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INSOLVENCYLIST

Gitlife Biotech Ltd

№ 14690170SIC 72110Professional servicesIncorporated 27 Feb 2023
In liquidation
Liquidation

Gitlife Biotech Ltd entered members' voluntary liquidation (MVL) on 20 Oct 2026

Gitlife Biotech Ltd (company number 14690170) is a professional services business registered in Newcastle Upon Tyne, Newcastle Upon Tyne, incorporated on 27 Feb 2023. BTG Begbies Traynor (Central) LLP was appointed as liquidator. The record below is built from The Gazette and Companies House and updates automatically when new notices are published.

Professional services liquidationsProfessional services insolvenciesNorth East insolvenciesAll UK companies in liquidationWhat is a CVL?

Key facts

Company age when the liquidation began
3 years and 7 months
Incorporated 27 Feb 2023; liquidation from 20 Oct 2026
Last accounts
Made up to 28 Aug 2026 (total exemption full)
Covers a period ending 1 month before the liquidation began
Directors
2 active directors
Longest-serving appointed in 2025
Charges
None registered
Appointed practitioner
BTG Begbies Traynor (Central) LLP
Insolvency events on record
1
Recorded 20 Oct 2026
Distress history
  1. Liquidation

    Members' voluntary (MVL)

    BTG Begbies Traynor (Central) LLP · North East · Source: Companies House

Directors & officers
2 active · 5 resigned

  • ORR EWING, Alastair Frederick Archibald

    Director

    British · Resident in United Kingdom

    Since 6 Oct 2025

  • ELLIS, Beatrix Jane

    Director

    British,Norwegian · Resident in England

    Since 1 Feb 2025

  • EWING, Alastair Fredrik Archibald Orr

    Director

    British · Resident in Scotland

    Resigned 26 Feb 2025
    Appointed 15 Nov 2023

  • HOBBS, Leanne Winifred

    Director

    British · Resident in United Kingdom

    Resigned 29 Aug 2025
    Appointed 27 Feb 2023

  • KRASNOGOR, Natalio, Dr

    Director

    British · Resident in England

    Resigned 30 Aug 2025
    Appointed 27 Feb 2023

  • ROSTAMI, Nadia, Dr

    Director

    British · Resident in United Kingdom

    Resigned 30 Sept 2024
    Appointed 27 Feb 2023

  • CAMBRIDGE FUTURE TECH LTD

    Corporate director

    Resigned 14 Sept 2026
    Appointed 27 Feb 2023

Companies House data as of 21 Oct 2026

Case summary
Tracked events1
First distress event20 Oct 2026
Latest event20 Oct 2026
PractitionerBTG Begbies Traynor (Central) LLP
Companies House record
Company typePrivate limited company
StatusActive
Incorporated27 Feb 2023
JurisdictionEngland & Wales

Registered office address

3rd Floor Maybrook House, 27-35 Grainger Street, Newcastle Upon Tyne, NE1 5JE, United Kingdom

Nature of business (SIC)

  • 72110 · Research and experimental development on biotechnology
Last accounts made up to28 Aug 2026 (Total exemption full)
Next accounts due28 May 2028
AccountsUp to date
Last confirmation statement27 Aug 2026
Next confirmation statement due10 Sept 2027
Confirmation statementUp to date
Registered chargesNone
Insolvency historyNone

Companies House data as of 21 Oct 2026

Charges

No registered charges.

Companies House data as of 21 Oct 2026

Registered office

Newcastle Upon Tyne

Newcastle Upon Tyne

NE1 5JE

Official sources
Companies House profileFiling history & documentsGazette notices

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

  1. 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.
  2. Within five weeks of that declaration, shareholders pass a special resolution to wind up the company and appoint a licensed insolvency practitioner as liquidator.
  3. The resolution is advertised in The Gazette, and the liquidator gives notice inviting any creditors to submit claims by a set date.
  4. 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).
  5. 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

  1. Lyra Electronics Limited21 Oct 2026
  2. Simonmh Services Limited21 Oct 2026
  3. Denholm Pipetech Holdings Limited20 Oct 2026
  4. Luke Tattersall Ltd20 Oct 2026
  5. Gitlife Biotech Ltd20 Oct 2026
  6. Adelante Change Consulting Ltd20 Oct 2026
  7. Diglis Consulting Ltd20 Oct 2026
  8. Proaxis Events Limited20 Oct 2026
  9. West Hythe Financial Services Ltd20 Oct 2026
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