Electro-Replacement Limited
Electro-Replacement Limited entered creditors' voluntary liquidation (CVL) on 22 Oct 2026
Electro-Replacement Limited (company number 01013271) is a retail & wholesale business registered in Watford, Watford, incorporated on 4 Jun 1971. Quantuma Advisory Limited was appointed as liquidator. The record below is built from The Gazette and Companies House and updates automatically when new notices are published.
Key facts
- Company age when the liquidation began
- 55 years and 4 months
- Incorporated 4 Jun 1971; liquidation from 22 Oct 2026
- Accounts overdue
- Due 29 Jun 2025, not filed
- 1 year and 3 months overdue when the liquidation began
- Last accounts
- Made up to 30 Jun 2023 (total exemption full)
- Covers a period ending 3 years and 3 months before the liquidation began
- Directors
- 1 active director
- Appointed in 2001
- Charges
- None registered
- Appointed practitioner
- Christopher Newell and Nicholas Simmonds
- Insolvency practitioner · 2nd Floor Arcadia House 15 Forlease Road, Maidenhead, Berkshire, SL6 1RX
- Insolvency events on record
- 1
- Recorded 22 Oct 2026
- Liquidation
Creditors' voluntary (CVL)
Quantuma Advisory Limited · East of England · Source: Companies House
- Since 31 Mar 2001
SCHONTHAL, Linda
Director
British · Resident in England
- Resigned 28 Aug 2024
FREEDMAN, Steven Paul
Director
British · Resident in England
Appointed 1 Apr 2010 - Resigned 25 Oct 2011
NYMAN, Andrew
Secretary
British
Appointed 31 Mar 2001 - Resigned 31 Mar 2001
TUCKEY, Linda
Secretary
British
Appointed 19 Jan 1994 - Resigned 19 Jan 1994
MOLYNEUX, Daphne Yvonne
Secretary
British
- Resigned 31 Mar 2001
SCHONTHAL, Peter
Director
British · Resident in United Kingdom
Companies House data as of 22 Oct 2026
Insolvency status: Liquidation
Administration
Case 1- Christopher Newell · Insolvency practitioner
ceased to act 11 Oct 2026
2nd Floor Arcadia House 15 Forlease Road, Maidenhead, Berkshire, SL6 1RX - Nicholas Simmonds · Insolvency practitioner
ceased to act 11 Oct 2026
1st Floor 21 Station Road, Watford, Hertfordshire, WD17 1AP
Creditors' voluntary liquidation
Case 2- Christopher Newell · Insolvency practitioner
Appointed 11 Oct 2026
2nd Floor Arcadia House 15 Forlease Road, Maidenhead, Berkshire, SL6 1RX - Nicholas Simmonds · Insolvency practitioner
Appointed 11 Oct 2026
1st Floor 21 Station Road, Watford, Hertfordshire, WD17 1AP
Companies House data as of 22 Oct 2026
Registered office address
Nature of business (SIC codes)
- 46439 · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- 82990 · Other business support service activities n.e.c.
Companies House data as of 22 Oct 2026
No registered charges.
Companies House data as of 22 Oct 2026
Watford
Watford
WD17 1AP
Procedure guide
Creditors' voluntary liquidation (CVL): how it works
A creditors' voluntary liquidation is started by a company's directors and shareholders when the business cannot pay its debts. A licensed insolvency practitioner is appointed as liquidator, trading normally stops, and the company's assets are sold to pay creditors in a fixed legal order of priority. When the work is finished the company is dissolved and removed from the register. Scotland and Northern Ireland follow a broadly similar process under their own insolvency rules.
What happens next
- Shareholders pass a special resolution to wind up the company and nominate a liquidator, and creditors are then asked, usually through deemed consent or a virtual meeting, to confirm that choice or nominate a different liquidator, in which case the creditors' choice prevails.
- The liquidator takes control, ends trading, and advertises the appointment in The Gazette, where creditors can find contact details for submitting claims.
- Assets are collected and sold, and the liquidator investigates the company's affairs and the conduct of its directors in the period before it failed.
