Korbiecore Ltd enters creditors' voluntary liquidation with Begbies Traynor appointed
Korbiecore Ltd, a Corby maker of electronic industrial process control equipment formerly known as GF Electronic Services, has entered CVL. 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.
Carolynn Jean Best and Thomas Mark Harris of BTG Begbies Traynor (Central) LLP were appointed joint liquidators to Korbiecore Ltd on 4 June 2026, placing the Corby-based manufacturer of electronic industrial process control equipment into a creditors' voluntary liquidation.
A creditors' voluntary liquidation, or CVL, is an insolvent winding-up resolved by a company's members at the request of its directors, without a court order. In this case the appointment was made by both members and creditors.
The company
Korbiecore Ltd is registered at 40 Patrick Road, Corby, Northants, NN18 9NB. The company was incorporated on 7 March 2019 under the name GF Electronic Services Ltd and changed to its current name later that same year. Its last filed accounts covered the period to 31 March 2025 and were prepared on a micro-entity basis.
Christine Joy Gray has been a director of Korbiecore since incorporation on 7 March 2019 and held that role at the time of the liquidation appointment.
The liquidators
Best holds IP number 9683 and Harris holds IP number 23370. 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, 2 Harcourt Way, Meridian Business Park, Leicester, LE19 1WP. As joint liquidators, either may act alone unless the appointment specifies otherwise.
Secured creditor
One outstanding charge is registered at Companies House. Bibby Financial Services Limited holds a registered charge created on 1 August 2019 and delivered to the registrar on 5 August 2019. The charge remains outstanding, meaning Bibby Financial Services ranks as a secured creditor in the liquidation and will rank ahead of unsecured creditors when proceeds are distributed.
The notice was published in the London Gazette on 9 June 2026.
Common questions
Are you owed money by Korbiecore 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 Korbiecore 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 Korbiecore 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 Korbiecore 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 11868014
- Editorial standards: how we source and review; five-pass pipeline.
