HomeCompanies in LiquidationZoffany Hotels Limited

Is Zoffany Hotels Limited in creditors' voluntary liquidation?

Last verified 26 May 2026
In Creditors' Voluntary LiquidationYes, Zoffany Hotels Limited (company number 02734955) entered creditors' voluntary liquidation on 6 March 2015, by its creditors. Antony David Nygate of null was appointed as liquidator.

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Zoffany Hotels 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.

How the case progressed

  1. Administration
    7 March 2014
  2. Creditors' voluntary liquidation
    6 March 2015

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number02734955
Previously known as
  • Management Services International Limited, Apr 1993 to Nov 1999
  • Emelf Limited, Jul 1992 to Apr 1993
Incorporated28 July 1992 (34 years old)
Registered officeC/O BDO LLP, Liverpool, L2 5RH
Nature of business (SIC)55100: Hotels and similar accommodation (Hospitality & food)
Date entered creditors' voluntary liquidation6 March 2015
LiquidatorAntony David Nygate, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Zoffany Hotels Limited is a hospitality & food business based in Liverpool, incorporated in 1992 and 23 years old when the liquidator was appointed. Its registered activity is hotels and similar accommodation (SIC 55100). There have been 22 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 42 charges have been registered against the company, 4 of which are still outstanding.

Directors

22 people have been appointed as directors of Zoffany Hotels Limited.

DirectorStatusResigned
Philip Matthew Welbourn+ 2 othersActive
Akkeron Hotels Group LimitedActive
James Stephen Brent+ 2 othersResigned4 Aug 2022
Nicholas David Townsend Crawley+ 2 othersResigned1 Feb 2014
Alan John Murray+ 2 othersResigned10 Dec 2013
Robin Evan Collins+ 2 othersResigned22 Dec 2010
16 former directors · resigned 1993 to 2010
David Richard Lewis+ 4 othersResigned22 Dec 2010
David Richard Lewis+ 4 othersResigned22 Dec 2010
Nicholas Davd Townsend Crawley+ 1 otherResigned22 Dec 2010
Robert Edward Boote+ 2 othersResigned14 Sep 2007
Niall Caven+ 2 othersResigned2 Aug 2002
Niall Caven+ 2 othersResigned2 Aug 2002
Nicholas Peter Sonley+ 1 otherResigned2 Aug 2002
Richard John Koch+ 3 othersResigned2 Aug 2002
Robin Anthony Field+ 2 othersResigned2 Aug 2002
Peter Edward CollinsResigned31 Jul 2000
John Matthew MurphyResigned23 May 2000
Richard John Koch+ 3 othersResigned25 Mar 1997
John Richard Martin EdwardsResigned25 Mar 1994
Philip John GreigResigned24 Mar 1993
Christopher Rendell CroftResigned24 Mar 1993
Emco (Nominees) LimitedResigned24 Mar 1993

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 4 outstanding · 38 satisfied.

