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001it Limited goes into liquidation

Active Company no. 11010691 Incorporated Oct 2017 Technology & Media AL postcode area

Companies House record →

Unit 14 Oak Court Business Centre, Sandridge Park, Porters Wood, St Albans, AL3 6PH

The most recent insolvency notice for 001it Limited is a Resolution for winding up (CVL), published 26 October 2026 in The London Gazette. The office holders are Michaela Daly (IP number 17570); Gareth Prince (IP number 16090). Its last accounts filed at Companies House, to 31 October 2024, showed total assets of £16k and net assets of £2k. Those accounts were filed 24 months before the first insolvency notice, so they describe the company well before the process began. 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 October 2024 · micro entity accounts · unaudited · filed 24 months before the first insolvency notice

Total assets
£16k
Cash at bank
—
Net assets
£2k
Total liabilities
£14k

Average employees during the period: 1

Insolvency notices (2)

  1. The directors of 001IT LIMITED have passed written resolutions to voluntarily wind up the company and appointed Michaela Daly and Gareth Prince as joint liquidators, effective 22 October 2026.

  2. The notice announces the appointment of joint liquidators Michaela Daly and Gareth Prince to oversee the creditors voluntary liquidation of 001IT LIMITED.

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.

Owed money by 001it 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.

What to do when a customer fails

Related guidance

Is your own business showing the same warning signs?

What the public record showed for this company before its insolvency notice:

  • Its most recent accounts were 24 months old when the first insolvency notice was published.
  • Its accounts were overdue at Companies House.

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 001it Limited in liquidation?

The most recent insolvency notice for 001it Limited (company no. 11010691) is a Resolution for winding up (CVL), published 26 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 001it Limited's last filed accounts?

001it Limited's last accounts filed at Companies House, to 31 October 2024, showed total assets of £16k, net assets of £2k. For a distressed company the last filing often predates the insolvency by a year or more.

How many insolvency notices does 001it Limited have?

001it Limited has 2 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 26 October 2026.

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.

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.