Billionaire Network Ltd wound up by High Court in June 2026
The High Court made a winding-up order against Billionaire Network Ltd on 17 June 2026, with the Official Receiver appointed liquidator. 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 High Court of Justice made a winding-up order against Billionaire Network Ltd on 17 June 2026, placing the Hatton Garden-registered IT services company into compulsory liquidation. Compulsory liquidation is the court-imposed form of winding up that brings a company's legal existence to a close under the supervision of a liquidator.
The case, numbered 001806 of 2026, followed a petition filed on 11 March 2026. The Official Receiver was appointed liquidator on the same date as the order.
The company
Billionaire Network Ltd was incorporated on 29 September 2022 and registered at 63/66 Hatton Garden, Fifth Floor, Suite 23, London, EC1N 8LE. Its SIC code, 62090, covers other information technology and computer service activities. The company's most recent filed accounts, made up to 30 September 2024, were recorded as dormant.
The director
Raymond John Lovell was appointed director on 29 September 2022, the date of incorporation, and remained in post at the time of the order. No resignation has been recorded at Companies House.
The liquidator
The Official Receiver is a civil servant of the Insolvency Service who automatically takes office as liquidator on most winding-up orders. In this case, the Official Receiver is listed as V Prime, contactable at PO Box 16662, Birmingham, B2 2HA, by telephone on 0300 678 0016, or by email at London1.OR@insolvency.gov.uk.
No secured charges are registered against Billionaire Network Ltd at Companies House, and no other office holders have been named in the notice.
Common questions
Are you owed money by Billionaire Network Limited?
The court has placed the company in compulsory liquidation. The Official Receiver typically takes office as liquidator unless creditors nominate a licensed insolvency practitioner. Submit your claim using the Official Receiver's online proof-of-debt service or by post; details appear on the case page at gov.uk/insolvency-service. Read more about proof of debt.
Did you work at Billionaire Network Limited?
On a winding-up order, employees are usually dismissed immediately. Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service. The Official Receiver will provide RP1 case-reference numbers and the date of insolvency you need to start the claim. See gov.uk: your rights if your employer is insolvent.
Do you hold a deposit, gift card or undelivered order from Billionaire Network Limited?
Customers 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 Billionaire Network Limited?
Section 216 of the Insolvency Act 1986 applies the moment the winding-up order is made. 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. The Official Receiver also has a statutory duty to investigate director conduct and report under the Company Directors Disqualification Act 1986.
Sources
- The London Gazette notice (code Winding-Up Orders)
- Companies House record 14386737
- Court: High Court Of Justice, case 001806
- Editorial standards: how we source and review; five-pass pipeline.
