Case Studies/Construction/ALPINE FINISHING LIMITED
Creditors' voluntary liquidation

ALPINE FINISHING LIMITED

London based construction firm Alpine Finishing Limited entered creditors voluntary liquidation on 3 April 2026 after operating since its incorporation on 19 August 2013. The company appointed Alan Simon of Expedium as liquidator on 24 March 2026 under the Insolvency Act 1986. This liquidation process followed shortly after the company filed its full accounts on 28 January 2026.

Key facts
Company no.08655641
SectorConstruction
Incorporated19 Aug 2013
Reg. officeLondon N3
Appointed3 Apr 2026
Office holderAlan Simon, Expedium
The timeline · incorporation → liquidation
19 Aug 2013
Incorporated
Registered as 08655641. Construction.
13 Aug 2014
First accounts filed
change-account-reference-date-company-current-extended
28 May 2024
Charge registered
A registered charge granted to Nationwide Finance Limited.
31 Mar 2025
Board changes begin
First of the director resignations before failure.
28 Jan 2026
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
3 Apr 2026
Liquidator appointed
Creditors' voluntary liquidation.
3 Apr 2026
Gazette notice published
Notice 5103307 in The Gazette.
13 Apr 2026
Statement of affairs
Sworn statement of assets and liabilities.
27 Apr 2026
Disclaimer notice
Liquidator's notice disclaiming onerous property.

What the data was telling us

Readings from The Gazette and Companies House, in the firm's final two years.

Insolvency statusCVL
StatusCreditors' voluntary liquidation
Gazette refNotice 5103317
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Financial positionAs at 2026-03-19
Deficiency to creditors£385,404
Estimated assets£16,533
Total liabilities£401,937
Secured creditors£0
Unsecured creditors£382,741
Filing trajectoryLate filing
Incorporated19 Aug 2013
Last accounts28 Jan 2026
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments3 since 2013
Resignations0 in final 12 mths
Active directors2
Avg tenure5.6 yrs
Charges & secured creditorsFloating charge
Charges1 registered
InstrumentA registered charge
HolderNationwide Finance Limited
Registered28 May 2024
Statusfully-satisfied
Practitioner appointedPractitioner
PractitionerAlan Simon
FirmExpedium
RoleLiquidator
IP numberIP 8635
Appointed24 Mar 2026
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Lessons behind the liquidation

01
Director Stability is Not an Absolute Shield

Despite having stable leadership with an average director tenure of 5.6 years and zero resignations in the final 12 months, Alpine Finishing Limited could not avoid insolvency. This demonstrates that management consistency does not protect a construction business from sudden operational pressures. The presence of 2 active directors up to the liquidation date underscores how quickly terminal distress can materialize.

02
Satisfying Debt Does Not Guarantee Viability

The company registered a charge with Nationwide Finance Limited on 28 May 2024 which was subsequently recorded as fully satisfied. While clearing secured debt improves the balance sheet, the process can deplete cash reserves in a capital intensive sector. Eliminating a registered charge is a positive administrative step but does not guarantee ongoing viability if trading margins remain weak.

03
Timely Reporting Precedes Structured Resolution

Alpine Finishing Limited filed full accounts on 28 January 2026, just weeks before appointing a liquidator on 24 March 2026. Maintaining compliance allows a business to transition into a voluntary liquidation under sections 100 and 109 of the Insolvency Act 1986 with clear transparency. Proper administrative compliance ensures that creditors and practitioners have a reliable financial baseline during the wind down.

Pattern context

This case represents a pattern where mature construction businesses maintain high administrative compliance and resolve outstanding charges but ultimately succumb to rapid cash flow pressures.

Indicative basis · modelled across LIQUI's corpus, indicative, not predictive
The full forensic report

Every charge, every filing, every appointment, in one dossier.

Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for ALPINE FINISHING LIMITED.