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Team Redline Racing Limited Is Team Redline Racing Limited in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, Team Redline Racing Limited (company number 03726706) entered creditors' voluntary liquidation on 3 January 2025, by its creditors. John Hedger of Seneca IP Limited was appointed as liquidator.
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Team Redline Racing 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
Administration
13 February 2024 · Seneca IP Limited
Creditors' voluntary liquidation
3 January 2025 · Seneca IP Limited
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 03726706 |
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| Previously known as | - Redline Racing-Porsche Limited, Jul 2012 to Feb 2013
- R.L.R. (North East) Limited, Mar 1999 to Jul 2012
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| Incorporated | 4 March 1999 (27 years old) |
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| Registered office | 74 Smedley Street, Matlock, Derbyshire, DE4 3JJ |
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| Nature of business (SIC) | 45200: Maintenance and repair of motor vehicles (Retail) |
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| Date entered creditors' voluntary liquidation | 3 January 2025 |
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| Liquidator | John Hedger, Seneca IP Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Team Redline Racing Limited is a retail business based in Matlock, incorporated in 1999 and 26 years old when the liquidator was appointed. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). There have been 8 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 4 people with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
8 people have been appointed as directors of Team Redline Racing Limited.
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.
Mr Edward John Fawcett
individual person with significant control · British · United Kingdom
Significant influence or control
Since 6 Apr 2016Mr Robert James Fawcett
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Since 6 Apr 2016Mr Simon Leonard
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Since 6 Apr 2016Mr Darren Collier
individual person with significant control · British · United Kingdom
Significant influence or control
Since 6 Apr 2016
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedHsbc Bank PLC
Debenture · Created 28 May 2009 · Satisfied 3 Feb 2022
What happened
EventDateType
Liquidators' statement of receipts and payments9 March 2026LIQ03
Registered office address changed5 December 2025AD01 Appointment of a voluntary liquidator9 January 2025600
Notice of move from Administration case to Creditors Voluntary Liquidation3 January 2025AM22 Administrator's progress report14 August 2024AM10 +81 earlier events · 1999 to 2024
Result of meeting of creditors8 April 2024AM07
Statement of administrator's proposal8 March 2024AM03 Appointment of an administrator13 February 2024AM01 Registered office address changed7 February 2024AD01 Compulsory strike-off action has been suspended28 December 2023DISS16(SOAS) First Gazette notice for compulsory strike-off26 December 2023GAZ1 Termination of appointment as a director13 September 2023TM01 Termination of appointment as a director13 September 2023TM01 Previous accounting period shortened24 July 2023AA01 Compulsory strike-off action has been discontinued24 May 2023DISS40 First Gazette notice for compulsory strike-off23 May 2023GAZ1 Confirmation statement made with no updates22 May 2023CS01 Total exemption full accounts made up29 July 2022AA Confirmation statement made with no updates17 May 2022CS01 Satisfaction of charge in full3 February 2022MR04 Total exemption full accounts made up30 July 2021AA Confirmation statement made with no updates20 April 2021CS01 Total exemption full accounts made up30 October 2020AA Confirmation statement made with no updates20 March 2020CS01 Unaudited abridged accounts made up31 July 2019AA Confirmation statement made with no updates28 March 2019CS01 Total exemption full accounts made up26 June 2018AA Confirmation statement made with no updates11 April 2018CS01 Termination of appointment as a director23 March 2018TM01 Total exemption small company accounts made up31 July 2017AA Confirmation statement made with updates11 April 2017CS01 Total exemption small company accounts made up27 July 2016AA Annual return made up with full list of shareholders8 April 2016AR01 Total exemption small company accounts made up21 August 2015AA Annual return made up with full list of shareholders15 May 2015AR01 Total exemption small company accounts made up31 July 2014AA Annual return made up with full list of shareholders12 June 2014AR01 Total exemption small company accounts made up31 July 2013AA Registered office address changed22 May 2013AD01 Annual return made up with full list of shareholders22 May 2013AR01 Director's details changed22 May 2013CH01 Certificate of change of name28 February 2013CERTNM Change of name notice15 February 2013CONNOT
Total exemption small company accounts made up31 July 2012AA Appointment as a director24 July 2012AP01 Certificate of change of name10 July 2012CERTNM Change of name notice10 July 2012CONNOT
Annual return made up with full list of shareholders28 March 2012AR01 Total exemption small company accounts made up29 July 2011AA Appointment as a director20 June 2011AP01 Annual return made up with full list of shareholders18 April 2011AR01 Appointment as a director24 February 2011AP01 Total exemption small company accounts made up2 August 2010AA Director's details changed10 May 2010CH01 Annual return made up with full list of shareholders10 May 2010AR01 Termination of appointment as a director16 April 2010TM01 Legacy7 September 2009225 Total exemption small company accounts made up4 April 2009AA Total exemption small company accounts made up31 March 2008AA Amended accounts made up8 May 2007AAMD Total exemption small company accounts made up31 March 2007AA Total exemption small company accounts made up3 January 2006AA Total exemption small company accounts made up2 September 2004AA Total exemption small company accounts made up14 November 2003AA Total exemption small company accounts made up31 March 2003AA Total exemption small company accounts made up3 April 2002AA Accounts for a small company made up2 April 2001AA Incorporation4 March 1999NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Seneca IP Limited). 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 Team Redline Racing Limited in creditors' voluntary liquidation?
- Yes. Team Redline Racing Limited (company number 03726706) entered creditors' voluntary liquidation on 3 January 2025, by its creditors. John Hedger of Seneca IP Limited was appointed as liquidator.
- Who is the liquidator of Team Redline Racing Limited?
- John Hedger, a licensed insolvency practitioner at Seneca IP Limited, was appointed liquidator of Team Redline Racing Limited on 3 January 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Team Redline Racing Limited do?
- Team Redline Racing Limited's registered nature of business is maintenance and repair of motor vehicles (SIC 45200). It is classified in the retail sector.
- Where is Team Redline Racing Limited based?
- Team Redline Racing Limited's registered office is 74 Smedley Street, Matlock, Derbyshire, DE4 3JJ. The registered office is the address held on the public register, which is not always the trading address.
- When was Team Redline Racing Limited founded?
- Team Redline Racing Limited was incorporated on 4 March 1999, 26 years before the liquidator was appointed.
- What is Team Redline Racing Limited's company number?
- Team Redline Racing Limited's registered company number is 03726706.
- Who has significant control of Team Redline Racing Limited?
- 4 active people with significant control over Team Redline Racing Limited are on the register: Mr Edward John Fawcett, Mr Robert James Fawcett, Mr Simon Leonard, Mr Darren Collier.
- What does liquidation mean for creditors of Team Redline Racing 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 Team Redline Racing 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.
Report an error on this page·Not financial, credit or legal advice.