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Worth Recycling Limited Is Worth Recycling Limited in creditors' voluntary liquidation?
Last verified 18 June 2026
Yes, Worth Recycling Limited (company number 16598601) entered creditors' voluntary liquidation on 11 June 2026, by its creditors. Joseph Gordon Maurice Sadler of CFS Restructuring LLP was appointed as liquidator.
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Worth Recycling 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 16598601 |
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| Incorporated | 22 July 2025 (1 years old) |
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| Registered office | Pilsworth Quarry, Pilsworth Road, Bury, BL9 8QZ |
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| Nature of business (SIC) | 39000: Remediation activities and other waste management services |
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| Date entered creditors' voluntary liquidation | 11 June 2026 |
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| Liquidator | Joseph Gordon Maurice Sadler, CFS Restructuring LLP (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Worth Recycling Limited is a UK limited company based in Bury, incorporated in 2025 and 1 year old when the liquidator was appointed. Its registered activity is remediation activities and other waste management services (SIC 39000). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of Worth Recycling Limited.
DirectorStatusAppointedResigned
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 Oliver Nicholas Lee
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Mr Patrick Joseph Hughes · ceased 19 May 2026
What happened
EventDateType
Registered office address changed from Pilsworth Quarry Pilsworth Road Bury BL9 8QZ England to Pilsworth Quarry Pilsworth Road Bury BL9 8QZ on 2026-07-099 July 2026AD01 Notice to Registrar of Companies of Notice of disclaimer28 June 2026NDISC
Appointment of a voluntary liquidator24 June 2026600
Statement of affairs24 June 2026LIQ02
+7 earlier events · 2025 to 2026
Creditors' voluntary liquidationStatus11 June 2026
Cessation of Patrick Joseph Hughes as a person with significant control on 2026-05-1910 June 2026PSC07 Confirmation statement made on 2026-05-19 with updates10 June 2026CS01 Notification of Oliver Nicholas Lee as a person with significant control on 2026-05-1910 June 2026PSC01 Termination of appointment of Ellis Lewis Platt as a director on 2025-11-056 February 2026TM01 Current accounting period shortened from 2026-07-31 to 2025-12-3125 November 2025AA01 Appointment of Mr Oliver Lee as a director on 2025-11-055 November 2025AP01 Incorporation22 July 2025NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (CFS Restructuring LLP). 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 creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Worth Recycling Limited in creditors' voluntary liquidation?
- Yes. Worth Recycling Limited (company number 16598601) entered creditors' voluntary liquidation on 11 June 2026, by its creditors. Joseph Gordon Maurice Sadler of CFS Restructuring LLP was appointed as liquidator.
- Who is the liquidator of Worth Recycling Limited?
- Joseph Gordon Maurice Sadler, a licensed insolvency practitioner at CFS Restructuring LLP, was appointed liquidator of Worth Recycling Limited on 11 June 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Worth Recycling Limited do?
- Worth Recycling Limited's registered nature of business is remediation activities and other waste management services (SIC 39000).
- Where is Worth Recycling Limited based?
- Worth Recycling Limited's registered office is Pilsworth Quarry, Pilsworth Road, Bury, BL9 8QZ. The registered office is the address held on the public register, which is not always the trading address.
- When was Worth Recycling Limited founded?
- Worth Recycling Limited was incorporated on 22 July 2025, 1 year before the liquidator was appointed.
- What is Worth Recycling Limited's company number?
- Worth Recycling Limited's registered company number is 16598601.
- Who has significant control of Worth Recycling Limited?
- 1 active person with significant control over Worth Recycling Limited is on the register: Mr Oliver Nicholas Lee.
- What does liquidation mean for creditors of Worth Recycling 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 Worth Recycling 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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