Is Steel Dynamics Ltd in creditors' voluntary liquidation?
Last verified 6 June 2026
Yes, Steel Dynamics Ltd (company number 07793125) entered creditors' voluntary liquidation on 6 May 2026, by its creditors. Philip Stephenson of Grant Thornton UK Advisory & Tax LLP was appointed as liquidator.
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Steel Dynamics Ltd 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
Administration
16 January 2025 · Grant Thornton UK LLP
Creditors' voluntary liquidation
6 May 2026 · Grant Thornton UK Advisory & Tax LLP
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 07793125 |
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| Incorporated | 30 September 2011 (15 years old) |
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| Registered office | C/O Grant Thornton Uk Advisory & Tax Llp 11th Floor Landmark St Peter's Square, Manchester, M1 4PB |
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| Nature of business (SIC) | 46720: Wholesale of metals and metal ores (Retail) |
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| Date entered creditors' voluntary liquidation | 6 May 2026 |
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| Liquidator | Philip Stephenson, Grant Thornton UK Advisory & Tax LLP (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 12 April 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Steel Dynamics Ltd is a retail business based in Manchester, incorporated in 2011 and 15 years old when the liquidator was appointed. Its registered activity is wholesale of metals and metal ores (SIC 46720). There have been 7 director appointments since incorporation, of which 5 were on the board when the liquidator was appointed, alongside 1 person with significant control. 7 charges have been registered against the company, 3 of which are still outstanding.
Directors
7 people have been appointed as directors of Steel Dynamics Ltd.
DirectorStatusAppointedResigned
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.
Steel Dynamics Group Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
1 ceased control
- Mr Ian Peter Griffiths · ceased 24 Jun 2021
Charges register
Secured creditors and encumbrances against the company. 3 outstanding · 4 satisfied.
Status · Creditor · Type · Dates
OutstandingClose Brothers Limited (The "Security Trustee")
A registered charge · Created 5 Jul 2024 · Pending
OutstandingClydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge · Created 30 Sep 2022 · Pending
SatisfiedChristopher Mark Joyce, Belinda Jane Joyce
A registered charge · Created 24 Jun 2021 · Satisfied 13 May 2024
OutstandingClose Brothers Limited (The “Security Trustee”)
A registered charge · Created 24 Jun 2021 · Pending
SatisfiedNpif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
A registered charge · Created 14 Feb 2018 · Satisfied 13 May 2024
SatisfiedParagon Bank Business Finance PLC
A registered charge · Created 18 May 2016 · Satisfied 15 May 2020
SatisfiedClydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
Debenture · Created 29 Nov 2012 · Satisfied 13 May 2024
What happened
EventDateType
Appointment of a voluntary liquidator20 June 2026600
Notice of move from Administration case to Creditors Voluntary Liquidation6 May 2026AM22 Statement of administrator's revised proposal6 February 2026AM09
Administrator's progress report3 February 2026AM10 Revision of administrator’s proposals16 January 2026AM08
+75 earlier events · 2012 to 2025
Notice of extension of period of Administration21 October 2025AM19
Administrator's progress report5 August 2025AM10 Registered office address changed from C/O Grant Thornton Uk Llp 11th Floor, Landmark St Peter`S Square 1 Oxford St Manchester M1 4PB to C/O Grant Thornton Uk Advisory & Tax Llp 11th Floor Landmark St Peter's Square 1 Oxford St Manchester M1 4PB on 2025-05-2121 May 2025AD01 Statement of affairs with form AM02SOA/AM02SOC12 April 2025AM02 Notice of deemed approval of proposals7 February 2025AM06
