Kronus Software (Research and Development) Limited
Kronus Software (Research and Development) Limited entered members' voluntary liquidation (MVL) on 19 Oct 2026
Kronus Software (Research and Development) Limited (company number 03538343) is a professional services business registered in West Wickham, Kent, incorporated on 31 Mar 1998. Frost Group 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
- 28 years and 6 months
- Incorporated 31 Mar 1998; liquidation from 19 Oct 2026
- Last accounts
- Made up to 31 Aug 2026 (micro-entity)
- Covers a period ending 1 month before the liquidation began
- Directors
- 1 active director
- Appointed in 2007
- Charges
- None registered
- Appointed practitioner
- Frost Group Limited
- Insolvency events on record
- 1
- Recorded 19 Oct 2026
- Liquidation
Members' voluntary (MVL)
Frost Group Limited · London · Source: Companies House
- Since 18 Jan 2007
ARNOLD, Julie Diane
Director
British · Resident in England
- Resigned 18 Mar 2019
ARNOLD, Simon
Director
British · Resident in England
Appointed 1 Jan 2017 - Resigned 1 Apr 2021
MARRYAT READER COMPUTER SERVICES LIMITED NO 1919886
Corporate secretary
Appointed 18 Jan 2007 - Resigned 18 Jan 2007
ARNOLD, Julie Diane
Secretary
British
Appointed 24 Feb 2006 - Resigned 24 Feb 2006
ARNOLD, Margaret
Secretary
British
Appointed 22 Jul 1998 - Resigned 18 Jan 2007
ARNOLD, Cyril
Director
British
Appointed 22 Jul 1998 - Resigned 24 Feb 2006
ARNOLD, Margaret
Director
British
Appointed 22 Jul 1998 - Resigned 27 Oct 1998
ARNOLD, Simon
Director
British
Appointed 22 Jul 1998 - Resigned 22 Jul 1998
WEBSTER, Martin
Secretary
British
Appointed 31 Mar 1998 - Resigned 22 Jul 1998
REARDON, Jonathan Andrew
Nominee director
British
Appointed 31 Mar 1998
Showing 10 of 11 officers, current ones first. Full list on Companies House
Companies House data as of 21 Oct 2026
Registered office address
Nature of business (SIC)
- 74909 · Other professional, scientific and technical activities n.e.c.
Previous names
- DIPLEMA 400 LIMITED · 31 Mar 1998 – 30 Jul 1998
Companies House data as of 21 Oct 2026
No registered charges.
Companies House data as of 21 Oct 2026
West Wickham
Kent
BR4 9NF
Procedure guide
Members' voluntary liquidation (MVL): how it works
A members' voluntary liquidation closes a solvent company, one that can pay all of its debts in full, often because the owners are retiring or the business has run its course. The directors make a statutory declaration of solvency, the shareholders appoint a liquidator, and any surplus is returned to the shareholders. An MVL is not in itself a sign of financial distress.
What happens next
- A majority of the directors make a declaration of solvency stating the company can pay its debts, with interest, within a stated period of no more than 12 months.
- Within five weeks of that declaration, shareholders pass a special resolution to wind up the company and appoint a licensed insolvency practitioner as liquidator.
- The resolution is advertised in The Gazette, and the liquidator gives notice inviting any creditors to submit claims by a set date.
- The liquidator settles the company's debts, obtains tax clearances, and distributes the remaining assets to shareholders in cash or by transferring assets to them directly (in specie).
- The liquidator files a final account at Companies House, and the company is normally dissolved about three months later.
Typical duration
Often 6–12 months, depending mainly on how quickly tax clearances are obtained and assets are distributed.
Creditors and suppliers
- Because the company is solvent, creditors are expected to be paid in full, together with statutory interest for the period after the liquidation began.
- Creditors can send details of their claim to the liquidator by the date in the Gazette notice, after which the liquidator may distribute to shareholders without regard to later claims.
- If the liquidator concludes the debts cannot be paid in full within the declared period, the liquidation is converted into a creditors' voluntary liquidation.
- Ongoing contracts such as leases and supply agreements are typically ended or settled during the liquidation, with any amounts due paid as debts.
Employees
- Many companies entering an MVL have few or no employees, as trading has usually stopped or the business has already been sold.
- Any staff still employed are usually made redundant, and because the company is solvent their contractual and statutory entitlements are normally paid in full.
- The Redundancy Payments Service is rarely involved, because a solvent company in an MVL is expected to pay its staff's entitlements in full itself.
- Where the business was sold before the liquidation, the TUPE rules, which normally move staff to the buyer of a business, may have transferred them on their existing terms and conditions.
Customers
- An MVL usually follows the end of trading or a sale of the business, so few customer orders are normally still outstanding.
- Any refunds, deposits or other amounts owed to customers are claims against a solvent company and are normally paid in full.
- Where the business was sold, customers whose contracts continue typically deal with the buyer rather than the liquidator.
- Manufacturer guarantees are unaffected, but services the company itself promised to provide may end when the company is closed.
Directors and shareholders
- Making a declaration of solvency without reasonable grounds is a criminal offence, and debts left unpaid after the stated period create a presumption that grounds were lacking.
- Directors' powers end when the liquidator is appointed, unless the shareholders or the liquidator agree that particular powers can continue.
- Shareholders receive the surplus after debts and costs are paid, sometimes through interim distributions before the liquidation formally closes.
- Distributions in an MVL are often taxed as capital rather than income, depending on each shareholder's circumstances, and anti-avoidance rules can apply where a shareholder goes on to run a similar trade.
- A director conduct report is generally not required in an MVL, unlike an insolvent liquidation, unless it is converted into a creditors' voluntary liquidation.
- 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 professional services liquidations
- Strensall Management Limited19 Oct 2026
- Wahoo Ltd19 Oct 2026
- Amanda Francis Consulting Ltd19 Oct 2026
- Lindenbrook Limited19 Oct 2026
- Kronus Software (Research and Development) Limited19 Oct 2026
- Hygienic and Environmental Engineering Services Limited19 Oct 2026
- Elder Global Limited17 Oct 2026
- Thistle Accountancy Services Ltd16 Oct 2026
- The Antibody Company Limited16 Oct 2026