HomeCompanies in LiquidationVision Asset Finance Limited

Is Vision Asset Finance Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Vision Asset Finance Limited (company number NI036926) entered creditors' voluntary liquidation on 20 November 2024, by its creditors. Darren Mcmath of null was appointed as liquidator.

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Vision Asset Finance Limited 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 numberNI036926
Previously known as
  • Vision Business Solutions Limited, Sep 1999 to Jan 2003
Incorporated15 September 1999 (27 years old)
Registered office27 College Gardens, Belfast, County Antrim, BT9 6BS
Nature of business (SIC)64910: Financial leasing
Date entered creditors' voluntary liquidation20 November 2024
LiquidatorDarren Mcmath, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Vision Asset Finance Limited is a UK limited company based in Belfast, incorporated in 1999 and 25 years old when the liquidator was appointed. Its registered activity is financial leasing (SIC 64910). There have been 4 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 3 people with significant control. 15 charges have been registered against the company, 2 of which are still outstanding.

Directors

4 people have been appointed as directors of Vision Asset Finance Limited.

DirectorStatusResigned
Trevor Raymond FinlayActive
David George PrestonResigned14 Apr 2022
Sonya Karen FinlayResigned8 Dec 2004
Trevor FinlayResigned8 Dec 2004

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
  • Tobermore Holdings Limited · ceased 25 Mar 2022

Charges register

Secured creditors and encumbrances against the company. 2 outstanding · 13 satisfied.

Status · Creditor · Type · Dates
OutstandingProven Legacy Limited
A registered charge · Created 24 Oct 2023 · Pending
OutstandingTobermore Holdings Limited
A registered charge · Created 12 Feb 2020 · Pending
SatisfiedThe Co-Operative Bank PLC
Schedule to a master charge · Created 4 Jan 2011 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Schedule to a master charge · Created 20 Aug 2010 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Schedule to a master charge · Created 2 Jun 2010 · Satisfied 27 Nov 2014
9 earlier charges · 2007 to 2010
SatisfiedThe Co-Operative Bank PLC
Schedule to a master charge · Created 2 Jun 2010 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 10 Jul 2009 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 9 Mar 2009 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 11 Nov 2008 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 6 Oct 2008 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 16 Jul 2008 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 10 Jul 2008 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 31 Mar 2008 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 19 Dec 2007 · Satisfied 27 Nov 2014
SatisfiedThe Co-Operative Bank PLC
Mortgage or charge · Created 19 Dec 2007 · Satisfied 28 Nov 2014