Statement of administrator's proposal20 January 2025AM03 Registered office address changed from Unit 8 Walker Industrial Park Guide Blackburn BB1 2QE United Kingdom to C/O Grant Thornton Uk Llp 11th Floor, Landmark St Peter`S Square 1 Oxford St Manchester M1 4PB on 2025-01-2020 January 2025AD01 Appointment of an administrator16 January 2025AM01 Confirmation statement made on 2024-09-30 with no updates2 October 2024CS01 Full accounts made up to 2023-12-3127 September 2024AA Registration of charge 077931250007, created on 2024-07-058 July 2024MR01 Satisfaction of charge 077931250005 in full13 May 2024MR04 Satisfaction of charge 077931250003 in full13 May 2024MR04 Satisfaction of charge 1 in full13 May 2024MR04 Termination of appointment of William John Morrissey as a director on 2023-12-222 January 2024TM01 Confirmation statement made on 2023-09-30 with no updates2 October 2023CS01 Full accounts made up to 2022-12-311 September 2023AA Change of details for Steel Dynamics Group Limited as a person with significant control on 2023-04-2420 June 2023PSC05 Registered office address changed from Unit 10/11 Walker Industrial Park Guide Blackburn BB1 2QE United Kingdom to Unit 8 Walker Industrial Park Guide Blackburn BB1 2QE on 2023-06-2020 June 2023AD01 Registration of charge 077931250006, created on 2022-09-303 October 2022MR01 Full accounts made up to 2021-12-3130 September 2022AA Confirmation statement made on 2022-09-30 with no updates30 September 2022CS01 Full accounts made up to 2020-12-318 October 2021AA Confirmation statement made on 2021-09-30 with updates30 September 2021CS01 Notification of Steel Dynamics Group Limited as a person with significant control on 2021-06-2428 September 2021PSC02 Cessation of Ian Peter Griffiths as a person with significant control on 2021-06-2428 September 2021PSC07 Registered office address changed from Unit 10/11 Walker Industrial Park Guide Blackburn United Kingdom BB1 2EQ United Kingdom to Unit 10/11 Walker Industrial Park Guide Blackburn BB1 2QE on 2021-09-2323 September 2021AD01 Appointment of Mr William John Morrissey as a director on 2021-08-0115 September 2021AP01 Appointment of Mr Darren Rose as a director on 2021-08-014 August 2021AP01 Registration of charge 077931250004, created on 2021-06-245 July 2021MR01 Registration of charge 077931250005, created on 2021-06-2430 June 2021MR01 Confirmation statement made on 2020-09-30 with no updates30 September 2020CS01 Termination of appointment of Andrew Berry as a director on 2020-09-077 September 2020TM01 Full accounts made up to 2019-12-3119 May 2020AA Satisfaction of charge 077931250002 in full15 May 2020MR04 Registered office address changed from Unit 10/11 Walker Industrial Estate Walker Road Blackburn BB1 2QE United Kingdom to Unit 10/11 Walker Industrial Park Guide Blackburn United Kingdom BB1 2EQ on 2020-05-1414 May 2020AD01 Confirmation statement made on 2019-09-30 with no updates30 September 2019CS01 Full accounts made up to 2018-12-3117 June 2019AA Appointment of Mr Ebrahim Yusuf Patel as a director on 2019-01-022 January 2019AP01 Confirmation statement made on 2018-09-30 with no updates1 October 2018CS01 Change of details for Mr Ian Peter Griffiths as a person with significant control on 2018-08-2825 September 2018PSC04 Director's details changed for Mr Ian Peter Griffiths on 2018-08-2811 September 2018CH01 Amended total exemption full accounts made up to 2017-12-316 August 2018AAMD Total exemption full accounts made up to 2017-12-3118 July 2018AA Registration of charge 077931250003, created on 2018-02-1415 February 2018MR01 Change of details for Mr Ian Peter Griffiths as a person with significant control on 2018-01-2230 January 2018PSC04 Registered office address changed from Unit 16 Bradley Fold Trading Estate Radcliffe Bolton Lancashire BL2 6RT to Unit 10/11 Walker Industrial Estate Walker Road Blackburn BB1 2QE on 2018-01-3030 January 2018AD01 Change of details for Mr Ian Peter Griffiths as a person with significant control on 2016-04-0610 October 2017PSC04 Director's details changed for Mr Daniel