Is Xchangefashion Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Xchangefashion Ltd (company number 08524471) entered creditors' voluntary liquidation on 1 August 2025, by its creditors. Situl Devji Raithatha of null was appointed as liquidator.
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Xchangefashion 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 08524471 |
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| Previously known as | - Crave Liquid Ltd, Aug 2017 to Feb 2018
- Estatelink Ltd, May 2013 to Aug 2017
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| Incorporated | 10 May 2013 (13 years old) |
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| Registered office | 38 De Montfort Street, Leicester, LE1 7GS |
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| Nature of business (SIC) | 13990: Manufacture of other textiles n.e.c. (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 1 August 2025 |
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| Liquidator | Situl Devji Raithatha, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Xchangefashion Ltd is a manufacturing business based in Leicester, incorporated in 2013 and 12 years old when the liquidator was appointed. Its registered activity is manufacture of other textiles n.e.c. (SIC 13990). There have been 8 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.
Directors
8 people have been appointed as directors of Xchangefashion 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 Azahruddin Usmanbhai Kasli
individual person with significant control · Indian · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Mr Balraj Puni · ceased 17 May 2018
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
SatisfiedCorporate Commercial Collections Limited
A registered charge · Created 23 May 2019 · Satisfied 7 Apr 2021
SatisfiedBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 28 Jan 2019 · Satisfied 10 May 2019
What happened
EventDateType
Registered office address changed11 August 2025AD01 Statement of affairs11 August 2025LIQ02
Appointment of a voluntary liquidator11 August 2025600
Creditors' voluntary liquidationStatus1 August 2025
+57 earlier events · 2014 to 2023
Compulsory strike-off action has been suspended22 February 2023DISS16(SOAS) First Gazette notice for compulsory strike-off7 February 2023GAZ1 Micro company accounts made up30 May 2022AA Compulsory strike-off action has been discontinued9 February 2022DISS40 First Gazette notice for compulsory strike-off8 February 2022GAZ1 Confirmation statement made with no updates2 February 2022CS01 Satisfaction of charge in full7 April 2021MR04 Micro company accounts made up24 February 2021AA Confirmation statement made with no updates4 February 2021CS01 Registered office address changed10 August 2020AD01 Micro company accounts made up24 January 2020AA Confirmation statement made with no updates11 December 2019CS01 Director's details changed7 June 2019CH01 Registration of charge , created29 May 2019MR01 Registered office address changed13 May 2019AD01 Satisfaction of charge in full10 May 2019MR04 Accounts for a dormant company made up27 February 2019AA Registration of charge , created18 February 2019MR01 Confirmation statement made with updates15 November 2018CS01 Notification as a person with significant control6 November 2018PSC01 Director's details changed6 November 2018CH01 Termination of appointment as a director13 September 2018TM01 Appointment as a director3 August 2018AP01 Registered office address changed8 June 2018AD01 Appointment as a director18 May 2018AP01 Termination of appointment as a secretary18 May 2018TM02 Termination of appointment as a director18 May 2018TM01 Cessation as a person with significant control18 May 2018PSC07 Confirmation statement made with updates14 May 2018CS01 Micro company accounts made up19 March 2018AA Appointment as a secretary16 February 2018AP03 Registered office address changed31 August 2017AD01 Termination of appointment as a director7 August 2017TM01 Confirmation statement made with updates8 June 2017CS01 Accounts for a dormant company made up23 February 2017AA Termination of appointment as a director9 January 2017TM01 Appointment as a director19 December 2016AP01 Registered office address changed28 September 2016AD01 Registered office address changed26 September 2016AD01 Registered office address changed22 August 2016AD01 Termination of appointment as a director19 August 2016TM01 Appointment as a director19 August 2016AP01 Appointment as a director19 August 2016AP01 Annual return made up with full list of shareholders2 June 2016AR01 Registered office address changed2 June 2016AD01 Accounts for a dormant company made up27 November 2015AA Compulsory strike-off action has been discontinued26 September 2015DISS40 Annual return made up with full list of shareholders23 September 2015AR01 Registered office address changed23 September 2015AD01 First Gazette notice for compulsory strike-off8 September 2015GAZ1 Accounts for a dormant company made up28 January 2015AA Annual return made up with full list of shareholders28 May 2014AR01 Appointment as a director8 May 2014AP01 Termination of appointment as a director23 April 2014TM01 Registered office address changed23 April 2014AD01 Incorporation10 May 2013NEWINC 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 manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Xchangefashion Ltd in creditors' voluntary liquidation?
- Yes. Xchangefashion Ltd (company number 08524471) entered creditors' voluntary liquidation on 1 August 2025, by its creditors. Situl Devji Raithatha of null was appointed as liquidator.
- Who is the liquidator of Xchangefashion Ltd?
- Situl Devji Raithatha, a licensed insolvency practitioner at null, was appointed liquidator of Xchangefashion Ltd on 1 August 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Xchangefashion Ltd do?
- Xchangefashion Ltd's registered nature of business is manufacture of other textiles n.e.c. (SIC 13990). It is classified in the manufacturing sector.
- Where is Xchangefashion Ltd based?
- Xchangefashion Ltd's registered office is 38 De Montfort Street, Leicester, LE1 7GS. The registered office is the address held on the public register, which is not always the trading address.
- When was Xchangefashion Ltd founded?
- Xchangefashion Ltd was incorporated on 10 May 2013, 12 years before the liquidator was appointed.
- What is Xchangefashion Ltd's company number?
- Xchangefashion Ltd's registered company number is 08524471.
- Who has significant control of Xchangefashion Ltd?
- 1 active person with significant control over Xchangefashion Ltd is on the register: Mr Azahruddin Usmanbhai Kasli.
- What does liquidation mean for creditors of Xchangefashion 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 Xchangefashion 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.
Report an error on this page·Not financial, credit or legal advice.