Moratorium ends for UK Building Products, with Deborah Meaden noted as secured creditor
The moratorium has ended for UK Building Products Limited, a Wiltshire-based supplier. Noteworthy is a 2015 secured charge granted to investor Deborah Meaden.
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.
Moratorium end for UK Building Products
The moratorium has concluded for UK Building Products Limited, a building supplies business based in Melksham. A notice published on 27 November 2019 confirmed the end of the moratorium. This change means creditors are permitted to resume legal action against the firm.
UK Building Products Limited has premises at Unit B4 and Unit C3 Ashville Centre, Commerce Way, Melksham, Wiltshire SN12 6ZE. Its registered office is located in London. The company is involved in the wholesale of hardware, plumbing, and heating equipment, as well as retail sales through stalls and markets.
Secured charges
Two lenders hold security over the company. Deborah Meaden, an investor on the television programme Dragons Den, has a registered charge from 14 September 2015. This charge applies to all freehold, leasehold, and commonhold properties belonging to the company.
Marketinvoice Limited also has a registered charge which was created on 25 June 2019. This charge remains outstanding.
Company officers
Nicholas David Beare and Jordan Andrew Daykin are the current directors. Daykin was appointed on 1 February 2014, and Beare joined on 18 February 2016. Jordan Andrew Daykin resigned his directorship on 15 July 2019, shortly before the moratorium end notice was issued.
Stanley Pritchard Daykin and Wendy Daykin previously served as director and secretary. Stanley Pritchard Daykin was a director from 24 July 2008 to 9 April 2014. Wendy Daykin held the position of secretary from 24 July 2008 to 5 July 2014.
What this means for creditors and customers
Creditors can now start or continue legal proceedings against UK Building Products Limited. This includes pursuing debts through court or enforcing security over company assets. Correspondence about outstanding claims should be sent to the registered office or the address provided in the notice.
To register a financial claim, creditors must submit a proof of debt. This statutory form specifies the amount the company owes. If administrators are appointed, they will provide instructions for submitting this paperwork.
The conclusion of the moratorium ends the legal pause on creditor enforcement action under Schedule B1 of the Insolvency Act 1986. The company is still active, but creditors are no longer restricted from taking steps to recover money owed to them.
Customers who have paid for goods not received, or those with deposits and gift cards, are usually classed as unsecured creditors. These claims are handled alongside other unsecured debts after secured creditors are paid from the assets. Employees with claims for wages, notice pay, or redundancy are also considered creditors. They may access statutory payments through the Redundancy Payments Service.
Common questions
What does the end of the moratorium mean for UK Building Products Limited?
The Part A1 standalone moratorium for UK Building Products Limited has come to an end. The statutory pause on most creditor enforcement (introduced by the Corporate Insolvency and Governance Act 2020) no longer applies, and creditors can resume normal enforcement action. Whether the company continues to trade, enters another insolvency process, or has been rescued depends on what was achieved during the moratorium -- check Companies House for any subsequent filings.
Are you owed money by UK Building Products Limited?
Pre-moratorium debts that were paused are now collectable through the usual routes (demand, county court claim, statutory demand and so on). If the company has entered a subsequent insolvency procedure, contact the office-holder named in the relevant Gazette notice or check the Insolvency Service register.
Sources
- The London Gazette notice (code Moratoria, Prohibited Names and Other: Moratorium: Coming to an End)
- Companies House record 06637395
- Editorial standards: how we source and review; five-pass pipeline.
