HomeCompanies in LiquidationRugby First Limited

Is Rugby First Limited in creditors' voluntary liquidation?

Last verified 18 June 2026
In Creditors' Voluntary LiquidationYes, Rugby First Limited (company number 04863144) entered creditors' voluntary liquidation on 21 May 2026, by its creditors.

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Rugby First 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

StatusIn Creditors' Voluntary Liquidation
Company number04863144
Previously known as
  • The Rugby BID Company Limited, Mar 2004 to Aug 2010
  • Rugby Townwatch Limited, Aug 2003 to Mar 2004
Incorporated12 August 2003 (23 years old)
Registered office100 St. James Road, Northampton, NN5 5LF
Nature of business (SIC)82990: Other business support service activities n.e.c.
Date entered creditors' voluntary liquidation21 May 2026
Official noticeView the official notice ↗
Public registerView filing history ↗

About the business

Rugby First Limited is a UK limited company based in Northampton, incorporated in 2003 and 23 years old when the liquidator was appointed. Its registered activity is other business support service activities n.e.c. (SIC 82990). There have been 77 director appointments since incorporation, of which 6 were on the board when the liquidator was appointed. 1 charge has been registered against the company, all of which are recorded as satisfied.

Directors

77 people have been appointed as directors of Rugby First Limited.

DirectorStatusResigned
John Frederick CarvellActive
Adam John McHenryActive
John Frederick CarvellActive
Edmund James NeweyActive
Linda Tracey LowneActive
Peter Robert AengenheisterActive
71 former directors · resigned 2003 to 2025
Peter James ButlinResigned30 Jun 2025
Amie Louise Barton-YoungResigned28 Feb 2025
Louise Marie FordhamResigned20 Feb 2025
Paul Francis McDonnellResigned10 Dec 2024
Joshua Alan MaltResigned21 Dec 2023
Simon Gregory Leech+ 1 otherResigned27 Jul 2023
Joanne Louise Constance HollandResigned31 Mar 2023
Joanne Louise Constance HollandResigned31 Mar 2023
Sebastian Michael LoweResigned27 Sep 2022
Ian James PickerResigned27 Sep 2022
Graham Leonard SaxtonResigned13 Aug 2022
Shirley Ann FranktonResigned19 Jul 2022
Alistair Damian GeorgeResigned19 Jul 2022
Robin Jake SwiftResigned19 Jul 2022
Jill Beverley Simpson-VinceResigned19 Jul 2022
Michael David SutcliffeResigned19 Jul 2022
Christopher Maxwell Courtney CadeResigned21 Mar 2022
Richard Guy WarrenResigned21 Oct 2021
Richard Guy WarrenResigned21 Oct 2021
Louise Marie FordhamResigned26 May 2021
Scott Oliver WhymentResigned24 Oct 2019
Lisa Anne ParkerResigned24 Oct 2019
Aftab GaffarResigned28 Feb 2019
Aftab GaffarResigned28 Feb 2019
Imogen Joyce NayResigned28 Feb 2019
Heather Mary TimmsResigned24 May 2018
Michael O'ConnorResigned30 Jun 2017
Christopher Richard William LillingtonResigned30 Jun 2017
Yousef DahmashResigned30 Jun 2017
Paul Miles RogersResigned23 Feb 2017
Shaun Michael JardineResigned23 Feb 2017
Andrew Guy SalterResigned13 Oct 2016
Glenn Jason BourneResigned21 Jul 2016
Sally Drayton BraggResigned21 May 2015
Shirley Frances GaleResigned23 Apr 2015
Clare Lorraine GregoryResigned28 Feb 2015
Beverley Ann GarrattResigned24 Feb 2015
Anthony Ivan SpencerResigned16 Dec 2014
Mark Antony WilliamsResigned21 Nov 2014
Simon Matthew DubbinResigned24 Sep 2014
Marie Claire ClintonResigned11 Sep 2014
Anne ColeResigned26 Jun 2014
Robin Andrej RichterResigned12 Dec 2013
Robin Andrej RichterResigned12 Dec 2013
Geoffrey William WhiteResigned23 Oct 2013
Kelvin HuntResigned26 Aug 2013
Peter Lindsay TalbotResigned22 Apr 2013
Paul William KnapmanResigned5 Dec 2012
Simon Mark SteeleResigned30 Sep 2012
Beverley Ann ThomasResigned8 Aug 2012
Carolyn Patricia PhippsResigned26 Apr 2012
Mark Howard Francis BeachResigned15 Apr 2012
Ishvarial Govindhhai MistryResigned1 Nov 2010
Neil Parc CampbellResigned1 Oct 2010
Christopher Richard William LillingtonResigned1 Oct 2010
Charles John Predergast VerekerResigned1 Sep 2010
Simon George Clifford TowersResigned28 Oct 2009
Katherine Mary KingResigned16 Jul 2009
Peter Robert AengenheisterResigned19 Mar 2009
Caroline Stephanie SmithResigned30 Sep 2008
Simon George Clifford TowersResigned25 Jul 2008
Gisele Renee Anne Marie PellegriniResigned3 Apr 2008
Barry HuntResigned2 Jan 2007
Simon George Clifford TowersResigned25 May 2006
Clifford Brian CooperResigned18 May 2006
Gordon Dean CollettResigned18 May 2006
Nigel John Dale+ 1 otherResigned5 Oct 2005
Julian PageResigned1 Feb 2005
Robin Andrej RichterResigned1 Jun 2004
Paul Prys TaylorResigned28 Oct 2003
David Elmore CranfieldResigned28 Oct 2003

