HomeCompanies in LiquidationRace TEC Motorsports Ltd

Is Race TEC Motorsports Ltd in compulsory liquidation?

Last verified 26 May 2026
In Compulsory LiquidationYes, Race TEC Motorsports Ltd (company number 06806778) entered compulsory liquidation on 21 June 2011, by order of the court. The Official Receiver Or Northampton of null was appointed as liquidator.

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Race TEC Motorsports Ltd is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Compulsory Liquidation
Company number06806778
Incorporated2 February 2009 (17 years old)
Registered office2 Upper Prescote, Cropredy, Banbury, Oxon, OX17 1PF
Date entered compulsory liquidation21 June 2011
LiquidatorThe Official Receiver Or Northampton, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Race TEC Motorsports Ltd is a UK limited company based in Banbury, incorporated in 2009 and 2 years old when the liquidator was appointed. There have been 2 director appointments since incorporation.

Directors

2 people have been appointed as directors of Race TEC Motorsports Ltd.

DirectorStatusResigned
Denise HazellResigned31 Jan 2011
Wayne Andrew HazellResigned8 Dec 2010

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

What happened

EventDateType
Order of court to wind up11 July 2011COCOMP
Compulsory liquidationStatus21 June 2011
Termination of appointment as a secretary7 February 2011TM02
Termination of appointment as a director17 December 2010TM01
Annual return made up with full list of shareholders3 June 2010AR01
Incorporation2 February 2009NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.

Owed money by a company in liquidation

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.

How retention of title works

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Other companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Race TEC Motorsports Ltd in compulsory liquidation?
Yes. Race TEC Motorsports Ltd (company number 06806778) entered compulsory liquidation on 21 June 2011, by order of the court. The Official Receiver Or Northampton of null was appointed as liquidator.
Who is the liquidator of Race TEC Motorsports Ltd?
The Official Receiver Or Northampton, a licensed insolvency practitioner at null, was appointed liquidator of Race TEC Motorsports Ltd on 21 June 2011. Creditors can contact the liquidator directly to submit a claim.
Where is Race TEC Motorsports Ltd based?
Race TEC Motorsports Ltd's registered office is 2 Upper Prescote, Cropredy, Banbury, Oxon, OX17 1PF. The registered office is the address held on the public register, which is not always the trading address.
When was Race TEC Motorsports Ltd founded?
Race TEC Motorsports Ltd was incorporated on 2 February 2009, 2 years before the liquidator was appointed.
What is Race TEC Motorsports Ltd's company number?
Race TEC Motorsports Ltd's registered company number is 06806778.
What does liquidation mean for creditors of Race TEC Motorsports Ltd?
Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
How long does liquidation take?
Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
Will creditors get paid in Race TEC Motorsports Ltd's liquidation?
Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.

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