HomeCompanies in LiquidationVM Fabrics Limited

Is VM Fabrics Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, VM Fabrics Limited (company number 07271510) entered creditors' voluntary liquidation on 26 May 2022, by its creditors. Situl Devji Raithatha of null was appointed as liquidator.

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VM Fabrics 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.

How the case progressed

  1. Administration
    21 February 2022
  2. Creditors' voluntary liquidation
    26 May 2022

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number07271510
Incorporated2 June 2010 (16 years old)
Registered office38 De Montfort Street, Leicester, LE1 7GS
Nature of business (SIC)13200: Weaving of textiles (Manufacturing)
Date entered creditors' voluntary liquidation26 May 2022
LiquidatorSitul Devji Raithatha, null (licensed insolvency practitioner)
Statement of AffairsFiled 9 April 2022, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

VM Fabrics Limited is a manufacturing business based in Leicester, incorporated in 2010 and 12 years old when the liquidator was appointed. Its registered activity is weaving of textiles (SIC 13200). 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. 6 charges have been registered against the company, 1 of which is still outstanding.

Directors

4 people have been appointed as directors of VM Fabrics Limited.

DirectorStatusResigned
Zulekha Mitha+ 1 otherActive
Salim Mohammed Dadabhai+ 1 otherResigned27 Jul 2021
Vince McGeeResigned9 Aug 2019
Vincent John McGeeResigned9 Aug 2019

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.

2 ceased controls
  • Mrs Caroline Mcgee · ceased 1 Jun 2018
  • Mr Vincent Mcgee · ceased 9 Aug 2019

Charges register

Secured creditors and encumbrances against the company. 1 outstanding · 5 satisfied.

Status · Creditor · Type · Dates
SatisfiedSme Invoice Finance Limited
A registered charge · Created 10 Feb 2020 · Satisfied 9 Dec 2021
OutstandingSantander UK PLC
A registered charge · Created 4 May 2018 · Pending
SatisfiedHsbc Asset Finance (UK) LTD, Hsbc Equipment Finance (UK) LTD
A registered charge · Created 12 May 2016 · Satisfied 1 May 2018
SatisfiedHsbc Bank PLC
A registered charge · Created 7 Mar 2016 · Satisfied 1 May 2018
SatisfiedHsbc Invoice Finance(UK)
A registered charge · Created 26 May 2015 · Satisfied 8 May 2018
SatisfiedHsbc Bank PLC
Debenture · Created 4 Oct 2012 · Satisfied 1 May 2018

What happened

EventDateType
Liquidators' statement of receipts and payments to 2026-05-2513 July 2026LIQ03
Liquidators' statement of receipts and payments18 July 2025LIQ03
Liquidators' statement of receipts and payments31 July 2024LIQ03
Liquidators' statement of receipts and payments2 August 2023LIQ03
Appointment of a voluntary liquidator8 June 2022600
56 earlier events · 2011 to 2022
Registered office address changed7 June 2022AD01
Notice of move from Administration case to Creditors Voluntary Liquidation26 May 2022AM22
Establishment of creditors or liquidation committee13 May 2022COM1
Result of meeting of creditors12 May 2022AM07
Statement of administrator's proposal9 April 2022AM03
Statement of affairs9 April 2022AM02
Registered office address changed21 February 2022AD01
Appointment of an administrator21 February 2022AM01
Satisfaction of charge in full9 December 2021MR04
Confirmation statement made with updates15 October 2021CS01
Termination of appointment as a director29 July 2021TM01
Appointment as a director29 July 2021AP01
Full accounts made up10 June 2021AA
Confirmation statement made with updates23 November 2020CS01
Full accounts made up25 February 2020AA
Registration of charge , created12 February 2020MR01
Confirmation statement made with updates10 September 2019CS01
Notification as a person with significant control12 August 2019PSC02
Termination of appointment as a director12 August 2019TM01
Termination of appointment as a secretary12 August 2019TM02
Cessation as a person with significant control12 August 2019PSC07
Change of details as a person with significant control1 July 2019PSC04
Cessation as a person with significant control1 July 2019PSC07
Confirmation statement made with updates1 July 2019CS01
Full accounts made up6 March 2019AA
Registered office address changed19 July 2018AD01
Appointment as a director13 July 2018AP01
Auditor's resignation4 July 2018AUD
Confirmation statement made with updates29 May 2018CS01
Registration of charge , created9 May 2018MR01
Satisfaction of charge in full8 May 2018MR04
Satisfaction of charge in full1 May 2018MR04
Satisfaction of charge in full1 May 2018MR04
Satisfaction of charge in full1 May 2018MR04
Full accounts made up23 February 2018AA
Confirmation statement made with updates25 January 2018CS01
Confirmation statement made with updates19 October 2017CS01
Confirmation statement made with updates5 June 2017CS01
Full accounts made up6 March 2017AA
Annual return made up with full list of shareholders3 June 2016AR01
Registration of charge , created12 May 2016MR01
Registration of charge , created10 March 2016MR01
Full accounts made up18 February 2016AA
Annual return made up with full list of shareholders4 June 2015AR01
Registration of charge , created26 May 2015MR01
Full accounts made up9 March 2015AA
Annual return made up with full list of shareholders3 June 2014AR01
Full accounts made up19 February 2014AA
Annual return made up with full list of shareholders3 June 2013AR01
Registered office address changed1 May 2013AD01
Full accounts made up4 December 2012AA
Legacy5 October 2012MG01
Annual return made up with full list of shareholders18 July 2012AR01
Accounts for a small company made up12 December 2011AA
Annual return made up with full list of shareholders7 July 2011AR01
Previous accounting period shortened23 June 2011AA01
Incorporation2 June 2010NEWINC

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 manufacturing 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 VM Fabrics Limited in creditors' voluntary liquidation?
Yes. VM Fabrics Limited (company number 07271510) entered creditors' voluntary liquidation on 26 May 2022, by its creditors. Situl Devji Raithatha of null was appointed as liquidator.
Who is the liquidator of VM Fabrics Limited?
Situl Devji Raithatha, a licensed insolvency practitioner at null, was appointed liquidator of VM Fabrics Limited on 26 May 2022. Creditors can contact the liquidator directly to submit a claim.
What does VM Fabrics Limited do?
VM Fabrics Limited's registered nature of business is weaving of textiles (SIC 13200). It is classified in the manufacturing sector.
Where is VM Fabrics Limited based?
VM Fabrics Limited's registered office is 38 De Montfort Street, Leicester, LE1 7GS. The registered office is the address held on the public register, which is not always the trading address.
When was VM Fabrics Limited founded?
VM Fabrics Limited was incorporated on 2 June 2010, 12 years before the liquidator was appointed.
What is VM Fabrics Limited's company number?
VM Fabrics Limited's registered company number is 07271510.
Who has significant control of VM Fabrics Limited?
1 active person with significant control over VM Fabrics Limited is on the register: Winkadale Holdings Limited.
Does VM Fabrics Limited have any outstanding charges?
an outstanding charge is registered against VM Fabrics Limited out of 6 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of VM Fabrics 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 VM Fabrics 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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