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

Charges register

Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.

Status · Creditor · Type · Dates
SatisfiedThe Governor and Company of the Bank of Scotland
Debenture · Created 4 Apr 2006 · Satisfied 1 Nov 2011

What happened

EventDateType
Notice to Registrar of Companies of Notice of disclaimer3 July 2026NDISC
Notice to Registrar of Companies of Notice of disclaimer20 June 2026NDISC
Statement of affairs19 June 2026LIQ02
Appointment of a voluntary liquidator19 June 2026600
Resolutions19 June 2026RESOLUTIONS
240 earlier events · 2003 to 2026
Compulsory strike-off action has been discontinued27 May 2026DISS40
First Gazette notice for compulsory strike-off26 May 2026GAZ1
Creditors' voluntary liquidationStatus21 May 2026
Registered office address changed from Suite 3 First Floor Bloxam Court Corporation Street Rugby Warwickshire CV21 2DU to 100 st. James Road Northampton NN5 5LF on 2026-04-1414 April 2026AD01
Confirmation statement made on 2025-08-12 with no updates18 August 2025CS01
Termination of appointment of Peter James Butlin as a director on 2025-06-3023 July 2025TM01
Termination of appointment of Paul Francis Mcdonnell as a director on 2024-12-1011 March 2025TM01
Termination of appointment of Louise Marie Fordham as a director on 2025-02-2011 March 2025TM01
Termination of appointment of Amie Louise Barton-Young as a director on 2025-02-2811 March 2025TM01
Accounts for a small company made up to 2024-03-3123 December 2024AA
Appointment of Amie Louise Barton-Young as a director on 2024-09-258 November 2024AP01
Confirmation statement made on 2024-08-12 with no updates3 September 2024CS01
Appointment of Mr Peter Robert Aengenheister as a director on 2024-07-243 September 2024AP01
Appointment of Linda Tracey Lowne as a director on 2024-01-316 June 2024AP01
Termination of appointment of Joshua Alan Malt as a director on 2023-12-213 February 2024TM01
Accounts for a small company made up to 2023-03-319 January 2024AA
Appointment of Paul Francis Mcdonnell as a director on 2023-10-1112 October 2023AP01
Appointment of Edmund James Newey as a director on 2023-10-1112 October 2023AP01
Confirmation statement made on 2023-08-12 with no updates1 September 2023CS01
Termination of appointment of Simon Gregory Leech as a director on 2023-07-2729 August 2023TM01
Appointment of Mrs Louise Marie Fordham as a director on 2023-07-1320 July 2023AP01
Termination of appointment of Joanne Louise Constance Holland as a director on 2023-03-3122 May 2023TM01
Termination of appointment of Joanne Louise Constance Holland as a secretary on 2023-03-3122 May 2023TM02
Appointment of John Frederick Carvell as a secretary on 2023-03-3122 May 2023AP03
Accounts for a small company made up to 2022-03-3112 April 2023AA
Termination of appointment of Ian James Picker as a director on 2022-09-2731 January 2023TM01
Termination of appointment of Sebastian Michael Lowe as a director on 2022-09-2731 January 2023TM01
Termination of appointment of Graham Leonard Saxton as a director on 2022-08-1331 January 2023TM01
Appointment of Joshua Alan Malt as a director on 2022-09-0527 September 2022AP01
Confirmation statement made on 2022-08-12 with no updates5 September 2022CS01
Appointment of Adam John Mchenry as a director on 2022-07-193 August 2022AP01
Appointment of Mr Peter James Butlin as a director on 2022-07-1925 July 2022AP01
Termination of appointment of Michael David Sutcliffe as a director on 2022-07-1925 July 2022TM01
