HomeCompanies in LiquidationVentra 9 Limited

Is Ventra 9 Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Ventra 9 Limited (company number 04628629) entered compulsory liquidation on 7 November 2014, by order of the court. Sean Bucknall of null was appointed as liquidator.

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Ventra 9 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.

How the case progressed

  1. Administration
    16 May 2011
  2. Compulsory liquidation
    7 November 2014

Company at a glance

StatusIn Compulsory Liquidation
Company number04628629
Incorporated6 January 2003 (23 years old)
Registered office3rd Floor 37 Frederick Place, Brighton, East Sussex, BN1 4EA
Date entered compulsory liquidation7 November 2014
LiquidatorSean Bucknall, null (licensed insolvency practitioner)
Statement of AffairsFiled 26 July 2011, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Ventra 9 Limited is a UK limited company based in Brighton, incorporated in 2003 and 11 years old when the liquidator was appointed. There have been 4 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed. 28 charges have been registered against the company, 28 of which are still outstanding.

Directors

4 people have been appointed as directors of Ventra 9 Limited.

DirectorStatusResigned
Viswajit Palasuntheram+ 1 otherActive
Nishma Palasuntheram+ 2 othersActive
London Law Secretarial Limited+ 155 othersResigned6 Jan 2003
London Law Services Limited+ 156 othersResigned6 Jan 2003

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 28 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingBank of Scotland PLC
Debenture · Created 19 Jan 2011 · Pending
OutstandingLloyds Tsb Bank PLC
Deed of admission to an omnibus guarantee and set-off agreement dated 9TH august 2006 and · Created 10 Aug 2010 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 4 Dec 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 24 Nov 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 10 Oct 2008 · Pending
22 earlier charges · 2005 to 2008
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 22 Aug 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 22 Aug 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 22 Aug 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 7 Jul 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage deed · Created 3 Jul 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage deed · Created 3 Jul 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 26 Jun 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 18 Apr 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Deposit agreement to secure own liabilities · Created 12 Apr 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 3 Apr 2008 · Pending
OutstandingLloyds Tsb Bank PLC
Deposit agreement to secure own liabilities · Created 18 Dec 2007 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 30 Nov 2007 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 30 Nov 2006 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 29 Sep 2006 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 15 Aug 2006 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 15 Aug 2006 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 15 Aug 2006 · Pending
OutstandingLloyds Tsb Bank PLC, Lloyds Tsb Bank PLC
Mortgage · Created 14 Aug 2006 · Pending
OutstandingLloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement · Created 9 Aug 2006 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 14 Nov 2005 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 9 Nov 2005 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 14 Sep 2005 · Pending
OutstandingLloyds Tsb Bank PLC
Debenture · Created 14 Sep 2005 · Pending

