Automotive Remarketing Solutions Ltd wound up by Manchester court
The Business and Property Courts in Manchester wound up Automotive Remarketing Solutions Ltd on 17 March 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.
The Business and Property Courts in Manchester made a winding-up order against Automotive Remarketing Solutions Ltd on 17 March 2026, placing the Coventry-registered used-car remarketing company into compulsory liquidation. Under that process, a licensed insolvency practitioner or the Official Receiver realises the company's assets and distributes the proceeds to creditors.
The court assigned case number 000135 of 2026. Automotive Remarketing Solutions Ltd was incorporated on 14 September 2022 and traded under SIC code 45112, the Companies House classification for the sale of used cars and light motor vehicles. Its registered office is at Friars House, Manor House Drive, Coventry, CV1 2TE.
The company filed its last accounts as a micro-entity, made up to 30 September 2023. No web presence relevant to the proceedings was identified.
The director
Dr Olatunde Olufemi Banwo was appointed director on the date of incorporation, 14 September 2022, and remained in post at the time of the order. Banwo is recorded as resident in England.
The secured charge
One outstanding charge appears on the Companies House register. Funding 4 Lending Limited holds a registered charge created on 27 January 2023 and delivered to the registrar on 31 January 2023. The charge is secured against the property at 15 Old Farm Lane, Longford, Coventry, CV6 6HN, registered at HM Land Registry under title number MM71194. As a secured creditor, Funding 4 Lending Limited ranks ahead of unsecured creditors when the company's assets are distributed.
What happens next
On a compulsory liquidation, the Official Receiver automatically takes office as liquidator. The Official Receiver is a civil servant of the Insolvency Service, responsible for investigating the company's affairs and handling the initial stages of the winding-up. Creditors wishing to register a claim must submit a proof of debt, the formal claim form evidencing the amount owed, to whoever is appointed to conduct the liquidation.
The winding-up order was published in the London Gazette on 23 May 2026 under the Gazette category of Winding-Up Orders.
Common questions
Are you owed money by Automotive Remarketing Solutions 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 Automotive Remarketing Solutions 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 Automotive Remarketing Solutions 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 Automotive Remarketing Solutions 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 14357170
- Court: Business and Property Courts in Manchester, case 000135
- Editorial standards: how we source and review; five-pass pipeline.
