Resolution for winding up (MVL)
Grace Properties (Vectis) Limited enters members' voluntary liquidation
In short: Grace Properties (Vectis) Limited (company no. 07470684) entered members' voluntary liquidation, a solvent and planned closure, according to a Resolution for winding up (MVL) notice published in The London Gazette on 22 October 2026. The office holders are Simon Lowes (IP No. 9194); Stephen Mark Powell (IP No. 9561), appointed 15 October 2026.
Grace Properties (Vectis) Limited resolved to voluntarily wind up the company and appointed Simon Lowes and Stephen Mark Powell as joint liquidators.
Notice details
- Company
- GRACE PROPERTIES (VECTIS) LIMITED
- Company number
- 07470684
- Registered office
- 10 Hungerberry Close, Shanklin, PO37 6LX
- Principal trading address
- (Formerly) 10 Hungerberry Close, Shanklin, PO37 6LX
- Type of liquidation
- Voluntary winding up (Members' Voluntary Liquidation)
- Liquidator(s)
- Simon Lowes (IP No. 9194); Stephen Mark Powell (IP No. 9561)
- Liquidator firm
- BTG Begbies Traynor (Central) LLP, 2nd Floor, Endeavour House, Ocean Way, Southampton, SO14 3TJ
- Date of appointment
- 15 October 2026
- Appointed by
- Members of the Company at a General Meeting
- Contact
- Telephone 023 8021 9820; Robert May telephone 023 8021 9820; email [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?.
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.
All notices for Grace Properties (Vectis) Limited
3 Gazette notices on record for company no. 07470684, newest first. The full history, with last filed accounts, is on the Grace Properties (Vectis) Limited company record.
- Appointment of liquidators (MVL) 22 Oct 2026
- Notices to creditors (MVL) 22 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 GRACE PROPERTIES (VECTIS) 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 GRACE PROPERTIES (VECTIS) 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 Grace Properties (Vectis) 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 Grace Properties (Vectis) Limited (company no. 07470684) on 22 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 holders named in the notice: Simon Lowes (IP No. 9194); Stephen Mark Powell (IP No. 9561), appointed 15 October 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.