LUDGATE PROJECT SOLUTIONS LTD
Leeds based construction firm Ludgate Project Solutions Ltd, incorporated on 23 July 2019, has entered into a creditors' voluntary liquidation. Matthew Russell of Lewis Business Recovery was appointed as one of 2 joint liquidators on 9 April 2026. The transition to liquidation was recorded on 16 April 2026 under the Insolvency Act 1986.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Lessons behind the liquidation
The firm maintained high director stability with only 1 appointment since 2019 and zero resignations in the final 12 months. This consistent leadership, averaging a tenure of 6.8 years, was ultimately unable to shield the business from the headwinds that led to its liquidation in April 2026.
Ludgate Project Solutions Ltd remained compliant with its filings, submitting full accounts as recently as 25 April 2025. This regular reporting structure shows that standard compliance tracking may not fully capture rapidly developing cash flow pressures in the construction market.
The appointment of 2 joint liquidators on 9 April 2026 under s.100 and s.109 of the Insolvency Act 1986 underscores the complexity of winding down construction operations. Collaborative oversight by professionals like Matthew Russell is often necessary to systematically address outstanding creditor claims and manage project contracts.
This case reflects a common pattern where single-director construction firms maintain regular accounting compliance but ultimately succumb to rapid sector liquidity challenges.
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 LUDGATE PROJECT SOLUTIONS LTD.