Case Studies/Hospitality/TFP (BLACKBURN) LIMITED
Creditors' voluntary liquidation

TFP (BLACKBURN) LIMITED

Incorporated in November 2020, TFP (Blackburn) Limited operated in the hospitality sector from its base in Manchester before entering creditors' voluntary liquidation. The company entered insolvency proceedings with the appointment of joint liquidators on 26 March 2026, which was formally registered on 7 April 2026. Two office holders from BTG Begbies Traynor have been appointed by the members and creditors to manage the winding-up process.

Key facts
Company no.13013226
SectorHospitality
Incorporated12 Nov 2020
Reg. officeManchester M3
Appointed7 Apr 2026
Office holderMark Weekes, BTG Begbies Traynor
The timeline · incorporation → liquidation
12 Nov 2020
Incorporated
Registered as 13013226. Hospitality.
30 Sep 2021
First accounts filed
change-account-reference-date-company-current-extended
12 Apr 2023
Board changes begin
First of the director resignations before failure.
23 Sep 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 5102583 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 5102587
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Filing trajectoryLate filing
Incorporated12 Nov 2020
Last accounts23 Sep 2025
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments3 since 2020
Resignations1 in final 12 mths
Active directors1
Avg tenure1.8 yrs
Practitioner appointedPractitioner
PractitionerMark Weekes
FirmBTG Begbies Traynor
RoleLiquidator
IP numberIP 29790
Appointed26 Mar 2026
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Lessons behind the liquidation

01
Director stability and transition management

The company experienced three director appointments since 2020, resulting in an average tenure of 1.8 years. A single resignation occurred in the final 12 months, leaving just one active director at the time of insolvency. Such leadership transitions in a compact corporate structure can disrupt long-term strategic execution and compromise operational continuity during challenging trading periods.

02
Maintaining statutory compliance to the end

Despite the pressures leading to liquidation, the company maintained its compliance obligations, filing full accounts on 23 September 2025 alongside its confirmation statement. Keeping up with full account filings provides creditors and practitioners with a clear, transparent baseline of the financial position. This diligence ensures that the eventual transition to voluntary liquidation under the Insolvency Act 1986 is guided by recent and complete records.

03
Structured voluntary wind-downs

The appointment of joint liquidators from BTG Begbies Traynor on 26 March 2026 reflects a coordinated decision by members and creditors. Opting for a creditors' voluntary liquidation rather than a compulsory winding-up allows for an orderly realisation of assets. This approach, overseen by registered practitioners, aims to resolve outstanding liabilities systematically.

Pattern context

This case reflects a common pattern where young hospitality businesses struggle to establish long-term leadership stability, eventually turning to voluntary winding-up procedures to resolve accumulated creditor pressures.

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 TFP (BLACKBURN) LIMITED.