Is Yungseo Limited in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Yungseo Limited (company number 14497533) entered creditors' voluntary liquidation on 27 March 2025, by its creditors. Craig Johns of null was appointed as liquidator.
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Yungseo 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 | 14497533 |
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| Incorporated | 21 November 2022 (4 years old) |
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| Registered office | Cowgills Limited Fourth Floor Unit 5b, Bolton, BL6 4SD |
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| Nature of business (SIC) | 56101: Licenced restaurants (Hospitality & food) |
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| Date entered creditors' voluntary liquidation | 27 March 2025 |
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| Liquidator | Craig Johns, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Yungseo Limited is a hospitality & food business based in Bolton, incorporated in 2022 and 3 years old when the liquidator was appointed. Its registered activity is licenced restaurants (SIC 56101). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
1 person has been appointed as directors of Yungseo Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Wai Lun Li
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Liquidators' statement of receipts and payments30 April 2026LIQ03
Registered office address changed from 48a George Street Manchester M1 4HF England to Cowgills Limited Fourth Floor Unit 5B the Parklands Bolton BL6 4SD on 2025-04-088 April 2025AD01 Appointment of a voluntary liquidator8 April 2025600
Statement of affairs8 April 2025LIQ02
+5 earlier events · 2023 to 2025
Creditors' voluntary liquidationStatus27 March 2025
Compulsory strike-off action has been suspended8 March 2025DISS16(SOAS) First Gazette notice for compulsory strike-off11 February 2025GAZ1 Micro company accounts made up to 2023-11-305 August 2024AA Confirmation statement made on 2023-11-20 with no updates11 December 2023CS01 Incorporation21 November 2022NEWINC 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 hospitality & food companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Yungseo Limited in creditors' voluntary liquidation?
- Yes. Yungseo Limited (company number 14497533) entered creditors' voluntary liquidation on 27 March 2025, by its creditors. Craig Johns of null was appointed as liquidator.
- Who is the liquidator of Yungseo Limited?
- Craig Johns, a licensed insolvency practitioner at null, was appointed liquidator of Yungseo Limited on 27 March 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Yungseo Limited do?
- Yungseo Limited's registered nature of business is licenced restaurants (SIC 56101). It is classified in the hospitality & food sector.
- Where is Yungseo Limited based?
- Yungseo Limited's registered office is Cowgills Limited Fourth Floor Unit 5b, Bolton, BL6 4SD. The registered office is the address held on the public register, which is not always the trading address.
- When was Yungseo Limited founded?
- Yungseo Limited was incorporated on 21 November 2022, 3 years before the liquidator was appointed.
- What is Yungseo Limited's company number?
- Yungseo Limited's registered company number is 14497533.
- Who has significant control of Yungseo Limited?
- 1 active person with significant control over Yungseo Limited is on the register: Wai Lun Li.
- What does liquidation mean for creditors of Yungseo 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 Yungseo 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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