HomeCompanies in LiquidationSAI - Meds Limited

Is SAI - Meds Limited in creditors' voluntary liquidation?

Last verified 26 May 2026
In Creditors' Voluntary LiquidationYes, SAI - Meds Limited (company number 07726504) entered creditors' voluntary liquidation on 23 November 2023, by its creditors. Peter Nicholas Wastell of null was appointed as liquidator.

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SAI - Meds 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 number07726504
Previously known as
  • SAI - MED Limited, Aug 2011 to Aug 2015
Incorporated2 August 2011 (15 years old)
Registered officeSecond Floor The Annexe New Barnes Mill, Cottonmill Lane, St Albans, Herts, AL1 2HA
Nature of business (SIC)47749: Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. (Retail)
Date entered creditors' voluntary liquidation23 November 2023
LiquidatorPeter Nicholas Wastell, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

SAI - Meds Limited is a retail business based in St Albans, incorporated in 2011 and 12 years old when the liquidator was appointed. Its registered activity is retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. (SIC 47749). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.

Directors

2 people have been appointed as directors of SAI - Meds Limited.

DirectorStatusResigned
Sanjay ChopraActive
Baldev SaggarResigned24 Apr 2013

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

Persons with significant control

Individuals or entities with significant influence or control.

1 ceased control
  • Mr Sagar Chopra · ceased 28 Feb 2019

Charges register

Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.

Status · Creditor · Type · Dates
SatisfiedBarclays Security Trustee Limited
A registered charge · Created 16 Feb 2021 · Satisfied 24 Jan 2022
SatisfiedBarclays Bank PLC
A registered charge · Created 29 Nov 2017 · Satisfied 24 Jan 2022

What happened

EventDateType
Liquidators' statement of receipts and payments28 January 2026LIQ03
Liquidators' statement of receipts and payments3 February 2025LIQ03
Statement of affairs15 December 2023LIQ02
Registered office address changed5 December 2023AD01
Appointment of a voluntary liquidator5 December 2023600
42 earlier events · 2011 to 2023
Resolutions5 December 2023RESOLUTIONS
Creditors' voluntary liquidationStatus23 November 2023
Compulsory strike-off action has been suspended11 November 2023DISS16(SOAS)
First Gazette notice for compulsory strike-off31 October 2023GAZ1
Confirmation statement made with no updates9 January 2023CS01
Micro company accounts made up31 August 2022AA
Registered office address changed28 February 2022AD01
Satisfaction of charge in full24 January 2022MR04
Satisfaction of charge in full24 January 2022MR04
Confirmation statement made with no updates9 December 2021CS01
Micro company accounts made up31 August 2021AA
Registration of charge , created25 February 2021MR01
Confirmation statement made with no updates2 December 2020CS01
Micro company accounts made up31 August 2020AA
Notification as a person with significant control21 February 2020PSC01
Cessation as a person with significant control21 February 2020PSC07
Confirmation statement made with no updates2 December 2019CS01
Amended total exemption full accounts made up14 October 2019AAMD
Micro company accounts made up31 May 2019AA
Confirmation statement made with no updates13 December 2018CS01
Micro company accounts made up30 May 2018AA
Registered office address changed5 May 2018AD01
Confirmation statement made with updates28 February 2018CS01
Registration of charge , created1 December 2017MR01
Total exemption small company accounts made up31 May 2017AA
Registered office address changed27 April 2017AD01
Confirmation statement made with updates20 December 2016CS01
Total exemption small company accounts made up1 June 2016AA
Annual return made up with full list of shareholders2 December 2015AR01
Certificate of change of name25 August 2015CERTNM
Total exemption small company accounts made up28 April 2015AA
Annual return made up with full list of shareholders30 March 2015AR01
Annual return made up with full list of shareholders8 August 2014AR01
Registered office address changed8 August 2014AD01
Total exemption small company accounts made up30 July 2014AA
Annual return made up with full list of shareholders5 August 2013AR01
Total exemption small company accounts made up24 June 2013AA
Registered office address changed24 April 2013AD01
Termination of appointment as a director24 April 2013TM01
Annual return made up with full list of shareholders21 August 2012AR01
Appointment as a director8 May 2012AP01
Registered office address changed4 August 2011AD01
Incorporation2 August 2011NEWINC

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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Other retail companies in creditors' voluntary liquidation

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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 SAI - Meds Limited in creditors' voluntary liquidation?
Yes. SAI - Meds Limited (company number 07726504) entered creditors' voluntary liquidation on 23 November 2023, by its creditors. Peter Nicholas Wastell of null was appointed as liquidator.
Who is the liquidator of SAI - Meds Limited?
Peter Nicholas Wastell, a licensed insolvency practitioner at null, was appointed liquidator of SAI - Meds Limited on 23 November 2023. Creditors can contact the liquidator directly to submit a claim.
What does SAI - Meds Limited do?
SAI - Meds Limited's registered nature of business is retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. (SIC 47749). It is classified in the retail sector.
Where is SAI - Meds Limited based?
SAI - Meds Limited's registered office is Second Floor The Annexe New Barnes Mill, Cottonmill Lane, St Albans, Herts, AL1 2HA. The registered office is the address held on the public register, which is not always the trading address.
When was SAI - Meds Limited founded?
SAI - Meds Limited was incorporated on 2 August 2011, 12 years before the liquidator was appointed.
What is SAI - Meds Limited's company number?
SAI - Meds Limited's registered company number is 07726504.
Who has significant control of SAI - Meds Limited?
1 active person with significant control over SAI - Meds Limited is on the register: Mr Sanjay Chopra.
What does liquidation mean for creditors of SAI - Meds 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 SAI - Meds 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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