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Resolution for winding up (MVL)

Excelfirst Limited enters members' voluntary liquidation

active Company no. 02596270 Published 02 October 2026

In short: Excelfirst Limited (company no. 02596270) entered members' voluntary liquidation, a solvent and planned closure, according to a Resolution for winding up (MVL) notice published in The London Gazette on 02 October 2026. The office holder is Izbel Mengal (IP No. 28770) of Valentine & Co, Galley House, Moon Lane, Barnet, EN5 5YL, appointed 30 September 2026.

EXCELFIRST LIMITED has passed resolutions to voluntarily wind up the company and appointed Izbel Mengal as liquidator.

Notice details

Company
EXCELFIRST LIMITED
Company number
02596270
Registered office
3 Glendale Drive, Burpham, Guildford, GU4 7HX
Principal trading address
3 Glendale Drive, Burpham, Guildford, GU4 7HX
Type of liquidation
Voluntary winding-up (Members' Voluntary Liquidation)
Liquidator
Izbel Mengal (IP No. 28770) of Valentine & Co, Galley House, Moon Lane, Barnet, EN5 5YL
Date of appointment
30 September 2026
Contact
Izbel Mengal, Tel: 020 8343 3710
Alternative contact
Purevkhuu Tumen-Ulzii; Marianne Siaens, Director

What the last filed accounts showed

As at 30 June 2025 · unaudited · 15 months before the first insolvency notice

Total assets
£397k
Cash at bank
—
Net assets
£388k
Total liabilities
£8k

Average employees during the period: 1

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 Excelfirst Limited company page.

What this notice means

A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress.

Read more: What is Liquidation?.

What happens next

Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.

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All notices for Excelfirst Limited

3 Gazette notices on record for company no. 02596270, newest first. The full history, with last filed accounts, is on the Excelfirst Limited company record.

  1. Notices to creditors (MVL) 02 Oct 2026
  2. Appointment of liquidators (MVL) 02 Oct 2026

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Related guidance

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Frequently asked questions

Is Excelfirst Limited in financial difficulty?

No — this is a solvent process. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress. The London Gazette published a Resolution for winding up (MVL) for Excelfirst Limited (company no. 02596270) on 02 October 2026.

What does a Resolution for winding up (MVL) mean?

A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress.

What happens next?

Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.

Who is dealing with the liquidation?

The office holder named in the notice: Izbel Mengal (IP No. 28770) of Valentine & Co, Galley House, Moon Lane, Barnet, EN5 5YL, appointed 30 September 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.

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.