HomeCompanies in LiquidationThe Car Buying Company Ltd

Is The Car Buying Company Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, The Car Buying Company Ltd (company number 12311989) entered creditors' voluntary liquidation on 7 August 2025, by its creditors. Wayne Macpherson of null was appointed as liquidator.

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The Car Buying Company 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

StatusIn Creditors' Voluntary Liquidation
Company number12311989
Incorporated13 November 2019 (7 years old)
Registered office1066 London Road, Leigh On Sea, Essex, SS9 3NA
Nature of business (SIC)45112: Sale of used cars and light motor vehicles (Retail)
Date entered creditors' voluntary liquidation7 August 2025
LiquidatorWayne Macpherson, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

The Car Buying Company Ltd is a retail business based in Leigh-on-Sea, incorporated in 2019 and 6 years old when the liquidator was appointed. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). There have been 3 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control.

Directors

3 people have been appointed as directors of The Car Buying Company Ltd.

DirectorStatusResigned
Huseyin DemielActive
Tyrone Levi BayleyActive
Lauren LloydResigned24 May 2023

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.

1 ceased control
  • Mrs Lauren Lloyd · ceased 24 May 2023

What happened

EventDateType
Registered office address changed13 August 2025AD01
Appointment of a voluntary liquidator13 August 2025600
Resolutions13 August 2025RESOLUTIONS
Statement of affairs13 August 2025LIQ02
Creditors' voluntary liquidationStatus7 August 2025
22 earlier events · 2021 to 2024
Director's details changed4 September 2024CH01
Director's details changed4 September 2024CH01
Change of details as a person with significant control4 September 2024PSC04
Change of details as a person with significant control4 September 2024PSC04
Compulsory strike-off action has been suspended22 August 2024DISS16(SOAS)
First Gazette notice for compulsory strike-off13 August 2024GAZ1
Compulsory strike-off action has been discontinued18 November 2023DISS40
Confirmation statement made with no updates17 November 2023CS01
Compulsory strike-off action has been suspended11 November 2023DISS16(SOAS)
First Gazette notice for compulsory strike-off31 October 2023GAZ1
Notification as a person with significant control23 October 2023PSC01
Appointment as a director23 October 2023AP01
Notification as a person with significant control23 October 2023PSC01
Appointment as a director23 October 2023AP01
Termination of appointment as a director23 October 2023TM01
Cessation as a person with significant control23 October 2023PSC07
Confirmation statement made with no updates2 December 2022CS01
Micro company accounts made up31 August 2022AA
Confirmation statement made with no updates6 December 2021CS01
Total exemption full accounts made up9 September 2021AA
Registered office address changed9 September 2021AD01
Confirmation statement made with no updates14 January 2021CS01
Incorporation13 November 2019NEWINC

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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The bigger picture

The state of UK insolvency

Frequently asked questions

Is The Car Buying Company Ltd in creditors' voluntary liquidation?
Yes. The Car Buying Company Ltd (company number 12311989) entered creditors' voluntary liquidation on 7 August 2025, by its creditors. Wayne Macpherson of null was appointed as liquidator.
Who is the liquidator of The Car Buying Company Ltd?
Wayne Macpherson, a licensed insolvency practitioner at null, was appointed liquidator of The Car Buying Company Ltd on 7 August 2025. Creditors can contact the liquidator directly to submit a claim.
What does The Car Buying Company Ltd do?
The Car Buying Company Ltd's registered nature of business is sale of used cars and light motor vehicles (SIC 45112). It is classified in the retail sector.
Where is The Car Buying Company Ltd based?
The Car Buying Company Ltd's registered office is 1066 London Road, Leigh On Sea, Essex, SS9 3NA. The registered office is the address held on the public register, which is not always the trading address.
When was The Car Buying Company Ltd founded?
The Car Buying Company Ltd was incorporated on 13 November 2019, 6 years before the liquidator was appointed.
What is The Car Buying Company Ltd's company number?
The Car Buying Company Ltd's registered company number is 12311989.
Who has significant control of The Car Buying Company Ltd?
2 active people with significant control over The Car Buying Company Ltd are on the register: Mr Tyrone Levi Bayley, Mr Huseyin Demirel.
What does liquidation mean for creditors of The Car Buying Company 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 The Car Buying Company 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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