HomeCompanies in LiquidationXeitresp Limited

Is Xeitresp Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Xeitresp Limited (company number SC599886) entered compulsory liquidation on 4 February 2025, by order of the court. Michael James Meston Reid of null was appointed as liquidator.

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Xeitresp 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

StatusIn Compulsory Liquidation
Company numberSC599886
Incorporated13 June 2018 (8 years old)
Registered office12 Carden Place, Aberdeen, Aberdeenshire, AB10 1UR
Nature of business (SIC)70229: Management consultancy activities other than financial management
Date entered compulsory liquidation4 February 2025
LiquidatorMichael James Meston Reid, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Xeitresp Limited is a UK limited company based in Aberdeen, incorporated in 2018 and 7 years old when the liquidator was appointed. Its registered activity is management consultancy activities other than financial management (SIC 70229). There have been 7 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

7 people have been appointed as directors of Xeitresp Limited.

DirectorStatusResigned
Paigham MustafaActive
Paigham MustafaActive
Olamide SoyomboResigned30 Jun 2023
Shahida MustafaResigned20 Jun 2021
Olamide SoyomboResigned14 Apr 2021
Paigham MustafaResigned15 Jan 2020
Paigham MustafaResigned9 Sep 2019

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.

1 ceased control
  • Mr Olamide Soyombo · ceased 16 Jun 2024

What happened

EventDateType
Total exemption full accounts made up27 February 2025AA
Registered office address changed21 February 2025AD01
Court order in a winding-up (& Court Order attachment)18 February 2025WU01(Scot)
Compulsory liquidationStatus4 February 2025
Confirmation statement made with updates28 November 2024CS01
28 earlier events · 2019 to 2024
Cessation as a person with significant control3 November 2024PSC07
Registered office address changed17 September 2024AD01
Total exemption full accounts made up10 November 2023AA
Notification as a person with significant control15 September 2023PSC01
Confirmation statement made with updates7 September 2023CS01
Termination of appointment as a director1 July 2023TM01
Confirmation statement made with no updates26 April 2023CS01
Confirmation statement made with no updates15 November 2022CS01
Total exemption full accounts made up14 November 2022AA
Confirmation statement made with no updates3 December 2021CS01
Confirmation statement made with updates11 October 2021CS01
Unaudited abridged accounts made up7 July 2021AA
Appointment as a director2 July 2021AP01
Termination of appointment as a director23 June 2021TM01
Appointment as a director14 April 2021AP01
Termination of appointment as a director14 April 2021TM01
Confirmation statement made with no updates1 December 2020CS01
Appointment as a director25 November 2020AP01
Unaudited abridged accounts made up1 September 2020AA
Confirmation statement made with no updates16 June 2020CS01
Termination of appointment as a director28 January 2020TM01
Registered office address changed25 November 2019AD01
Change of details as a person with significant control4 October 2019PSC04
Appointment as a director4 October 2019AP01
Termination of appointment as a director9 September 2019TM01
Appointment as a director9 September 2019AP01
Total exemption full accounts made up31 July 2019AA
Confirmation statement made with no updates17 June 2019CS01
Incorporation13 June 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

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Other companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Xeitresp Limited in compulsory liquidation?
Yes. Xeitresp Limited (company number SC599886) entered compulsory liquidation on 4 February 2025, by order of the court. Michael James Meston Reid of null was appointed as liquidator.
Who is the liquidator of Xeitresp Limited?
Michael James Meston Reid, a licensed insolvency practitioner at null, was appointed liquidator of Xeitresp Limited on 4 February 2025. Creditors can contact the liquidator directly to submit a claim.
What does Xeitresp Limited do?
Xeitresp Limited's registered nature of business is management consultancy activities other than financial management (SIC 70229).
Where is Xeitresp Limited based?
Xeitresp Limited's registered office is 12 Carden Place, Aberdeen, Aberdeenshire, AB10 1UR. The registered office is the address held on the public register, which is not always the trading address.
When was Xeitresp Limited founded?
Xeitresp Limited was incorporated on 13 June 2018, 7 years before the liquidator was appointed.
What is Xeitresp Limited's company number?
Xeitresp Limited's registered company number is SC599886.
Who has significant control of Xeitresp Limited?
1 active person with significant control over Xeitresp Limited is on the register: Mr Paigham Mustafa.
What does liquidation mean for creditors of Xeitresp 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 Xeitresp 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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