HomeCompanies in LiquidationTime Personnel Recruitment Limited

Is Time Personnel Recruitment Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Time Personnel Recruitment Limited (company number 07848344) entered creditors' voluntary liquidation on 23 September 2025, by its creditors. Michael Patrick Durkan of null was appointed as liquidator.

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Time Personnel Recruitment 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

StatusIn Creditors' Voluntary Liquidation
Company number07848344
Incorporated15 November 2011 (15 years old)
Registered officeSuite G2, Montpellier House, Montpellier Drive, Cheltenham, GL50 1TY
Nature of business (SIC)78109: Other activities of employment placement agencies (Recruitment & staffing)
Date entered creditors' voluntary liquidation23 September 2025
LiquidatorMichael Patrick Durkan, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Time Personnel Recruitment Limited is a recruitment & staffing business based in Cheltenham, incorporated in 2011 and 14 years old when the liquidator was appointed. Its registered activity is other activities of employment placement agencies (SIC 78109). 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. 3 charges have been registered against the company, 1 of which is still outstanding.

Directors

2 people have been appointed as directors of Time Personnel Recruitment Limited.

DirectorStatusResigned
James SheltonActive
Joseph Ralph Scarborough+ 1 otherResigned30 Jun 2024

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
  • Mr Joseph Ralph Scarborough · ceased 30 Jun 2024

Charges register

Secured creditors and encumbrances against the company. 1 outstanding · 2 satisfied.

Status · Creditor · Type · Dates
OutstandingUltimate Finance Limited
A registered charge · Created 20 Jan 2025 · Pending
SatisfiedAbn Amro Asset Based Finance N.V.
A registered charge · Created 19 Sep 2018 · Satisfied 21 Jan 2025
SatisfiedVenture Finance PLC Trading as Venture Factors
All assets debenture · Created 26 Jan 2012 · Satisfied 21 Jan 2025

What happened

EventDateType
Registered office address changed1 October 2025AD01
Statement of affairs29 September 2025LIQ02
Appointment of a voluntary liquidator29 September 2025600
Resolutions29 September 2025RESOLUTIONS
Creditors' voluntary liquidationStatus23 September 2025
49 earlier events · 2012 to 2025
Satisfaction of charge in full21 January 2025MR04
Satisfaction of charge in full21 January 2025MR04
Registration of charge , created21 January 2025MR01
Confirmation statement made with updates14 January 2025CS01
Change of details as a person with significant control23 October 2024PSC04
Cessation as a person with significant control23 October 2024PSC07
Termination of appointment as a director23 October 2024TM01
Total exemption full accounts made up27 September 2024AA
Director's details changed27 February 2024CH01
Change of details as a person with significant control27 February 2024PSC04
Registered office address changed15 February 2024AD01
Confirmation statement made with no updates15 January 2024CS01
Total exemption full accounts made up29 September 2023AA
Confirmation statement made with no updates3 February 2023CS01
Unaudited abridged accounts made up29 September 2022AA
Confirmation statement made with updates25 June 2022CS01
Registered office address changed24 June 2022AD01
Director's details changed24 June 2022CH01
Director's details changed24 June 2022CH01
Change of details as a person with significant control24 June 2022PSC04
Change of details as a person with significant control24 June 2022PSC04
Confirmation statement made with updates22 November 2021CS01
Total exemption full accounts made up22 September 2021AA
Confirmation statement made with no updates20 November 2020CS01
Total exemption full accounts made up29 September 2020AA
Confirmation statement made with updates21 November 2019CS01
Total exemption full accounts made up25 September 2019AA
Confirmation statement made with updates26 November 2018CS01
Registration of charge , created24 September 2018MR01
Total exemption full accounts made up23 July 2018AA
Confirmation statement made with updates29 November 2017CS01
Total exemption full accounts made up26 September 2017AA
Director's details changed25 September 2017CH01
Change of details as a person with significant control25 September 2017PSC04
Director's details changed24 March 2017CH01
Director's details changed24 March 2017CH01
Confirmation statement made with updates21 November 2016CS01
Total exemption small company accounts made up8 September 2016AA
Registered office address changed16 June 2016AD01
Annual return made up with full list of shareholders7 December 2015AR01
Total exemption small company accounts made up24 August 2015AA
Annual return made up with full list of shareholders7 January 2015AR01
Total exemption small company accounts made up4 September 2014AA
Annual return made up with full list of shareholders9 December 2013AR01
Total exemption small company accounts made up3 July 2013AA
Previous accounting period extended8 February 2013AA01
Annual return made up with full list of shareholders11 December 2012AR01
Registered office address changed21 November 2012AD01
Legacy27 January 2012MG01
Incorporation15 November 2011NEWINC

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

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Other recruitment & staffing companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Time Personnel Recruitment Limited in creditors' voluntary liquidation?
Yes. Time Personnel Recruitment Limited (company number 07848344) entered creditors' voluntary liquidation on 23 September 2025, by its creditors. Michael Patrick Durkan of null was appointed as liquidator.
Who is the liquidator of Time Personnel Recruitment Limited?
Michael Patrick Durkan, a licensed insolvency practitioner at null, was appointed liquidator of Time Personnel Recruitment Limited on 23 September 2025. Creditors can contact the liquidator directly to submit a claim.
What does Time Personnel Recruitment Limited do?
Time Personnel Recruitment Limited's registered nature of business is other activities of employment placement agencies (SIC 78109). It is classified in the recruitment & staffing sector.
Where is Time Personnel Recruitment Limited based?
Time Personnel Recruitment Limited's registered office is Suite G2, Montpellier House, Montpellier Drive, Cheltenham, GL50 1TY. The registered office is the address held on the public register, which is not always the trading address.
When was Time Personnel Recruitment Limited founded?
Time Personnel Recruitment Limited was incorporated on 15 November 2011, 14 years before the liquidator was appointed.
What is Time Personnel Recruitment Limited's company number?
Time Personnel Recruitment Limited's registered company number is 07848344.
Who has significant control of Time Personnel Recruitment Limited?
1 active person with significant control over Time Personnel Recruitment Limited is on the register: Mr James Shelton.
Does Time Personnel Recruitment Limited have any outstanding charges?
an outstanding charge is registered against Time Personnel Recruitment 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 Time Personnel Recruitment 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 Time Personnel Recruitment 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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