What happened

EventDateType
Progress report in a winding up by the court16 September 2025WU07
Progress report in a winding up by the court23 September 2024WU07
Progress report in a winding up by the court20 September 2023WU07
Progress report in a winding up by the court21 September 2022WU07
Progress report in a winding up by the court7 October 2021WU07
324 earlier events · 2003 to 2020
Progress report in a winding up by the court6 October 2020WU07
Appointment of a liquidator22 October 2019WU04
Notice of removal of liquidator by court22 October 2019WU14
Progress report in a winding up by the court17 September 2019WU07
Progress report in a winding up by the court29 August 2018WU07
Progress report in a winding up by the court5 October 2017WU07
Insolvency filing30 September 2016LIQ MISC
Registered office address changed20 April 2016AD01
Registered office address changed14 August 2015AD01
Notice of ceasing to act as receiver or manager14 August 2015RM02
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Receiver's abstract of receipts and payments14 August 20153.6
Appointment of a liquidator14 August 20154.31
Notice of ceasing to act as receiver or manager14 August 2015RM02
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Notice of ceasing to act as receiver or manager2 April 2015RM02
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Notice of ceasing to act as receiver or manager2 April 2015RM02
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Receiver's abstract of receipts and payments2 April 20153.6
Notice of ceasing to act as receiver or manager2 April 2015RM02
Receiver's abstract of receipts and payments2 April 20153.6
Notice of ceasing to act as receiver or manager2 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Notice of ceasing to act as receiver or manager1 April 2015RM02
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments1 April 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Notice of ceasing to act as receiver or manager31 March 2015RM02
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Receiver's abstract of receipts and payments31 March 20153.6
Order of court to wind up23 December 2014COCOMP
Order of court to wind up20 November 2014COCOMP
Notice of a court order ending Administration20 November 20142.33B
Compulsory liquidationStatus7 November 2014
Administrator's progress report28 October 20142.24B
Administrator's progress report2 June 20142.24B
Notice of extension of period of Administration12 November 20132.31B
Administrator's progress report29 October 20132.24B
Administrator's progress report2 May 20132.24B
Administrator's progress report17 December 20122.24B
Notice of extension of period of Administration17 December 20122.31B
Receiver's abstract of receipts and payments21 August 20123.6
Administrator's progress report6 June 20122.24B
Notice of extension of period of Administration3 May 20122.31B
Administrator's progress report6 December 20112.24B
Result of meeting of creditors26 October 20112.23B
Secretary's details changed24 October 2011CH03
Director's details changed24 October 2011CH01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Legacy23 August 2011LQ01
Statement of affairs26 July 20112.16B
Statement of administrator's proposal12 July 20112.17B
Appointment of an administrator31 May 20112.12B
Registered office address changed25 May 2011AD01
AdministrationStatus16 May 2011
Full accounts made up5 April 2011AA
Annual return made up with full list of shareholders25 January 2011AR01
Director's details changed25 January 2011CH01
Secretary's details changed25 January 2011CH03
Legacy20 January 2011MG01
Annual return made up with full list of shareholders24 November 2010AR01
Legacy12 August 2010MG01
Full accounts made up2 July 2010AA
Annual return made up with full list of shareholders26 January 2010AR01
Director's details changed25 January 2010CH01
Legacy1 October 2009363a
Accounts for a small company made up17 February 2009AA
Legacy11 December 2008395
Legacy27 November 2008395
Legacy17 October 2008395
Legacy29 August 2008395
Legacy29 August 2008395
Legacy29 August 2008395
Legacy9 July 2008395
Legacy7 July 2008395
Legacy7 July 2008395
Legacy1 July 2008395
Accounts for a small company made up1 May 2008AA
Legacy24 April 2008395
Legacy15 April 2008395
Legacy11 April 2008395
Legacy14 February 2008363s
Legacy21 December 2007395
Legacy6 December 2007395
Accounts for a small company made up15 August 2007AA
Legacy30 January 2007363s
Legacy12 December 2006395
Legacy3 October 2006395
Legacy26 August 2006395
Legacy17 August 2006395
Legacy17 August 2006395
Legacy17 August 2006395
Legacy16 August 2006395
Accounts for a dormant company made up24 April 2006AA
Legacy19 January 2006363s
Legacy16 November 2005395
Legacy12 November 2005395
Legacy21 September 2005395
Legacy21 September 2005395
Legacy15 September 2005363s
Legacy14 January 2005363s
Accounts for a dormant company made up21 July 2004AA
Legacy12 February 2004363s
Accounts for a dormant company made up10 October 2003AA
Legacy24 May 2003225
Legacy24 May 200388(2)R
Legacy8 May 2003287
Legacy8 May 2003288b
Legacy8 May 2003288b
Legacy7 May 2003288a
Legacy7 May 2003288a
Incorporation6 January 2003NEWINC

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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Other companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Ventra 9 Limited in compulsory liquidation?
Yes. Ventra 9 Limited (company number 04628629) entered compulsory liquidation on 7 November 2014, by order of the court. Sean Bucknall of null was appointed as liquidator.
Who is the liquidator of Ventra 9 Limited?
Sean Bucknall, a licensed insolvency practitioner at null, was appointed liquidator of Ventra 9 Limited on 7 November 2014. Creditors can contact the liquidator directly to submit a claim.
Where is Ventra 9 Limited based?
Ventra 9 Limited's registered office is 3rd Floor 37 Frederick Place, Brighton, East Sussex, BN1 4EA. The registered office is the address held on the public register, which is not always the trading address.
When was Ventra 9 Limited founded?
Ventra 9 Limited was incorporated on 6 January 2003, 11 years before the liquidator was appointed.
What is Ventra 9 Limited's company number?
Ventra 9 Limited's registered company number is 04628629.
Does Ventra 9 Limited have any outstanding charges?
28 outstanding charges are registered against Ventra 9 Limited out of 28 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Ventra 9 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 Ventra 9 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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