Home ›
Companies in Liquidation ›
TK Drake Electrical Contractor Limited Is TK Drake Electrical Contractor Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, TK Drake Electrical Contractor Limited (company number 03753903) entered creditors' voluntary liquidation on 9 October 2025, by its creditors. Thomas William Gardiner of null was appointed as liquidator.
Do you deal with companies like TK Drake Electrical Contractor Limited? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
TK Drake Electrical Contractor 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 |
|---|
| Company number | 03753903 |
|---|
| Incorporated | 16 April 1999 (27 years old) |
|---|
| Registered office | Begbies Traynor, Town Wall House, Balkerne Hill, Colchester, Essex, CO3 3AD |
|---|
| Nature of business (SIC) | 43210: Electrical installation (Construction) |
|---|
| Date entered creditors' voluntary liquidation | 9 October 2025 |
|---|
| Liquidator | Thomas William Gardiner, null (licensed insolvency practitioner) |
|---|
| Public register | View filing history ↗ |
|---|
About the business
TK Drake Electrical Contractor Limited is a construction business based in Colchester, incorporated in 1999 and 26 years old when the liquidator was appointed. Its registered activity is electrical installation (SIC 43210). There have been 8 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, 1 of which is still outstanding.
Directors
8 people have been appointed as directors of TK Drake Electrical Contractor 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 Terence Kevin Drake
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingHsbc Bank PLC
Debenture · Created 21 Aug 2002 · Pending
SatisfiedBarclays Bank PLC
Debenture · Created 14 Aug 2000 · Satisfied 3 Oct 2024
What happened
EventDateType
Legacy9 December 2025ANNOTATION
Notice to Registrar of Companies of Notice of disclaimer24 November 2025NDISC
Registered office address changed15 October 2025AD01 Statement of affairs15 October 2025LIQ02
Appointment of a voluntary liquidator15 October 2025600
+78 earlier events · 1999 to 2025
Creditors' voluntary liquidationStatus9 October 2025
Confirmation statement made with no updates30 April 2025CS01 Director's details changed5 February 2025CH01 Change of details as a person with significant control5 February 2025PSC04 Unaudited abridged accounts made up30 January 2025AA Satisfaction of charge in full3 October 2024MR04 Confirmation statement made with no updates23 April 2024CS01 Director's details changed10 April 2024CH01 Unaudited abridged accounts made up30 January 2024AA Registered office address changed16 May 2023AD01 Registered office address changed15 May 2023AD01 Confirmation statement made with updates2 May 2023CS01 Unaudited abridged accounts made up12 January 2023AA Confirmation statement made with no updates26 April 2022CS01 Unaudited abridged accounts made up31 January 2022AA Confirmation statement made with no updates13 May 2021CS01 Unaudited abridged accounts made up15 March 2021AA Confirmation statement made with no updates16 April 2020CS01 Unaudited abridged accounts made up24 September 2019AA Confirmation statement made with no updates24 April 2019CS01 Unaudited abridged accounts made up29 January 2019AA Confirmation statement made with no updates25 April 2018CS01 Total exemption full accounts made up2 February 2018AA Confirmation statement made with updates18 April 2017CS01 Total exemption small company accounts made up16 January 2017AA Annual return made up with full list of shareholders27 April 2016AR01 Total exemption small company accounts made up9 February 2016AA Annual return made up with full list of shareholders17 April 2015AR01 Director's details changed17 April 2015CH01 Total exemption small company accounts made up12 February 2015AA Registered office address changed3 October 2014AD01 Annual return made up with full list of shareholders2 May 2014AR01 Total exemption small company accounts made up10 January 2014AA Annual return made up with full list of shareholders23 May 2013AR01 Total exemption full accounts made up4 February 2013AA Annual return made up with full list of shareholders14 June 2012AR01 Total exemption small company accounts made up24 January 2012AA Annual return made up with full list of shareholders6 May 2011AR01 Total exemption small company accounts made up31 January 2011AA Annual return made up with full list of shareholders18 May 2010AR01 Total exemption small company accounts made up19 January 2010AA Total exemption small company accounts made up20 March 2009AA Legacy14 February 2008287 Total exemption small company accounts made up15 January 2008AA Total exemption small company accounts made up6 September 2006AA Total exemption small company accounts made up2 March 2006AA Total exemption small company accounts made up18 August 2004AA Accounts for a small company made up1 December 2003AA Legacy7 November 2003288a Legacy7 November 2003288b Auditor's resignation5 March 2003AUD
Accounts for a small company made up3 February 2003AA Legacy6 September 2002395 Full accounts made up25 February 2002AA Full accounts made up12 January 2001AA Incorporation16 April 1999NEWINC 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 construction companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is TK Drake Electrical Contractor Limited in creditors' voluntary liquidation?
- Yes. TK Drake Electrical Contractor Limited (company number 03753903) entered creditors' voluntary liquidation on 9 October 2025, by its creditors. Thomas William Gardiner of null was appointed as liquidator.
- Who is the liquidator of TK Drake Electrical Contractor Limited?
- Thomas William Gardiner, a licensed insolvency practitioner at null, was appointed liquidator of TK Drake Electrical Contractor Limited on 9 October 2025. Creditors can contact the liquidator directly to submit a claim.
- What does TK Drake Electrical Contractor Limited do?
- TK Drake Electrical Contractor Limited's registered nature of business is electrical installation (SIC 43210). It is classified in the construction sector.
- Where is TK Drake Electrical Contractor Limited based?
- TK Drake Electrical Contractor Limited's registered office is Begbies Traynor, Town Wall House, Balkerne Hill, Colchester, Essex, CO3 3AD. The registered office is the address held on the public register, which is not always the trading address.
- When was TK Drake Electrical Contractor Limited founded?
- TK Drake Electrical Contractor Limited was incorporated on 16 April 1999, 26 years before the liquidator was appointed.
- What is TK Drake Electrical Contractor Limited's company number?
- TK Drake Electrical Contractor Limited's registered company number is 03753903.
- Who has significant control of TK Drake Electrical Contractor Limited?
- 1 active person with significant control over TK Drake Electrical Contractor Limited is on the register: Mr Terence Kevin Drake.
- Does TK Drake Electrical Contractor Limited have any outstanding charges?
- an outstanding charge is registered against TK Drake Electrical Contractor Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of TK Drake Electrical Contractor 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 TK Drake Electrical Contractor 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.
Report an error on this page·Not financial, credit or legal advice.