Is Welco Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Welco Limited (company number 03542135) entered compulsory liquidation on 4 February 2026, by order of the court. The Official Receiver Or Manchester of null was appointed as liquidator.
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Welco 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.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 03542135 |
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| Incorporated | 7 April 1998 (28 years old) |
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| Registered office | New Dunn Business Park, Sling, Coleford, Gloucestershire, GL16 8JD |
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| Nature of business (SIC) | 70100: Activities of head offices |
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| Date entered compulsory liquidation | 4 February 2026 |
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| Liquidator | The Official Receiver Or Manchester, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Welco Limited is a UK limited company based in Coleford, incorporated in 1998 and 28 years old when the liquidator was appointed. Its registered activity is activities of head offices (SIC 70100). There have been 14 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control. 28 charges have been registered against the company, 1 of which is still outstanding.
Directors
14 people have been appointed as directors of Welco Limited.
DirectorStatusAppointedResigned
+8 former directors · resigned 1998 to 2012
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.
Mr Philip Baden Watkins
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Mrs Lynne Christina Zijlmans
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%
1 ceased control
- Fred Watkins (Estates) Limited · ceased 30 Nov 2022
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 27 satisfied.
Status · Creditor · Type · Dates
OutstandingB2 Bridging LLP
A registered charge · Created 24 Nov 2025 · Pending
SatisfiedUltimate Finance Limited
A registered charge · Created 8 Feb 2018 · Satisfied 10 Jan 2020
SatisfiedUltimate Finance Limited
A registered charge · Created 10 Nov 2017 · Satisfied 10 Jan 2020
SatisfiedCambridge and Counties Bank Limited
A registered charge · Created 13 Sep 2016 · Satisfied 10 Mar 2025
SatisfiedPaula Hills, Mark Edward Hills
A registered charge · Created 28 May 2015 · Satisfied 31 Aug 2017
+22 earlier charges · 2000 to 2015
SatisfiedPaula Hills, Mark Edward Hills
A registered charge · Created 28 May 2015 · Satisfied 31 Aug 2017
SatisfiedFunding 365 Limited
A registered charge · Created 28 May 2015 · Satisfied 31 Aug 2017
SatisfiedFunding 365 Limited
A registered charge · Created 28 May 2015 · Satisfied 23 Sep 2016
SatisfiedFunding 365 Limited
A registered charge · Created 28 May 2015 · Satisfied 25 Aug 2016
SatisfiedShawn Baldwin
A registered charge · Created 11 Apr 2014 · Satisfied 31 Aug 2017
SatisfiedMark Edward Hills
A registered charge · Created 12 Feb 2014 · Satisfied 2 Jun 2015
SatisfiedAldermore Bank PLC
Debenture · Created 1 Nov 2012 · Satisfied 27 Apr 2015
SatisfiedAldermore Bank PLC
A mortgage deed · Created 1 Nov 2012 · Satisfied 25 Mar 2014
SatisfiedWatkins Hire Limited
Legal charge · Created 31 Oct 2012 · Satisfied 25 Mar 2014
SatisfiedWatkins Hire Limited
Debenture · Created 31 Oct 2012 · Satisfied 27 Apr 2015
SatisfiedHsbc Asset Finance (UK) LTD and Hsbc Equipment Finance (UK) LTD
Legal mortgage · Created 28 Nov 2011 · Satisfied 14 Nov 2012
SatisfiedCentric Spv 1 Limited
Composite guarantee and debenture · Created 29 Jan 2010 · Satisfied 27 Sep 2012
SatisfiedPrincipality Building Society (The Society)
Legal charge · Created 19 Sep 2007 · Satisfied 2 Jun 2015
SatisfiedPrincipality Building Society
Legal charge · Created 19 Sep 2007 · Satisfied 27 Sep 2012
SatisfiedBarclays Bank PLC
Guarantee & debenture · Created 25 May 2003 · Satisfied 27 Sep 2012
SatisfiedHsbc Equipment Finance (UK) Limited
Debenture · Created 17 Mar 2003 · Satisfied 7 Sep 2007
SatisfiedHsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
Legal charge · Created 17 Mar 2003 · Satisfied 27 Sep 2012
SatisfiedBarclays Bank PLC
