HomeCompanies in LiquidationSouthdale Limited

Is Southdale Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Southdale Limited (company number 03618913) entered creditors' voluntary liquidation on 30 July 2015, by its creditors. Joanne Louise Hammond of null was appointed as liquidator.

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Southdale 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.

How the case progressed

  1. Administration
    29 April 2015
  2. Creditors' voluntary liquidation
    30 July 2015

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number03618913
Previously known as
  • Southdale Homes Limited, Aug 1998 to Nov 2009
Incorporated20 August 1998 (28 years old)
Registered officeSuite 500 Unit 2 94a Wycliffe Road, Northampton, NN1 5JF
Nature of business (SIC)41100: Development of building projects (Construction)
Date entered creditors' voluntary liquidation30 July 2015
LiquidatorJoanne Louise Hammond, null (licensed insolvency practitioner)
Statement of AffairsFiled 1 June 2015, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Southdale Limited is a construction business based in Northampton, incorporated in 1998 and 17 years old when the liquidator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 15 director appointments since incorporation, of which 9 were on the board when the liquidator was appointed. 65 charges have been registered against the company, 1 of which is still outstanding.

Directors

15 people have been appointed as directors of Southdale Limited.

DirectorStatusResigned
Christopher HarrisActive
John Joseph O HaraActive
Paul Roger MooreActive
Declan Francis McHughActive
Guy Richard PearsonActive
Guy Richard PearsonActive
Trudie McCormickActive
Stuart Brian AllisonActive
Richard GreenwoodActive
6 former directors · resigned 1998 to 2012
Paul David OldridgeResigned20 Jan 2012
Sharon Moya JonesResigned29 Aug 2008
Sharon Moya JonesResigned18 Apr 2005
Christopher HarrisResigned25 Jan 2005
York Place Company Nominees Limited+ 284 othersResigned20 Aug 1998
York Place Company Secretaries Limited+ 277 othersResigned20 Aug 1998

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. 1 outstanding · 64 satisfied.

Status · Creditor · Type · Dates
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 25 Nov 2013 · Satisfied 21 Jul 2014
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 23 Aug 2013 · Satisfied 21 Jul 2014
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 23 Aug 2013 · Satisfied 21 Jul 2014
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 23 Jul 2013 · Satisfied 21 Jul 2014
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 23 Jul 2013 · Satisfied 21 Jul 2014
59 earlier charges · 1999 to 2013
SatisfiedTechnical & General Guarantee Company Sa
A registered charge · Created 23 Jul 2013 · Satisfied 21 Jul 2014
OutstandingSantander UK PLC
Debenture · Created 13 Apr 2012 · Pending
SatisfiedBarclays Bank PLC
Legal charge · Created 26 Jun 2009 · Satisfied 31 Mar 2012
SatisfiedBarclays Bank PLC
Legal charge · Created 10 Oct 2008 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 11 Apr 2008 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 18 Jan 2008 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 31 Aug 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 7 Aug 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 7 Jun 2007 · Satisfied 31 Mar 2012
SatisfiedBarclays Bank PLC
Legal charge · Created 29 Mar 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 20 Mar 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 27 Feb 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Legal charge · Created 2 Feb 2007 · Satisfied 12 Jul 2011
SatisfiedBarclays Bank PLC
Debenture · Created 25 Jan 2007 · Satisfied 31 Mar 2012
SatisfiedBarclays Bank PLC
Legal charge · Created 25 Jan 2007 · Satisfied 31 Mar 2012
SatisfiedNational Westminster Bank PLC
Legal charge · Created 22 Aug 2006 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 2 Dec 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Charge of agreement for lease · Created 2 Dec 2005 · Satisfied 12 Jul 2011
SatisfiedDavenham Trust PLC
Legal charge · Created 16 Sep 2005 · Satisfied 12 Jul 2011
SatisfiedDavenham Trust PLC
Legal charge · Created 16 Sep 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 12 Sep 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 31 Aug 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 16 Mar 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 5 Mar 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 25 Feb 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 18 Feb 2005 · Satisfied 12 Jul 2011
SatisfiedDavenham Trust PLC
Legal charge · Created 28 Jan 2005 · Satisfied 12 Jul 2011
SatisfiedDavenham Trust PLC
Legal charge · Created 28 Jan 2005 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 15 Dec 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 15 Dec 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 14 Dec 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 14 Dec 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 14 Dec 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 30 Sep 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 28 May 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 30 Apr 2004 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 17 Oct 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 18 Jul 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 7 May 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 4 Apr 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 28 Feb 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 27 Feb 2003 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 8 Jul 2002 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 22 Apr 2002 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 22 Apr 2002 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 13 Feb 2002 · Satisfied 12 Jul 2011
SatisfiedDavenham Trust PLC
Legal charge · Created 4 Feb 2002 · Satisfied 17 Apr 2002
SatisfiedNational Westminster Bank PLC
Legal charge · Created 14 Sep 2001 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Charge and assignment · Created 5 Apr 2001 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal charge · Created 23 Jan 2001 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 22 Jan 2001 · Satisfied 6 Mar 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 4 Dec 2000 · Satisfied 19 Mar 2003
SatisfiedNational Westminster Bank PLC
Legal charge · Created 8 Nov 2000 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 1 Aug 2000 · Satisfied 6 Mar 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 1 Aug 2000 · Satisfied 6 Mar 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 14 Mar 2000 · Satisfied 6 Mar 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 1 Feb 2000 · Satisfied 6 Mar 2002
SatisfiedNational Westminster Bank PLC
Mortgage debenture · Created 3 Sep 1999 · Satisfied 12 Jul 2011
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 23 Jul 1999 · Satisfied 6 Mar 2002
SatisfiedFred Smithies, Roy Smithies
Legal charge · Created 23 Jul 1999 · Satisfied 19 Feb 2000

