Ideal Industries Holdings Limited
Ideal Industries Holdings Limited entered members' voluntary liquidation (MVL) on 20 Oct 2026
Ideal Industries Holdings Limited (company number 04998643) is a professional services business registered in London, London, incorporated on 18 Dec 2003. RSM UK Restructuring Advisory LLP 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
- 22 years and 10 months
- Incorporated 18 Dec 2003; liquidation from 20 Oct 2026
- Last accounts
- Made up to 31 Dec 2024 (group)
- Covers a period ending 1 year and 9 months before the liquidation began
- Directors
- 2 active directors
- Longest-serving appointed in 2024
- Charges
- None registered
- Appointed practitioner
- RSM UK Restructuring Advisory LLP
- Insolvency events on record
- 1
- Recorded 20 Oct 2026
- Liquidation
Members' voluntary (MVL)
RSM UK Restructuring Advisory LLP · London · Source: Companies House
- Since 15 May 2024
BROWN, Jeffery Ryan
Director
American · Resident in United States
- Since 13 May 2024
RAINA, Praptika, Ms.
Director
American · Resident in United States
- Resigned 15 May 2024
JOHNSEN, Sheila
Director
American · Resident in United States
Appointed 13 Feb 2020 - Resigned 30 Jun 2024
LAMB, Kevin James
Director
American · Resident in United States
Appointed 6 Dec 2017 - Resigned 13 Feb 2020
GIBLIN, Carmelle Marie
Director
American · Resident in United States
Appointed 24 Apr 2015 - Resigned 17 Mar 2014
GAGNON, Paul Anthony
Director
American · Resident in Usa
Appointed 1 Mar 2010 - Resigned 24 Apr 2015
PFOTENHAUER, James Marvin
Director
American · Resident in Usa
Appointed 1 Mar 2010 - Resigned 8 May 2015
FINNIE, Paul Michael
Director
British · Resident in United Kingdom
Appointed 30 Jan 2009 - Resigned 27 Mar 2009
SMITH, Roger David Charles
Director
British
Appointed 1 Oct 2008 - Resigned 27 Jan 2017
THOMAS, Lee Michael
Director
British · Resident in England
Appointed 1 Oct 2008
Showing 10 of 25 officers, current ones first. Full list on Companies House
Companies House data as of 21 Oct 2026
Registered office address
Nature of business (SIC)
- 70100 · Activities of head offices
Previous names
- TREND COMMUNICATIONS LIMITED · 25 Mar 2004 – 22 Jan 2010
- KNAVES BEECH INVESTMENTS LIMITED · 16 Feb 2004 – 25 Mar 2004
- FRAMEMAGNET LIMITED · 18 Dec 2003 – 16 Feb 2004
Companies House data as of 21 Oct 2026
No registered charges.
Companies House data as of 21 Oct 2026
London
London
EC4A 4AB
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.
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- Psynova Neurotech Limited20 Oct 2026
- Ideal Industries Holdings Limited20 Oct 2026
- Mbl (Business and Tax Advisers) Ltd20 Oct 2026
- Rfl Consulting Limited20 Oct 2026
- Abi Systems Limited20 Oct 2026
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