Grace Properties (vectis) Limited enters members' voluntary liquidation
Active Company no. 07470684 Incorporated Dec 2010 Financial Services PO postcode area
10 Hungerberry Close, Shanklin, PO37 6LX
The most recent insolvency notice for Grace Properties (vectis) Limited is an Appointment of liquidators (MVL), published 22 October 2026 in The London Gazette. The office holders are Simon Lowes (IP No. 9194) and Stephen Mark Powell (IP No. 9561) both of BTG Begbies Traynor (Central) LLP, 2nd Floor, Endeavour House, Ocean Way, Southampton, S, appointed 15 October 2026. Its last accounts filed at Companies House, to 05 April 2026, showed total assets of £291k and net assets of £289k. 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 05 April 2026 · micro entity accounts · unaudited · filed 6 months before the first insolvency notice
Average employees during the period: 2
Insolvency notices (3)
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Appointment of liquidators (MVL) 22 Oct 2026
The notice announces that the members have appointed Simon Lowes and Stephen Mark Powell of BTG Begbies Traynor (Central) LLP as liquidators of GRACE PROPERTIES (VECTIS) LIMITED.
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Notices to creditors (MVL) 22 Oct 2026
The notice informs creditors that Grace Properties (Vectis) Limited has been placed into members’ voluntary liquidation and must submit their claims by 20 November 2026 to the appointed joint liquidators.
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Resolution for winding up (MVL) 22 Oct 2026
Grace Properties (Vectis) Limited resolved to voluntarily wind up the company and appointed Simon Lowes and Stephen Mark Powell as joint liquidators.
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 Grace Properties (vectis) Limited?
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Frequently asked questions
Is Grace Properties (vectis) 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 Grace Properties (vectis) Limited (company no. 07470684) is a Appointment of liquidators (MVL), published 22 October 2026 in The London Gazette.
What were Grace Properties (vectis) Limited's last filed accounts?
Grace Properties (vectis) Limited's last accounts filed at Companies House, to 05 April 2026, showed total assets of £291k, net assets of £289k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Grace Properties (vectis) Limited have?
Grace Properties (vectis) Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (MVL) on 22 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.