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Trade Tyre Services Limited Is Trade Tyre Services Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Trade Tyre Services Limited (company number 01240323) entered compulsory liquidation on 16 February 1987, by order of the court.
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Trade Tyre Services Limited 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 | 01240323 |
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| Incorporated | 13 January 1976 (50 years old) |
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| Registered office | Orchard Street Garage, Orchard Street, Hemel Hempstead, Herts |
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| Date entered compulsory liquidation | 16 February 1987 |
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| Public register | View filing history ↗ |
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About the business
Trade Tyre Services Limited is a UK limited company based in Hemel Hempstead, incorporated in 1976 and 11 years old when the liquidator was appointed.
Directors
0 people have been appointed as directors of Trade Tyre Services Limited.
DirectorStatusAppointedResigned
What happened
EventDateType
Legacy6 July 1988SC71
Legacy10 July 1987AC42
Compulsory liquidationStatus16 February 1987
A selection of documents registered before 1 January 19871 January 1987PRE87
Accounts for a small company made up12 May 1986AA 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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Trade Tyre Services Limited in compulsory liquidation?
- Yes. Trade Tyre Services Limited (company number 01240323) entered compulsory liquidation on 16 February 1987, by order of the court.
- Where is Trade Tyre Services Limited based?
- Trade Tyre Services Limited's registered office is Orchard Street Garage, Orchard Street, Hemel Hempstead, Herts. The registered office is the address held on the public register, which is not always the trading address.
- When was Trade Tyre Services Limited founded?
- Trade Tyre Services Limited was incorporated on 13 January 1976, 11 years before the liquidator was appointed.
- What is Trade Tyre Services Limited's company number?
- Trade Tyre Services Limited's registered company number is 01240323.
- What does liquidation mean for creditors of Trade Tyre Services 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 Trade Tyre Services 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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