UK timber merchants crashes into liquidation – in business since 2023

A UK timber merchant established just three years ago has entered a resolutions for winding up period after the appointment of liquidators. The family-run business entered into a formal process for resolving their liquidation process earlier this week. Albys Timber has supplied both trade and public since 2023.

Andrew Paul Stevens and Dean Anthony Nelson will oversee the liquidation process, The Gazette confirmed in a formal notice posted earlier this week. A representative for Albys Timber confirmed to The Daily Express that the business had entered a resolutions for winding up period. The business has made a single post to its Facebook page in 2026, confirming they were now offering their services in shed building.

A post in The Gazette regarding the notice timeline reads: “Notice is given that by written resolutions, the sole member of the company passed a special resolution that the company be wound up voluntarily, and an ordinary resolution appointing the Joint Liquidators for the purposes of the winding-up.”

A description Albys Timber on their Facebook page reads: “We’re a family run timber merchants, based in Great Bridge, Tipton. Supplying to trade and public. We’re at Unit 5, Great Bridge, DY47HF.”

Per GOV.UK filings, an “extraordinary resolution to wind-up” Albys Timber was filed on May 11, 2026. A special reason from the company reads: “That the Company be wound up voluntarily.”

Appointment of a voluntary liquidator and statement of affairs documents were filed on May 20.

Business owners choose to liquidate their limited company. There’s a different process for people who want to liquidate their limited company in Scotland or wind up their company in Northern Ireland.

The company will stop doing business and employing people. The company will not exist once it’s been removed from the companies register at Companies House.

When a person liquidates a company, its assets are used to pay off its debts. Any money left goes to shareholders.

If that money has not been shared between the shareholders by the time the company is removed from the register, it will go to the state. The owner will need to restore their company to claim back money after it’s been removed from the register.