Excelfirst Limited members' voluntary liquidation
Active Company no. 02596270 Incorporated Mar 1991 GU postcode area
3 Glendale Drive, Burpham, Guildford, GU4 7HX
The most recent insolvency notice for Excelfirst Limited is a Notices to creditors (MVL), published 02 October 2026 in The London Gazette. The office holder is Izbel Mengal, appointed 30 September 2026. Its last accounts filed at Companies House, to 30 June 2025, showed total assets of £397k and net assets of £388k. Those accounts were filed 15 months before the first insolvency notice, so they describe the company well before the process began. 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.
Last filed balance sheet
As at 30 June 2025 · micro entity accounts · unaudited · filed 15 months before the first insolvency notice
Average employees during the period: 1
Insolvency notices (3)
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Notices to creditors (MVL) 02 Oct 2026
The notice informs creditors of EXCELFIRST LIMITED that they must prove their debts by 30 December 2026 as part of the company’s solvent liquidation.
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Appointment of liquidators (MVL) 02 Oct 2026
EXCELFIRST LIMITED has appointed Izbel Mengal of Valentine & Co as liquidator in a members' liquidation on 30 September 2026.
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Resolution for winding up (MVL) 02 Oct 2026
EXCELFIRST LIMITED has passed resolutions to voluntarily wind up the company and appointed Izbel Mengal as liquidator.
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.
Owed money by Excelfirst Limited?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
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Frequently asked questions
Is Excelfirst Limited in financial difficulty?
No — the most recent process is a solvent one. 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 most recent insolvency notice for Excelfirst Limited (company no. 02596270) is a Notices to creditors (MVL), published 02 October 2026 in The London Gazette.
What were Excelfirst Limited's last filed accounts?
Excelfirst Limited's last accounts filed at Companies House, to 30 June 2025, showed total assets of £397k, net assets of £388k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Excelfirst Limited have?
Excelfirst Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Notices to creditors (MVL) on 02 October 2026.
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.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.