Neptune BTL Limited enters creditors' voluntary liquidation with BTG Begbies Traynor appointed
Neptune BTL Limited, formerly Neptune Bridging Limited, has entered creditors' voluntary liquidation with joint liquidators appointed on 18 May 2026. 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.
The appointment
Tom D'Arcy and Jonathan James Beard of BTG Begbies Traynor (Central) LLP were appointed joint liquidators to Neptune BTL Limited on 18 May 2026. The appointment was made by both members and creditors, the London Gazette notice confirms.
A creditors' voluntary liquidation is an insolvent winding-up resolved by the company's members at the request of its directors, without a court order. It is the single largest stream of UK corporate insolvency by volume.
The company
Neptune BTL Limited is a Brighton-registered financial services business, classified under SIC code 64999 covering other financial services activities not elsewhere classified. The company was incorporated on 18 October 2019 under the name Neptune Bridging Limited and traded under that name until 7 March 2023, when it became Neptune BTL Limited.
The registered office listed in the Gazette notice is 2nd Floor, 26 Stroudley Road, Brighton, BN1 4BH. Companies House records the registered address as 314 Regents Park Road, Finchley, London, N3 2JX. The company filed total-exemption-full accounts made up to 31 December 2024.
The liquidators
D'Arcy holds IP number 10852 and Beard holds IP number 9552. An IP number is the licence number issued by an insolvency practitioner's recognised professional body, identifying the individual practitioner. Both are based at BTG Begbies Traynor (Central) LLP's Brighton office at 26 Stroudley Road.
Where joint liquidators are appointed, two or more insolvency practitioners act together. A liquidator realises the company's assets and distributes the proceeds to creditors.
The director
Paresh Shantilal Raja has been a director of Neptune BTL Limited since incorporation on 18 October 2019. Companies House records no resignation date for Raja, meaning he remained a current director at the time of the liquidation appointment.
Secured charges
No secured charges are registered against Neptune BTL Limited at Companies House.
Common questions
Are you owed money by Neptune Btl 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 Neptune Btl 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 Neptune Btl 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 Neptune Btl 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 12271316
- Editorial standards: how we source and review; five-pass pipeline.
