Phaseq Limited enters creditors' voluntary liquidation
Phaseq Limited, a business and domestic software development firm based at Paragon Business Park in Horwich, Bolton, has entered creditors' voluntary liquidation. Full notice and Companies House record.
Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.
Phaseq Limited, a software development firm registered at the Belmont Suite, Paragon Business Park, Chorley New Road, Horwich, Bolton, has entered creditors' voluntary liquidation, a formal insolvent winding-up resolved by the company's members without a court order.
The notice appeared in the London Gazette on 2 June 2026. The company trades under the name Phaseq and its registered activity is business and domestic software development.
The company
Phaseq Limited was incorporated on 22 May 2017 and is registered in England. Its most recent accounts, made up to 31 May 2025, were filed on a micro-entity basis, the smallest reporting category available to limited companies under UK accounting rules. No secured charges have been registered against the company at Companies House.
The directors
Two directors were in post at the time of the notice. Efosa Ibizugbe has been a director since incorporation on 22 May 2017. Oghenevize Elizabeth Ibizugbe was appointed on 13 August 2019. Neither director has a recorded resignation date, so both held office when the creditors' voluntary liquidation was resolved.
What a CVL means
A creditors' voluntary liquidation is the single largest stream of UK corporate insolvency by volume. It begins when a company's directors conclude the business cannot pay its debts and ask the members to pass a resolution to wind it up. A licensed insolvency practitioner is then appointed as liquidator to realise the company's assets and distribute the proceeds to creditors in the order set by law. The process does not require a court order, which distinguishes it from compulsory liquidation, imposed by a judge following a winding-up petition.
Creditors of Phaseq Limited who have not already been contacted should refer to the official Gazette notice for details of how to submit a proof of debt, the formal claim form evidencing the amount owed.
The notice
The appointment notice was published by the London Gazette on 2 June 2026 under gazette category "Appointment of Liquidators", notice code 2443. The company's registered office at the time of the notice was the Belmont Suite, Paragon Business Park, Chorley New Road, Horwich, Bolton, BL6 6HG.
Common questions
Are you owed money by Phaseq Limited?
In a creditors' voluntary liquidation you are an unsecured creditor unless you hold a registered charge or retention of title. The liquidators will write to known creditors with a proof-of-debt form. A statement of affairs prepared by the directors and the chair of the creditors' decision procedure should be available on request. Read more about proof of debt and where you sit in the creditor hierarchy.
Did you work at Phaseq Limited?
In a CVL, employees are typically dismissed at or shortly after the liquidator's appointment. Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service. The liquidators will normally provide RP1 case-reference numbers to the affected staff. See gov.uk: your rights if your employer is insolvent.
Do you hold a deposit, gift card or undelivered order from Phaseq Limited?
Customers with paid-but-undelivered orders, gift cards or deposits rank as unsecured creditors in the liquidation. Where you paid by credit card and the amount was over £100, Section 75 of the Consumer Credit Act 1974 may let you claim from the card issuer for breach of contract or misrepresentation by the supplier; the rules apply per item, not per transaction, and the card must be a regulated credit card. Debit-card payments may be recoverable via chargeback.
Are you a director of a company connected to Phaseq Limited?
Section 216 of the Insolvency Act 1986 applies the moment the company enters liquidation. If you intend to be involved in another company using the same or a similar name within five years, you must rely on one of the three statutory exceptions and file the relevant notice. Acting in breach is a criminal offence and exposes you to personal liability for the successor's debts.
Sources
- The London Gazette notice (code Appointment of Liquidators)
- Companies House record 10783733
- Editorial standards: how we source and review; five-pass pipeline.