Mckinley on 2017-05-189 October 2017CH01 Director's details changed for Mr Ian Peter Griffiths on 2015-11-169 October 2017CH01 Appointment of Mr Andrew Berry as a director on 2017-10-029 October 2017AP01 Change of details for Mr Ian Peter Griffiths as a person with significant control on 2017-01-259 October 2017PSC04 Confirmation statement made on 2017-09-30 with updates9 October 2017CS01 Total exemption full accounts made up to 2016-12-318 May 2017AA Confirmation statement made on 2016-09-30 with updates6 October 2016CS01 Total exemption small company accounts made up to 2015-12-318 August 2016AA Registration of charge 077931250002, created on 2016-05-187 June 2016MR01 Annual return made up to 2015-09-30 with full list of shareholders26 October 2015AR01 Total exemption small company accounts made up to 2014-12-315 October 2015AA Annual return made up to 2014-09-30 with full list of shareholders30 October 2014AR01 Total exemption small company accounts made up to 2013-12-318 August 2014AA Annual return made up to 2013-09-30 with full list of shareholders6 November 2013AR01 Accounts for a dormant company made up to 2012-08-3120 June 2013AA Previous accounting period shortened from 2012-09-30 to 2012-08-3120 June 2013AA01 Current accounting period extended from 2013-08-31 to 2013-12-3120 June 2013AA01 Appointment of Ian Peter Griffiths as a director4 February 2013AP01 Legacy30 November 2012MG01 Statement of capital following an allotment of shares on 2012-10-305 November 2012SH01 Annual return made up to 2012-09-30 with full list of shareholders1 November 2012AR01 Registered office address changed from 40 Leigh Park Hapton Burnley Lancashire BB11 5PD England on 2012-08-1010 August 2012AD01 Appointment of Robert Pattenden as a director16 July 2012AP01 Statement of capital following an allotment of shares on 2012-04-0424 April 2012SH01 Memorandum and Articles of Association18 January 2012MEM/ARTS
Incorporation30 September 2011NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Grant Thornton UK Advisory & Tax LLP). 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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See how Protect works, £24/mo →Other retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Steel Dynamics Ltd in creditors' voluntary liquidation?
- Yes. Steel Dynamics Ltd (company number 07793125) entered creditors' voluntary liquidation on 6 May 2026, by its creditors. Philip Stephenson of Grant Thornton UK Advisory & Tax LLP was appointed as liquidator.
- Who is the liquidator of Steel Dynamics Ltd?
- Philip Stephenson, a licensed insolvency practitioner at Grant Thornton UK Advisory & Tax LLP, was appointed liquidator of Steel Dynamics Ltd on 6 May 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Steel Dynamics Ltd do?
- Steel Dynamics Ltd's registered nature of business is wholesale of metals and metal ores (SIC 46720). It is classified in the retail sector.
- Where is Steel Dynamics Ltd based?
- Steel Dynamics Ltd's registered office is C/O Grant Thornton Uk Advisory & Tax Llp 11th Floor Landmark St Peter's Square, Manchester, M1 4PB. The registered office is the address held on the public register, which is not always the trading address.
- When was Steel Dynamics Ltd founded?
- Steel Dynamics Ltd was incorporated on 30 September 2011, 15 years before the liquidator was appointed.
- What is Steel Dynamics Ltd's company number?
- Steel Dynamics Ltd's registered company number is 07793125.
- Who has significant control of Steel Dynamics Ltd?
- 1 active person with significant control over Steel Dynamics Ltd is on the register: Steel Dynamics Group Limited.
- Does Steel Dynamics Ltd have any outstanding charges?
- 3 outstanding charges are registered against Steel Dynamics Ltd out of 7 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Steel Dynamics Ltd?
- 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 Steel Dynamics Ltd'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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