What happened

EventDateType
Statement of receipts and payments10 December 20254.69(NI)
Registered office address changed4 December 2024AD01
Statement of affairs28 November 20244.21(NI)
Appointment of a liquidator28 November 2024VL1
Resolutions28 November 2024RESOLUTIONS
102 earlier events · 1999 to 2024
Creditors' voluntary liquidationStatus20 November 2024
Confirmation statement made with updates16 April 2024CS01
Notification as a person with significant control21 February 2024PSC02
Cessation as a person with significant control21 February 2024PSC07
Second filing of Confirmation Statement dated16 February 2024RP04CS01
Total exemption full accounts made up20 December 2023AA
Registration of charge , created3 November 2023MR01
Confirmation statement made with updates3 April 2023CS01
Total exemption full accounts made up30 December 2022AA
Termination of appointment as a secretary14 April 2022TM02
Confirmation statement made with updates25 March 2022CS01
Change of details as a person with significant control25 March 2022PSC05
Total exemption full accounts made up3 December 2021AA
Confirmation statement made with no updates25 March 2021CS01
Total exemption full accounts made up30 June 2020AA
Confirmation statement made with no updates25 March 2020CS01
Registration of charge , created12 February 2020MR01
Total exemption full accounts made up6 December 2019AA
Director's details changed18 October 2019CH01
Secretary's details changed18 October 2019CH03
Confirmation statement made with updates25 March 2019CS01
Total exemption full accounts made up26 November 2018AA
Confirmation statement made with no updates15 September 2018CS01
Total exemption full accounts made up20 December 2017AA
Confirmation statement made with no updates15 September 2017CS01
Total exemption small company accounts made up28 December 2016AA
Confirmation statement made with updates15 September 2016CS01
Memorandum and Articles of Association18 September 2015MA
Annual return made up with full list of shareholders15 September 2015AR01
Total exemption small company accounts made up9 September 2015AA
Resolutions10 August 2015RESOLUTIONS
Registered office address changed9 June 2015AD01
Total exemption small company accounts made up29 December 2014AA
Legacy5 December 2014ANNOTATION
Legacy5 December 2014ANNOTATION
Satisfaction of charge in full28 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
All of the property or undertaking has been released and no longer forms part of charge27 November 2014MR05
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Satisfaction of charge in full27 November 2014MR04
Annual return made up with full list of shareholders23 September 2014AR01
Total exemption small company accounts made up30 December 2013AA
Annual return made up with full list of shareholders17 September 2013AR01
Total exemption small company accounts made up2 January 2013AA
Annual return made up with full list of shareholders16 October 2012AR01
Total exemption small company accounts made up4 January 2012AA
Annual return made up with full list of shareholders23 September 2011AR01
Legacy19 January 2011MG01
Annual return made up with full list of shareholders12 October 2010AR01
Legacy1 September 2010MG01
Total exemption small company accounts made up18 June 2010AA
Legacy10 June 2010MG01
Legacy10 June 2010MG01
Legacy19 September 2009AC(NI)
Legacy11 September 2009371S(NI)
Particulars of a mortgage charge27 July 2009402(NI)
Particulars of a mortgage charge23 March 2009402R(NI)
Particulars of a mortgage charge21 November 2008402R(NI)
Particulars of a mortgage charge22 October 2008402(NI)
Legacy10 September 2008371S(NI)
Particulars of a mortgage charge28 July 2008402(NI)
Particulars of a mortgage charge28 July 2008402(NI)
Legacy25 July 2008AC(NI)
Particulars of a mortgage charge11 April 2008402(NI)
Legacy17 February 2008AC(NI)
Particulars of a mortgage charge9 January 2008402(NI)
Particulars of a mortgage charge9 January 2008402(NI)
Legacy25 September 2007371S(NI)
Legacy29 May 2007295(NI)
Legacy16 November 2006AC(NI)
Legacy21 September 2006371S(NI)
Legacy15 May 2006233(NI)
Legacy13 October 2005371S(NI)
Legacy20 June 2005AC(NI)
Legacy25 January 2005296(NI)
Legacy6 January 2005296(NI)
Legacy18 September 2004371S(NI)
Legacy24 January 2004AC(NI)
Legacy12 November 2003371S(NI)
Legacy14 March 2003AC(NI)
Legacy31 January 2003371S(NI)
Legacy31 January 2003295(NI)
Legacy24 January 2003CNRES(NI)
Legacy24 January 2003UDM+A(NI)
Legacy19 July 2002AC(NI)
Legacy21 January 2002371S(NI)
Legacy27 June 2001AC(NI)
Legacy11 February 2001371S(NI)
Legacy5 October 1999G98-2(NI)
Legacy23 September 1999296(NI)
Legacy15 September 1999G23(NI)
Legacy15 September 1999G21(NI)
Legacy15 September 1999MEM(NI)
Legacy15 September 1999ARTS(NI)

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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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Vision Asset Finance Limited in creditors' voluntary liquidation?
Yes. Vision Asset Finance Limited (company number NI036926) entered creditors' voluntary liquidation on 20 November 2024, by its creditors. Darren Mcmath of null was appointed as liquidator.
Who is the liquidator of Vision Asset Finance Limited?
Darren Mcmath, a licensed insolvency practitioner at null, was appointed liquidator of Vision Asset Finance Limited on 20 November 2024. Creditors can contact the liquidator directly to submit a claim.
What does Vision Asset Finance Limited do?
Vision Asset Finance Limited's registered nature of business is financial leasing (SIC 64910).
Where is Vision Asset Finance Limited based?
Vision Asset Finance Limited's registered office is 27 College Gardens, Belfast, County Antrim, BT9 6BS. The registered office is the address held on the public register, which is not always the trading address.
When was Vision Asset Finance Limited founded?
Vision Asset Finance Limited was incorporated on 15 September 1999, 25 years before the liquidator was appointed.
What is Vision Asset Finance Limited's company number?
Vision Asset Finance Limited's registered company number is NI036926.
Who has significant control of Vision Asset Finance Limited?
3 active people with significant control over Vision Asset Finance Limited are on the register: Tobermore Holdings Limited, Mr Trevor Raymond Finlay, Mrs Sonya Karen Finlay.
Does Vision Asset Finance Limited have any outstanding charges?
2 outstanding charges are registered against Vision Asset Finance Limited out of 15 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Vision Asset Finance 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 Vision Asset Finance 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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