Resolution for winding up (MVL)
H.J. Banks Developments Limited enters members' voluntary liquidation
In short: H.J. Banks Developments Limited (company no. 02296737) entered members' voluntary liquidation, a solvent and planned closure, according to a Resolution for winding up (MVL) notice published in The London Gazette on 08 October 2026. The office holders are Emma Jayne Cray (IP number 17450) of PricewaterhouseCoopers LLP, One Chamberlain Square, Birmingham B3 3AX; Steven Sherry (IP number 19752) of PricewaterhouseCo, appointed 30 September 2026.
The sole member resolved to voluntarily wind up eight companies and appointed Emma Jayne Cray and Steven Sherry of PwC as joint liquidators on 30 September 2026.
Notice details
- Company
- H.J. BANKS DEVELOPMENTS LIMITED; THE BANKS GROUP BENEFIT TRUST COMPANY LIMITED; H J BANKS (SHOTTON) LIMITED; H J BANKS (MINING) LIMITED; H J BANKS (MINERALS) LIMITED; CASTLEBANK DEVELOPMENT COMPANY LIMITED; BANKS WASTE LIMITED
- Company number
- 02296737; 02454214; 06643089; 02903354; 02238636; 01982013; 04640243
- Registered office
- Inkerman House St. Johns Road, Meadowfield, Durham, County Durham, DH7 8XL
- Type of liquidation
- Voluntary winding up (Members' Voluntary Liquidation)
- Liquidator(s)
- Emma Jayne Cray (IP number 17450) of PricewaterhouseCoopers LLP, One Chamberlain Square, Birmingham B3 3AX; Steven Sherry (IP number 19752) of PricewaterhouseCoopers LLP, 7 More London Riverside, London SE1 2RT
- Date of appointment
- 30 September 2026
- Contact
- Joanne Ridley at [email protected]
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?.
All notices for H.J. Banks Developments Limited
3 Gazette notices on record for company no. 02296737, newest first. The full history, with last filed accounts, is on the H.J. Banks Developments Limited company record.
- Notices to creditors (MVL) 08 Oct 2026
- Appointment of liquidators (MVL) 08 Oct 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 H.J. BANKS DEVELOPMENTS LIMITED 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 H.J. BANKS DEVELOPMENTS LIMITED or something similar, start the conversation early.
A members' voluntary liquidation is a solvent, orderly closure — often part of retirement, a group restructure, or moving on to the next venture. K2's founder has advised UK company directors since 1990 on restructuring and what comes next. If that's on your horizon, talk to us.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More liquidation notices
Frequently asked questions
Is H.J. Banks Developments 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 H.J. Banks Developments Limited (company no. 02296737) on 08 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.
Who is dealing with the liquidation?
The office holders named in the notice: Emma Jayne Cray (IP number 17450) of PricewaterhouseCoopers LLP, One Chamberlain Square, Birmingham B3 3AX; Steven Sherry (IP number 19752) of PricewaterhouseCo, 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.