Status · Creditor · Type · Dates
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 12 Nov 2012 · Satisfied 15 Aug 2013
SatisfiedRobin Evan Collins
Debenture · Created 22 Dec 2010 · Satisfied 5 Sep 2025
OutstandingLloyds Tsb Bank PLC
Mortgage · Created 22 Dec 2010 · Pending
OutstandingLloyds Tsb Bank PLC
Omnibus guarantee and set-off agreement · Created 22 Dec 2010 · Pending
SatisfiedLloyds Tsb Bank PLC
Mortgage deed to secure own liabilities · Created 22 Dec 2010 · Satisfied 15 Aug 2013
36 earlier charges · 1995 to 2010
OutstandingLloyds Tsb Bank PLC
Mortgage deed to secure own liabilities · Created 22 Dec 2010 · Pending
OutstandingLloyds Tsb Bank PLC
Mortgage deed to secure own liabilities · Created 22 Dec 2010 · Pending
Part-satisfiedLloyds Tsb Bank PLC
Debenture · Created 22 Dec 2010
SatisfiedLloyds Tsb Bank PLC
Mortgage deed to secure own liabilities · Created 22 Dec 2010 · Satisfied 15 Aug 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 14 Oct 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Debenture · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 12 Oct 2007
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 18 Jun 2013
SatisfiedThe Governor and Company of the Bank of Scotland
Legal charge · Created 2 Aug 2002 · Satisfied 26 Nov 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Sep 2000 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 27 Jan 2000 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 5 Oct 1999 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 14 Jun 1999 · Satisfied 13 Aug 2002
SatisfiedCounty Hotels Limited
Legal charge · Created 16 Mar 1999 · Satisfied 8 Dec 2000
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 16 Mar 1999 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 16 Mar 1999 · Satisfied 13 Aug 2002
SatisfiedRichard John Koch
Guarantee and debenture · Created 17 Sep 1998 · Satisfied 10 Jan 2002
SatisfiedNational Westminster Bank PLC
Guarantee and debenture · Created 17 Sep 1998 · Satisfied 8 Dec 2000
SatisfiedNational Westminster Bank PLC
Guarantee & debenture · Created 3 Mar 1997 · Satisfied 8 Dec 2000
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Feb 1997 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Feb 1997 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Feb 1997 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Feb 1997 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Mortgage debenture · Created 28 Feb 1997 · Satisfied 13 Aug 2002
SatisfiedNational Westminster Bank PLC
Legal mortgage · Created 28 Feb 1997 · Satisfied 10 Jan 2002
SatisfiedBarclays Bank PLC
Legal charge · Created 30 May 1996 · Satisfied 8 May 1997
SatisfiedIvory & Sime Enterprise Capital PLC
Guarantee and debenture · Created 9 Oct 1995 · Satisfied 21 Jan 1999
SatisfiedRichard John Koch
Guarantee and debenture · Created 9 Oct 1995 · Satisfied 10 Jan 2002
SatisfiedBarclays Bank PLC
Legal charge · Created 9 Oct 1995 · Satisfied 8 May 1997
SatisfiedBarclays Bank PLC
Debenture · Created 4 Jan 1995 · Satisfied 8 May 1997
SatisfiedBarclays Bank PLC
Legal charge · Created 4 Jan 1995 · Satisfied 8 May 1997
SatisfiedBarclays Bank PLC
Legal charge · Created 4 Jan 1995 · Satisfied 8 May 1997
SatisfiedRichard John Koch
Debenture · Created 3 Jan 1995 · Satisfied 10 Jan 1996

