HomeCompanies in LiquidationUPY Group Ltd

Is UPY Group Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, UPY Group Ltd (company number 15979542) entered creditors' voluntary liquidation on 15 October 2025, by its creditors. Peter John Harold of null was appointed as liquidator.

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UPY Group Ltd 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

StatusIn Creditors' Voluntary Liquidation
Company number15979542
Incorporated25 September 2024 (2 years old)
Registered officeOffice 2 Lythgoe House, Manchester Road, Bolton, BL3 2NZ
Nature of business (SIC)78109: Other activities of employment placement agencies (Recruitment & staffing)
Date entered creditors' voluntary liquidation15 October 2025
LiquidatorPeter John Harold, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

UPY Group Ltd is a recruitment & staffing business based in Bolton, incorporated in 2024 and 1 year old when the liquidator was appointed. Its registered activity is other activities of employment placement agencies (SIC 78109). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

2 people have been appointed as directors of UPY Group Ltd.

DirectorStatusResigned
Sam Jason LilleyActive
Virginijus KrasnickasResigned11 Feb 2025

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.

1 ceased control
  • Mr Virginijus Krasnickas · ceased 11 Feb 2025

What happened

EventDateType
Appointment of a voluntary liquidator22 October 2025600
Resolutions22 October 2025RESOLUTIONS
Statement of affairs22 October 2025LIQ02
Registered office address changed22 October 2025AD01
Creditors' voluntary liquidationStatus15 October 2025
9 earlier events · 2025
Registered office address changed20 February 2025AD01
Registered office address changed19 February 2025AD01
Registered office address changed12 February 2025AD01
Confirmation statement made with updates12 February 2025CS01
Registered office address changed12 February 2025AD01
Termination of appointment as a director11 February 2025TM01
Cessation as a person with significant control11 February 2025PSC07
Notification as a person with significant control8 February 2025PSC01
Appointment as a director8 February 2025AP01
Incorporation25 September 2024NEWINC

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

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Other recruitment & staffing companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is UPY Group Ltd in creditors' voluntary liquidation?
Yes. UPY Group Ltd (company number 15979542) entered creditors' voluntary liquidation on 15 October 2025, by its creditors. Peter John Harold of null was appointed as liquidator.
Who is the liquidator of UPY Group Ltd?
Peter John Harold, a licensed insolvency practitioner at null, was appointed liquidator of UPY Group Ltd on 15 October 2025. Creditors can contact the liquidator directly to submit a claim.
What does UPY Group Ltd do?
UPY Group Ltd's registered nature of business is other activities of employment placement agencies (SIC 78109). It is classified in the recruitment & staffing sector.
Where is UPY Group Ltd based?
UPY Group Ltd's registered office is Office 2 Lythgoe House, Manchester Road, Bolton, BL3 2NZ. The registered office is the address held on the public register, which is not always the trading address.
When was UPY Group Ltd founded?
UPY Group Ltd was incorporated on 25 September 2024, 1 year before the liquidator was appointed.
What is UPY Group Ltd's company number?
UPY Group Ltd's registered company number is 15979542.
Who has significant control of UPY Group Ltd?
1 active person with significant control over UPY Group Ltd is on the register: Mr Sam Jason Lilley.
What does liquidation mean for creditors of UPY Group 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 UPY Group 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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