What happened

EventDateType
Liquidators' statement of receipts and payments30 September 2025LIQ03
Liquidators' statement of receipts and payments1 October 2024LIQ03
Registered office address changed18 July 2024AD01
Registered office address changed27 June 2024AD01
Liquidators' statement of receipts and payments7 October 2023LIQ03
267 earlier events · 1998 to 2022
Appointment of a voluntary liquidator20 December 2022600
Removal of liquidator by court order12 December 2022LIQ10
Liquidators' statement of receipts and payments3 October 2022LIQ03
Liquidators' statement of receipts and payments4 October 2021LIQ03
Liquidators' statement of receipts and payments12 October 2020LIQ03
Liquidators' statement of receipts and payments28 November 2019LIQ03
Liquidators' statement of receipts and payments2 October 2019LIQ03
Registered office address changed1 November 2018AD01
Liquidators' statement of receipts and payments29 September 2017LIQ03
Appointment of a voluntary liquidator24 May 2017600
Removal of liquidator by court order19 May 2017LIQ10
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Notice to Registrar of Companies of Notice of disclaimer3 February 2017F10.2
Liquidators' statement of receipts and payments7 October 20164.68
Registered office address changed11 September 2015AD01
Insolvency filing21 August 2015LIQ MISC
Notice of move from Administration case to Creditors Voluntary Liquidation30 July 20152.34B
Result of meeting of creditors1 July 20152.23B
Statement of administrator's proposal2 June 20152.17B
Statement of affairs1 June 20152.16B
Registered office address changed12 May 2015AD01
Appointment of an administrator12 May 20152.12B
AdministrationStatus29 April 2015
Previous accounting period extended25 March 2015AA01
Director's details changed5 March 2015CH01
Annual return made up with full list of shareholders15 August 2014AR01
Satisfaction of charge in full21 July 2014MR04
Satisfaction of charge in full21 July 2014MR04
Satisfaction of charge in full21 July 2014MR04
Satisfaction of charge in full21 July 2014MR04
Satisfaction of charge in full21 July 2014MR04
Satisfaction of charge in full21 July 2014MR04
Full accounts made up4 April 2014AA
Director's details changed28 March 2014CH01
Registration of charge29 November 2013MR01
Annual return made up with full list of shareholders16 September 2013AR01
Registration of charge27 August 2013MR01
Registration of charge27 August 2013MR01
Registration of charge31 July 2013MR01
Registration of charge31 July 2013MR01
Registration of charge31 July 2013MR01
Full accounts made up8 April 2013AA
Annual return made up with full list of shareholders20 September 2012AR01
Legacy18 April 2012MG01
Legacy10 April 2012MG02
Legacy10 April 2012MG02
Legacy10 April 2012MG02
Legacy10 April 2012MG02
Full accounts made up2 April 2012AA
Termination of appointment as a director31 January 2012TM01
Annual return made up with full list of shareholders30 August 2011AR01
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Legacy15 July 2011MG02
Full accounts made up16 December 2010AA
Annual return made up with full list of shareholders9 August 2010AR01
Director's details changed6 August 2010CH01
Director's details changed6 August 2010CH01
Director's details changed2 August 2010CH01
Director's details changed15 March 2010CH01
Full accounts made up3 March 2010AA
Certificate of change of name25 November 2009CERTNM
Change of name notice25 November 2009CONNOT
Change of name notice21 November 2009CONNOT
Resolutions5 November 2009RESOLUTIONS
Legacy18 August 2009363a
Legacy18 August 2009287
Legacy30 June 2009395
Full accounts made up30 April 2009AA
Legacy4 November 2008288a
Legacy4 November 2008288c
Legacy4 November 2008288a
Legacy4 November 2008288a
Legacy4 November 2008288c
Legacy15 October 2008395
Legacy2 September 2008288b
Legacy13 August 2008363a
Resolutions18 April 2008RESOLUTIONS
Memorandum and Articles of Association18 April 2008MEM/ARTS
Legacy15 April 2008395
Legacy11 March 2008288c
Legacy23 January 2008395
Amended full accounts made up15 January 2008AAMD
Full accounts made up11 January 2008AA
Legacy11 September 2007288c
Legacy7 September 2007395
Legacy28 August 2007363a
Legacy9 August 2007395
Legacy8 June 2007395
Legacy4 April 2007288c
Legacy3 April 2007395
Legacy21 March 2007395
Legacy1 March 2007395
Legacy6 February 2007395
Legacy30 January 2007395