What happened

EventDateType
Liquidators' statement of receipts and payments8 May 2026LIQ03
Satisfaction of charge 41 in full5 September 2025MR04
Liquidators' statement of receipts and payments to 2025-03-0528 April 2025LIQ03
Liquidators' statement of receipts and payments to 2024-03-059 May 2024LIQ03
Liquidators' statement of receipts and payments to 2023-03-052 May 2023LIQ03
281 earlier events · 1992 to 2022
Removal of liquidator by court order7 December 2022LIQ10
Appointment of a voluntary liquidator23 November 2022600
Termination of appointment of James Stephen Brent as a director on 2022-08-049 August 2022TM01
Liquidators' statement of receipts and payments to 2022-03-059 May 2022LIQ03
Registered office address changed from Two Snowhill Birmingham B4 6GA to 5 Temple Square Temple Street Liverpool L2 5RH on 2021-10-1111 October 2021AD01
Appointment of a voluntary liquidator28 May 2021600
Liquidators' statement of receipts and payments to 2021-03-0510 May 2021LIQ03
Death of a liquidator21 December 2020LIQ09
Liquidators' statement of receipts and payments to 2020-03-0513 May 2020LIQ03
Liquidators' statement of receipts and payments to 2019-03-0521 May 2019LIQ03
Insolvency filing16 July 2018LIQ MISC
Liquidators' statement of receipts and payments to 2018-03-0522 May 2018LIQ03
Appointment of a voluntary liquidator3 May 2018600
Removal of liquidator by court order3 May 2018LIQ10
Insolvency filing9 November 2017LIQ MISC
Appointment of a voluntary liquidator13 September 2017600
Removal of liquidator by court order11 September 2017LIQ10
Liquidators' statement of receipts and payments to 2017-03-0516 May 20174.68
Insolvency filing7 December 2016LIQ MISC
Appointment of a voluntary liquidator28 September 2016600
Notice of ceasing to act as a voluntary liquidator28 September 20164.40
Liquidators' statement of receipts and payments to 2016-03-0527 May 20164.68
Registered office address changed from 125 Colmore Row Birmingham B3 3SD to Two Snowhill Birmingham B4 6GA on 2016-01-033 January 2016AD01
Appointment of a voluntary liquidator8 April 2015600
Administrator's progress report to 2015-03-068 April 20152.24B
Notice of move from Administration case to Creditors Voluntary Liquidation6 March 20152.34B
Administrator's progress report to 2014-09-0628 October 20142.24B
Notice of deemed approval of proposals15 May 2014F2.18
Statement of administrator's proposal24 April 20142.17B
Appointment of an administrator14 March 20142.12B
Registered office address changed from Hanbury Court Harris Business Park, Hanbury Road Stoke Prior Bromsgrove Worcestershire B60 4JJ United Kingdom on 2014-03-1313 March 2014AD01
Appointment of Akkeron Hotels Group Limited as a director13 March 2014AP02
AdministrationStatus7 March 2014
Termination of appointment of Nicholas Crawley as a director6 February 2014TM01
Termination of appointment of Alan Murray as a director10 December 2013TM01
Legacy11 October 2013GUARANTEE2
Total exemption full accounts made up to 2012-12-317 October 2013AA
Satisfaction of charge 35 in part15 August 2013MR04
Satisfaction of charge 38 in full15 August 2013MR04
Satisfaction of charge 41 in part15 August 2013MR04
Satisfaction of charge 42 in full15 August 2013MR04
Satisfaction of charge 34 in full15 August 2013MR04
Annual return made up to 2013-07-17 with full list of shareholders30 July 2013AR01
Director's details changed for Mr Alan John Murray on 2012-09-0130 July 2013CH01
Director's details changed for Mr Philip Matthew Welbourn on 2012-09-0130 July 2013CH01
Satisfaction of charge 34 in part11 July 2013MR04
Satisfaction of charge 29 in full18 June 2013MR04
Satisfaction of charge 26 in full18 June 2013MR04
Satisfaction of charge 33 in full18 June 2013MR04
Satisfaction of charge 30 in full18 June 2013MR04
Satisfaction of charge 32 in full18 June 2013MR04
Satisfaction of charge 31 in full18 June 2013MR04
Satisfaction of charge 27 in full18 June 2013MR04
Legacy15 November 2012MG01
Current accounting period extended from 2012-10-02 to 2012-12-3129 August 2012AA01
Annual return made up to 2012-07-17 with full list of shareholders24 August 2012AR01
Registered office address changed from Richmond Gate Hotel Richmond Hill Richmond upon Thames Surrey TW10 6RP on 2012-08-2424 August 2012AD01
Full accounts made up to 2011-10-0217 April 2012AA
Previous accounting period shortened from 2012-02-28 to 2011-10-0210 April 2012AA01
Annual return made up to 2011-07-17 with full list of shareholders8 August 2011AR01
Full accounts made up to 2011-02-2721 June 2011AA
Appointment of Nicholas David Townsend Crawley as a director17 February 2011AP01
Termination of appointment of Nicholas Crawley as a director17 February 2011TM01
Appointment of Nicholas Crawley as a director18 January 2011AP01
Registered office address changed from Forest Park Hotel Brockenhurst Hampshire SO42 7ZG on 2011-01-1818 January 2011AD01
Termination of appointment of David Lewis as a secretary18 January 2011TM02
Termination of appointment of David Lewis as a director18 January 2011TM01
Termination of appointment of Robin Collins as a director18 January 2011TM01
Appointment of Philip Matthew Welbourn as a director18 January 2011AP01
Appointment of Mr Alan John Murray as a director18 January 2011AP01
Appointment of James Stephen Brent as a director18 January 2011AP01
Resolutions18 January 2011RESOLUTIONS
Legacy6 January 2011MG01
Full accounts made up to 2010-02-2731 December 2010AA
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Legacy29 December 2010MG01
Annual return made up to 2010-07-17 with full list of shareholders7 September 2010AR01
Full accounts made up to 2009-02-2811 December 2009AA
Legacy7 August 2009363a
Full accounts made up to 2008-03-0110 November 2008AA
