DELI-LITES (NEWRY) LIMITED
Deli-Lites (Newry) Limited, a hospitality business incorporated on 2 November 2000 and based in Belfast, entered compulsory liquidation on 3 April 2026. The winding up order was made by the court under section 122 of the Insolvency Act 1986, as recorded in Gazette Notice 5097279.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Lessons behind the liquidation
Despite an average director tenure of 12.7 years and zero resignations in the final 12 months, the two active directors could not prevent a compulsory liquidation. This shows that long-term governance continuity is no shield against critical financial distress when a court-ordered winding up is initiated under section 122 of the Insolvency Act 1986.
The company filed micro-entity accounts as recently as 21 March 2025. While compliant with statutory requirements, the limited disclosures inherent in micro-entity filings can obscure escalating cash flow pressures from external observers until the court intervenes.
Outstanding charges dating back to 31 January 2017, held by The Governor and Company of the Bank or Ireland, remained active at the point of liquidation. This indicates that long-standing secured debt arrangements can remain unresolved even as a company moves towards a compulsory winding up.
This case represents a pattern where long-established trading entities with stable board structures and active secured debt lines are abruptly brought to an end through creditor-led court petitions rather than voluntary restructuring.
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 DELI-LITES (NEWRY) LIMITED.
