Is Teoni'S Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Teoni'S Limited (company number 05972327) entered creditors' voluntary liquidation on 29 December 2020, by its creditors. Julie Anne Palmer of null was appointed as liquidator.
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Teoni'S 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 January 2020
Creditors' voluntary liquidation
29 December 2020
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 05972327 |
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| Incorporated | 19 October 2006 (20 years old) |
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| Registered office | C/O BEGBIES TRAYNOR, Winslade House Winslade Park Avenue Manor Drive, Exeter, Devon, EX5 1FY |
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| Nature of business (SIC) | 10720: Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 29 December 2020 |
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| Liquidator | Julie Anne Palmer, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Teoni'S Limited is a manufacturing business based in Exeter, incorporated in 2006 and 14 years old when the liquidator was appointed. Its registered activity is manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes (SIC 10720). There have been 5 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control. 3 charges have been registered against the company, 2 of which are still outstanding.
Directors
5 people have been appointed as directors of Teoni'S 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.
Ian Stuart Payne
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%
Gay Toni Payne
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingLloyds Bank Commercial Finance LTD
A registered charge · Created 19 Apr 2018 · Pending
OutstandingLloyds Bank PLC
A registered charge · Created 22 Oct 2014 · Pending
SatisfiedLloyds Bank PLC
A registered charge · Created 30 Sep 2014 · Satisfied 12 Dec 2020
What happened
EventDateType
Liquidators' statement of receipts and payments4 March 2026LIQ03
Appointment of a voluntary liquidator27 March 2025600
Removal of liquidator by court order27 March 2025LIQ10
Liquidators' statement of receipts and payments28 February 2025LIQ03
Liquidators' statement of receipts and payments1 March 2024LIQ03
+57 earlier events · 2006 to 2023
Registered office address changed14 November 2023AD01 Liquidators' statement of receipts and payments2 March 2023LIQ03
Liquidators' statement of receipts and payments2 March 2022LIQ03
Appointment of a voluntary liquidator24 March 2021600
Appointment of a voluntary liquidator19 January 2021600
Administrator's progress report29 December 2020AM10 Notice of move from Administration case to Creditors Voluntary Liquidation29 December 2020AM22 Satisfaction of charge in full12 December 2020MR04 Statement of administrator's proposal3 March 2020AM03 Registered office address changed7 February 2020AD01 Appointment of an administrator13 January 2020AM01 Confirmation statement made with updates3 December 2019CS01 Total exemption full accounts made up30 September 2019AA Confirmation statement made with updates22 November 2018CS01 Total exemption full accounts made up30 September 2018AA Registration of charge , created23 April 2018MR01 Confirmation statement made with updates2 November 2017CS01 Total exemption small company accounts made up29 September 2017AA Director's details changed15 June 2017CH01 Confirmation statement made with updates24 November 2016CS01 Current accounting period extended5 August 2016AA01 Total exemption small company accounts made up31 March 2016AA Annual return made up with full list of shareholders18 November 2015AR01 Registered office address changed21 May 2015AD01 Total exemption small company accounts made up26 March 2015AA Annual return made up with full list of shareholders18 November 2014AR01 Registration of charge , created25 October 2014MR01 Registration of charge , created10 October 2014MR01 Total exemption small company accounts made up20 March 2014AA Annual return made up with full list of shareholders29 October 2013AR01 Director's details changed29 October 2013CH01 Secretary's details changed29 October 2013CH03 Total exemption small company accounts made up15 March 2013AA Annual return made up with full list of shareholders14 November 2012AR01 Total exemption small company accounts made up2 April 2012AA Annual return made up with full list of shareholders25 November 2011AR01 Registered office address changed3 June 2011AD01 Total exemption small company accounts made up22 March 2011AA Annual return made up with full list of shareholders16 November 2010AR01 Total exemption small company accounts made up17 February 2010AA Annual return made up with full list of shareholders18 November 2009AR01 Director's details changed18 November 2009CH01 Director's details changed18 November 2009CH01 Total exemption small company accounts made up24 April 2009AA Legacy1 December 2008363a Legacy28 November 2008288c Legacy28 November 2008288c Accounts for a dormant company made up29 April 2008AA Legacy10 December 2007363a Legacy1 November 2006288b Legacy1 November 2006288b Legacy1 November 2006288a Legacy1 November 2006288a Incorporation19 October 2006NEWINC 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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See how Protect works, £24/mo →Other manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Teoni'S Limited in creditors' voluntary liquidation?
- Yes. Teoni'S Limited (company number 05972327) entered creditors' voluntary liquidation on 29 December 2020, by its creditors. Julie Anne Palmer of null was appointed as liquidator.
- Who is the liquidator of Teoni'S Limited?
- Julie Anne Palmer, a licensed insolvency practitioner at null, was appointed liquidator of Teoni'S Limited on 29 December 2020. Creditors can contact the liquidator directly to submit a claim.
- What does Teoni'S Limited do?
- Teoni'S Limited's registered nature of business is manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes (SIC 10720). It is classified in the manufacturing sector.
- Where is Teoni'S Limited based?
- Teoni'S Limited's registered office is C/O BEGBIES TRAYNOR, Winslade House Winslade Park Avenue Manor Drive, Exeter, Devon, EX5 1FY. The registered office is the address held on the public register, which is not always the trading address.
- When was Teoni'S Limited founded?
- Teoni'S Limited was incorporated on 19 October 2006, 14 years before the liquidator was appointed.
- What is Teoni'S Limited's company number?
- Teoni'S Limited's registered company number is 05972327.
- Who has significant control of Teoni'S Limited?
- 2 active people with significant control over Teoni'S Limited are on the register: Ian Stuart Payne, Gay Toni Payne.
- Does Teoni'S Limited have any outstanding charges?
- 2 outstanding charges are registered against Teoni'S Limited out of 3 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Teoni'S 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 Teoni'S 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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