Termination of appointment of Shirley Ann Frankton as a director on 2022-07-1921 July 2022TM01
Appointment of Mr Ian James Picker as a director on 2022-07-1921 July 2022AP01
Termination of appointment of Jill Beverley Simpson-Vince as a director on 2022-07-1921 July 2022TM01
Termination of appointment of Alistair Damian George as a director on 2022-07-1921 July 2022TM01
Termination of appointment of Robin Jake Swift as a director on 2022-07-1921 July 2022TM01
Accounts for a small company made up to 2021-03-3123 June 2022AA
Termination of appointment of Christopher Maxwell Courtney Cade as a director on 2022-03-2123 March 2022TM01
Appointment of Joanne Louise Constance Holland as a director on 2021-10-2129 October 2021AP01
Appointment of Joanne Louise Constance Holland as a secretary on 2021-10-2129 October 2021AP03
Termination of appointment of Richard Guy Warren as a secretary on 2021-10-2129 October 2021TM02
Termination of appointment of Richard Guy Warren as a director on 2021-10-2129 October 2021TM01
Confirmation statement made on 2021-08-12 with no updates10 September 2021CS01
Termination of appointment of Louise Marie Fordham as a director on 2021-05-2611 June 2021TM01
Director's details changed for Christopher Maxwell Courtney Cade on 2021-03-295 May 2021CH01
Current accounting period extended from 2020-10-31 to 2021-03-318 March 2021AA01
Full accounts made up to 2019-10-3129 January 2021AA
Compulsory strike-off action has been discontinued29 January 2021DISS40
Compulsory strike-off action has been suspended23 January 2021DISS16(SOAS)
First Gazette notice for compulsory strike-off5 January 2021GAZ1
Confirmation statement made on 2020-08-12 with no updates15 September 2020CS01
Appointment of Christopher Maxwell Courtney Cade as a director on 2019-10-2420 January 2020AP01
Termination of appointment of Lisa Anne Parker as a director on 2019-10-2417 January 2020TM01
Termination of appointment of Scott Oliver Whyment as a director on 2019-10-2417 January 2020TM01
Confirmation statement made on 2019-08-12 with no updates16 August 2019CS01
Accounts for a small company made up to 2018-10-3131 July 2019AA
Notification of a person with significant control statement23 July 2019PSC08
Cessation of Aftab Gaffar as a person with significant control on 2019-03-0123 July 2019PSC07
Director's details changed for Mrs Louise Marie Fordham on 2019-04-306 May 2019CH01
Appointment of Richard Guy Warren as a secretary on 2019-03-0127 March 2019AP03
Appointment of Richard Guy Warren as a director on 2019-03-0127 March 2019AP01
Termination of appointment of Aftab Gaffar as a director on 2019-02-2827 March 2019TM01
Termination of appointment of Imogen Joyce Nay as a director on 2019-02-2827 March 2019TM01
Termination of appointment of Aftab Gaffar as a secretary on 2019-02-2827 March 2019TM02
Confirmation statement made on 2018-08-12 with no updates29 August 2018CS01
Appointment of Mrs Louise Marie Fordham as a director on 2018-06-282 August 2018AP01
Appointment of Mr Michael David Sutcliffe as a director on 2018-06-2830 July 2018AP01
Full accounts made up to 2017-10-319 July 2018AA
Termination of appointment of Heather Mary Timms as a director on 2018-05-2421 June 2018TM01
Appointment of Sebastian Michael Lowe as a director on 2018-05-2421 June 2018AP01
Director's details changed for Mrs Jill Beverley Simpson-Vince on 2017-09-162 October 2017CH01
Confirmation statement made on 2017-08-12 with no updates6 September 2017CS01
Termination of appointment of Michael O'connor as a director on 2017-06-3030 August 2017TM01
