Is VAK Property Ltd in creditors' voluntary liquidation?
Last verified 26 June 2026
Yes, VAK Property Ltd (company number 12081316) entered creditors' voluntary liquidation on 19 June 2026, by its creditors. Engin Faik of Cornerstone Business Turnaround and Recovery Limited was appointed as liquidator.
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VAK Property 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 12081316 |
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| Incorporated | 2 July 2019 (7 years old) |
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| Registered office | 124 City Road, London, EC1V 2NX |
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| Nature of business (SIC) | 68310: Real estate agencies |
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| Date entered creditors' voluntary liquidation | 19 June 2026 |
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| Liquidator | Engin Faik, Cornerstone Business Turnaround and Recovery Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
VAK Property Ltd is a UK limited company based in London, incorporated in 2019 and 7 years old when the liquidator was appointed. Its registered activity is real estate agencies (SIC 68310). There have been 4 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
4 people have been appointed as directors of VAK Property Ltd.
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.
Miss Vera Lyubomirova Panayotova
individual person with significant control · Bulgarian · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
2 ceased controls
- Miss Vera Lyubomirova Panayotova · ceased 9 Dec 2024
- Mr Asen Mutafchiiski · ceased 8 Feb 2026
What happened
EventDateType
Statement of affairs6 July 2026LIQ02
Appointment of a voluntary liquidator6 July 2026600
Registered office address changed from 124 City Road London EC1V 2NX England to 136 Hertford Road Enfield Middlesex EN3 5AX on 2026-07-066 July 2026AD01 Creditors' voluntary liquidationStatus19 June 2026
+41 earlier events · 2020 to 2026
Confirmation statement made on 2026-05-29 with updates29 May 2026CS01 Micro company accounts made up to 2025-06-3029 March 2026AA Change of details for Miss Vera Lyubomirova Panayotova as a person with significant control on 2026-02-0613 March 2026PSC04 Change of details for Miss Vera Lyubomirova Panayotova as a person with significant control on 2026-03-034 March 2026PSC04 Registered office address changed from 107 Norfolk Avenue London N13 6AL England to 124 City Road London EC1V 2NX on 2026-03-044 March 2026AD01 Director's details changed for Miss Vera Lyubomirova Panayotova on 2026-03-034 March 2026CH01 Cessation of Asen Mutafchiiski as a person with significant control on 2026-02-088 February 2026PSC07 Appointment of Miss Vera Lyubomirova Panayotova as a director on 2026-02-068 February 2026AP01 Notification of Vera Lyubomirova Panayotova as a person with significant control on 2026-02-068 February 2026PSC01 Termination of appointment of Asen Mutafchiiski as a director on 2026-02-088 February 2026TM01 Change of details for Mr Asen Mutafchiiski as a person with significant control on 2025-07-0426 August 2025PSC04 Registered office address changed from , 20-22 Wenlock Road, London, N1 7GU, England to 107 Norfolk Avenue London N13 6AL on 2025-08-2626 August 2025AD01 Director's details changed for Mr Asen Mutafchiiski on 2025-08-1326 August 2025CH01 Registered office address changed from , 107 Norfolk Avenue, London, N13 6AL, England to 107 Norfolk Avenue London N13 6AL on 2025-08-2626 August 2025AD01 Compulsory strike-off action has been discontinued26 July 2025DISS40 Confirmation statement made on 2025-07-01 with no updates25 July 2025CS01 Micro company accounts made up to 2024-06-3025 July 2025AA Compulsory strike-off action has been suspended11 June 2025DISS16(SOAS) First Gazette notice for compulsory strike-off27 May 2025GAZ1 Compulsory strike-off action has been discontinued26 March 2025DISS40 Confirmation statement made on 2024-07-01 with updates25 March 2025CS01 Notification of Asen Mutafchiiski as a person with significant control on 2025-02-2325 March 2025PSC01 Termination of appointment of Borislav Novakov as a director on 2025-03-2225 March 2025TM01 Appointment of Mr Asen Mutafchiiski as a director on 2025-02-233 March 2025AP01 Cessation of Vera Lyubomirova Panayotova as a person with significant control on 2024-12-092 January 2025PSC07 Termination of appointment of Vera Lyubomirova Panayotova as a director on 2024-12-052 January 2025TM01 Appointment of Mr Borislav Novakov as a director on 2024-12-012 January 2025AP01 Compulsory strike-off action has been suspended16 October 2024DISS16(SOAS) First Gazette notice for compulsory strike-off17 September 2024GAZ1 Micro company accounts made up to 2023-06-306 November 2023AA Confirmation statement made on 2023-07-01 with no updates18 August 2023CS01 Micro company accounts made up to 2022-06-3028 December 2022AA Confirmation statement made on 2022-07-01 with no updates4 August 2022CS01 Micro company accounts made up to 2021-06-3025 March 2022AA Confirmation statement made on 2021-07-01 with no updates14 July 2021CS01 Micro company accounts made up to 2020-06-3025 January 2021AA Previous accounting period shortened from 2020-07-31 to 2020-06-3025 January 2021AA01 Confirmation statement made on 2020-07-01 with no updates4 July 2020CS01 Director's details changed for Miss Vera Lyubomirova Panayotova on 2020-01-2121 January 2020CH01 Change of details for Miss Vera Lyubomirova Panayotova as a person with significant control on 2020-01-099 January 2020PSC04 Director's details changed for Miss Vera Lyubomirova Panayotova on 2020-01-099 January 2020CH01 Incorporation2 July 2019NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Cornerstone Business Turnaround and Recovery Limited). 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 creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is VAK Property Ltd in creditors' voluntary liquidation?
- Yes. VAK Property Ltd (company number 12081316) entered creditors' voluntary liquidation on 19 June 2026, by its creditors. Engin Faik of Cornerstone Business Turnaround and Recovery Limited was appointed as liquidator.
- Who is the liquidator of VAK Property Ltd?
- Engin Faik, a licensed insolvency practitioner at Cornerstone Business Turnaround and Recovery Limited, was appointed liquidator of VAK Property Ltd on 19 June 2026. Creditors can contact the liquidator directly to submit a claim.
- What does VAK Property Ltd do?
- VAK Property Ltd's registered nature of business is real estate agencies (SIC 68310).
- Where is VAK Property Ltd based?
- VAK Property Ltd's registered office is 124 City Road, London, EC1V 2NX. The registered office is the address held on the public register, which is not always the trading address.
- When was VAK Property Ltd founded?
- VAK Property Ltd was incorporated on 2 July 2019, 7 years before the liquidator was appointed.
- What is VAK Property Ltd's company number?
- VAK Property Ltd's registered company number is 12081316.
- Who has significant control of VAK Property Ltd?
- 1 active person with significant control over VAK Property Ltd is on the register: Miss Vera Lyubomirova Panayotova.
- What does liquidation mean for creditors of VAK Property 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 VAK Property 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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