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The Magnificent Basement Company Limited Is The Magnificent Basement Company Limited in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, The Magnificent Basement Company Limited (company number 06695858) entered creditors' voluntary liquidation on 7 March 2022, by its creditors. Glyn Mummery of null was appointed as liquidator.
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The Magnificent Basement Company 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 06695858 |
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| Incorporated | 11 September 2008 (18 years old) |
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| Registered office | Jupiter House Warley Hill Business Park, Brentwood, CM13 3BE |
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| Nature of business (SIC) | 42990: Construction of other civil engineering projects n.e.c. (Construction) |
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| Date entered creditors' voluntary liquidation | 7 March 2022 |
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| Liquidator | Glyn Mummery, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
The Magnificent Basement Company Limited is a construction business based in Brentwood, incorporated in 2008 and 14 years old when the liquidator was appointed. Its registered activity is construction of other civil engineering projects n.e.c. (SIC 42990). There have been 3 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
3 people have been appointed as directors of The Magnificent Basement Company 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 Hadi Samadi
individual person with significant control · British · England
Ownership of shares 75-100%
What happened
EventDateType
Liquidators' statement of receipts and payments7 May 2026LIQ03
Liquidators' statement of receipts and payments to 2025-03-067 November 2025LIQ03
Liquidators' statement of receipts and payments to 2024-03-0617 June 2024LIQ03
Liquidators' statement of receipts and payments to 2023-03-0612 May 2023LIQ03
Registered office address changed from The Magnificent Basement Co Ltd 27 Birchwood Road London SW17 9BQ United Kingdom to Jupiter House Warley Hill Business Park the Drive Brentwood Essex CM13 3BE on 2022-03-1717 March 2022AD01 +51 earlier events · 2009 to 2022
Appointment of a voluntary liquidator17 March 2022600
Statement of affairs17 March 2022LIQ02
Creditors' voluntary liquidationStatus7 March 2022
Confirmation statement made on 2022-02-17 with updates17 February 2022CS01 Total exemption full accounts made up to 2021-03-3020 September 2021AA Registered office address changed from 27 27 Birchwood Road London Lambeth SW17 9BQ England to The Magnificent Basement Co Ltd 27 Birchwood Road London SW17 9BQ on 2021-06-1515 June 2021AD01 Registered office address changed from 8 Alwyne Road London SW19 7AD England to 27 27 Birchwood Road London Lambeth SW17 9BQ on 2021-06-099 June 2021AD01 Termination of appointment of David Lonsdale as a director on 2021-06-099 June 2021TM01 Registered office address changed from Flat 8 Alwyne Road London SW19 7AD England to 8 Alwyne Road London SW19 7AD on 2021-06-099 June 2021AD01 Registered office address changed from 9 1/2 Woodbridge Street Clerkenwell London EC1R 0LL England to Flat 8 Alwyne Road London SW19 7AD on 2021-06-099 June 2021AD01 Confirmation statement made on 2021-05-10 with updates10 May 2021CS01 Total exemption full accounts made up to 2020-03-3131 December 2020AA Confirmation statement made on 2020-09-11 with no updates19 November 2020CS01 Registered office address changed from 9/5 Woodbridge Street London EC1R 0HA United Kingdom to 9 1/2 Woodbridge Street Clerkenwell London EC1R 0LL on 2020-07-088 July 2020AD01 Registered office address changed from 27 Birchwood Road London SW17 9BQ to 9/5 Woodbridge Street London EC1R 0HA on 2020-03-2020 March 2020AD01 Micro company accounts made up to 2019-03-3130 December 2019AA Previous accounting period shortened from 2019-03-31 to 2019-03-3023 December 2019AA01 Confirmation statement made on 2019-09-11 with no updates15 October 2019CS01 Total exemption full accounts made up to 2018-03-3123 October 2018AA Confirmation statement made on 2018-09-11 with no updates18 September 2018CS01 Total exemption full accounts made up to 2017-03-3127 March 2018AA Compulsory strike-off action has been discontinued7 March 2018DISS40 First