Director's details changed for Mr. John Frederick Carvell on 2017-08-019 August 2017CH01
Appointment of Mrs Jill Beverley Simpson-Vince as a director on 2017-06-309 August 2017AP01
Termination of appointment of Yousef Dahmash as a director on 2017-06-309 August 2017TM01
Termination of appointment of Christopher Richard William Lillington as a director on 2017-06-309 August 2017TM01
Director's details changed for Heather Mary Timms on 2017-08-019 August 2017CH01
Director's details changed for Scott Oliver Whyment on 2017-08-019 August 2017CH01
Director's details changed for Michael O'connor on 2017-08-019 August 2017CH01
Director's details changed for Mrs Lisa Anne Parker on 2017-08-019 August 2017CH01
Director's details changed for Simon Gregory Leech on 2017-08-019 August 2017CH01
Director's details changed for Mr. John Frederick Carvell on 2017-01-011 August 2017CH01
Full accounts made up to 2016-10-3118 July 2017AA
Termination of appointment of Shaun Michael Jardine as a director on 2017-02-2324 May 2017TM01
Termination of appointment of Paul Miles Rogers as a director on 2017-02-233 March 2017TM01
Appointment of Mr Graham Leonard Saxton as a director on 2016-10-1331 October 2016AP01
Termination of appointment of Andrew Guy Salter as a director on 2016-10-1331 October 2016TM01
Confirmation statement made on 2016-08-12 with updates23 September 2016CS01
Director's details changed for Mr Alistair Damian George on 2016-08-0122 September 2016CH01
Director's details changed for Shaun Michael Jardine on 2016-08-0122 September 2016CH01
Director's details changed for Mrs Lisa Anne Parker on 2016-08-0122 September 2016CH01
Director's details changed for Simon Gregory Leech on 2016-08-0122 September 2016CH01
Director's details changed for Mr Andrew Guy Salter on 2016-08-0122 September 2016CH01
Termination of appointment of Glenn Jason Bourne as a director on 2016-07-211 August 2016TM01
Full accounts made up to 2015-10-317 July 2016AA
Director's details changed for Mrs Shirley Ann Frankton on 2015-11-2023 November 2015CH01
Annual return made up to 2015-08-12 no member list16 October 2015AR01
Appointment of Lisa Anne Parker as a director on 2015-05-216 October 2015AP01
Appointment of Shaun Michael Jardine as a director on 2015-06-2525 September 2015AP01
Full accounts made up to 2014-10-3127 August 2015AA
Appointment of Mr Paul Miles Rogers as a director on 2014-10-3015 July 2015AP01
Termination of appointment of Sally Drayton Bragg as a director on 2015-05-2128 May 2015TM01
Termination of appointment of Shirley Frances Gale as a director on 2015-04-235 May 2015TM01
Termination of appointment of Anthony Ivan Spencer as a director on 2014-12-165 May 2015TM01
Appointment of Robin Jake Swift as a director on 2014-12-185 May 2015AP01
Termination of appointment of Beverley Ann Garratt as a director on 2015-02-2413 March 2015TM01
Termination of appointment of Clare Lorraine Gregory as a director on 2015-02-2813 March 2015TM01
Appointment of Imogen Joyce Nay as a director on 2014-10-3013 March 2015AP01
Appointment of Sally Drayton Bragg as a director on 2014-11-2118 December 2014AP01
Termination of appointment of Mark Antony Williams as a director on 2014-11-2110 December 2014TM01
Termination of appointment of Simon Matthew Dubbin as a director on 2014-09-245 November 2014TM01
Termination of appointment of Marie Claire Clinton as a director on 2014-09-115 November 2014TM01
Annual return made up to 2014-08-12 no member list15 August 2014AR01
Full accounts made up to 2013-10-316 August 2014AA
Termination of appointment of Anne Cole as a director2 July 2014TM01
