Golden Dollar Limited enters creditors' voluntary liquidation after members' resolution
Golden Dollar Limited, a Cheetham Hill internet retailer, passed a winding-up resolution on 22 May 2026 with Paul Palmer of Marshall Peters named 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.
Golden Dollar Limited's members resolved to wind the company up voluntarily on 22 May 2026. Paul Palmer of Marshall Peters was appointed liquidator the same day, confirmed jointly by members and creditors.
A creditors' voluntary liquidation (CVL) is an insolvent winding-up started by a company's directors and approved by its members without a court order. It is the most common route into corporate insolvency in the UK.
The resolution
A general meeting was convened at Bartle House, Oxford Court, Manchester, on 22 May 2026. Members passed a special resolution to wind the company up voluntarily and an ordinary resolution appointing the liquidator for the purposes of the winding-up.
Golden Dollar Limited was incorporated on 27 February 2023 and traded from 52-58 Stanley Street, Cheetham Hill, Manchester, as an online and mail-order retailer. Companies House records the company under SIC code 47910, covering retail sale via mail order houses or via the internet. Its last filed accounts were micro-entity accounts made up to 28 February 2024.
The liquidator appointment
Paul Palmer, licensed insolvency practitioner with IP number 9657, has been appointed liquidator. Palmer practises from Marshall Peters, Bartle House, Oxford Court, Manchester, M2 3WQ. The appointment was confirmed by both members and creditors, as recorded in the supplemental Gazette notice published on 29 May 2026.
The authorisation was signed on 26 May 2026. Creditors or other interested parties can contact Emily Whaley at Marshall Peters on 0161 914 9261 or at EmilyWhaley@marshallpeters.co.uk.
The officers
Saqib Ahmed has been a director of Golden Dollar Limited since incorporation on 27 February 2023 and remains in post. Brian James Gemson was also appointed as a director on 27 February 2023 but resigned on 2 September 2024.
No secured charges are registered against Golden Dollar Limited at Companies House.
The two Gazette notices covering the resolution and the liquidator appointment were both published on 29 May 2026.
Common questions
Are you owed money by Golden Dollar 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 Golden Dollar 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 Golden Dollar 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 Golden Dollar 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 14689802
- Editorial standards: how we source and review; five-pass pipeline.
