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S.A.S. (Business Equipment) Limited Is S.A.S. (Business Equipment) Limited in compulsory liquidation?
Last verified 26 May 2026
Yes, S.A.S. (Business Equipment) Limited (company number 02038446) entered compulsory liquidation on 6 July 1992, by order of the court.
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S.A.S. (Business Equipment) Limited 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
| Status | In Compulsory Liquidation |
|---|
| Company number | 02038446 |
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| Previously known as | - Rearthrift Limited, Jul 1986 to Oct 1986
|
|---|
| Incorporated | 18 July 1986 (40 years old) |
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| Registered office | 195 Banbury Road, Summertown, Oxford, OX2 7AR |
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| Date entered compulsory liquidation | 6 July 1992 |
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| Public register | View filing history ↗ |
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About the business
S.A.S. (Business Equipment) Limited is a UK limited company based in Oxford, incorporated in 1986 and 6 years old when the liquidator was appointed. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
0 people have been appointed as directors of S.A.S. (Business Equipment) Limited.
DirectorStatusAppointedResigned
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingNational Westminster Bank PLC
Mortgage debenture · Created 23 Sep 1991 · Pending
What happened
EventDateType
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
Order of court to wind up12 August 1992COCOMP
Notice of order of court to wind up13 July 19924.13
Compulsory liquidationStatus6 July 1992
Legacy27 May 1992SPEC PEN
+25 earlier events · 1986 to 1992
Statement of affairs27 April 19924.20
Appointment of a voluntary liquidator27 April 1992600
Accounts for a small company made up16 September 1991AA Legacy21 December 1990287 Accounts for a small company made up9 August 1990AA Accounts for a small company made up15 August 1989AA Accounts for a dormant company made up15 August 1989AA Legacy25 April 1989GEN117
A selection of documents registered before 1 January 19871 January 1987PRE87
Legacy2 December 1986224
Legacy16 October 1986GAZ(U)
Certificate of change of name6 October 1986CERTNM Certificate of Incorporation18 July 1986CERTINC
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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is S.A.S. (Business Equipment) Limited in compulsory liquidation?
- Yes. S.A.S. (Business Equipment) Limited (company number 02038446) entered compulsory liquidation on 6 July 1992, by order of the court.
- Where is S.A.S. (Business Equipment) Limited based?
- S.A.S. (Business Equipment) Limited's registered office is 195 Banbury Road, Summertown, Oxford, OX2 7AR. The registered office is the address held on the public register, which is not always the trading address.
- When was S.A.S. (Business Equipment) Limited founded?
- S.A.S. (Business Equipment) Limited was incorporated on 18 July 1986, 6 years before the liquidator was appointed.
- What is S.A.S. (Business Equipment) Limited's company number?
- S.A.S. (Business Equipment) Limited's registered company number is 02038446.
- Does S.A.S. (Business Equipment) Limited have any outstanding charges?
- an outstanding charge is registered against S.A.S. (Business Equipment) Limited out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of S.A.S. (Business Equipment) 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 S.A.S. (Business Equipment) 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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