Virtue Developments York Ltd goes into liquidation
Active Company no. 16396009 Incorporated Apr 2025 Construction YO postcode area
146 Foxwood Lane, York, YO24 3LT
The most recent insolvency notice for Virtue Developments York Ltd is a Resolution for winding up (CVL), published 20 October 2026 in The London Gazette. The office holder is Zane Collins, appointed 14 October 2026. Its last accounts filed at Companies House, to 31 March 2026, showed total assets of £37k and net assets of £659. 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 2026 · micro entity accounts · unaudited · filed 6 months before the first insolvency notice
Total liabilities is not shown for this company: the filed balance sheet did not reconcile against the figures we could read, so the total would be incomplete.
Average employees during the period: 2
Insolvency notices (3)
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Resolution for winding up (CVL) 20 Oct 2026
The notice announces that Virtue Developments York Ltd has passed resolutions to voluntarily wind up the company and appoint Zane Collins of Insolvency One Limited as liquidator, effective 14 October 2026.
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Appointment of liquidators (CVL) 20 Oct 2026
The notice announces that members and creditors have appointed Zane Collins of Insolvency One Limited as liquidator of VIRTUE DEVELOPMENTS YORK LTD in a creditors voluntary liquidation, effective 14 October 2026.
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Meetings of creditors (CVL) 06 Oct 2026
A virtual creditors' meeting for Virtue Developments York Ltd is scheduled for 14 October 2026 at 10:15 am, with details on voting, proxies, and contact information provided.
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 Virtue Developments York 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?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear 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 Virtue Developments York Ltd in liquidation?
The most recent insolvency notice for Virtue Developments York Ltd (company no. 16396009) is a Resolution for winding up (CVL), published 20 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 Virtue Developments York Ltd's last filed accounts?
Virtue Developments York Ltd's last accounts filed at Companies House, to 31 March 2026, showed total assets of £37k, net assets of £659. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Virtue Developments York Ltd have?
Virtue Developments York Ltd has 3 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 20 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.