HomeCompanies in LiquidationSiteseal (Thorne) Limited

Is Siteseal (Thorne) Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Siteseal (Thorne) Limited (company number 12342503) entered creditors' voluntary liquidation on 15 January 2025, by its creditors. Ian Douglas Yerrill of null was appointed as liquidator.

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Siteseal (Thorne) 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 number12342503
Incorporated2 December 2019 (7 years old)
Registered officeOffice 3 Romney Marsh Business Hub, Mountfield Road, New Romney, Kent, TN28 8LH
Nature of business (SIC)41100: Development of building projects (Construction)
Date entered creditors' voluntary liquidation15 January 2025
LiquidatorIan Douglas Yerrill, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Siteseal (Thorne) Limited is a construction business based in New Romney, incorporated in 2019 and 6 years old when the liquidator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 3 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

3 people have been appointed as directors of Siteseal (Thorne) Limited.

DirectorStatusResigned
Adam William SlaterActive
Andrew Matthew GeorgiouResigned31 Mar 2021
Bradley SmithResigned13 Jul 2020

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.

2 ceased controls
  • Bradley Smith · ceased 17 Jul 2020
  • Mr Andrew Matthew Georgiou · ceased 31 Mar 2021

Charges register

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

Status · Creditor · Type · Dates
SatisfiedCharter Court Financial Services Limited T/a Precise Mortgages
A registered charge · Created 2 May 2023 · Satisfied 30 Sep 2024
SatisfiedHunter Finance (UK) Limited
A registered charge · Created 6 Jul 2021 · Satisfied 30 Sep 2024

What happened

EventDateType
Liquidators' statement of receipts and payments17 February 2026LIQ03
Statement of affairs17 January 2025LIQ02
Registered office address changed17 January 2025AD01
Appointment of a voluntary liquidator17 January 2025600
Resolutions17 January 2025RESOLUTIONS
23 earlier events · 2020 to 2025
Creditors' voluntary liquidationStatus15 January 2025
Satisfaction of charge in full30 September 2024MR04
Satisfaction of charge in full30 September 2024MR04
Confirmation statement made with updates16 April 2024CS01
Registration of charge , created2 May 2023MR01
Confirmation statement made with updates12 April 2023CS01
Total exemption full accounts made up23 March 2023AA
Total exemption full accounts made up20 May 2022AA
Confirmation statement made with updates12 April 2022CS01
Registration of charge , created7 July 2021MR01
Confirmation statement made with updates7 May 2021CS01
Total exemption full accounts made up5 May 2021AA
Cessation as a person with significant control12 April 2021PSC07
Change of details as a person with significant control12 April 2021PSC04
Termination of appointment as a director12 April 2021TM01
Confirmation statement made with updates10 February 2021CS01
Change of details as a person with significant control10 February 2021PSC04
Notification as a person with significant control10 February 2021PSC01
Appointment as a director9 February 2021AP01
Confirmation statement made with updates17 July 2020CS01
Change of details as a person with significant control17 July 2020PSC04
Cessation as a person with significant control17 July 2020PSC07
Termination of appointment as a director13 July 2020TM01
Incorporation2 December 2019NEWINC

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

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Siteseal (Thorne) Limited in creditors' voluntary liquidation?
Yes. Siteseal (Thorne) Limited (company number 12342503) entered creditors' voluntary liquidation on 15 January 2025, by its creditors. Ian Douglas Yerrill of null was appointed as liquidator.
Who is the liquidator of Siteseal (Thorne) Limited?
Ian Douglas Yerrill, a licensed insolvency practitioner at null, was appointed liquidator of Siteseal (Thorne) Limited on 15 January 2025. Creditors can contact the liquidator directly to submit a claim.
What does Siteseal (Thorne) Limited do?
Siteseal (Thorne) Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
Where is Siteseal (Thorne) Limited based?
Siteseal (Thorne) Limited's registered office is Office 3 Romney Marsh Business Hub, Mountfield Road, New Romney, Kent, TN28 8LH. The registered office is the address held on the public register, which is not always the trading address.
When was Siteseal (Thorne) Limited founded?
Siteseal (Thorne) Limited was incorporated on 2 December 2019, 6 years before the liquidator was appointed.
What is Siteseal (Thorne) Limited's company number?
Siteseal (Thorne) Limited's registered company number is 12342503.
Who has significant control of Siteseal (Thorne) Limited?
1 active person with significant control over Siteseal (Thorne) Limited is on the register: Adam William Slater.
What does liquidation mean for creditors of Siteseal (Thorne) 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 Siteseal (Thorne) 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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