Case Studies/Hospitality/CAIRN FOODS LIMITED
Compulsory liquidation

CAIRN FOODS LIMITED

Belfast based Cairn Foods Limited, which was incorporated on 4 October 2023, has entered compulsory liquidation under section 122 of the Insolvency Act 1986. Following a court order, the insolvency process was formally registered in The Gazette under Notice 5097634 on 3 April 2026. The hospitality company had not filed any accounts prior to this legal action, with its confirmation statement also listed as overdue.

Key facts
Company no.NI702691
SectorHospitality
Incorporated4 Oct 2023
Reg. officeBelfast BT2
Appointed3 Apr 2026
The timeline · incorporation → liquidation
4 Oct 2023
Incorporated
Registered as NI702691. Hospitality.
2 Nov 2023
Board changes begin
First of the director resignations before failure.
3 Apr 2026
Wound up by the court
Compulsory liquidation.
3 Apr 2026
Gazette notice published
Notice 5097634 in The Gazette.

What the data was telling us

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

Insolvency statusCompulsory
StatusCompulsory liquidation
Gazette refNotice 5097634
EditionThe Gazette
Appointed byThe court
UnderInsolvency Act 1986, s.122
Filing trajectoryLate filing
Incorporated4 Oct 2023
Last accountsNone filed
Confirmation stmtOverdue
Director stabilityBoard churn
Appointments3 since 2023
Resignations1 in final 12 mths
Active directors1
Avg tenure1.3 yrs

Lessons behind the liquidation

01
The risks of undisclosed financial positions

Cairn Foods Limited was wound up without ever filing accounts, and its confirmation statement was left overdue. For suppliers and creditors in the hospitality sector, the absence of public financial data makes credit risk assessment impossible. When compliance is entirely neglected, it often points to severe operational disruption behind the scenes.

02
Governance pressure from board instability

The corporate record reveals three director appointments since 2023 and one resignation in the final 12 months, leaving just one active director. This board churn resulted in an average director tenure of 1.3 years during a critical operational period. A shrinking and unstable leadership structure can leave a company poorly equipped to handle creditor negotiations.

03
Compulsory liquidation as a creditor remedy

The transition to compulsory liquidation by the court under section 122 of the Insolvency Act 1986 reflects a process initiated by external parties. Unlike voluntary options, this court order indicates that the company did not or could not resolve its financial duties through an orderly wind down. This route typically reduces the likelihood of full recovery for outstanding creditors.

Pattern context

This case highlights a pattern where newly incorporated hospitality firms experience administrative neglect and board instability before being wound up by a compulsory court order.

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 CAIRN FOODS LIMITED.