Case Studies/Real estate/MY BASE LIMITED
Compulsory liquidation

MY BASE LIMITED

My Base Limited, a Belfast based real estate company incorporated on 4 July 2017, was wound up by court order on 3 April 2026. The compulsory liquidation commenced under section 122 of the Insolvency Act 1986, following Notice 5097627 in The Gazette. The company entered insolvency having previously maintained active operations with two directors since its incorporation.

Key facts
Company no.NI646760
SectorReal estate
Incorporated4 Jul 2017
Reg. officeBelfast BT2
Appointed3 Apr 2026
The timeline · incorporation → liquidation
4 Jul 2017
Incorporated
Registered as NI646760. Real estate.
24 Apr 2018
First accounts filed
change-account-reference-date-company-previous-shortened
25 Nov 2025
Latest accounts filed
accounts-with-accounts-type-micro-entity
3 Apr 2026
Wound up by the court
Compulsory liquidation.
3 Apr 2026
Gazette notice published
Notice 5097627 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 5097627
EditionThe Gazette
Appointed byThe court
UnderInsolvency Act 1986, s.122
Filing trajectoryLate filing
Incorporated4 Jul 2017
Last accounts25 Nov 2025
Confirmation stmtFiled
Account typeMicro-entity
Director stabilityBoard churn
Appointments2 since 2017
Resignations0 in final 12 mths
Active directors2
Avg tenure8.8 yrs

Lessons behind the liquidation

01
Stable board composition is no guarantee of solvency

The company maintained a stable leadership team with two active directors and an average tenure of 8.8 years, showing zero resignations in its final 12 months. However, this management continuity did not prevent the onset of insolvency proceedings. Internal board stability cannot always insulate a business from external creditor pressures.

02
Micro-entity filing limits the visibility of distress

My Base Limited filed micro-entity accounts as recently as 25 November 2025, providing limited public financial disclosure. For creditors, this highlights the challenge of assessing credit risk when relying on simplified reporting frameworks. Abrupt transitions to compulsory liquidation can occur despite up to date micro-entity filings.

03
The sudden finality of court ordered liquidation

Unlike voluntary procedures, the compulsory liquidation of My Base Limited on 3 April 2026 was initiated by court order under section 122 of the Insolvency Act 1986. This highlights how unresolved creditor disputes can lead directly to winding up petitions. Businesses must address statutory demands swiftly to avoid the sudden cessation of trading.

Pattern context

This case reflects a broader pattern where property entities maintaining minimal disclosure through micro-entity filings are suddenly overtaken by compulsory legal actions initiated by creditors.

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 MY BASE LIMITED.