Is Sads IT Limited in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Sads IT Limited (company number 10508520) entered creditors' voluntary liquidation on 28 February 2024, by its creditors. Ian Douglas Yerrill of null was appointed as liquidator.
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Sads IT 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 | 10508520 |
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| Incorporated | 2 December 2016 (10 years old) |
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| Registered office | Office 3 Romney Marsh Business Hub, New Romney, TN28 8LH |
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| Nature of business (SIC) | 62020: Information technology consultancy activities (IT & managed services) |
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| Date entered creditors' voluntary liquidation | 28 February 2024 |
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| Liquidator | Ian Douglas Yerrill, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Sads IT Limited is a it & managed services business based in New Romney, incorporated in 2016 and 8 years old when the liquidator was appointed. Its registered activity is information technology consultancy activities (SIC 62020). There have been 4 director appointments since incorporation, of which 4 were on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
4 people have been appointed as directors of Sads IT Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Sads Holdings Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
1 ceased control
- Mrs Helen Elizabeth Rowlan · ceased 2 Dec 2021
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingNational Westminster Bank PLC
A registered charge · Created 21 Sep 2017 · Pending
What happened
EventDateType
Liquidators' statement of receipts and payments16 April 2026LIQ03
Liquidators' statement of receipts and payments to 2025-02-2730 April 2025LIQ03
Registered office address changed from Mackenzies Chartered Accountants 4 Kings Row Armstrong Road Maidstone Kent ME15 6AQ England to Office 3 Romney Marsh Business Hub Mountfield Road New Romney Kent TN28 8LH on 2024-03-055 March 2024AD01 Appointment of a voluntary liquidator5 March 2024600
+35 earlier events · 2016 to 2024
Statement of affairs5 March 2024LIQ02
Creditors' voluntary liquidationStatus28 February 2024
Previous accounting period shortened from 2023-03-30 to 2023-03-2922 December 2023AA01 Confirmation statement made on 2023-12-01 with updates20 December 2023CS01 Total exemption full accounts made up to 2022-03-3023 March 2023AA Previous accounting period shortened from 2022-03-31 to 2022-03-3023 December 2022AA01 Confirmation statement made on 2022-12-01 with updates6 December 2022CS01 Notification of Sads Holdings Limited as a person with significant control on 2021-12-026 December 2022PSC02 Cessation of Helen Elizabeth Rowlan as a person with significant control on 2021-12-026 December 2022PSC07 Director's details changed for Mr John William Rowlan on 2022-08-022 August 2022CH01 Change of details for Mrs Helen Elizabeth Rowlan as a person with significant control on 2022-08-022 August 2022PSC04 Director's details changed for Mrs Helen Elizabeth Rowlan on 2022-08-022 August 2022CH01 Director's details changed for Mr Matthew John Busby on 2022-08-022 August 2022CH01 Director's details changed for Mr Nigel James Rowlan on 2022-08-022 August 2022CH01 Registered office address changed from 12 Romney Place Maidstone Kent ME15 6LE United Kingdom to Mackenzies Chartered Accountants 4 Kings Row Armstrong Road Maidstone Kent ME15 6AQ on 2022-07-2727 July 2022AD01 Total exemption full accounts made up to 2021-03-3129 December 2021AA Confirmation statement made on 2021-12-01 with updates10 December 2021CS01 Total exemption full accounts made up to 2020-03-314 February 2021AA Confirmation statement made on 2020-12-01 with updates29 January 2021CS01 Confirmation statement made on 2019-12-01 with updates6 January 2020CS01 Total exemption full accounts made up to 2019-03-3127 December 2019AA Total exemption full accounts made up to 2018-03-3120 December 2018AA Confirmation statement made on 2018-12-01 with updates13 December 2018CS01 Compulsory strike-off action has been discontinued31 October 2018DISS40 First Gazette notice for compulsory strike-off30 October 2018GAZ1 Confirmation statement made on 2017-12-01 with updates2 January 2018CS01 Director's details changed for Mrs Helen Elizabeth Rowlan on 2017-11-302 January 2018CH01 Director's details changed for Mr Nigel James Rowlan on 2017-11-302 January 2018CH01 Change of details for Mrs Helen Elizabeth Rowlan as a person with significant control on 2017-11-302 January 2018PSC04 Director's details changed for Mr Matthew John Busby on 2017-11-302 January 2018CH01 Current accounting period extended from 2017-12-31 to 2018-03-3128 November 2017AA01 Registration of charge 105085200001, created on 2017-09-2122 September 2017MR01 Appointment of Mr Matthew John Busby as a director on 2016-12-2929 December 2016AP01 Appointment of Mr Nigel James Rowlan as a director on 2016-12-2929 December 2016AP01 Appointment of Mrs Helen Elizabeth Rowlan as a director on 2016-12-2929 December 2016AP01 Incorporation2 December 2016NEWINC 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
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See how Protect works, £24/mo →Other it & managed services companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Sads IT Limited in creditors' voluntary liquidation?
- Yes. Sads IT Limited (company number 10508520) entered creditors' voluntary liquidation on 28 February 2024, by its creditors. Ian Douglas Yerrill of null was appointed as liquidator.
- Who is the liquidator of Sads IT Limited?
- Ian Douglas Yerrill, a licensed insolvency practitioner at null, was appointed liquidator of Sads IT Limited on 28 February 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Sads IT Limited do?
- Sads IT Limited's registered nature of business is information technology consultancy activities (SIC 62020). It is classified in the it & managed services sector.
- Where is Sads IT Limited based?
- Sads IT Limited's registered office is Office 3 Romney Marsh Business Hub, New Romney, TN28 8LH. The registered office is the address held on the public register, which is not always the trading address.
- When was Sads IT Limited founded?
- Sads IT Limited was incorporated on 2 December 2016, 8 years before the liquidator was appointed.
- What is Sads IT Limited's company number?
- Sads IT Limited's registered company number is 10508520.
- Who has significant control of Sads IT Limited?
- 1 active person with significant control over Sads IT Limited is on the register: Sads Holdings Limited.
- Does Sads IT Limited have any outstanding charges?
- an outstanding charge is registered against Sads IT 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 Sads IT 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 Sads IT 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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