Is WEM Marine Ltd in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, WEM Marine Ltd (company number 12518117) entered creditors' voluntary liquidation on 16 January 2024, by its creditors. Greg Whitehead of null was appointed as liquidator.
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WEM Marine 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.
How the case progressed
Administration
13 February 2023
Creditors' voluntary liquidation
16 January 2024
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 12518117 |
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| Incorporated | 16 March 2020 (6 years old) |
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| Registered office | Cobalt Business Exchange, Cobalt Park Way, Newcastle Upon Tyne, NE28 9NZ |
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| Nature of business (SIC) | 50100: Sea and coastal passenger water transport (Transport & logistics) |
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| Date entered creditors' voluntary liquidation | 16 January 2024 |
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| Liquidator | Greg Whitehead, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 15 April 2023, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
WEM Marine Ltd is a transport & logistics business based in Newcastle upon Tyne, incorporated in 2020 and 4 years old when the liquidator was appointed. Its registered activity is sea and coastal passenger water transport (SIC 50100). There have been 2 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control.
Directors
2 people have been appointed as directors of WEM Marine Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr David William Ford
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Mr Andrew John Bagshaw
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
What happened
EventDateType
Liquidators' statement of receipts and payments12 February 2025LIQ03
Appointment of a voluntary liquidator19 February 2024600
Notice of move from Administration case to Creditors Voluntary Liquidation16 January 2024AM22 Administrator's progress report6 September 2023AM10 Notice of deemed approval of proposals17 April 2023AM06
+9 earlier events · 2020 to 2023
Statement of affairs15 April 2023AM02 Statement of administrator's proposal25 March 2023AM03 Registered office address changed13 February 2023AD01 Appointment of an administrator13 February 2023AM01 Micro company accounts made up23 November 2022AA Confirmation statement made with no updates16 March 2022CS01 Micro company accounts made up25 November 2021AA Confirmation statement made with updates14 May 2021CS01 Appointment as a director11 May 2020AP01 Incorporation16 March 2020NEWINC 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 transport & logistics companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is WEM Marine Ltd in creditors' voluntary liquidation?
- Yes. WEM Marine Ltd (company number 12518117) entered creditors' voluntary liquidation on 16 January 2024, by its creditors. Greg Whitehead of null was appointed as liquidator.
- Who is the liquidator of WEM Marine Ltd?
- Greg Whitehead, a licensed insolvency practitioner at null, was appointed liquidator of WEM Marine Ltd on 16 January 2024. Creditors can contact the liquidator directly to submit a claim.
- What does WEM Marine Ltd do?
- WEM Marine Ltd's registered nature of business is sea and coastal passenger water transport (SIC 50100). It is classified in the transport & logistics sector.
- Where is WEM Marine Ltd based?
- WEM Marine Ltd's registered office is Cobalt Business Exchange, Cobalt Park Way, Newcastle Upon Tyne, NE28 9NZ. The registered office is the address held on the public register, which is not always the trading address.
- When was WEM Marine Ltd founded?
- WEM Marine Ltd was incorporated on 16 March 2020, 4 years before the liquidator was appointed.
- What is WEM Marine Ltd's company number?
- WEM Marine Ltd's registered company number is 12518117.
- Who has significant control of WEM Marine Ltd?
- 2 active people with significant control over WEM Marine Ltd are on the register: Mr David William Ford, Mr Andrew John Bagshaw.
- What does liquidation mean for creditors of WEM Marine 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 WEM Marine 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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