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SPS Property Development Limited Is SPS Property Development Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, SPS Property Development Limited (company number 13303146) entered creditors' voluntary liquidation on 14 May 2024, by its creditors. Joe Whiley of null was appointed as liquidator.
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SPS Property Development 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 13303146 |
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| Incorporated | 30 March 2021 (5 years old) |
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| Registered office | COMPANY LIQUIDATIONS LIMITED, Saxon House Saxon Way, Cheltenham, GL52 6QX |
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| Nature of business (SIC) | 41100: Development of building projects (Construction) |
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| Date entered creditors' voluntary liquidation | 14 May 2024 |
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| Liquidator | Joe Whiley, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
SPS Property Development Limited is a construction business based in Cheltenham, incorporated in 2021 and 3 years old when the liquidator was appointed. Its registered activity is development of building projects (SIC 41100). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
1 person has been appointed as directors of SPS Property Development Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Stepan Sushelnytskyy
individual person with significant control · Ukrainian · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Liquidators' statement of receipts and payments to 2026-05-131 June 2026LIQ03
Liquidators' statement of receipts and payments3 June 2025LIQ03
Removal of liquidator by court order11 April 2025LIQ10
Statement of affairs7 April 2025LIQ02
Appointment of a voluntary liquidator1 April 2025600
+14 earlier events · 2022 to 2025
Statement of affairs1 April 2025LIQ02
Removal of liquidator by court order12 February 2025LIQ10
Appointment of a voluntary liquidator11 December 2024600
Appointment of a voluntary liquidator23 May 2024600
Statement of affairs23 May 2024LIQ02
Registered office address changed23 May 2024AD01 Creditors' voluntary liquidationStatus14 May 2024
Compulsory strike-off action has been suspended16 April 2024DISS16(SOAS) First Gazette notice for compulsory strike-off12 March 2024GAZ1 Confirmation statement made with no updates12 April 2023CS01 Micro company accounts made up12 December 2022AA Registered office address changed18 August 2022AD01 Confirmation statement made with no updates5 April 2022CS01 Incorporation30 March 2021NEWINC 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
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 construction companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is SPS Property Development Limited in creditors' voluntary liquidation?
- Yes. SPS Property Development Limited (company number 13303146) entered creditors' voluntary liquidation on 14 May 2024, by its creditors. Joe Whiley of null was appointed as liquidator.
- Who is the liquidator of SPS Property Development Limited?
- Joe Whiley, a licensed insolvency practitioner at null, was appointed liquidator of SPS Property Development Limited on 14 May 2024. Creditors can contact the liquidator directly to submit a claim.
- What does SPS Property Development Limited do?
- SPS Property Development Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
- Where is SPS Property Development Limited based?
- SPS Property Development Limited's registered office is COMPANY LIQUIDATIONS LIMITED, Saxon House Saxon Way, Cheltenham, GL52 6QX. The registered office is the address held on the public register, which is not always the trading address.
- When was SPS Property Development Limited founded?
- SPS Property Development Limited was incorporated on 30 March 2021, 3 years before the liquidator was appointed.
- What is SPS Property Development Limited's company number?
- SPS Property Development Limited's registered company number is 13303146.
- Who has significant control of SPS Property Development Limited?
- 1 active person with significant control over SPS Property Development Limited is on the register: Mr Stepan Sushelnytskyy.
- What does liquidation mean for creditors of SPS Property Development 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 SPS Property Development 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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