Appointment of liquidators (CVL)
Truetrain LTD goes into liquidation
In short: Truetrain LTD (company no. 05996757) went into creditors' voluntary liquidation, according to a Appointment of liquidators (CVL) notice published in The London Gazette on 16 October 2026. The office holders are Kirren Keegan (IP number 27012) of Bailey Ahmad Business Recovery, c/o SIC, Science Park Square, Brighton, BN1 9SB; Paul Bailey (IP number 9428) of Bailey Ahmad, appointed 14 October 2026. The company's business: 70229 - management consultancy activities other than financial management, trading from C/O ESDG Accountancy Ltd, 44 Royal Parade Mews, Blackheath, SE3 0TN.
TRUETRAIN LTD has been placed into a Creditors Voluntary Liquidation and two joint liquidators have been appointed.
Notice details
- Company
- TRUETRAIN LTD
- Company number
- 05996757
- Nature of business
- 70229 - Management consultancy activities other than financial management
- Registered office
- Sussex Innovation Centre, Science Park Square, Brighton, East Sussex, BN1 9SB, United Kingdom
- Principal trading address
- C/O ESDG Accountancy Ltd, 44 Royal Parade Mews, Blackheath, SE3 0TN
- Type of liquidation
- Creditors Voluntary Liquidation
- Liquidator(s)
- Kirren Keegan (IP number 27012) of Bailey Ahmad Business Recovery, c/o SIC, Science Park Square, Brighton, BN1 9SB; Paul Bailey (IP number 9428) of Bailey Ahmad Business Recovery, c/o SIC, Science Park Square, Brighton, BN1 9SB
- Date of appointment
- 14 October 2026
- Appointed by
- Members and creditors
- Case Administrator
- Hamita Nayi, phone 0208 662 6070, email [email protected]
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 Truetrain LTD
3 Gazette notices on record for company no. 05996757, newest first. The full history, with last filed accounts, is on the Truetrain LTD company record.
- Resolution for winding up (CVL) 16 Oct 2026
- Meetings of creditors (CVL) 06 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 TRUETRAIN 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 TRUETRAIN 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 Truetrain LTD gone into liquidation?
The London Gazette published a Appointment of liquidators (CVL) for Truetrain LTD (company no. 05996757) on 16 October 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 Appointment of liquidators (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: Kirren Keegan (IP number 27012) of Bailey Ahmad Business Recovery, c/o SIC, Science Park Square, Brighton, BN1 9SB; Paul Bailey (IP number 9428) of Bailey Ahmad, appointed 14 October 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.
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.