Resolution for winding up (CVL)
Downstair Design Ltd goes into liquidation
In short: Downstair Design Ltd (company no. SC650841) went into creditors' voluntary liquidation, according to a Resolution for winding up (CVL) notice published in The London Gazette on 31 July 2026. The office holders are Ian Wright (IP No. 9227); Brian Milne (IP No. 9381).
The notice announces that Downstairs Design Ltd has passed a special resolution to voluntarily wind up the company and appointed Ian Wright and Brian Milne of Quantuma Advisory Limited as liquidators.
Notice details
- Company
- Downstairs Design Ltd
- Company number
- SC650841
- Registered office
- 431 GREAT WESTERN ROAD, GLASGOW, G4 9JA
- Principal trading address
- 431 GREAT WESTERN ROAD, GLASGOW, G4 9JA
- Liquidator(s)
- Ian Wright (IP No. 9227); Brian Milne (IP No. 9381)
What the last filed accounts showed
As at 31 January 2025 · unaudited · 18 months before the first insolvency notice
Average employees during the period: 3
These are the company's own figures from Companies House, not from the Gazette notice, and they describe its position at that date rather than what it owes now. Negative net assets means liabilities exceeded assets. The full record is on the Downstair Design Ltd company page.
What this notice means
Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
Read more: What is Liquidation?.
What happens next
The liquidator realises the assets, writes to known creditors inviting claims, reports on the directors' conduct, and distributes what is recovered in the order fixed by law — costs of the liquidation, preferential creditors, secured creditors, then unsecured creditors. Claims go to the liquidator named in the notice, not to the company. The company is dissolved once the liquidation is complete.
All notices for Downstair Design Ltd
2 Gazette notices on record for company no. SC650841, newest first. The full history, with last filed accounts, is on the Downstair Design Ltd company record.
- Appointment of liquidators (CVL) 31 Jul 2026
How does this notice affect you?
Choose what applies and we'll point you at the right next step.
A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If DOWNSTAIR DESIGN LTD owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2's founder has turned around UK businesses since 1990, and K2 has backed and restructured them since 2001, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at DOWNSTAIR DESIGN LTD or something similar, start the conversation early.
If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2's founder has helped UK directors turn things around since 1990. Talk to us in confidence.
Is your own business showing the same warning signs?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More liquidation notices
Frequently asked questions
Has Downstair Design Ltd gone into liquidation?
The London Gazette published a Resolution for winding up (CVL) for Downstair Design Ltd (company no. SC650841) on 31 July 2026. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
What does a Resolution for winding up (CVL) mean?
Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
What happens next?
The liquidator realises the assets, writes to known creditors inviting claims, reports on the directors' conduct, and distributes what is recovered in the order fixed by law — costs of the liquidation, preferential creditors, secured creditors, then unsecured creditors. Claims go to the liquidator named in the notice, not to the company. The company is dissolved once the liquidation is complete.
Who is dealing with the liquidation?
The office holders named in the notice: Ian Wright (IP No. 9227); Brian Milne (IP No. 9381). Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.
Why did the company go into liquidation?
The Gazette notice records the legal step, not the cause, so it does not say why the company failed. Its last filed accounts, to 31 January 2025, showed net assets of £708, so any deterioration came after those figures or is not visible in them. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.
How much did the company owe?
The notice does not give a figure. The closest public number is total liabilities of £94k in its last filed accounts, to 31 January 2025. What was owed when the process began will differ, and is set out in the statement of affairs.
How many jobs are affected?
The notice does not say. The last filed accounts recorded an average of 3 employees in the period to 31 January 2025, which is the closest public figure and may be out of date.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.