Legacy12 August 2008363a
Full accounts made up to 2007-03-0321 December 2007AA
Legacy12 October 2007403a
Legacy21 September 2007288a
Legacy21 September 2007288b
Legacy21 September 2007363a
Legacy9 March 2007363a
Full accounts made up to 2006-02-253 January 2007AA
Full accounts made up to 2005-02-2620 December 2005AA
Legacy2 September 2005363a
Group of companies' accounts made up to 2004-02-2829 December 2004AA
Legacy27 August 2004363s
Group of companies' accounts made up to 2003-03-0131 March 2004AA
Auditor's resignation9 January 2004AUD
Legacy29 August 2003363s
Legacy29 August 2003325
Legacy29 August 2003353
Legacy1 April 2003225
Legacy26 November 2002403a
Legacy16 October 2002395
Legacy20 September 2002287
Auditor's resignation9 September 2002AUD
Resolutions18 August 2002RESOLUTIONS
Legacy18 August 2002155(6)a
Legacy18 August 2002155(6)a
Resolutions18 August 2002RESOLUTIONS
Legacy16 August 2002288b
Legacy16 August 2002288b
Legacy16 August 2002288b
Legacy16 August 2002288b
Legacy16 August 2002288a
Legacy16 August 2002288a
Legacy16 August 2002288a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy13 August 2002403a
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Legacy9 August 2002395
Group of companies' accounts made up to 2002-03-3130 July 2002AA
Legacy18 July 2002363s
Legacy10 January 2002403a
Legacy10 January 2002403a
Legacy10 January 2002403a
Legacy4 December 2001403a
Legacy4 December 2001403a
Group of companies' accounts made up to 2001-03-314 October 2001AA
Legacy7 August 2001363s
Resolutions6 July 2001RESOLUTIONS
Resolutions6 July 2001RESOLUTIONS
Legacy8 December 2000403a
Legacy8 December 2000403a
Legacy8 December 2000403a
Legacy8 December 2000169
Resolutions8 December 2000RESOLUTIONS
Resolutions8 December 2000RESOLUTIONS
Legacy7 October 2000395
Full group accounts made up to 2000-03-3111 September 2000AA
Legacy7 August 2000288b
Legacy18 July 2000363s
Legacy19 June 2000288b
Legacy1 February 2000395
Certificate of change of name24 November 1999CERTNM
Legacy11 November 199988(3)
Legacy11 November 199988(2)R
Legacy11 November 1999122
Legacy11 November 1999123
Resolutions11 November 1999RESOLUTIONS
Resolutions11 November 1999RESOLUTIONS
Resolutions11 November 1999RESOLUTIONS
Resolutions11 November 1999RESOLUTIONS
Resolutions11 November 1999RESOLUTIONS
Resolutions11 November 1999RESOLUTIONS
Legacy12 October 1999395
Full group accounts made up to 1999-03-3113 September 1999AA
Legacy2 August 1999363s
Legacy18 June 1999395
Legacy27 May 1999288a
Legacy2 April 1999395
Legacy25 March 199988(2)R
Legacy25 March 1999123
Memorandum and Articles of Association25 March 1999MEM/ARTS
Resolutions25 March 1999RESOLUTIONS
Resolutions25 March 1999RESOLUTIONS
Resolutions25 March 1999RESOLUTIONS
Legacy19 March 1999395
Legacy19 March 1999395
Legacy21 January 1999403a
Legacy10 December 1998288b
Legacy13 November 1998288a
Legacy13 October 1998122
Resolutions13 October 1998RESOLUTIONS
Resolutions13 October 1998RESOLUTIONS
Resolutions13 October 1998RESOLUTIONS
Full group accounts made up to 1998-03-318 October 1998AA
Legacy30 September 1998395
Legacy29 September 1998395
Legacy30 July 1998363s
Legacy28 January 199888(2)R
Legacy23 December 199788(2)R
Full group accounts made up to 1997-03-3119 December 1997AA
Legacy22 July 1997363s
Legacy8 May 1997403a
Legacy8 May 1997403a
Legacy8 May 1997403a
Legacy8 May 1997403a
Legacy8 May 1997403a
Legacy14 April 1997288a
Legacy8 April 1997288b
Legacy3 April 199788(2)R
Legacy3 April 1997123
Resolutions3 April 1997RESOLUTIONS
Resolutions3 April 1997RESOLUTIONS
Resolutions3 April 1997RESOLUTIONS
Resolutions3 April 1997RESOLUTIONS
Legacy13 March 1997395
Legacy13 March 1997395
Legacy13 March 1997395
Legacy13 March 1997395
Legacy13 March 1997395
Legacy13 March 1997395
Legacy13 March 1997395
Full group accounts made up to 1996-03-315 November 1996AA
Legacy27 September 1996287
Legacy9 August 1996363s
Legacy24 July 1996288
Resolutions1 July 1996RESOLUTIONS
Resolutions1 July 1996RESOLUTIONS
Resolutions1 July 1996RESOLUTIONS
Legacy1 July 199688(2)R
Legacy1 July 1996123
Legacy11 June 1996395
Statement of affairs17 January 1996SA
Legacy17 January 199688(2)O
Legacy12 January 199688(2)P
Legacy10 January 1996403a
Accounts for a small company made up to 1995-03-3128 November 1995AA
Legacy15 November 1995123
Resolutions15 November 1995RESOLUTIONS
Resolutions15 November 1995RESOLUTIONS
Resolutions15 November 1995RESOLUTIONS
Resolutions15 November 1995RESOLUTIONS
Legacy9 November 199588(2)R
Legacy18 October 1995395
Legacy18 October 1995395
Legacy17 October 1995395
Legacy21 July 1995363s
Legacy13 January 1995395
Legacy13 January 199588(2)R
Legacy13 January 1995123
Resolutions13 January 1995RESOLUTIONS
Resolutions13 January 1995RESOLUTIONS
Legacy11 January 1995395
Legacy11 January 1995395
Legacy11 January 1995395
A selection of documents registered before 1 January 19951 January 1995PRE95
Legacy14 November 1994363s
Accounts for a small company made up to 1994-03-3126 September 1994AA
Legacy22 July 1994288
Legacy21 June 1994287
Full accounts made up to 1993-03-315 May 1994AA
Legacy7 April 1994288
Legacy22 August 1993363s
Legacy11 May 199388(2)R
Legacy29 April 1993122
Legacy13 April 1993224
Legacy13 April 1993288
Legacy13 April 1993288
Legacy13 April 1993288
Legacy13 April 199388(2)R
Legacy13 April 1993123
Legacy13 April 1993288
Memorandum and Articles of Association13 April 1993MEM/ARTS
Certificate of change of name1 April 1993CERTNM
Memorandum and Articles of Association31 March 1993MEM/ARTS
Resolutions31 March 1993RESOLUTIONS
Resolutions31 March 1993RESOLUTIONS
Legacy30 March 1993288
Legacy30 March 1993288
Legacy30 March 1993288
Legacy30 March 1993288
Legacy30 March 1993287
Legacy6 October 1992287
Incorporation28 July 1992NEWINC

