Is The Drop Brand Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, The Drop Brand Ltd (company number 15148735) entered creditors' voluntary liquidation on 16 October 2025, by its creditors. David Adam Broadbent of null was appointed as liquidator.
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The Drop Brand 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 | 15148735 |
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| Incorporated | 19 September 2023 (3 years old) |
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| Registered office | C/O Begbies Traynor, Levelq, Sheraton House Surtees Way, Stockton-On-Tees, TS18 3HR |
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| Nature of business (SIC) | 47710: Retail sale of clothing in specialised stores (Retail) |
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| Date entered creditors' voluntary liquidation | 16 October 2025 |
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| Liquidator | David Adam Broadbent, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
The Drop Brand Ltd is a retail business based in Stockton-on-Tees, incorporated in 2023 and 2 years old when the liquidator was appointed. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of The Drop Brand 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.
Mr Samuel Galloway Mateer
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Mr Paul Graeme Stocks · ceased 3 Jul 2024
What happened
EventDateType
Return of final meeting in a creditors' voluntary winding up22 April 2026LIQ14
Registered office address changed from The Wheelhouse Taylor Hill Mill Huddersfield HD4 6JA England to C/O Begbies Traynor, Levelq, Sheraton House Surtees Way Surtees Business Park Stockton-on-Tees TS18 3HR on 2025-10-2121 October 2025AD01 Appointment of a voluntary liquidator21 October 2025600
Statement of affairs21 October 2025LIQ02
+13 earlier events · 2024 to 2025
Creditors' voluntary liquidationStatus16 October 2025
Total exemption full accounts made up to 2024-09-3017 June 2025AA Second filing of a statement of capital following an allotment of shares on 2024-07-018 October 2024RP04SH01 Statement of capital following an allotment of shares on 2024-07-016 October 2024SH01 Confirmation statement made on 2024-09-18 with updates1 October 2024CS01 Director's details changed for Mr Samuel Galloway Mateer on 2024-09-1011 September 2024CH01 Change of details for Mr Samuel Galloway Mateer as a person with significant control on 2024-07-0311 September 2024PSC04 Registered office address changed from Unit 8a Sycamore Industrial Estate Walkley Lane Heckmondwike WF16 0NL England to The Wheelhouse Taylor Hill Mill Huddersfield HD4 6JA on 2024-08-1414 August 2024AD01 Change of details for Mr Samuel Galloway Mateer as a person with significant control on 2024-07-035 July 2024PSC04 Notification of Samuel Galloway Mateer as a person with significant control on 2024-07-033 July 2024PSC01 Cessation of Paul Graeme Stocks as a person with significant control on 2024-07-033 July 2024PSC07 Termination of appointment of Paul Graeme Stocks as a director on 2024-07-033 July 2024TM01 Appointment of Mr Samuel Galloway Mateer as a director on 2024-07-033 July 2024AP01 Incorporation19 September 2023NEWINC 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is The Drop Brand Ltd in creditors' voluntary liquidation?
- Yes. The Drop Brand Ltd (company number 15148735) entered creditors' voluntary liquidation on 16 October 2025, by its creditors. David Adam Broadbent of null was appointed as liquidator.
- Who is the liquidator of The Drop Brand Ltd?
- David Adam Broadbent, a licensed insolvency practitioner at null, was appointed liquidator of The Drop Brand Ltd on 16 October 2025. Creditors can contact the liquidator directly to submit a claim.
- What does The Drop Brand Ltd do?
- The Drop Brand Ltd's registered nature of business is retail sale of clothing in specialised stores (SIC 47710). It is classified in the retail sector.
- Where is The Drop Brand Ltd based?
- The Drop Brand Ltd's registered office is C/O Begbies Traynor, Levelq, Sheraton House Surtees Way, Stockton-On-Tees, TS18 3HR. The registered office is the address held on the public register, which is not always the trading address.
- When was The Drop Brand Ltd founded?
- The Drop Brand Ltd was incorporated on 19 September 2023, 2 years before the liquidator was appointed.
- What is The Drop Brand Ltd's company number?
- The Drop Brand Ltd's registered company number is 15148735.
- Who has significant control of The Drop Brand Ltd?
- 1 active person with significant control over The Drop Brand Ltd is on the register: Mr Samuel Galloway Mateer.
- What does liquidation mean for creditors of The Drop Brand 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 Drop Brand 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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