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Smarter Property Services Limited Is Smarter Property Services Limited in receivership?
Last verified 24 May 2026
Yes, A receiver was appointed over Smarter Property Services Limited (company number 05053758) on 7 March 2007.
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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
Administration
19 February 2007
Receivership
7 March 2007
Company at a glance
| Status | In Receivership |
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| Company number | 05053758 |
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| Previously known as | - Smarter Properties Limited, Feb 2004 to May 2004
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| Incorporated | 24 February 2004 (22 years old) |
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| Registered office | 1st Floor Turnpike Gate House, Birmingham Road, Alcester Warwickshire, B49 5JG |
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| Date receiver appointed | 7 March 2007 |
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| Statement of Affairs | Filed 16 May 2007, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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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.
DirectorStatusAppointedResigned
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
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 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 Certificate of change of name5 May 2004CERTNM 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.
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Related guides
The bigger picture
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.
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