Is T Y C (NE) Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, T Y C (NE) Ltd (company number 10851962) entered creditors' voluntary liquidation on 23 May 2025, by its creditors. Greg Whitehead of null was appointed as liquidator.
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T Y C (NE) 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 10851962 |
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| Incorporated | 5 July 2017 (9 years old) |
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| Registered office | Cobalt Business Exchange, Cobalt Park Way, Wallsend, Tyne And Wear, NE28 9NZ |
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| Nature of business (SIC) | 56103: Take-away food shops and mobile food stands (Hospitality & food) |
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| Date entered creditors' voluntary liquidation | 23 May 2025 |
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| Liquidator | Greg Whitehead, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
T Y C (NE) Ltd is a hospitality & food business based in Wallsend, incorporated in 2017 and 8 years old when the liquidator was appointed. Its registered activity is take-away food shops and mobile food stands (SIC 56103). 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 T Y C (NE) Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Ms Wai Chun Sandy Cheng
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Return of final meeting in a creditors' voluntary winding up4 June 2026LIQ14
Notice to Registrar of Companies of Notice of disclaimer3 June 2025NDISC
Appointment of a voluntary liquidator2 June 2025600
Statement of affairs2 June 2025LIQ02
+16 earlier events · 2018 to 2025
Registered office address changed29 May 2025AD01 Creditors' voluntary liquidationStatus23 May 2025
Total exemption full accounts made up4 April 2025AA Confirmation statement made with no updates4 July 2024CS01 Total exemption full accounts made up26 April 2024AA Total exemption full accounts made up31 July 2023AA Confirmation statement made with no updates7 July 2023CS01 Micro company accounts made up29 July 2022AA Confirmation statement made with no updates15 July 2022CS01 Confirmation statement made with no updates26 July 2021CS01 Micro company accounts made up26 July 2021AA Confirmation statement made with no updates27 July 2020CS01 Micro company accounts made up27 July 2020AA Confirmation statement made with no updates5 August 2019CS01 Micro company accounts made up27 March 2019AA Confirmation statement made with no updates6 August 2018CS01 Incorporation5 July 2017NEWINC 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 hospitality & food companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is T Y C (NE) Ltd in creditors' voluntary liquidation?
- Yes. T Y C (NE) Ltd (company number 10851962) entered creditors' voluntary liquidation on 23 May 2025, by its creditors. Greg Whitehead of null was appointed as liquidator.
- Who is the liquidator of T Y C (NE) Ltd?
- Greg Whitehead, a licensed insolvency practitioner at null, was appointed liquidator of T Y C (NE) Ltd on 23 May 2025. Creditors can contact the liquidator directly to submit a claim.
- What does T Y C (NE) Ltd do?
- T Y C (NE) Ltd's registered nature of business is take-away food shops and mobile food stands (SIC 56103). It is classified in the hospitality & food sector.
- Where is T Y C (NE) Ltd based?
- T Y C (NE) Ltd's registered office is Cobalt Business Exchange, Cobalt Park Way, Wallsend, Tyne And Wear, NE28 9NZ. The registered office is the address held on the public register, which is not always the trading address.
- When was T Y C (NE) Ltd founded?
- T Y C (NE) Ltd was incorporated on 5 July 2017, 8 years before the liquidator was appointed.
- What is T Y C (NE) Ltd's company number?
- T Y C (NE) Ltd's registered company number is 10851962.
- Who has significant control of T Y C (NE) Ltd?
- 1 active person with significant control over T Y C (NE) Ltd is on the register: Ms Wai Chun Sandy Cheng.
- What does liquidation mean for creditors of T Y C (NE) 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 T Y C (NE) 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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