HomeCompanies in LiquidationSaxen Security Ltd.

Is Saxen Security Ltd. in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Saxen Security Ltd. (company number SC425432) entered compulsory liquidation on 24 July 2025, by order of the court. Steven Wiseglass of null was appointed as liquidator.

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Saxen Security Ltd. 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

StatusIn Compulsory Liquidation
Company numberSC425432
Incorporated1 June 2012 (14 years old)
Registered office1 Union Street, Saltcoats, KA21 5LL
Nature of business (SIC)43210: Electrical installation (Construction)
Date entered compulsory liquidation24 July 2025
LiquidatorSteven Wiseglass, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Saxen Security Ltd. is a construction business based in Saltcoats, incorporated in 2012 and 13 years old when the liquidator was appointed. Its registered activity is electrical installation (SIC 43210). There have been 6 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, 2 of which are still outstanding.

Directors

6 people have been appointed as directors of Saxen Security Ltd..

DirectorStatusResigned
John William BarclayActive
Craig MuldoonResigned17 Feb 2021
Gareth Mervyn GillespieResigned4 Jun 2019
Shirley Janet WallaceResigned31 Mar 2018
Brian Reid Ltd.Resigned1 Jun 2012
Stephen George Mabbott+ 119 othersResigned1 Jun 2012

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 Gareth Mervyn Gillespie · ceased 2 Jun 2019

Charges register

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

Status · Creditor · Type · Dates
OutstandingClydesdale Bank PLC (Trading Both as Clydesdale Bank & Yorkshire Bank
A registered charge · Created 3 Mar 2021 · Pending
OutstandingClydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge · Created 19 Feb 2021 · Pending

What happened

EventDateType
Registered office address changed31 July 2025AD01
Court order in a winding-up (& Court Order attachment)31 July 2025WU01(Scot)
Court order in a winding-up (& Court Order attachment)31 July 2025WU01(Scot)
Compulsory liquidationStatus24 July 2025
Confirmation statement made with no updates3 July 2025CS01
46 earlier events · 2012 to 2025
Total exemption full accounts made up24 March 2025AA
Confirmation statement made with no updates11 July 2024CS01
Total exemption full accounts made up27 March 2024AA
Confirmation statement made with no updates22 June 2023CS01
Total exemption full accounts made up31 March 2023AA
Confirmation statement made with no updates6 June 2022CS01
Total exemption full accounts made up31 March 2022AA
Confirmation statement made with no updates14 June 2021CS01
Total exemption full accounts made up31 March 2021AA
Registration of charge , created4 March 2021MR01
Registration of charge , created24 February 2021MR01
Termination of appointment as a director18 February 2021TM01
Notification as a person with significant control24 September 2020PSC01
Cessation as a person with significant control24 September 2020PSC07
Registered office address changed24 September 2020AD01
Confirmation statement made with updates1 June 2020CS01
Total exemption full accounts made up20 December 2019AA
Termination of appointment as a director9 December 2019TM01
Confirmation statement made with no updates3 June 2019CS01
Total exemption full accounts made up20 December 2018AA
Compulsory strike-off action has been discontinued22 August 2018DISS40
First Gazette notice for compulsory strike-off21 August 2018GAZ1
Confirmation statement made with updates20 August 2018CS01
Appointment as a director20 August 2018AP01
Termination of appointment as a director20 August 2018TM01
Total exemption full accounts made up30 December 2017AA
Confirmation statement made with updates22 June 2017CS01
Total exemption small company accounts made up14 December 2016AA
Director's details changed16 November 2016CH01
Director's details changed16 November 2016CH01
Compulsory strike-off action has been discontinued14 September 2016DISS40
Annual return made up with full list of shareholders13 September 2016AR01
First Gazette notice for compulsory strike-off6 September 2016GAZ1
Total exemption small company accounts made up2 November 2015AA
Appointment as a director3 July 2015AP01
Annual return made up with full list of shareholders11 June 2015AR01
Total exemption small company accounts made up8 December 2014AA
Appointment as a director22 August 2014AP01
Annual return made up with full list of shareholders13 June 2014AR01
Annual return made up with full list of shareholders5 June 2013AR01
Accounts for a dormant company made up3 June 2013AA
Previous accounting period shortened23 May 2013AA01
Statement of capital following an allotment of shares12 June 2012SH01
Appointment as a director12 June 2012AP01
Termination of appointment as a secretary11 June 2012TM02
Termination of appointment as a director11 June 2012TM01
Incorporation1 June 2012NEWINC

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 construction companies in compulsory liquidation

All UK companies in compulsory liquidation

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 Saxen Security Ltd. in compulsory liquidation?
Yes. Saxen Security Ltd. (company number SC425432) entered compulsory liquidation on 24 July 2025, by order of the court. Steven Wiseglass of null was appointed as liquidator.
Who is the liquidator of Saxen Security Ltd.?
Steven Wiseglass, a licensed insolvency practitioner at null, was appointed liquidator of Saxen Security Ltd. on 24 July 2025. Creditors can contact the liquidator directly to submit a claim.
What does Saxen Security Ltd. do?
Saxen Security Ltd.'s registered nature of business is electrical installation (SIC 43210). It is classified in the construction sector.
Where is Saxen Security Ltd. based?
Saxen Security Ltd.'s registered office is 1 Union Street, Saltcoats, KA21 5LL. The registered office is the address held on the public register, which is not always the trading address.
When was Saxen Security Ltd. founded?
Saxen Security Ltd. was incorporated on 1 June 2012, 13 years before the liquidator was appointed.
What is Saxen Security Ltd.'s company number?
Saxen Security Ltd.'s registered company number is SC425432.
Who has significant control of Saxen Security Ltd.?
1 active person with significant control over Saxen Security Ltd. is on the register: Mr John William Barclay.
Does Saxen Security Ltd. have any outstanding charges?
2 outstanding charges are registered against Saxen Security Ltd. out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Saxen Security 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 Saxen Security 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.

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