Case Studies/Retail/AUTOGRAPH LIMITED
Creditors' voluntary liquidation

AUTOGRAPH LIMITED

Established in April 1988, Autograph Limited operated in the retail sector for nearly four decades before entering creditors' voluntary liquidation. The insolvency process commenced with the appointment of joint liquidators from Muras Baker Jones, including Adrian Simcox, on 31 March 2026. The winding up became official on 7 April 2026 under Notice 5102548 in The Gazette, marking the end of a long operational history.

Key facts
Company no.02248477
SectorRetail
Incorporated26 Apr 1988
Reg. officeWolverhampton WV1
Appointed7 Apr 2026
Office holderAdrian Simcox, Muras Baker Jones
The timeline · incorporation → liquidation
26 Apr 1988
Incorporated
Registered as 02248477. Retail.
13 Aug 1991
First accounts filed
accounts-with-accounts-type-small
5 Nov 2001
Charge registered
Rent deposit deed granted to Sun Valley Leisure.
24 Jan 2010
Board changes begin
First of the director resignations before failure.
2 Sep 2010
Charge registered
Debenture granted to Bank of Scotland PLC.
30 Apr 2021
Charge registered
A registered charge granted to Barclays Security Trustee Limited.
17 Jun 2021
Charge registered
A registered charge granted to Barclays Security Trustee Limited.
13 Nov 2024
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
7 Apr 2026
Liquidator appointed
Creditors' voluntary liquidation.
7 Apr 2026
Gazette notice published
Notice 5102548 in The Gazette.
12 Apr 2026
Statement of affairs
Sworn statement of assets and liabilities.

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 5102548
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Financial positionAs at 2026-03-19
Deficiency to creditors£312,722
Estimated assets£19,131
Total liabilities£331,853
Secured creditors£60,333
Unsecured creditors£208,171
Filing trajectoryLate filing
Incorporated26 Apr 1988
Last accounts13 Nov 2024
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments4 since 2010
Resignations0 in final 12 mths
Active directors2
Avg tenure15.6 yrs
Charges & secured creditorsFloating charge
Charges4 registered
InstrumentA registered charge
HolderBarclays Security Trustee Limited
Registered17 Jun 2021
Statusoutstanding
Practitioner appointedPractitioner
PractitionerAdrian Simcox
FirmMuras Baker Jones
RoleLiquidator
IP numberIP 28150
Appointed31 Mar 2026
View profile →
Practitioner appointedPractitioner
PractitionerMark Botwood
FirmMuras Baker Jones
RoleLiquidator
IP numberIP 8965
Appointed31 Mar 2026
View profile →

Lessons behind the liquidation

01
The limits of director longevity

The company maintained a highly stable leadership structure, with an average director tenure of 15.6 years and two active directors remaining in office with zero resignations during the final 12 months. While this continuity suggests strong internal alignment and deep experience, it can also lead to strategic inertia when market conditions shift. Ultimately, historical management stability cannot insulate a firm from severe cash flow pressures.

02
Secured debt obligations

Records show that the company had four outstanding charges registered on 17 June 2021, held by Barclays Security Trustee Limited. Secured charges provide vital capital but also create strict servicing requirements that become difficult to manage during trading downturns. These outstanding liabilities heavily restrict refinancing flexibility, often leaving a voluntary winding up as the only viable route.

03
Filing compliance as a trailing indicator

The company remained compliant with its administrative duties, filing full accounts on 13 November 2024 and keeping its confirmation statements up to date. This regular filing history demonstrates strong corporate governance but serves as a trailing indicator of financial health. External stakeholders must look beyond compliance histories to assess real time viability.

Pattern context

This insolvency reflects the pattern of a mature retail business with exceptionally stable leadership that is ultimately overcome by outstanding secured debt obligations in a challenging trading environment.

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 AUTOGRAPH LIMITED.