Appointment of Glenn Jason Bourne as a director18 March 2014AP01
Termination of appointment of Robin Richter as a secretary15 January 2014TM02
Appointment of Yousef Dahmash as a director15 January 2014AP01
Appointment of Aftab Gaffar as a secretary15 January 2014AP03
Termination of appointment of Robin Richter as a director15 January 2014TM01
Appointment of Mr Alistair Damian George as a director16 December 2013AP01
Termination of appointment of Geoffrey White as a director8 November 2013TM01
Termination of appointment of Kelvin Hunt as a director8 November 2013TM01
Director's details changed for Kelvin Hunt on 2013-08-1227 August 2013CH01
Annual return made up to 2013-08-12 no member list27 August 2013AR01
Director's details changed for Michael O'connor on 2013-08-1227 August 2013CH01
Director's details changed for Aftab Gaffar on 2013-08-0727 August 2013CH01
Termination of appointment of Paul Knapman as a director25 July 2013TM01
Auditor's resignation23 July 2013AUD
Full accounts made up to 2012-10-3111 July 2013AA
Appointment of Anne Cole as a director19 June 2013AP01
Appointment of Clare Lorraine Gregory as a director13 June 2013AP01
Appointment of Scott Oliver Whyment as a director13 June 2013AP01
Appointment of Shirley Frances Gale as a director13 June 2013AP01
Termination of appointment of Peter Talbot as a director25 April 2013TM01
Appointment of Christopher Richard William Lillington as a director3 January 2013AP01
Termination of appointment of Simon Steele as a director9 November 2012TM01
Annual return made up to 2012-08-12 no member list14 August 2012AR01
Termination of appointment of Beverley Thomas as a director10 August 2012TM01
Full accounts made up to 2011-10-3111 July 2012AA
Appointment of Beverley Ann Garratt as a director28 June 2012AP01
Termination of appointment of Mark Beach as a director6 June 2012TM01
Termination of appointment of Carolyn Phipps as a director6 June 2012TM01
Legacy4 November 2011MG02
Annual return made up to 2011-08-12 no member list26 August 2011AR01
Full accounts made up to 2010-10-3125 July 2011AA
Appointment of Mark Antony Williams as a director24 June 2011AP01
Appointment of Simon Matthew Dubbin as a director13 May 2011AP01
Termination of appointment of Ishvarial Mistry as a director30 March 2011TM01
Appointment of Beverley Thomas as a director8 March 2011AP01
Appointment of Simon Mark Steele as a director8 March 2011AP01
Director's details changed for Ms Marie Claire Hoare on 2010-10-0915 November 2010CH01
Termination of appointment of Neil Campbell as a director14 October 2010TM01
Termination of appointment of Christopher Lillington as a director14 October 2010TM01
Termination of appointment of Charles Vereker as a director13 October 2010TM01
Appointment of Mr. John Frederick Carvell as a director29 September 2010AP01
Appointment of Mark Howard Francis Beach as a director28 September 2010AP01
Appointment of Marie Claire Hoare as a director28 September 2010AP01
Appointment of Mrs Shirley Ann Frankton as a director28 September 2010AP01
Appointment of Peter Lindsay Talbot as a director28 September 2010AP01
Appointment of Councillor Ishvarlal Govindbhai Mistry as a director28 September 2010AP01
Registered office address changed from Suite 3 9 North Street Rugby Warwickshire CV21 2RA on 2010-09-1010 September 2010AD01
Memorandum and Articles of Association20 August 2010MEM/ARTS
Certificate of change of name18 August 2010CERTNM
Change of name notice18 August 2010CONNOT
Annual return made up to 2010-08-12 no member list16 August 2010AR01
