Is Sanray Ltd in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, Sanray Ltd (company number 14029685) entered creditors' voluntary liquidation on 18 April 2025, by its creditors. Tyrone Courtman of RSM UK Restructuring Advisory LLP was appointed as liquidator.
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Sanray Ltd 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.
How the case progressed
Administration
30 April 2024 · CGamp;Co
Creditors' voluntary liquidation
18 April 2025 · RSM UK Restructuring Advisory LLP
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 14029685 |
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| Incorporated | 6 April 2022 (4 years old) |
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| Registered office | Rivermead House 7 Lewis Court, Grove Park, Leicester, LE19 1SD |
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| Nature of business (SIC) | 47110: Retail sale in non-specialised stores with food, beverages or tobacco predominating (Retail) |
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| Date entered creditors' voluntary liquidation | 18 April 2025 |
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| Liquidator | Tyrone Courtman, RSM UK Restructuring Advisory LLP (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Sanray Ltd is a retail business based in Leicester, incorporated in 2022 and 3 years old when the liquidator was appointed. Its registered activity is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). 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. 5 charges have been registered against the company, 2 of which are still outstanding.
Directors
2 people have been appointed as directors of Sanray Ltd.
DirectorStatusAppointedResigned
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.
Mr Sanjay Mulubhai Karavadra
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Rekha Sanjay Karavadra · ceased 1 Oct 2023
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
OutstandingHope Capital Specialist Lending Limited
A registered charge · Created 13 Dec 2023 · Pending
OutstandingHope Capital Specialist Lending Limited
A registered charge · Created 13 Dec 2023 · Pending
SatisfiedRose C F Limited
A registered charge · Created 17 Apr 2023 · Satisfied 10 Apr 2024
SatisfiedRose C F Limited
A registered charge · Created 17 Apr 2023 · Satisfied 10 Apr 2024
SatisfiedHsbc UK Bank PLC
A registered charge · Created 8 Sep 2022 · Satisfied 3 Apr 2023
What happened
EventDateType
Liquidators' statement of receipts and payments to 2026-04-1727 May 2026LIQ03
Appointment of a voluntary liquidator24 March 2026600
Removal of liquidator by court order19 March 2026LIQ10
Registered office address changed23 May 2025AD01 Appointment of a voluntary liquidator7 May 2025600
+27 earlier events · 2022 to 2025
Notice of move from Administration case to Creditors Voluntary Liquidation18 April 2025AM22 Revision of administrator’s proposals14 April 2025AM08
Statement of administrator's revised proposal14 April 2025AM09
Establishment of creditors or liquidation committee3 March 2025COM1
Administrator's progress report21 November 2024AM10 Notice of deemed approval of proposals25 June 2024AM06
Statement of administrator's proposal19 June 2024AM03 Cessation as a person with significant control8 May 2024PSC07 Termination of appointment as a director7 May 2024TM01 Appointment of an administrator30 April 2024AM01 Registered office address changed30 April 2024AD01 Satisfaction of charge in full10 April 2024MR04 Satisfaction of charge in full10 April 2024MR04 Micro company accounts made up31 December 2023AA Registration of charge , created18 December 2023MR01 Registration of charge , created14 December 2023MR01 Notification as a person with significant control24 June 2023PSC01 Appointment as a director24 June 2023AP01 Confirmation statement made with updates24 June 2023CS01 Registration of charge , created24 April 2023MR01 Registration of charge , created24 April 2023MR01 Confirmation statement made with no updates3 April 2023CS01 Satisfaction of charge in full3 April 2023MR04 Registered office address changed21 March 2023AD01 Current accounting period shortened25 November 2022AA01 Registration of charge , created9 September 2022MR01 Registered office address changed11 August 2022AD01 Incorporation6 April 2022NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (RSM UK Restructuring Advisory LLP). 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Sanray Ltd in creditors' voluntary liquidation?
- Yes. Sanray Ltd (company number 14029685) entered creditors' voluntary liquidation on 18 April 2025, by its creditors. Tyrone Courtman of RSM UK Restructuring Advisory LLP was appointed as liquidator.
- Who is the liquidator of Sanray Ltd?
- Tyrone Courtman, a licensed insolvency practitioner at RSM UK Restructuring Advisory LLP, was appointed liquidator of Sanray Ltd on 18 April 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Sanray Ltd do?
- Sanray Ltd's registered nature of business is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). It is classified in the retail sector.
- Where is Sanray Ltd based?
- Sanray Ltd's registered office is Rivermead House 7 Lewis Court, Grove Park, Leicester, LE19 1SD. The registered office is the address held on the public register, which is not always the trading address.
- When was Sanray Ltd founded?
- Sanray Ltd was incorporated on 6 April 2022, 3 years before the liquidator was appointed.
- What is Sanray Ltd's company number?
- Sanray Ltd's registered company number is 14029685.
- Who has significant control of Sanray Ltd?
- 1 active person with significant control over Sanray Ltd is on the register: Mr Sanjay Mulubhai Karavadra.
- Does Sanray Ltd have any outstanding charges?
- 2 outstanding charges are registered against Sanray Ltd out of 5 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Sanray Ltd?
- 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 Sanray Ltd'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.
Report an error on this page·Not financial, credit or legal advice.