Case Studies/Retail/APPLIANCE DIRECT (MORECAMBE) LIMITED
Creditors' voluntary liquidation

APPLIANCE DIRECT (MORECAMBE) LIMITED

APPLIANCE DIRECT (MORECAMBE) LIMITED, a retail company incorporated on 26 Sep 2002, entered creditors' voluntary liquidation under the Insolvency Act 1986, s.100 and s.109. The Gazette notice, Notice 5142218, records that the process was placed before members and creditors, with Opus Restructuring appointed as liquidator on 22 May 2026.

Key facts
Company no.04546333
SectorRetail
Incorporated26 Sep 2002
Reg. officeMilton Keynes MK5
Appointed28 May 2026
Office holderFrank Ofonagoro, Opus Restructuring
The timeline · incorporation → liquidation
26 Sep 2002
Incorporated
Registered as 04546333. Retail.
18 Nov 2002
Board changes begin
First of the director resignations before failure.
25 Nov 2003
First accounts filed
accounts-with-accounts-type-total-exemption-small
25 Aug 2006
Charge registered
Legal charge granted to Furness Building Society.
7 Sep 2006
Charge registered
Legal charge granted to Furness Building Society.
16 Feb 2007
Charge registered
Legal charge granted to Furness Building Society.
1 May 2008
Charge registered
Legal charge granted to Furness Building Society.
1 May 2008
Charge registered
Legal charge granted to Furness Building Society.
22 Jan 2010
Charge registered
Legal charge granted to National Westminster Bank PLC.
22 Jan 2010
Charge registered
Legal charge granted to National Westminster Bank PLC.
1 Mar 2012
Charge registered
Debenture granted to National Westminster Bank PLC.
25 May 2017
Charge registered
A registered charge granted to National Westminster Bank PLC.
25 May 2017
Charge registered
A registered charge granted to National Westminster Bank PLC.
29 Mar 2019
Charge registered
A registered charge granted to National Westminster Bank PLC.
10 Feb 2026
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
28 May 2026
Liquidator appointed
Creditors' voluntary liquidation.
28 May 2026
Gazette notice published
Notice 5142218 in The Gazette.

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 5142218
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Filing trajectoryLate filing
Incorporated26 Sep 2002
Last accounts10 Feb 2026
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments5 since 2002
Resignations0 in final 12 mths
Active directors1
Avg tenure13.0 yrs
Charges & secured creditorsFloating charge
Charges11 registered
InstrumentA registered charge
HolderNational Westminster Bank PLC
Registered29 Mar 2019
Statusfully-satisfied
Practitioner appointedPractitioner
PractitionerFrank Ofonagoro
FirmOpus Restructuring
RoleLiquidator
IP numberIP 24412
Appointed22 May 2026

Lessons behind the liquidation

01
A long incorporation date does not prevent insolvency

The company was incorporated on 26 Sep 2002, which gives the record a long trading horizon before the insolvency event on 2026-05-28. For case studies like this, the key point is that maturity can coexist with formal insolvency, and the public record often captures the legal end point rather than the commercial story behind it.

02
Charge history can show how a business was financed

The record shows 11 registered charges, held by National Westminster Bank PLC, with the charges marked fully-satisfied and a registered charge dated 29 Mar 2019. That tells readers the company had a secured lending history, and that some funding arrangements were already closed off before liquidation was entered.

03
Stable management does not remove the need for an orderly exit

The filing trail shows Full accounts, a confirmation statement filed, and director stability with an average tenure of 13.0 yrs, 5 appointments since 2002, and no resignations in the final 12 mths. In this kind of case, the pattern is one of a company with an established administrative footprint that still came to a creditor-led winding up once the formal insolvency process took over.

Pattern context

This resembles a conventional long-established retail insolvency pattern, where a mature company with settled filings and financing history ultimately moves into creditors' voluntary liquidation rather than an abrupt administrative collapse.

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 APPLIANCE DIRECT (MORECAMBE) LIMITED.