Appointment of Heather Mary Timms as a director5 August 2010AP01
Full accounts made up to 2009-10-315 August 2010AA
Termination of appointment of Simon George Towers as a director4 November 2009TM01
Appointment of Christopher Richard William Lillington as a director28 October 2009AP01
Legacy21 August 2009363a
Legacy27 July 2009288b
Legacy6 April 2009288b
Full accounts made up to 2008-10-311 April 2009AA
Legacy15 December 2008288a
Legacy10 October 2008288b
Legacy7 October 2008288a
Legacy2 September 2008288a
Legacy29 August 2008363a
Legacy29 August 2008190
Legacy29 August 2008353
Legacy29 August 2008287
Legacy5 August 2008287
Legacy1 August 2008288b
Full accounts made up to 2007-10-319 July 2008AA
Legacy8 May 2008288a
Legacy10 April 2008288b
Resolutions20 March 2008RESOLUTIONS
Legacy26 October 2007288a
Legacy26 October 2007288a
Legacy20 August 2007288a
Legacy15 August 2007363a
Legacy15 August 2007288b
Full accounts made up to 2006-10-3117 April 2007AA
Legacy26 February 2007287
Legacy5 October 2006287
Legacy15 August 2006363a
Legacy15 August 2006190
Legacy15 August 2006353
Legacy15 August 2006287
Legacy17 July 2006288a
Legacy29 June 2006288a
Legacy29 June 2006288a
Legacy23 June 2006288b
Legacy23 June 2006288b
Legacy6 June 2006288b
Legacy8 April 2006395
Legacy20 January 2006288a
Legacy12 December 2005288c
Legacy12 December 2005288c
Legacy17 November 2005288a
Legacy14 November 2005288a
Accounts for a dormant company made up to 2005-10-3114 November 2005AA
Legacy3 November 2005225
Legacy14 October 2005288b
Legacy6 October 2005363s
Legacy28 June 2005288a
Legacy31 May 2005288a
Legacy28 April 2005288a
Legacy23 February 2005288a
Accounts for a dormant company made up to 2004-08-3110 February 2005AA
Legacy10 February 2005288b
Legacy13 August 2004363s
Legacy14 July 2004288a
Legacy13 July 2004288b
Legacy13 July 2004288a
Legacy13 July 2004288a
Resolutions13 July 2004RESOLUTIONS
Certificate of change of name8 March 2004CERTNM
Legacy30 January 2004288a
Legacy28 January 2004288a
Legacy28 January 2004288a
Legacy2 December 2003288a
Legacy25 November 2003288a
Legacy14 November 2003288a
Legacy13 November 2003288b
Legacy6 November 2003288b
Incorporation12 August 2003NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator (BRI Business Recovery and Insolvency). 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

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Other companies in creditors' voluntary liquidation

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Rugby First Limited in creditors' voluntary liquidation?
Yes. Rugby First Limited (company number 04863144) entered creditors' voluntary liquidation on 21 May 2026, by its creditors.
What does Rugby First Limited do?
Rugby First Limited's registered nature of business is other business support service activities n.e.c. (SIC 82990).
Where is Rugby First Limited based?
Rugby First Limited's registered office is 100 St. James Road, Northampton, NN5 5LF. The registered office is the address held on the public register, which is not always the trading address.
When was Rugby First Limited founded?
Rugby First Limited was incorporated on 12 August 2003, 23 years before the liquidator was appointed.
What is Rugby First Limited's company number?
Rugby First Limited's registered company number is 04863144.
What does liquidation mean for creditors of Rugby First 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 Rugby First 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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