Is Tiuta PLC in creditors' voluntary liquidation?

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Tiuta PLC 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

About the business

Tiuta PLC is a UK limited company based in London, incorporated in 2003 and 10 years old when the liquidator was appointed. Its registered activity is credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921). There have been 12 director appointments since incorporation, of which 4 were on the board when the liquidator was appointed. 100 charges have been registered against the company, 3 of which are still outstanding.

Directors

12 people have been appointed as directors of Tiuta PLC.

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 3 outstanding · 97 satisfied.

What happened

What this means for you

Other companies in creditors' voluntary liquidation

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The bigger picture

Frequently asked questions

Is Tiuta PLC in creditors' voluntary liquidation?

Yes. Tiuta PLC (company number 04974070) entered creditors' voluntary liquidation on 27 September 2013, by its creditors. Geoffrey Wayne Bouchier of null was appointed as liquidator.

Who is the liquidator of Tiuta PLC?

Geoffrey Wayne Bouchier, a licensed insolvency practitioner at null, was appointed liquidator of Tiuta PLC on 27 September 2013. Creditors can contact the liquidator directly to submit a claim.

What does Tiuta PLC do?

Tiuta PLC's registered nature of business is credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921).

Where is Tiuta PLC based?

Tiuta PLC's registered office is The Shard, 32 London Bridge Street, London, SE1 9SG. The registered office is the address held on the public register, which is not always the trading address.

When was Tiuta PLC founded?

Tiuta PLC was incorporated on 24 November 2003, 10 years before the liquidator was appointed.

What is Tiuta PLC's company number?

Tiuta PLC's registered company number is 04974070.

Does Tiuta PLC have any outstanding charges?

3 outstanding charges are registered against Tiuta PLC out of 100 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.

What does liquidation mean for creditors of Tiuta PLC?

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 Tiuta PLC'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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