Case Studies/Retail/SUPERCITY (SCOTLAND) LIMITED
Creditors' voluntary liquidation

SUPERCITY (SCOTLAND) LIMITED

Supercity (Scotland) Limited, a Glasgow-based retail company incorporated on 10 August 2015, entered creditors' voluntary liquidation on 7 April 2026. The winding up began following notices under Section 100 and Section 109 of the Insolvency Act 1986, with liquidators appointed by members and creditors. The move to liquidate follows the filing of full accounts up to 31 October 2025.

Key facts
Company no.SC512737
SectorRetail
Incorporated10 Aug 2015
Reg. officeGlasgow G2
Appointed7 Apr 2026
The timeline · incorporation → liquidation
10 Aug 2015
Incorporated
Registered as SC512737. Retail.
10 Aug 2015
Board changes begin
First of the director resignations before failure.
12 Jan 2017
First accounts filed
change-account-reference-date-company-previous-extended
31 Oct 2025
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
7 Apr 2026
Liquidator appointed
Creditors' voluntary liquidation.
7 Apr 2026
Gazette notice published
Notice 5103111 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 5103111
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Filing trajectoryLate filing
Incorporated10 Aug 2015
Last accounts31 Oct 2025
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments5 since 2015
Resignations0 in final 12 mths
Active directors2
Avg tenure5.7 yrs

Lessons behind the liquidation

01
Compliance Does Not Equal Solvency

Supercity (Scotland) Limited maintained compliance by filing its full accounts up to 31 October 2025 and keeping its confirmation statements up to date. However, regular compliance filings do not shield a retail entity from underlying trading difficulties. The transition to liquidation on 7 April 2026 highlights that administrative orderliness cannot substitute for long-term cash flow stability.

02
Leadership Stability and the Final Transition

With 5 director appointments since 2015 and an average tenure of 5.7 years, the company possessed a stable leadership team. There were 0 resignations in the final 12 months, leaving 2 active directors to oversee the winding up process. This stability suggests that the decision to enter liquidation was a coordinated, orderly step taken by the remaining board members.

03
The Role of Creditor-Led Resolution

The appointment of liquidators under Section 100 and Section 109 of the Insolvency Act 1986 was completed by both members and creditors. This joint involvement shows the structured nature of creditors' voluntary liquidation when winding down retail operations. It ensures that the interests of outstanding creditors are addressed transparently through official Gazette Notice 5103111.

Pattern context

This case resembles the pattern of established retail operators that maintain strong governance standards and stable board structures but ultimately succumb to cash flow challenges, requiring an orderly transition into liquidation.

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 SUPERCITY (SCOTLAND) LIMITED.