Icon Funding Limited passes CVL resolution less than three years after incorporation
Icon Funding Limited, a Finchley-registered financial services company, passed a creditors' voluntary liquidation resolution on 15 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.
Icon Funding Limited, a financial services company registered at 314 Regents Park Road in Finchley, passed a resolution on 15 May 2026 to wind up voluntarily under section 84(1)(b) of the Insolvency Act 1986. The company was incorporated in October 2023, making it less than three years old at liquidation.
A creditors' voluntary liquidation, or CVL, is an insolvent winding-up resolved by the company's members at the directors' request, without a court order. It is the single largest stream of UK corporate insolvency by volume.
The liquidators
Matthew Richards (IP No. 19276) and Robert Young (IP No. 29110), both of Azets Holdings Limited, were appointed joint liquidators on the same date the resolution was passed. Joint liquidators are two or more insolvency practitioners appointed to act together, though either can usually act alone unless the appointment specifies otherwise. Azets' office for this matter is at 2nd Floor, Regis House, 45 King William Street, London, EC4R 9AN. Creditors or other interested parties can contact Katie Newton at Azets by email or on 020 7403 1877.
The company
Icon Funding Limited operated under SIC code 64999, which covers other financial service activities not elsewhere classified. No principal trading address was listed in the notice. Its registered office at the Finchley address was also the address on the Companies House record. The company filed small accounts made up to 31 December 2024.
The directors
Three directors are listed on the Companies House record at the time of the notice. Paresh Shantilal Raja was appointed on 3 October 2023, the date of incorporation, and remains a current director. Nicholas John Pike and Philip Elliot Simons were both appointed on 6 May 2026, nine days before the winding-up resolution was passed. Nicholas Pike is named in the notice as the director who authorised its signing on 28 May 2026.
No secured charges are registered against Icon Funding Limited at Companies House, and no court was involved in the appointment.
The resolution was published in the London Gazette on 1 June 2026.
Common questions
Are you owed money by Icon Funding 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 Icon Funding 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 Icon Funding 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 Icon Funding 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 Resolutions for Winding-up)
- Companies House record 15185226
- Editorial standards: how we source and review; five-pass pipeline.
