Meetings of creditors (CVL)
Nicholas Charles Cars Limited liquidation
In short: Nicholas Charles Cars Limited (company no. 11119401) went into creditors' voluntary liquidation, according to a Meetings of creditors (CVL) notice published in The London Gazette on 11 November 2026. The office holders are Nicholas John Teague (Director); Neil Charles Money (Insolvency Practitioner).
A virtual creditors’ meeting for Nicholas Charles Cars Limited is being convened on 23 November 2026 to consider the liquidator’s remuneration and related matters.
Notice details
- Company
- NICHOLAS CHARLES CARS LIMITED
- Company number
- 11119401
- Registered office
- Unit 6 Heritage Business Centre, Derby Road, Belper, Derbyshire, DE56 1SW, United Kingdom
- Principal trading address
- Ripley Road, Sawmills, DE56 2EP
- Office holder(s)
- Nicholas John Teague (Director); Neil Charles Money (Insolvency Practitioner)
- Office holder number(s)
- Neil Charles Money – IP No. 8900
- Meeting date and time
- 23 November 2026 at 11:15
- Contact
- CBA Business Solutions, 126 New Walk, Leicester, LE1 7JA; phone 0116 262 6804; email [email protected]
- Notice date
- 5 November 2026
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.
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 NICHOLAS CHARLES CARS 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 NICHOLAS CHARLES CARS LIMITED 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 Nicholas Charles Cars Limited gone into liquidation?
The London Gazette published a Meetings of creditors (CVL) for Nicholas Charles Cars Limited (company no. 11119401) on 11 November 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 Meetings of creditors (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: Nicholas John Teague (Director); Neil Charles Money (Insolvency Practitioner). 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. 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, and there are no balance-sheet figures we can show for this company (not yet retrieved). What was owed when the process began is set out in the statement of affairs, where one has been filed at Companies House.
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.