I & I Designs Ltd enters creditors' voluntary liquidation with FTS Recovery appointed
I & I Designs Ltd, a Leicester textile manufacturer, has entered creditors' voluntary liquidation after members passed a winding-up resolution on 20 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.
Members of I & I Designs Ltd passed a special resolution to wind the company up voluntarily on 20 May 2026, with Marco Piacquadio and Rachel Elizabeth Ennis of FTS Recovery Limited appointed joint liquidators the same day.
The company is registered at Unit 40 Temple Building, Temple Road, Leicester, and manufactures textiles and related products under SIC code 13990. It was incorporated in November 2015 and filed its last accounts as a micro-entity to 31 January 2025.
The resolution
A general meeting was convened and held at Unit 2, 69 St. Barnabas Road, Leicester on 20 May 2026. Members passed a special resolution that the company be wound up voluntarily. An ordinary resolution was also passed appointing the joint liquidators for the purposes of the winding-up.
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 liquidator appointment
Piacquadio holds IP number 19910 and is based at FTS Recovery Limited's Ground Floor, Baird House, Seebeck Place, Knowlhill, Milton Keynes office. Ennis holds IP number 32172 and operates from the firm's Alma Park, Woodway Lane, Lutterworth, Leicestershire office. Both appointments were authorised on 22 May 2026 and were made by the members and creditors of the company.
Further enquiries can be directed to Runita Kholia at FTS Recovery Limited on 01908 754 666.
The directors
Imtiyaz Husain Patel has been a director of I & I Designs Ltd since its incorporation on 26 November 2015 and held that role at the time of the liquidation. Two former directors also appear on the Companies House record. Ilyas Ismail Gorji resigned on 25 November 2016. Faruq Ismail Patel was appointed on 1 June 2020 and resigned on 12 November 2020.
No secured charges are registered against the company.
Common questions
Are you owed money by I & I Designs 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 I & I Designs 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 I & I Designs 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 I & I Designs 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 09889847
- Editorial standards: how we source and review; five-pass pipeline.