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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Other hospitality & food companies in creditors' voluntary liquidation

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Zoffany Hotels Limited in creditors' voluntary liquidation?
Yes. Zoffany Hotels Limited (company number 02734955) entered creditors' voluntary liquidation on 6 March 2015, by its creditors. Antony David Nygate of null was appointed as liquidator.
Who is the liquidator of Zoffany Hotels Limited?
Antony David Nygate, a licensed insolvency practitioner at null, was appointed liquidator of Zoffany Hotels Limited on 6 March 2015. Creditors can contact the liquidator directly to submit a claim.
What does Zoffany Hotels Limited do?
Zoffany Hotels Limited's registered nature of business is hotels and similar accommodation (SIC 55100). It is classified in the hospitality & food sector.
Where is Zoffany Hotels Limited based?
Zoffany Hotels Limited's registered office is C/O BDO LLP, Liverpool, L2 5RH. The registered office is the address held on the public register, which is not always the trading address.
When was Zoffany Hotels Limited founded?
Zoffany Hotels Limited was incorporated on 28 July 1992, 23 years before the liquidator was appointed.
What is Zoffany Hotels Limited's company number?
Zoffany Hotels Limited's registered company number is 02734955.
Does Zoffany Hotels Limited have any outstanding charges?
4 outstanding charges are registered against Zoffany Hotels Limited out of 42 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Zoffany Hotels 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 Zoffany Hotels 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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