Is Xcelerate Gyms Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, Xcelerate Gyms Ltd (company number 12840424) entered compulsory liquidation on 21 August 2024, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
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Xcelerate Gyms Ltd 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 | 12840424 |
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| Incorporated | 27 August 2020 (6 years old) |
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| Registered office | Moorfields 6 South Preston Office Village, Bamber Bridge, Preston, Lancashire, PR5 6BL |
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| Nature of business (SIC) | 94990: Activities of other membership organisations n.e.c. |
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| Date entered compulsory liquidation | 21 August 2024 |
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| Liquidator | The Official Receiver Or London, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Xcelerate Gyms Ltd is a UK limited company based in Preston, incorporated in 2020 and 4 years old when the liquidator was appointed. Its registered activity is activities of other membership organisations n.e.c. (SIC 94990). 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 Xcelerate Gyms Ltd.
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 Mark Anthony Chambers
individual person with significant control · British · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Progress report in a winding up by the court23 March 2026WU07
Appointment of a liquidator19 February 2025WU04
Registered office address changed18 February 2025AD01 Order of court to wind up30 August 2024COCOMP
Compulsory liquidationStatus21 August 2024
+16 earlier events · 2021 to 2023
Registered office address changed10 October 2023AD01 Registered office address changed17 August 2023RP05
Confirmation statement made with updates28 July 2023CS01 Termination of appointment as a director2 March 2023TM01 Total exemption full accounts made up30 January 2023AA Compulsory strike-off action has been discontinued26 October 2022DISS40 First Gazette notice for compulsory strike-off25 October 2022GAZ1 Confirmation statement made with updates20 October 2022CS01 Notification as a person with significant control20 October 2022PSC01 Withdrawal of a person with significant control statement20 October 2022PSC09 Previous accounting period extended24 August 2022AA01 Director's details changed14 June 2022CH01 Director's details changed14 June 2022CH01 Registered office address changed13 June 2022AD01 Confirmation statement made with no updates17 September 2021CS01 Appointment as a director9 February 2021AP01 Incorporation27 August 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
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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Xcelerate Gyms Ltd in compulsory liquidation?
- Yes. Xcelerate Gyms Ltd (company number 12840424) entered compulsory liquidation on 21 August 2024, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
- Who is the liquidator of Xcelerate Gyms Ltd?
- The Official Receiver Or London, a licensed insolvency practitioner at null, was appointed liquidator of Xcelerate Gyms Ltd on 21 August 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Xcelerate Gyms Ltd do?
- Xcelerate Gyms Ltd's registered nature of business is activities of other membership organisations n.e.c. (SIC 94990).
- Where is Xcelerate Gyms Ltd based?
- Xcelerate Gyms Ltd's registered office is Moorfields 6 South Preston Office Village, Bamber Bridge, Preston, Lancashire, PR5 6BL. The registered office is the address held on the public register, which is not always the trading address.
- When was Xcelerate Gyms Ltd founded?
- Xcelerate Gyms Ltd was incorporated on 27 August 2020, 4 years before the liquidator was appointed.
- What is Xcelerate Gyms Ltd's company number?
- Xcelerate Gyms Ltd's registered company number is 12840424.
- Who has significant control of Xcelerate Gyms Ltd?
- 1 active person with significant control over Xcelerate Gyms Ltd is on the register: Mr Mark Anthony Chambers.
- What does liquidation mean for creditors of Xcelerate Gyms 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 Xcelerate Gyms 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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