Is Ripples Inc. Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Ripples Inc. Limited (company number SC379529) entered creditors' voluntary liquidation on 15 October 2024, by its creditors.
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Ripples Inc. Limited is now in creditors' voluntary 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | SC379529 |
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| Incorporated | 1 June 2010 (16 years old) |
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| Registered office | C/O Begbies Traynor (Central) Llp, Ivtwo, Kintail House, Inverness, IV2 3BW |
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| Nature of business (SIC) | 47710: Retail sale of clothing in specialised stores (Retail) |
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| Date entered creditors' voluntary liquidation | 15 October 2024 |
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| Public register | View filing history ↗ |
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About the business
Ripples Inc. Limited is a retail business based in Kintail House, incorporated in 2010 and 14 years old when the liquidator was appointed. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). There have been 3 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control.
Directors
3 people have been appointed as directors of Ripples Inc. Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Adekunle Ajolayo Adeyemi
individual person with significant control · Nigerian · Scotland
Ownership of shares 25-50%Voting rights 25-50%
Since 1 May 2017Mrs Olabisi Abiola Adeyemi
individual person with significant control · Nigerian · Scotland
Ownership of shares 50-75%Voting rights 50-75%Right to appoint and remove directors
Since 1 May 2017
2 ceased controls
- Mrs Olabisi Abiola Adeyemi · ceased 1 Jan 2021
- Mr Adekunle Ajolayo Adeyemi · ceased 1 Jan 2021
What happened
EventDateType
Registered office address changed23 October 2024AD01 Creditors' voluntary liquidationStatus15 October 2024
Confirmation statement made with no updates18 June 2024CS01 Total exemption full accounts made up15 December 2023AA +55 earlier events · 2011 to 2023
Confirmation statement made with no updates8 June 2023CS01 Total exemption full accounts made up8 March 2023AA Confirmation statement made with updates3 May 2022CS01 Confirmation statement made with updates19 April 2022CS01 Confirmation statement made with updates19 April 2022CS01 Confirmation statement made with updates14 April 2022CS01 Total exemption full accounts made up28 March 2022AA Total exemption full accounts made up30 June 2021AA Confirmation statement made with updates11 June 2021CS01 Change of details as a person with significant control11 June 2021PSC04 Change of details as a person with significant control11 June 2021PSC04 Cessation as a person with significant control11 June 2021PSC07 Cessation as a person with significant control11 June 2021PSC07 Registered office address changed17 March 2021AD01 Total exemption full accounts made up30 June 2020AA Confirmation statement made with updates8 June 2020CS01 Confirmation statement made with updates3 June 2019CS01 Total exemption full accounts made up29 March 2019AA Confirmation statement made with no updates7 June 2018CS01 Notification as a person with significant control7 June 2018PSC01 Notification as a person with significant control7 June 2018PSC01 Change of details as a person with significant control29 March 2018PSC04 Change of details as a person with significant control29 March 2018PSC04 Director's details changed29 March 2018CH01 Director's details changed29 March 2018CH01 Change of details as a person with significant control28 March 2018PSC04 Change of details as a person with significant control28 March 2018PSC04 Director's details changed28 March 2018CH01 Director's details changed28 March 2018CH01 Director's details changed28 March 2018CH01 Registered office address changed28 March 2018AD01 Total exemption full accounts made up3 July 2017AA Confirmation statement made with updates15 June 2017CS01 Annual return made up with full list of shareholders11 January 2017AR01 Total exemption small company accounts made up12 July 2016AA Annual return made up with full list of shareholders2 July 2015AR01 Total exemption small company accounts made up2 July 2015AA Director's details changed2 July 2015CH01 Secretary's details changed2 July 2015CH03 Total exemption small company accounts made up30 June 2014AA Annual return made up with full list of shareholders30 June 2014AR01 Director's details changed30 June 2014CH01 Secretary's details changed30 June 2014CH03 Director's details changed30 June 2014CH01 Registered office address changed10 February 2014AD01 Total exemption small company accounts made up30 July 2013AA Annual return made up with full list of shareholders25 June 2013AR01 Director's details changed25 June 2013CH01 Director's details changed25 June 2013CH01 Secretary's details changed24 June 2013CH03 Total exemption small company accounts made up2 July 2012AA Annual return made up with full list of shareholders27 June 2012AR01 Total exemption small company accounts made up11 July 2011AA Annual return made up with full list of shareholders29 June 2011AR01 Registered office address changed9 June 2011AD01 Incorporation1 June 2010NEWINC 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 →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Ripples Inc. Limited in creditors' voluntary liquidation?
- Yes. Ripples Inc. Limited (company number SC379529) entered creditors' voluntary liquidation on 15 October 2024, by its creditors.
- What does Ripples Inc. Limited do?
- Ripples Inc. Limited's registered nature of business is retail sale of clothing in specialised stores (SIC 47710). It is classified in the retail sector.
- Where is Ripples Inc. Limited based?
- Ripples Inc. Limited's registered office is C/O Begbies Traynor (Central) Llp, Ivtwo, Kintail House, Inverness, IV2 3BW. The registered office is the address held on the public register, which is not always the trading address.
- When was Ripples Inc. Limited founded?
- Ripples Inc. Limited was incorporated on 1 June 2010, 14 years before the liquidator was appointed.
- What is Ripples Inc. Limited's company number?
- Ripples Inc. Limited's registered company number is SC379529.
- Who has significant control of Ripples Inc. Limited?
- 2 active people with significant control over Ripples Inc. Limited are on the register: Mr Adekunle Ajolayo Adeyemi, Mrs Olabisi Abiola Adeyemi.
- What does liquidation mean for creditors of Ripples Inc. Limited?
- 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 Ripples Inc. Limited'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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