Gazette notice for compulsory strike-off6 March 2018GAZ1 Confirmation statement made on 2017-09-11 with no updates21 September 2017CS01 Total exemption small company accounts made up to 2016-03-3131 December 2016AA Confirmation statement made on 2016-09-11 with updates4 November 2016CS01 Annual return made up to 2015-09-11 with full list of shareholders11 November 2015AR01 Total exemption small company accounts made up to 2015-03-3124 April 2015AA Compulsory strike-off action has been discontinued10 March 2015DISS40 Annual return made up to 2014-09-11 with full list of shareholders9 March 2015AR01 Registered office address changed from 8 Blandfield Road London SW12 8BG to 27 Birchwood Road London SW17 9BQ on 2015-01-2020 January 2015AD01 First Gazette notice for compulsory strike-off20 January 2015GAZ1 Previous accounting period extended from 2013-09-30 to 2014-03-3118 June 2014AA01 Annual return made up to 2013-09-11 with full list of shareholders24 November 2013AR01 Registered office address changed from 156 Cavendish Avenue London W13 0JW United Kingdom on 2013-11-099 November 2013AD01 Total exemption small company accounts made up to 2012-09-305 July 2013AA Annual return made up to 2012-09-11 with full list of shareholders15 October 2012AR01 Director's details changed for Mr Hadi Sarmadi on 2012-09-1115 October 2012CH01 Total exemption small company accounts made up to 2011-09-309 October 2012AA Registered office address changed from 12 Latchmere Road London SW11 2DX on 2012-10-011 October 2012AD01 Annual return made up to 2011-09-11 with full list of shareholders7 November 2011AR01 Compulsory strike-off action has been discontinued12 October 2011DISS40 Accounts for a dormant company made up to 2010-09-3011 October 2011AA First Gazette notice for compulsory strike-off27 September 2011GAZ1 Annual return made up to 2010-09-11 with full list of shareholders14 September 2010AR01 Director's details changed for Mr Hadi Sarmadi on 2010-09-1114 September 2010CH01 Director's details changed for Mr. David Lonsdale on 2010-09-1114 September 2010CH01 Secretary's details changed for Mr Hadi Sarmadi on 2010-09-1114 September 2010CH03 Accounts for a dormant company made up to 2009-09-3012 August 2010AA Annual return made up to 2009-09-11 with full list of shareholders11 November 2009AR01 Incorporation11 September 2008NEWINC 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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Related guides
The bigger picture
Frequently asked questions
- Is The Magnificent Basement Company Limited in creditors' voluntary liquidation?
- Yes. The Magnificent Basement Company Limited (company number 06695858) entered creditors' voluntary liquidation on 7 March 2022, by its creditors. Glyn Mummery of null was appointed as liquidator.
- Who is the liquidator of The Magnificent Basement Company Limited?
- Glyn Mummery, a licensed insolvency practitioner at null, was appointed liquidator of The Magnificent Basement Company Limited on 7 March 2022. Creditors can contact the liquidator directly to submit a claim.
- What does The Magnificent Basement Company Limited do?
- The Magnificent Basement Company Limited's registered nature of business is construction of other civil engineering projects n.e.c. (SIC 42990). It is classified in the construction sector.
- Where is The Magnificent Basement Company Limited based?
- The Magnificent Basement Company Limited's registered office is Jupiter House Warley Hill Business Park, Brentwood, CM13 3BE. The registered office is the address held on the public register, which is not always the trading address.
- When was The Magnificent Basement Company Limited founded?
- The Magnificent Basement Company Limited was incorporated on 11 September 2008, 14 years before the liquidator was appointed.
- What is The Magnificent Basement Company Limited's company number?
- The Magnificent Basement Company Limited's registered company number is 06695858.
- Who has significant control of The Magnificent Basement Company Limited?
- 1 active person with significant control over The Magnificent Basement Company Limited is on the register: Mr Hadi Samadi.
- What does liquidation mean for creditors of The Magnificent Basement Company 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 The Magnificent Basement Company 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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