Case Studies/Hospitality/RIDGEGLEN LIMITED
Creditors' voluntary liquidation

RIDGEGLEN LIMITED

Ridgeglen Limited, a hospitality business based in Erskine, has entered creditors' voluntary liquidation. The insolvency process commenced on 24 February 2026 under sections 100 and 109 of the Insolvency Act 1986. The winding up process follows a stable period of operational history since the company was incorporated on 23 August 2016.

Key facts
Company no.SC543518
SectorHospitality
Incorporated23 Aug 2016
Reg. officeErskine PA8
Appointed24 Feb 2026
The timeline · incorporation → liquidation
23 Aug 2016
Incorporated
Registered as SC543518. Hospitality.
18 May 2018
First accounts filed
accounts-with-accounts-type-total-exemption-full
28 May 2025
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
24 Feb 2026
Liquidator appointed
Creditors' voluntary liquidation.
24 Feb 2026
Gazette notice published
Notice 5061448 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 5061448
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Filing trajectoryLate filing
Incorporated23 Aug 2016
Last accounts28 May 2025
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments1 since 2016
Resignations0 in final 12 mths
Active directors1
Avg tenure9.5 yrs

Lessons behind the liquidation

01
Boardroom stability does not guarantee solvency

The company maintained a stable board with an average director tenure of 9.5 years and only 1 director appointment since 2016. With 0 resignations occurring in the final 12 months, leaving 1 active director, this internal stability was not enough to prevent insolvency.

02
Consistent filing history provides transparency

The business filed full accounts on 28 May 2025, maintaining its public record disclosures close to its eventual liquidation on 24 February 2026. This regular reporting ensures that creditors and stakeholders have access to recent financial data.

03
Orderly wind up via statutory pathways

The transition to liquidation was handled voluntarily by members and creditors under sections 100 and 109 of the Insolvency Act 1986, as documented in Gazette Notice 5061448. This structured approach helps ensure a transparent closing process.

Pattern context

This case illustrates a classic pattern where mature hospitality firms with long serving management choose a controlled, voluntary winding up when facing terminal trading difficulties.

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 RIDGEGLEN LIMITED.