HomeCompanies in ReceivershipSmarter Property Services Limited

Is Smarter Property Services Limited in receivership?

Last verified 24 May 2026
In ReceivershipYes, A receiver was appointed over Smarter Property Services Limited (company number 05053758) on 7 March 2007.

Do you deal with companies like Smarter Property Services Limited? Add up to 5 companies free. We'll email you the day one enters administration.

Free, no card. We'll send a one-click sign-in link, no password to remember.

Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →

Smarter Property Services Limited is now under the control of a receiver appointed by a secured creditor. Below are the key dates, the directors, the public-record timeline that led here, and what receivership means if you are a creditor, employee or counterparty.

How the case progressed

  1. Administration
    19 February 2007
  2. Receivership
    7 March 2007

Company at a glance

StatusIn Receivership
Company number05053758
Previously known as
  • Smarter Properties Limited, Feb 2004 to May 2004
Incorporated24 February 2004 (22 years old)
Registered office1st Floor Turnpike Gate House, Birmingham Road, Alcester Warwickshire, B49 5JG
Date receiver appointed7 March 2007
Statement of AffairsFiled 16 May 2007, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Smarter Property Services Limited is a UK limited company based in Alcester Warwickshire, incorporated in 2004 and 3 years old when the receiver was appointed. There have been 8 director appointments since incorporation, of which 3 were on the board when the receiver was appointed. 4 charges have been registered against the company, 4 of which are still outstanding.

Directors

8 people have been appointed as directors of Smarter Property Services Limited.

DirectorStatusResigned
Judith BrowneActive
John Mark PolackActive
Judy BrowneActive
Mark PolackResigned18 Jan 2007
Mark PolackResigned13 Oct 2006
Judith BrownResigned13 Oct 2006
Exchequer Directors Limited+ 16 othersResigned24 Feb 2004
Exchequer Secretaries Limited+ 16 othersResigned24 Feb 2004

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

Charges register

Secured creditors and encumbrances against the company. 4 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingPatrick Gerald Kelly
Legal mortgage · Created 19 Jul 2006 · Pending
OutstandingGoldentree Financial Services PLC, Goldentree Financial Services PLC
Legal mortgage · Created 18 Jul 2006 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 9 Sep 2004 · Pending
OutstandingHsbc Bank PLC
Debenture · Created 27 Aug 2004 · Pending

What happened

EventDateType
Notice of automatic end of Administration30 August 20082.30B
Notice of extension of period of Administration29 February 20082.31B
Administrator's progress report29 February 20082.24B
Notice of extension of period of Administration13 February 20082.31B
Legacy24 October 2007405(1)
32 earlier events · 2004 to 2007
Administrator's progress report24 September 20072.24B
Result of meeting of creditors29 May 20072.23B
Statement of affairs16 May 20072.16B
Statement of administrator's proposal23 April 20072.17B
Legacy15 March 2007287
Appointment of an administrator7 March 20072.12B
AdministrationStatus19 February 2007
Legacy26 January 2007288a
Legacy26 January 2007288b
Legacy26 January 2007288b
Legacy26 January 2007288a
Legacy24 October 2006288b
Legacy24 October 2006288a
Legacy24 October 2006288a
Legacy24 October 2006288b
Legacy9 August 2006287
Legacy26 July 2006395
Legacy21 July 2006395
Legacy29 June 2006363a
Total exemption small company accounts made up3 March 2006AA
Legacy16 February 2006287
Legacy1 November 2005363s
First Gazette notice for compulsory strike-off27 September 2005GAZ1
Legacy18 September 2004395
Legacy28 August 2004395
Certificate of change of name5 May 2004CERTNM
Legacy13 April 2004288a
Legacy13 April 2004287
Legacy13 April 2004288a
Legacy13 April 200488(2)R
Legacy3 March 2004288b
Legacy3 March 2004288b
Incorporation24 February 2004NEWINC

What this means for you

If you are the appointing creditor

The receiver acts to realise the assets covered by your charge and remits net proceeds to you after deduction of receivership costs and any prior-ranking claims.

If you are an unsecured creditor

Receivership protects the secured creditor, not unsecured creditors. Where receivership proceeds are insufficient to clear company liabilities, the company may proceed to administration or liquidation, in which unsecured creditors rank last.

The order debts are paid

If you are an employee

Receivership does not automatically end employment, but the receiver may make redundancies as part of realising the charged assets. Preferential employee claims and Redundancy Payments Service entitlements apply.

Employee rights and redundancy pay

If you are a counterparty

Contracts continue until the receiver acts. The receiver can adopt, assign or disclaim them as part of realising the secured assets. Pre-receivership debts are an unsecured claim against the company.

Don't be the last to know next time

Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.

See how Protect works, £24/mo →

Other companies in receivership

All UK companies in receivership

Related guides

Owed money by an insolvent companyWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Smarter Property Services Limited in receivership?
Yes. A receiver was appointed over Smarter Property Services Limited (company number 05053758) on 7 March 2007.
Where is Smarter Property Services Limited based?
Smarter Property Services Limited's registered office is 1st Floor Turnpike Gate House, Birmingham Road, Alcester Warwickshire, B49 5JG. The registered office is the address held on the public register, which is not always the trading address.
When was Smarter Property Services Limited founded?
Smarter Property Services Limited was incorporated on 24 February 2004, 3 years before the receiver was appointed.
What is Smarter Property Services Limited's company number?
Smarter Property Services Limited's registered company number is 05053758.
Does Smarter Property Services Limited have any outstanding charges?
4 outstanding charges are registered against Smarter Property Services Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does receivership mean for creditors of Smarter Property Services Limited?
Receivership is a remedy for a secured creditor. The receiver realises the assets covered by the charge and remits proceeds to the appointing creditor. Unsecured creditors are not protected by the process and have no direct claim on the receivership realisations.
Who appointed the receiver of Smarter Property Services Limited?
A receiver is appointed by a secured creditor under powers in the underlying charge document, typically a fixed charge over specific assets. The identity of the appointing creditor is recorded on the charge against the company.
Does receivership lead to liquidation?
It can. Once the receiver has realised the charged assets and settled the appointing creditor, the receivership ends. If the company has further liabilities it cannot meet, it may then proceed to administration or liquidation.

Report an error on this page·Not financial, credit or legal advice.