North Sea Production Company Limited enters members' voluntary liquidation
Active Company no. 03032407 Incorporated Mar 1995 L postcode area
12th Floor, The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ
The most recent insolvency notice for North Sea Production Company Limited is a Resolution for winding up (MVL), published 30 October 2026 in The London Gazette. The office holder is Sean K Croston (IP No. 8930) of Grant Thornton UK Advisory & Tax LLP, 8 Finsbury Circus, London, EC2M 7EA. Telephone: 020 7184 4300, appointed 23 October 2026. 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
Not yet retrieved.
Insolvency notices (3)
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Resolution for winding up (MVL) 30 Oct 2026
NORTH SEA PRODUCTION COMPANY LIMITED has passed a special resolution to voluntarily wind up and appointed Sean K Croston as liquidator.
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Appointment of liquidators (MVL) 30 Oct 2026
The members have appointed Sean K Croston of Grant Thornton UK Advisory & Tax LLP as liquidator for NORTH SEA PRODUCTION COMPANY LIMITED in a members' voluntary liquidation.
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Notices to creditors (MVL) 30 Oct 2026
The liquidator of North Sea Production Company Limited announces final creditor distributions in a members' voluntary liquidation and that any remaining funds will go to shareholders
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 North Sea Production Company 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.
Related guidance
Frequently asked questions
Is North Sea Production Company 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 North Sea Production Company Limited (company no. 03032407) is a Resolution for winding up (MVL), published 30 October 2026 in The London Gazette.
What were North Sea Production Company Limited's last filed accounts?
Not yet retrieved for North Sea Production Company Limited at Companies House.
How many insolvency notices does North Sea Production Company Limited have?
North Sea Production Company Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (MVL) on 30 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.