G1 Propco LTD goes into liquidation
Active Company no. 08257214 Incorporated Oct 2012 Real Estate WC postcode area
53-59 Chandos Place, London, WC2N 4HS
The most recent insolvency notice for G1 Propco LTD is a Resolution for winding up (CVL), published 08 October 2026 in The London Gazette. The office holders are Terri Mulgrew (IP No. 31650); Samantha Gaunt (IP No. 32192), appointed 1 October 2026. Its last accounts filed at Companies House, to 31 March 2025, showed total assets of £1.0m and net assets of -£94k. 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.
Last filed balance sheet
As at 31 March 2025 · total exemption full accounts · unaudited · filed 18 months before the first insolvency notice
Insolvency notices (3)
-
Resolution for winding up (CVL) 08 Oct 2026
G1 PROPCO LTD has resolved to be voluntarily wound up and appointed Terri Mulgrew and Samantha Gaunt as joint liquidators.
-
Appointment of liquidators (CVL) 08 Oct 2026
G1 PROPCO LTD has appointed liquidators Terri Mulgrew and Samantha Gaunt to oversee a creditors' liquidation effective 1 October 2026.
-
Petitions to wind up (Companies) 25 Sep 2026
A petition has been filed by HM Revenue and Customs to wind up G1 PROPCO LTD (formerly Z HOTELS GLASGOW LTD) and a hearing is scheduled for 7 October 2026.
Owed money by G1 Propco LTD?
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
Is your own business showing the same warning signs?
What the public record showed for this company before its insolvency notice:
- Its last filed accounts, to March 2025, already showed negative net assets of -£94k, 18 months before the first insolvency notice.
Each of these is visible 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.
Frequently asked questions
Is G1 Propco LTD in liquidation?
The most recent insolvency notice for G1 Propco LTD (company no. 08257214) is a Resolution for winding up (CVL), published 08 October 2026 in The London Gazette. 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 were G1 Propco LTD's last filed accounts?
G1 Propco LTD's last accounts filed at Companies House, to 31 March 2025, showed total assets of £1.0m, cash of £4k, net assets of -£94k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does G1 Propco LTD have?
G1 Propco LTD has 3 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 08 October 2026.
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.