Resolution for winding up (CVL)
Mgl-five LTD goes into liquidation
In short: Mgl-five LTD (company no. 13857390) went into creditors' voluntary liquidation, according to a Resolution for winding up (CVL) notice published in The London Gazette on 18 August 2026. The office holder is Situl Devji Raithatha, appointed 11 August 2026.
The sole member of MGL‑FIVE LTD passed resolutions on 11 August 2026 to voluntarily wind up the company and appointed Situl Devji Raithatha of Springfields Advisory LLP as liquidator.
Notice details
- Company
- MGL‑FIVE LTD
- Company number
- 13857390
- Registered office
- 1245 Yardley Wood Road, Shirley, Solihull, B90 1LA
- Principal trading address
- 2 Heathfield Road, Birmingham, B14 7DB
- Office holder(s)
- Situl Devji Raithatha
- Office holder number(s)
- IP No. 8927
- Office holder address
- Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS
- Date of appointment
- 11 August 2026
- Appointed by
- written resolutions of the sole member
- Contact
- Nishi Bhatt, Springfields Advisory LLP, 0116 249 2011, [email protected]
What this notice means
Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
Read more: What is Liquidation?.
All notices for Mgl-five LTD
2 Gazette notices on record for company no. 13857390, newest first. The full history, with last filed accounts, is on the Mgl-five LTD company record.
- Appointment of liquidators (CVL) 18 Aug 2026
How does this notice affect you?
Choose what applies and we'll point you at the right next step.
A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If MGL-FIVE LTD owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2's founder has turned around UK businesses since 1990, and K2 has backed and restructured them since 2001, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at MGL-FIVE LTD or something similar, start the conversation early.
If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2's founder has helped UK directors turn things around since 1990. Talk to us in confidence.
Is your own business showing the same warning signs?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More liquidation notices
Frequently asked questions
Has Mgl-five LTD gone into liquidation?
The London Gazette published a Resolution for winding up (CVL) for Mgl-five LTD (company no. 13857390) on 18 August 2026. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
What does a Resolution for winding up (CVL) mean?
Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
Who is dealing with the liquidation?
The office holder named in the notice: Situl Devji Raithatha, appointed 11 August 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.