Case Studies/Retail/NAILSEA ELECTRICAL LIMITED
Creditors' voluntary liquidation

NAILSEA ELECTRICAL LIMITED

NAILSEA ELECTRICAL LIMITED is tracked from The Gazette and Companies House public record. Creditors' voluntary liquidation proceedings were first recorded on 25 June 2026.

Key facts
Company no.02906416
SectorRetail
Incorporated9 Mar 1994
Reg. officeBristol BS2
Appointed25 Jun 2026
Office holderMark Boughey, Forvis Mazars
The timeline · incorporation → liquidation
9 Mar 1994
Incorporated
Registered as 02906416. Retail.
16 Mar 1994
Board changes begin
First of the director resignations before failure.
24 Jun 1994
Charge registered
Mortgage debenture granted to National Westminster Bank PLC.
19 Dec 1994
Charge registered
Debenture granted to Barclays Bank PLC.
14 Feb 2000
First accounts filed
accounts-with-accounts-type-small
21 Jun 2000
Charge registered
Legal charge granted to Barclays Bank PLC.
9 Aug 2009
Charge registered
Legal charge granted to Barclays Bank PLC.
26 Feb 2010
Charge registered
Legal charge granted to Barclays Bank PLC.
25 Nov 2020
Charge registered
A registered charge granted to Barclays Security Trustee Limited.
21 May 2021
Charge registered
A registered charge granted to Atom Bank PLC.
21 May 2021
Charge registered
A registered charge granted to Atom Bank PLC.
11 Oct 2023
Latest accounts filed
change-account-reference-date-company-current-extended
31 Jul 2024
Administrator's proposals
Administrators' statement of proposals to creditors.
18 Sep 2024
Result of creditors' meeting
Outcome of the meeting of creditors.
27 Jan 2025
Progress report
Administrators' progress report to creditors.
22 Jul 2025
Progress report
Administrators' progress report to creditors.
14 Aug 2025
Administrator removed
Administrator removed from office.
29 Jan 2026
Progress report
Administrators' progress report to creditors.
18 Jun 2026
Moved to liquidation
Move from administration to creditors' voluntary liquidation.
25 Jun 2026
Liquidator appointed
Creditors' voluntary liquidation.
25 Jun 2026
Gazette notice published
Notice 5161406 in The Gazette.

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 5161406
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Ownership & controlPSC register
Beneficial ownerGilks Holdings Ltd
ControlOwnership of shares 75 to 100%
Owner typeCorporate / legal entity
Controllers3 on record
Filing trajectoryLate filing
Incorporated9 Mar 1994
Last accounts11 Oct 2023
Confirmation stmtOverdue
Account typeAccounts
Director stabilityBoard churn
Appointments5 since 1994
Resignations0 in final 12 mths
Active directors2
Avg tenure11.2 yrs
Director track recordRepeat insolvency
Other appointments20 other companies
Prior insolvencies10 dissolved or insolvent
DisqualificationsNone found
Charges & secured creditorsFloating charge
Charges8 registered
InstrumentA registered charge
HolderAtom Bank PLC
Registered21 May 2021
Statusoutstanding
Practitioner appointedPractitioner
PractitionerMark Boughey
FirmForvis Mazars
RoleLiquidator
IP numberIP 9611
Appointed18 Jun 2026
View profile →
Practitioner appointedPractitioner
PractitionerRebecca Dacre
FirmForvis Mazars
RoleLiquidator
IP numberIP 9572
Appointed18 Jun 2026
View profile →
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 NAILSEA ELECTRICAL LIMITED.