Legacy30 January 2007395
Full accounts made up12 December 2006AA
Legacy5 September 2006363a
Legacy24 August 2006395
Full accounts made up4 May 2006AA
Legacy6 January 200688(2)R
Legacy23 December 2005123
Legacy16 December 2005288a
Legacy7 December 2005395
Legacy7 December 2005395
Legacy23 September 2005395
Legacy23 September 2005395
Legacy13 September 2005395
Legacy1 September 2005395
Legacy31 August 2005363a
Legacy17 May 2005288b
Legacy9 May 2005288a
Legacy9 May 2005288a
Legacy17 March 2005395
Legacy8 March 2005395
Legacy2 March 2005288b
Legacy2 March 2005288a
Legacy1 March 2005395
Full accounts made up28 February 2005AA
Legacy19 February 2005395
Legacy29 January 2005395
Legacy29 January 2005395
Legacy4 January 2005395
Legacy4 January 2005288c
Legacy24 December 2004395
Legacy24 December 2004395
Legacy24 December 2004395
Legacy24 December 2004395
Legacy2 October 2004395
Legacy1 September 2004363s
Legacy8 June 2004395
Legacy15 May 2004395
Resolutions11 March 2004RESOLUTIONS
Legacy11 March 2004123
Legacy2 March 2004288a
Full accounts made up27 January 2004AA
Legacy28 October 2003395
Legacy1 October 2003363s
Resolutions3 September 2003RESOLUTIONS
Legacy23 July 2003395
Resolutions15 July 2003RESOLUTIONS
Memorandum and Articles of Association15 July 2003MEM/ARTS
Resolutions15 July 2003RESOLUTIONS
Legacy15 July 2003363s
Full accounts made up20 May 2003AA
Legacy17 May 2003395
Legacy12 April 2003395
Legacy19 March 2003403a
Legacy7 March 2003395
Legacy5 March 2003395
Legacy12 November 200288(2)R
Resolutions12 November 2002RESOLUTIONS
Legacy12 November 2002123
Legacy27 October 200288(3)
Legacy27 October 200288(2)R
Legacy18 July 2002395
Legacy10 May 2002395
Legacy9 May 2002395
Full accounts made up26 April 2002AA
Legacy17 April 2002403a
Legacy6 March 2002403a
Legacy6 March 2002403a
Legacy6 March 2002403a
Legacy6 March 2002403a
Legacy6 March 2002403a
Legacy6 March 2002403a
Legacy19 February 2002395
Legacy27 September 2001395
Legacy6 September 2001363s
Full accounts made up3 July 2001AA
Legacy14 April 2001395
Legacy16 March 2001225
Legacy9 March 2001123
Resolutions9 March 2001RESOLUTIONS
Legacy30 January 2001395
Legacy25 January 2001395
Legacy19 December 2000395
Legacy10 November 2000395
Accounts for a small company made up23 August 2000AA
Legacy23 August 2000363s
Legacy9 August 2000395
Legacy5 August 2000395
Legacy6 June 2000287
Legacy15 March 2000395
Legacy19 February 2000403a
Legacy14 February 2000395
Legacy16 December 1999288a
Legacy16 December 1999288a
Legacy15 September 1999395
Legacy3 September 1999363s
Legacy11 August 1999395
Legacy30 July 1999395
Legacy12 October 1998288a
Legacy12 October 1998288a
Legacy12 October 1998288b
Legacy12 October 1998288b
Legacy12 October 1998287
Incorporation20 August 1998NEWINC

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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The bigger picture

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Frequently asked questions

Is Southdale Limited in creditors' voluntary liquidation?
Yes. Southdale Limited (company number 03618913) entered creditors' voluntary liquidation on 30 July 2015, by its creditors. Joanne Louise Hammond of null was appointed as liquidator.
Who is the liquidator of Southdale Limited?
Joanne Louise Hammond, a licensed insolvency practitioner at null, was appointed liquidator of Southdale Limited on 30 July 2015. Creditors can contact the liquidator directly to submit a claim.
What does Southdale Limited do?
Southdale Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
Where is Southdale Limited based?
Southdale Limited's registered office is Suite 500 Unit 2 94a Wycliffe Road, Northampton, NN1 5JF. The registered office is the address held on the public register, which is not always the trading address.
When was Southdale Limited founded?
Southdale Limited was incorporated on 20 August 1998, 17 years before the liquidator was appointed.
What is Southdale Limited's company number?
Southdale Limited's registered company number is 03618913.
Does Southdale Limited have any outstanding charges?
an outstanding charge is registered against Southdale Limited out of 65 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Southdale 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 Southdale 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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