Is TSG NE Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, TSG NE Ltd (company number 15053092) entered compulsory liquidation on 27 August 2024, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
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TSG NE 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 | 15053092 |
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| Previously known as | - Securicorp Group NE Ltd, Aug 2023 to Apr 2024
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| Incorporated | 7 August 2023 (3 years old) |
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| Registered office | Unit 703e Whinfield Drive, Aycliffe Business Park, Newton Aycliffe, DL5 6AU |
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| Nature of business (SIC) | 43210: Electrical installation (Construction) |
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| Date entered compulsory liquidation | 27 August 2024 |
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| Liquidator | The Official Receiver Or Newcastle, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
TSG NE Ltd is a construction business based in Newton Aycliffe, incorporated in 2023 and 1 year old when the liquidator was appointed. Its registered activity is electrical installation (SIC 43210). There have been 3 director appointments since incorporation.
Directors
3 people have been appointed as directors of TSG NE Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
What happened
EventDateType
Order of court to wind up4 September 2024COCOMP
Cessation as a person with significant control3 September 2024PSC07 Compulsory liquidationStatus27 August 2024
Termination of appointment as a director4 June 2024TM01 Termination of appointment as a director1 June 2024TM01 +12 earlier events · 2024
Registered office address changed1 June 2024AD01 Appointment as a director1 June 2024AP01 Change of details as a person with significant control1 June 2024PSC04 Director's details changed8 May 2024CH01 Confirmation statement made with updates8 May 2024CS01 Certificate of change of name25 April 2024CERTNM Registered office address changed25 April 2024AD01 Notification as a person with significant control25 April 2024PSC01 Termination of appointment as a director24 April 2024TM01 Appointment as a director23 April 2024AP01 Cessation as a person with significant control22 April 2024PSC07 Confirmation statement made with updates18 March 2024CS01 Incorporation7 August 2023NEWINC 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 compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is TSG NE Ltd in compulsory liquidation?
- Yes. TSG NE Ltd (company number 15053092) entered compulsory liquidation on 27 August 2024, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
- Who is the liquidator of TSG NE Ltd?
- The Official Receiver Or Newcastle, a licensed insolvency practitioner at null, was appointed liquidator of TSG NE Ltd on 27 August 2024. Creditors can contact the liquidator directly to submit a claim.
- What does TSG NE Ltd do?
- TSG NE Ltd's registered nature of business is electrical installation (SIC 43210). It is classified in the construction sector.
- Where is TSG NE Ltd based?
- TSG NE Ltd's registered office is Unit 703e Whinfield Drive, Aycliffe Business Park, Newton Aycliffe, DL5 6AU. The registered office is the address held on the public register, which is not always the trading address.
- When was TSG NE Ltd founded?
- TSG NE Ltd was incorporated on 7 August 2023, 1 year before the liquidator was appointed.
- What is TSG NE Ltd's company number?
- TSG NE Ltd's registered company number is 15053092.
- What does liquidation mean for creditors of TSG NE 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 TSG NE 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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