Guarantee & debenture · Created 13 May 2002 · Satisfied 27 Sep 2012
SatisfiedUlstein (U.K.) Limited
Deed creating floating charge · Created 5 Dec 2001 · Satisfied 12 Sep 2007
SatisfiedHsbc Bank PLC
Legal mortgage · Created 1 Jul 2001 · Satisfied 14 Nov 2012
SatisfiedHsbc Bank PLC
Debenture · Created 23 Oct 2000 · Satisfied 14 Nov 2012
SatisfiedYorkshire Bank PLC
Debenture · Created 4 Feb 2000 · Satisfied 7 Sep 2007
SatisfiedUlstein (UK) Limited
Deed creating floating charge · Created 9 Dec 1999 · Satisfied 12 Sep 2007
What happened
EventDateType
Order of court to wind up20 February 2026COCOMP
Compulsory liquidationStatus4 February 2026
Registration of charge , created25 November 2025MR01 Previous accounting period shortened30 September 2025AA01 Total exemption full accounts made up28 May 2025AA +164 earlier events · 1998 to 2025
Confirmation statement made with no updates23 April 2025CS01 Confirmation statement made with no updates10 March 2025CS01 Notification as a person with significant control10 March 2025PSC01 Cessation as a person with significant control10 March 2025PSC07 Satisfaction of charge in full10 March 2025MR04 Total exemption full accounts made up10 May 2024AA Confirmation statement made with updates18 March 2024CS01 Total exemption full accounts made up18 March 2024AA Total exemption full accounts made up25 May 2022AA Confirmation statement made with no updates9 May 2022CS01 Total exemption full accounts made up17 September 2021AA Total exemption full accounts made up11 May 2021AA Confirmation statement made with no updates13 April 2021CS01 Confirmation statement made with no updates22 April 2020CS01 Satisfaction of charge in full10 January 2020MR04 Satisfaction of charge in full10 January 2020MR04 Total exemption full accounts made up25 April 2019AA Compulsory strike-off action has been discontinued9 April 2019DISS40 Confirmation statement made with updates8 April 2019CS01 Compulsory strike-off action has been suspended6 April 2019DISS16(SOAS) First Gazette notice for compulsory strike-off26 February 2019GAZ1 Confirmation statement made with updates23 April 2018CS01 Registration of charge , created9 February 2018MR01 Total exemption full accounts made up30 January 2018AA Registration of charge , created13 November 2017MR01 Compulsory strike-off action has been discontinued8 November 2017DISS40 First Gazette notice for compulsory strike-off31 October 2017GAZ1 Satisfaction of charge in full31 August 2017MR04 Satisfaction of charge in full31 August 2017MR04 Satisfaction of charge in full31 August 2017MR04 Satisfaction of charge in full31 August 2017MR04 Confirmation statement made with updates11 May 2017CS01 Receiver's abstract of receipts and payments24 March 20173.6
Full accounts made up16 January 2017AA Notice of ceasing to act as receiver or manager28 September 2016RM02
Satisfaction of charge in full23 September 2016MR04 Registration of charge , created16 September 2016MR01 Satisfaction of charge in full25 August 2016MR04 Appointment of receiver or manager15 July 2016RM01
Annual return made up with full list of shareholders11 July 2016AR01 Compulsory strike-off action has been discontinued29 June 2016DISS40 First Gazette notice for compulsory strike-off28 June 2016GAZ1 Auditor's resignation2 February 2016AUD
Annual return made up with full list of shareholders7 October 2015AR01 Director's details changed7 October 2015CH01 All of the property or undertaking no longer forms part of charge20 July 2015MR05 Registration of charge , created16 June 2015MR01 Satisfaction of charge in full2 June 2015MR04 Satisfaction of charge in full2 June 2015MR04 Registration of charge , created29 May 2015MR01 Registration of charge , created29 May 2015MR01 Registration of charge , created29 May 2015MR01 Registration of charge , created29 May 2015MR01 Satisfaction of charge in full27 April 2015MR04 Satisfaction of charge in full27 April 2015MR04 Previous accounting period extended9 March 2015AA01 Annual return made up with full list of shareholders2 May 2014AR01 Registration of charge28 April 2014MR01 Group of companies' accounts made up4 April 2014AA Satisfaction of charge in full25 March 2014MR04 Satisfaction of charge in full25 March 2014MR04 Termination of appointment