RFGC GROUP LTD
Glasgow based real estate firm RFGC Group Ltd, which was incorporated on 4 August 2021, has entered compulsory liquidation following a court order. The first public signal of failure emerged on 24 February 2026 under section 122 of the Insolvency Act 1986, as published in Gazette notice 5062429. This transition marks the end of its active trading period, which was supported by significant secured borrowing.
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 company registered 19 outstanding charges, notably with Together Commercial Finance Limited on 24 October 2023. Relying heavily on secured lending against real estate assets exposes a business to severe risk if cash flow cannot service the debt.
Although the average director tenure was 2.0 years across three appointments since 2021, the company experienced one resignation in its final 12 months. This late stage boardroom change can disrupt governance during critical operational phases.
Unlike voluntary procedures, the transition here was initiated by the court under section 122 of the Insolvency Act 1986 on 24 February 2026. This demonstrates the swift and non-negotiable nature of creditor-driven wind-up petitions when debts remain unresolved.
This case reflects a classic property investment insolvency pattern where a highly leveraged real estate portfolio becomes unsustainable, culminating in a swift court-mandated winding-up order by creditors.
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 RFGC GROUP LTD.