Case Studies/Construction/REALISATION 1243 LTD
Compulsory liquidation

REALISATION 1243 LTD

REALISATION 1243 LTD is tracked from The Gazette and Companies House public record. Compulsory liquidation proceedings were first recorded on 1 April 2026.

Key facts
Company no.05659046
SectorConstruction
Incorporated20 Dec 2005
Reg. officeNorthampton NN3
Appointed1 Apr 2026
Office holderGary Steven Pettit, PBC Business Recovery &
The timeline · incorporation → liquidation
20 Dec 2005
Incorporated
Registered as 05659046. Construction.
9 Jan 2006
Board changes begin
First of the director resignations before failure.
16 Jul 2007
First accounts filed
accounts-with-accounts-type-dormant
28 Aug 2008
Charge registered
Debenture granted to Royal Bank of Scotland PLC.
28 Aug 2008
Charge registered
Security assignment granted to Royal Bank of Scotland PLC.
31 Jan 2019
Charge registered
A registered charge granted to Oaknorth Bank PLC as Security Trustee.
5 Feb 2019
Charge registered
A registered charge granted to Otter Stone Limited.
7 Jan 2020
Charge registered
A registered charge granted to Russell Cade Investments Limited.
7 Jan 2020
Charge registered
A registered charge granted to Russell Cade Investments Limited.
11 Jan 2021
Charge registered
A registered charge granted to Darren Wilson.
23 Nov 2022
Charge registered
A registered charge granted to Paragon Development Finance Limited.
18 Dec 2025
Latest accounts filed
change-account-reference-date-company-previous-shortened
1 Apr 2026
Wound up by the court
Compulsory liquidation.
1 Apr 2026
Gazette notice published
Notice 5098073 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 5098073
EditionThe Gazette
Appointed byThe court
UnderInsolvency Act 1986, s.122
Filing trajectoryLate filing
Incorporated20 Dec 2005
Last accounts18 Dec 2025
Confirmation stmtFiled
Account typeAccounts
Director stabilityBoard churn
Appointments5 since 2005
Resignations0 in final 12 mths
Active directors1
Avg tenure5.2 yrs
Charges & secured creditorsFloating charge
Charges8 registered
InstrumentA registered charge
HolderParagon Development Finance Limited
Registered23 Nov 2022
Statusfully-satisfied
Practitioner appointedPractitioner
PractitionerGary Steven Pettit
FirmPBC Business Recovery &
RoleLiquidator
IP numberIP 9066
Appointed13 Apr 2026
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 REALISATION 1243 LTD.