Is Shetland Line Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Shetland Line Limited (company number 01203943) entered compulsory liquidation on 10 April 1986, by order of the court.
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Shetland Line 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 | 01203943 |
|---|
| Incorporated | 17 March 1975 (51 years old) |
|---|
| Registered office | Harwood House, Park Road, Melton Mowbray, Leicestershire, LE13 1TT |
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| Date entered compulsory liquidation | 10 April 1986 |
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| Public register | View filing history ↗ |
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About the business
Shetland Line Limited is a UK limited company based in Melton Mowbray, incorporated in 1975 and 11 years old when the liquidator was appointed. 13 charges have been registered against the company, 13 of which are still outstanding.
Directors
0 people have been appointed as directors of Shetland Line Limited.
DirectorStatusAppointedResigned
Charges register
Secured creditors and encumbrances against the company. 13 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingLloyds Bank PLC
Letter of set off. · Created 28 Jul 1981 · Pending
OutstandingLloyds Bank PLC
Debenture · Created 11 Mar 1981 · Pending
OutstandingLloyds Bank PLC
Letter of set off · Created 27 Feb 1981 · Pending
OutstandingLloyds Bank PLC
Letter of set-off. · Created 21 Nov 1980 · Pending
OutstandingLloyds Bank PLC
Letter of set-off · Created 14 May 1980 · Pending
+7 earlier charges · 1977 to 1979
OutstandingLloyds Bank PLC
Letter of set-off · Created 27 Sep 1979 · Pending
OutstandingLloyds Bank PLC
Letter of set off · Created 4 Sep 1979 · Pending
OutstandingLloyds Bank PLC
Letter of set off · Created 10 Apr 1979 · Pending
OutstandingSinger & Friedlander Limited
Debenture · Created 7 Mar 1979 · Pending
OutstandingLloyds Bank PLC
Omnibus letter of set off · Created 23 Jun 1978 · Pending
OutstandingLloyds Bank PLC
Omnibus letter of set off. · Created 6 Feb 1978 · Pending
OutstandingLloyds Bank PLC
Letter of set off · Created 11 Oct 1977 · Pending
OutstandingLloyds Bank PLC
Single debenture · Created 26 May 1976 · Pending
What happened
EventDateType
Legacy22 November 1987SC71
A selection of documents registered before 1 January 19871 January 1987PRE87
Legacy20 May 1986SC71
Compulsory liquidationStatus10 April 1986
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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Shetland Line Limited in compulsory liquidation?
- Yes. Shetland Line Limited (company number 01203943) entered compulsory liquidation on 10 April 1986, by order of the court.
- Where is Shetland Line Limited based?
- Shetland Line Limited's registered office is Harwood House, Park Road, Melton Mowbray, Leicestershire, LE13 1TT. The registered office is the address held on the public register, which is not always the trading address.
- When was Shetland Line Limited founded?
- Shetland Line Limited was incorporated on 17 March 1975, 11 years before the liquidator was appointed.
- What is Shetland Line Limited's company number?
- Shetland Line Limited's registered company number is 01203943.
- Does Shetland Line Limited have any outstanding charges?
- 13 outstanding charges are registered against Shetland Line Limited out of 13 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Shetland Line 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 Shetland Line 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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