as a director28 February 2014TM01 Termination of appointment as a director28 February 2014TM01 Termination of appointment as a director28 February 2014TM01 Registration of charge15 February 2014MR01 Annual return made up with full list of shareholders18 April 2013AR01 Group of companies' accounts made up8 April 2013AA Legacy16 November 2012MG02 Legacy16 November 2012MG02 Legacy15 November 2012MG02 Legacy15 November 2012MG01 Legacy15 November 2012MG01 Termination of appointment as a director13 November 2012TM01 Legacy8 November 2012MG01 Legacy8 November 2012MG01 Annual return made up with full list of shareholders17 July 2012AR01 Appointment as a director22 June 2012AP01 Group of companies' accounts made up3 April 2012AA Termination of appointment as a secretary9 February 2012TM02 Termination of appointment as a director9 February 2012TM01 Legacy29 November 2011MG01 Appointment as a director9 November 2011AP01 Annual return made up with full list of shareholders11 May 2011AR01 Group of companies' accounts made up6 April 2011AA Legacy1 February 2011MG04 Appointment as a director17 January 2011AP01 Appointment as a director17 January 2011AP01 Appointment as a secretary7 September 2010AP03 Termination of appointment as a secretary7 September 2010TM02 Group of companies' accounts made up11 August 2010AA Annual return made up with full list of shareholders20 July 2010AR01 Director's details changed23 March 2010CH01 Director's details changed23 March 2010CH01 Director's details changed23 March 2010CH01 Secretary's details changed23 March 2010CH03 Legacy3 February 2010MG01 Group of companies' accounts made up4 April 2009AA Group of companies' accounts made up6 February 2008AA Legacy22 September 2007395 Legacy22 September 2007395 Legacy12 September 2007403a Legacy12 September 2007403a Legacy7 September 2007403a Legacy7 September 2007403a Group of companies' accounts made up19 March 2007AA Group of companies' accounts made up20 April 2006AA Group of companies' accounts made up12 January 2005AA Group of companies' accounts made up3 March 2004AA Group of companies' accounts made up8 April 2003AA Group of companies' accounts made up28 February 2002AA Legacy28 December 2001288a Legacy21 December 2001395 Legacy13 December 2001288a Legacy13 December 2001288a Legacy13 December 2001288a Full accounts made up27 February 2001AA Legacy15 February 2000395 Full accounts made up10 February 2000AA Legacy22 December 1999395 Legacy16 February 1999287 Incorporation7 April 1998NEWINC 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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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Welco Limited in compulsory liquidation?
- Yes. Welco Limited (company number 03542135) entered compulsory liquidation on 4 February 2026, by order of the court. The Official Receiver Or Manchester of null was appointed as liquidator.
- Who is the liquidator of Welco Limited?
- The Official Receiver Or Manchester, a licensed insolvency practitioner at null, was appointed liquidator of Welco Limited on 4 February 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Welco Limited do?
- Welco Limited's registered nature of business is activities of head offices (SIC 70100).
- Where is Welco Limited based?
- Welco Limited's registered office is New Dunn Business Park, Sling, Coleford, Gloucestershire, GL16 8JD. The registered office is the address held on the public register, which is not always the trading address.
- When was Welco Limited founded?
- Welco Limited was incorporated on 7 April 1998, 28 years before the liquidator was appointed.
- What is Welco Limited's company number?
- Welco Limited's registered company number is 03542135.
- Who has significant control of Welco Limited?
- 2 active people with significant control over Welco Limited are on the register: Mr Philip Baden Watkins, Mrs Lynne Christina Zijlmans.
- Does Welco Limited have any outstanding charges?
- an outstanding charge is registered against Welco 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 Welco 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 Welco 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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