Is Wsie Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Wsie Limited (company number SC589829) entered compulsory liquidation on 3 March 2026, by order of the court. Margo Mclenan of null was appointed as liquidator.
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Wsie 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 | SC589829 |
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| Incorporated | 26 February 2018 (8 years old) |
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| Registered office | 1 Union Street, Saltcoats, Ayrshire, KA21 5LL |
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| Nature of business (SIC) | 47799: Retail sale of other second-hand goods in stores (not incl. antiques) (Retail) |
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| Date entered compulsory liquidation | 3 March 2026 |
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| Liquidator | Margo Mclenan, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Wsie Limited is a retail business based in Saltcoats, incorporated in 2018 and 8 years old when the liquidator was appointed. Its registered activity is retail sale of other second-hand goods in stores (not incl. antiques) (SIC 47799). 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 Wsie Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Waseem Ashraf
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Mrs Shazia Saber
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
What happened
EventDateType
Director's details changed25 March 2026CH01 Director's details changed25 March 2026CH01 Registered office address changed25 March 2026AD01 Court order in a winding-up (& Court Order attachment)18 March 2026WU01(Scot)
Confirmation statement made with no updates5 March 2026CS01 +35 earlier events · 2018 to 2026
Compulsory liquidationStatus3 March 2026
Micro company accounts made up23 November 2025AA Change of details as a person with significant control11 September 2025PSC04 Change of details as a person with significant control11 September 2025PSC04 Director's details changed10 September 2025CH01 Director's details changed10 September 2025CH01 Change of details as a person with significant control10 September 2025PSC04 Change of details as a person with significant control10 September 2025PSC04 Confirmation statement made with no updates10 March 2025CS01 Total exemption full accounts made up23 February 2025AA Director's details changed5 December 2024CH01 Director's details changed5 December 2024CH01 Change of details as a person with significant control5 December 2024PSC04 Change of details as a person with significant control5 December 2024PSC04 Confirmation statement made with no updates6 March 2024CS01 Total exemption full accounts made up29 November 2023AA Confirmation statement made with no updates8 March 2023CS01 Change of details as a person with significant control8 March 2023PSC04 Change of details as a person with significant control8 March 2023PSC04 Director's details changed8 March 2023CH01 Director's details changed8 March 2023CH01 Total exemption full accounts made up19 November 2022AA Confirmation statement made with no updates9 March 2022CS01 Total exemption full accounts made up17 October 2021AA Confirmation statement made with no updates11 March 2021CS01 Total exemption full accounts made up20 August 2020AA Confirmation statement made with no updates25 March 2020CS01 Total exemption full accounts made up22 November 2019AA Confirmation statement made with no updates6 March 2019CS01 Director's details changed22 November 2018CH01 Registered office address changed21 November 2018AD01 Change of details as a person with significant control21 November 2018PSC04 Change of details as a person with significant control21 November 2018PSC04 Director's details changed21 November 2018CH01 Director's details changed21 November 2018CH01 Incorporation26 February 2018NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other retail companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Wsie Limited in compulsory liquidation?
- Yes. Wsie Limited (company number SC589829) entered compulsory liquidation on 3 March 2026, by order of the court. Margo Mclenan of null was appointed as liquidator.
- Who is the liquidator of Wsie Limited?
- Margo Mclenan, a licensed insolvency practitioner at null, was appointed liquidator of Wsie Limited on 3 March 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Wsie Limited do?
- Wsie Limited's registered nature of business is retail sale of other second-hand goods in stores (not incl. antiques) (SIC 47799). It is classified in the retail sector.
- Where is Wsie Limited based?
- Wsie Limited's registered office is 1 Union Street, Saltcoats, Ayrshire, KA21 5LL. The registered office is the address held on the public register, which is not always the trading address.
- When was Wsie Limited founded?
- Wsie Limited was incorporated on 26 February 2018, 8 years before the liquidator was appointed.
- What is Wsie Limited's company number?
- Wsie Limited's registered company number is SC589829.
- Who has significant control of Wsie Limited?
- 2 active people with significant control over Wsie Limited are on the register: Mr Waseem Ashraf, Mrs Shazia Saber.
- What does liquidation mean for creditors of Wsie 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 Wsie 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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