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Warning: Company is liquidation

This status significantly impacts the Vetted Score.

NORWARD BUSINESS SYSTEMS LIMITED

#SC192119liquidationltd

Is NORWARD BUSINESS SYSTEMS LIMITED Vetted & Legitimate?

NORWARD BUSINESS SYSTEMS LIMITED was incorporated on 22 December 1998 as a private limited company, making it 27 years old. The company's current status is "liquidation". It currently has 3 active officers on record and 1 historical appointment that have since resigned. There are 4 charges registered against this company, of which 2 remain outstanding.

Company Age27 yrs
Statusliquidation
Active Officers3
Outstanding Charges2
Vetted Score25/100

Vetted Score

25/100

Caution

Based on automated analysis of public records.

Active StatusWARN (+0/30)

Company status is liquidation.

Company AgePASS (+20/20)

Operating for 27 years.

Filing CompliancePASS (+20/20)

All accounts and statements are up to date.

Strike-off HistoryPASS (+15/15)

No strike-off history found.

Director StabilityPASS (+15/15)

Established leadership structure.

Charges & MortgagesWARN (+0/10)

2 outstanding charge(s) registered.

Insolvency RiskWARN (+-50/0)

CRITICAL: Company is actively in liquidation.

Officer Pattern AdjustmentPASS (+5/5)

Officers have excellent track records (+5). (Avg Officer Score: 88)

Financial Health & Compliance

Insolvency Risk: This company has a history of insolvency proceedings. Please review the Insolvency section for details before proceeding.

Annual Accounts

Unknown

small

Confirmation Statement

Up to date

Filed

Next due: 19/01/2005

Charges & Mortgages

Has Outstanding

2 Outstanding

Out of 4 total charges

Company / Officer Relationships

Visualization of directors and their other active appointments. (Limited to 5 active directors)

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Nature of Business (SIC)

  • 5274Unknown SIC Code
  • 7134Unknown SIC Code

Key Dates & Events Timeline

Nov 11, 2004

legacy

address

filing
Mar 29, 2004

liquidation compulsory notice winding up scotland

insolvency

filing
Mar 29, 2004

liquidation compulsory winding up order scotland

insolvency

filing
Mar 29, 2004

legacy

address

filing
Mar 24, 2004

Insolvency Case: compulsory-liquidation

Event: petitioned-on

insolvency
Mar 24, 2004

Insolvency Case: compulsory-liquidation

Event: wound-up-on

insolvency
Mar 9, 2004

liquidation compulsory appointment provisional liquidator scotland

insolvency

filing
Jan 28, 2004

accounts with accounts type small

accounts

filing
Jan 8, 2004

legacy

annual return

filing
Oct 22, 2003

legacy

mortgage

filing
Oct 22, 2003

Charge Satisfied

The charge from 1999-12-24 was satisfied.

charge
Jan 29, 2003

legacy

mortgage

filing
Jan 17, 2003

Charge Created

Status: outstanding. The Royal Bank of Scotland PLC

charge
Jan 8, 2003

resolution

resolution

filing
Jan 2, 2003

legacy

annual return

filing

Directors & Officers

Charges & Mortgages

2 outstanding / 4 total charge(s)

  • outstandingBond & floating charge
    Entitled: The Royal Bank of Scotland PLC
    Created: 2003-01-17
  • outstandingFloating charge
    Entitled: The Royal Bank of Scotland Commercial Services Limited
    Created: 2002-04-05
  • fully satisfiedFloating charge
    Entitled: Clydesdale Bank Public Limited Company
    Created: 1999-12-24Satisfied: 2003-10-22
  • fully satisfiedBond & floating charge
    Entitled: The Governor and Company of the Bank of Scotland
    Created: 1999-03-24Satisfied: 2000-02-02

Insolvency History

  • compulsory liquidationCase #1
    Key Dates:petitioned on: 2004-03-24wound up on: 2004-03-24
    Practitioners:
    Alexander Iain Fraser (provisional liquidator)

Recent Filings

  • address2004-11-11
    View PDF
    legacy
  • insolvency2004-03-29
    View PDF
    liquidation compulsory notice winding up scotland
  • insolvency2004-03-29
    View PDF
    liquidation compulsory winding up order scotland
  • address2004-03-29
    View PDF
    legacy
  • insolvency2004-03-09
    View PDF
    liquidation compulsory appointment provisional liquidator scotland

Key Dates

  • Incorporated1998-12-22
  • Next Accounts DueN/A
  • Next Confirmation Due19/01/2005

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Frequently Asked Questions

What is a Vetted Score?

The Vetted Score is a 0–100 rating calculated automatically from publicly available Companies House data. It considers factors such as the length of time the company has been active, whether filings are up to date, the number of active directors, outstanding charges, and any insolvency history. A higher score indicates fewer administrative risk signals — it is not a credit rating and does not reflect on the quality of a company's products or services.

What does “active” company status mean?

An “active” status means the company is currently registered and has not been dissolved or struck off by Companies House. It does not necessarily mean the company is currently trading — many registered companies are dormant. Always verify trading activity through direct contact or financial accounts.

What are charges and mortgages on a company?

A charge (also called a debenture or mortgage) is a form of security given by a company over its assets in favour of a lender. If a charge is “outstanding”, it means the underlying debt has not yet been repaid or discharged. Charges are registered at Companies House and are a matter of public record. An outstanding charge is not necessarily a problem — many healthy businesses borrow money secured against their assets.

How can I verify a UK company is legitimate?

You can verify any UK company by checking its record on the official Companies House register at find-and-update.company-information.service.gov.uk. Look for: an active status, recent confirmation statements and accounts filed on time, a registered office address, and at least one active director. Cross-referencing the company's website, VAT registration, and professional body memberships also helps.

What does a dissolved company mean?

A dissolved company has been removed from the Companies House register and no longer exists as a legal entity. It cannot enter contracts, employ staff, or trade. The dissolution may have been voluntary (the owners chose to close it) or compulsory (struck off by Companies House for failing to file documents). Dissolved company records remain publicly searchable.

Where does this data come from?

All company data on Vetted is sourced directly from the Companies House public API. Companies House is the UK's official registrar of companies, responsible for maintaining public records of all limited companies in England, Wales, Scotland, and Northern Ireland. This data is updated regularly but may not reflect changes made within the last 24–48 hours.