Creditors' voluntary liquidation · 20 December 2023

Alvstap

Developer · London · Greater London

What happened

ALVSTAP LIMITED (company number 05900316), incorporated in 2006, entered creditors' voluntary liquidation on 20 December 2023. Its status at Companies House is now: liquidation.

The directors and shareholders decide to close an insolvent company. A liquidator sells its assets and shares the proceeds among creditors.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

30 September 2021
Last accounts filed were made up to this date
2 years later
20 December 2023
Creditors' voluntary liquidation started (shareholders resolved to wind up)
3 years later
17 November 2026
Due to be dissolved

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Sept 2021: £23.3m; Accounts at Companies House
Profit before tax, year to Sept 2021: £263k; Accounts at Companies House
Staff, year to Sept 2021: 79; Accounts at Companies House
Net assets, year to Sept 2021: £165k; Accounts at Companies House

The last accounts filed were group accounts made up to 30 September 2021, 27 months before it failed. Private companies have nine months after their year end to file, so a gap of more than 21 months usually means the next accounts were overdue, one of the warning signs worth checking for.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

We're writing plain-English reports on major construction failures: who was involved, why it happened, the warning signs and how long they were visible, and what to look out for next time.

In the news

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