- If enough money is recovered after costs, dividends (payouts to creditors) are paid in their statutory order of priority.
- The liquidator files a final account at Companies House, and the company is normally dissolved about three months later.
Typical duration
Often 1–2 years from the liquidator's appointment to dissolution, and longer where assets are difficult to sell or legal claims are pursued.
Creditors and suppliers
- Creditors can claim by sending a proof of debt to the liquidator, whose details appear in the Gazette notice and on the company's Companies House record.
- Before any dividend is declared, creditors are notified of a last date for proving, often by Gazette notice, and claims made later may miss that payment.
- Lenders with a fixed charge (security over specific assets such as property) are paid from those assets; liquidation costs and preferential claims such as employee wage arrears come next, ahead of most other creditors.
- For insolvencies starting since December 2020, HMRC ranks as a secondary preferential creditor for taxes it collected on the company's behalf, such as VAT, PAYE and employees' National Insurance, ahead of lenders with a floating charge (security over changing assets such as stock) and unsecured creditors.
- Suppliers whose contract kept ownership of goods until payment (a retention of title clause) may be able to reclaim identifiable, unpaid goods the company still holds by raising the claim with the liquidator.
Employees
- Staff are usually made redundant when trading stops, and can claim certain money owed from the government's Redundancy Payments Service rather than waiting for the liquidation to finish.
- Claims can cover up to eight weeks of unpaid wages, up to six weeks of holiday pay, statutory notice pay and statutory redundancy pay, all subject to a statutory weekly cap.
- Statutory redundancy pay requires at least two years' continuous service, and the right to it can be lost if no claim is made within six months of the job ending.
- Amounts above the government limits can be claimed from the liquidator; unpaid wages for the four months before the liquidation, up to £800 per employee, and all accrued holiday pay rank as preferential debts, which are paid ahead of most other claims.
- If the business is sold out of liquidation, the TUPE rules, which normally move staff to the buyer of a business, usually do not apply, so staff do not automatically transfer.
- In Northern Ireland, equivalent claims are made to the NI Redundancy Payments Service, which is part of the Department for the Economy.
Customers
- Deposits, prepayments and unused gift card balances are usually unsecured claims, so customers typically recover little or nothing through the liquidation itself.
- Credit card purchases of a single item priced over £100 and up to £30,000 may be claimed from the card provider under section 75 of the Consumer Credit Act.
- Debit card payments and smaller credit card purchases may be recoverable through the card provider's chargeback process, which has time limits set by the card network.
- Manufacturer guarantees usually remain valid, but warranties provided by the company itself may not be honoured unless they were separately insured.
- Customers who recover their money from a card provider cannot also claim the same amount in the liquidation.
Directors and shareholders
- Directors' powers end when the liquidator is appointed, though they must cooperate, hand over company records and help prepare a statement of the company's affairs.
- The liquidator reports on the conduct of recent directors to the Insolvency Service, which can seek disqualification for between 2 and 15 years where conduct is found unfit.
- Directors who carried on trading after they knew, or ought to have concluded, that insolvent liquidation or administration could not reasonably be avoided may be ordered to contribute personally for wrongful trading.
- Overdrawn director's loan accounts and personal guarantees given to lenders or landlords survive the liquidation and may be pursued by the liquidator or the creditor concerned.
- Anyone who was a director in the 12 months before the liquidation generally cannot reuse the company's name, or a similar one, for another business for five years, except in limited cases the law permits.
- These are general rules that apply in every case of this type. They do not suggest that any director of this company has acted improperly.
Official guidance
General information about how this type of procedure usually works, not legal or financial advice about this company or your own situation.
Earlier and later retail & wholesale liquidations
- Signature Bargains Ltd22 Oct 2026
- Hospitality Warehouse Ltd22 Oct 2026
- North Workshop Ltd22 Oct 2026
- Nathan Hunt Cars Ltd22 Oct 2026
- Electro-Replacement Limited22 Oct 2026
- Akss Trading Limited21 Oct 2026
- Motor Parts Depot Ltd21 Oct 2026
- Paradise Pro Limited21 Oct 2026
- Feather Robins Ltd21 Oct 2026