● In administration
PROJECT LIGHTNING REALISATIONS 2 LIMITED
PROJECT LIGHTNING REALISATIONS 2 LIMITED is tracked from The Gazette and Companies House public record. In administration proceedings were first recorded on 4 February 2026.
The timeline · incorporation → liquidation
22 Oct 1990
Incorporated
Registered as 02550645. Wholesale.
27 May 1991
Charge registered
Legal charge granted to Tsb Bank PLC..
14 Jun 1991
Charge registered
Mortgage debenture granted to Tsb Bank PLC..
2 Jun 1997
Board changes begin
First of the director resignations before failure.
3 Jan 2001
First accounts filed
accounts-with-accounts-type-full
20 Apr 2004
Charge registered
Debenture granted to Lloyds Tsb Bank PLC.
24 Jun 2009
Charge registered
All assets debenture granted to Lloyds Tsb Commercial Finance Limited.
2 Aug 2019
Charge registered
A registered charge granted to Tc Loans I Limited (As Security Trustee).
2 Aug 2019
Charge registered
A registered charge granted to Tc Loans I Limited (As Security Trustee).
25 May 2021
Charge registered
A registered charge granted to Tc Security Trustee Limited Acting as the Security Trustee of the Secured Parties.
25 May 2021
Charge registered
A registered charge granted to Tc Security Trustee Limited Acting as the Security Trustee of the Secured Parties.
30 Jun 2025
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
6 Aug 2025
Charge registered
A registered charge granted to Cynergy Business Finance Limited.
4 Feb 2026
Administrators appointed
In administration.
4 Feb 2026
Gazette notice published
Notice 5047323 in The Gazette.
2 Mar 2026
Administrator's proposals
Administrators' statement of proposals to creditors.
5 Mar 2026
Proposals approved
Notice of deemed approval of the administrators' proposals.
18 May 2026
Statement of affairs
Administrators' statement of the company's affairs.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Insolvency status● Administration
StatusIn administration
Gazette refNotice 5047323
EditionThe Gazette
Appointed byDirectors or a floating-charge holder
UnderInsolvency Act 1986, Sch. B1
Ownership & control● PSC register
Beneficial ownerFastenex (Industrial Fasteners) Limited
ControlOwnership of shares 75 to 100%
Owner typeCorporate / legal entity
Controllers1 on record
Filing trajectory● Late filing
Incorporated22 Oct 1990
Last accounts30 Jun 2025
Confirmation stmtFiled
Account typeFull
Director stability● Board churn
Appointments6 since 1997
Resignations0 in final 12 mths
Active directors2
Avg tenure11.6 yrs
Director track record● Repeat insolvency
Other appointments3 other companies
Prior insolvencies1 dissolved or insolvent
DisqualificationsNone found
Charges & secured creditors● Floating charge
Charges9 registered
InstrumentA registered charge
HolderCynergy Business Finance Limited
Registered6 Aug 2025
Statusfully-satisfied
Practitioner appointed● Practitioner
PractitionerRobert Ferne
FirmBegbies Traynor
RoleAdministrator
IP numberIP 29514
Appointed27 Jan 2026
View profile →Practitioner appointed● Practitioner
PractitionerKirstie Jane Provan
FirmBegbies Traynor
RoleAdministrator
IP numberIP 9681
Appointed27 Jan 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 PROJECT LIGHTNING REALISATIONS 2 LIMITED.