Is Time & Tune Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Time & Tune Limited (company number 12790087) entered creditors' voluntary liquidation on 18 December 2025, by its creditors. Lee Morris of null was appointed as liquidator.
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Time & Tune 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 | 12790087 |
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| Incorporated | 4 August 2020 (6 years old) |
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| Registered office | C/O Heskin Hall Farm, Wood Lane, Heskin, PR7 5PA |
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| Nature of business (SIC) | 47591: Retail sale of musical instruments and scores (Retail) |
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| Date entered creditors' voluntary liquidation | 18 December 2025 |
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| Liquidator | Lee Morris, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Time & Tune Limited is a retail business based in Heskin, incorporated in 2020 and 5 years old when the liquidator was appointed. Its registered activity is retail sale of musical instruments and scores (SIC 47591). 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 Time & Tune 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 Gregory Banks
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
- Mrs Jenna Elizabeth Banks · ceased 7 Nov 2025
What happened
EventDateType
Statement of affairs13 February 2026LIQ02
Registered office address changed31 December 2025AD01 Appointment of a voluntary liquidator31 December 2025600
Creditors' voluntary liquidationStatus18 December 2025
+19 earlier events · 2021 to 2025
Change of details as a person with significant control20 November 2025PSC04 Confirmation statement made with updates10 November 2025CS01 Termination of appointment as a director9 November 2025TM01 Cessation as a person with significant control9 November 2025PSC07 Confirmation statement made with no updates2 August 2025CS01 Total exemption full accounts made up14 May 2025AA Confirmation statement made with no updates12 August 2024CS01 Total exemption full accounts made up27 June 2024AA Confirmation statement made with no updates31 July 2023CS01 Total exemption full accounts made up24 July 2023AA Confirmation statement made with no updates17 August 2022CS01 Total exemption full accounts made up21 July 2022AA Director's details changed20 July 2022CH01 Change of details as a person with significant control20 July 2022PSC04 Director's details changed20 July 2022CH01 Change of details as a person with significant control20 July 2022PSC04 Registered office address changed20 July 2022AD01 Confirmation statement made with updates16 August 2021CS01 Current accounting period extended26 January 2021AA01 Incorporation4 August 2020NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Time & Tune Limited in creditors' voluntary liquidation?
- Yes. Time & Tune Limited (company number 12790087) entered creditors' voluntary liquidation on 18 December 2025, by its creditors. Lee Morris of null was appointed as liquidator.
- Who is the liquidator of Time & Tune Limited?
- Lee Morris, a licensed insolvency practitioner at null, was appointed liquidator of Time & Tune Limited on 18 December 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Time & Tune Limited do?
- Time & Tune Limited's registered nature of business is retail sale of musical instruments and scores (SIC 47591). It is classified in the retail sector.
- Where is Time & Tune Limited based?
- Time & Tune Limited's registered office is C/O Heskin Hall Farm, Wood Lane, Heskin, PR7 5PA. The registered office is the address held on the public register, which is not always the trading address.
- When was Time & Tune Limited founded?
- Time & Tune Limited was incorporated on 4 August 2020, 5 years before the liquidator was appointed.
- What is Time & Tune Limited's company number?
- Time & Tune Limited's registered company number is 12790087.
- Who has significant control of Time & Tune Limited?
- 1 active person with significant control over Time & Tune Limited is on the register: Mr Gregory Banks.
- What does liquidation mean for creditors of Time & Tune 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 & Tune 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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