Is Tools2 Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, Tools2 Ltd (company number 07239695) entered compulsory liquidation on 27 October 2014, by order of the court. The Official Receiver Or Nottingham of null was appointed as liquidator.
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Tools2 Ltd is now in compulsory 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 Compulsory Liquidation |
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| Company number | 07239695 |
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| Incorporated | 29 April 2010 (16 years old) |
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| Registered office | 284 Clifton Drive South, Lytham St Annes, Lancashire, FY8 1LH |
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| Nature of business (SIC) | 46620: Wholesale of machine tools (Retail) |
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| Date entered compulsory liquidation | 27 October 2014 |
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| Liquidator | The Official Receiver Or Nottingham, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Tools2 Ltd is a retail business based in Lytham St Annes, incorporated in 2010 and 4 years old when the liquidator was appointed. Its registered activity is wholesale of machine tools (SIC 46620). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
1 person has been appointed as directors of Tools2 Ltd.
DirectorStatusAppointedResigned
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingPeak Cashflow Limited
All assets debenture · Created 14 Jun 2010 · Pending
What happened
EventDateType
Insolvency filing25 May 2017LIQ MISC
Insolvency filing31 March 2016LIQ MISC
Registered office address changed12 March 2015AD01 Appointment of a liquidator11 March 20154.31
Order of court to wind up10 November 2014COCOMP
+13 earlier events · 2010 to 2014
Compulsory liquidationStatus27 October 2014
Compulsory strike-off action has been suspended10 June 2014DISS16(SOAS) First Gazette notice for compulsory strike-off8 April 2014GAZ1 Total exemption small company accounts made up6 August 2013AA Registered office address changed4 June 2013AD01 Compulsory strike-off action has been discontinued25 May 2013DISS40 Annual return made up with full list of shareholders23 May 2013AR01 First Gazette notice for compulsory strike-off16 April 2013GAZ1 Annual return made up with full list of shareholders25 June 2012AR01 Total exemption small company accounts made up3 January 2012AA Previous accounting period shortened22 December 2011AA01 Annual return made up with full list of shareholders1 June 2011AR01 Incorporation29 April 2010NEWINC 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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See how Protect works, £24/mo →Other retail companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Tools2 Ltd in compulsory liquidation?
- Yes. Tools2 Ltd (company number 07239695) entered compulsory liquidation on 27 October 2014, by order of the court. The Official Receiver Or Nottingham of null was appointed as liquidator.
- Who is the liquidator of Tools2 Ltd?
- The Official Receiver Or Nottingham, a licensed insolvency practitioner at null, was appointed liquidator of Tools2 Ltd on 27 October 2014. Creditors can contact the liquidator directly to submit a claim.
- What does Tools2 Ltd do?
- Tools2 Ltd's registered nature of business is wholesale of machine tools (SIC 46620). It is classified in the retail sector.
- Where is Tools2 Ltd based?
- Tools2 Ltd's registered office is 284 Clifton Drive South, Lytham St Annes, Lancashire, FY8 1LH. The registered office is the address held on the public register, which is not always the trading address.
- When was Tools2 Ltd founded?
- Tools2 Ltd was incorporated on 29 April 2010, 4 years before the liquidator was appointed.
- What is Tools2 Ltd's company number?
- Tools2 Ltd's registered company number is 07239695.
- Does Tools2 Ltd have any outstanding charges?
- an outstanding charge is registered against Tools2 Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Tools2 Ltd?
- 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 Tools2 Ltd'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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