Petitions to wind up (Companies)
Parasubs Ltd faces a winding-up petition
In short: Parasubs Ltd (company no. 14059351) faced a winding-up petition, according to a Petitions to wind up (Companies) notice published in The London Gazette on 19 August 2026. The petition was presented by DANIEL COCKETT MEDIA LTD (CRN: 11718041) of 73 Duke Street. The case is before the County Court at Cardiff (case INSOLVENCY AND COMPANIES LIST (ChD) No 0048 of 2026). The petition was listed to be heard on Monday 21 September 2026 at 12:30 hours — a date that has now passed.
The Gazette notice is not updated after the hearing. A winding-up order, if one followed, is published as a separate Gazette notice and appears on the Parasubs Ltd company record, alongside the current Companies House status.
A petition to wind up Parasubs Ltd (company number 14059351) will be heard in the County Court at Cardiff on 21 September 2026, presented by creditor Daniel Cockett Media Ltd.
Notice details
- Company
- PARASUBS LTD
- Company number
- 14059351
- Registered office
- 73 Richards Terrace, Cardiff, Wales, CF24 1RW
- Petitioner
- DANIEL COCKETT MEDIA LTD (CRN: 11718041) of 73 Duke Street, Darlington, DL3 7SD
- Petitioner's Solicitor
- Lee Bramley of Ward Hadaway LLP, Tobias House, St Mark's Court, Teesdale Business Park, TS17 6QW
- Court
- County Court at Cardiff
- Case number
- INSOLVENCY AND COMPANIES LIST (ChD) No 0048 of 2026
- Hearing date/time
- Monday 21 September 2026 at 12:30 hours
What this notice means
A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.
Read more: Facing a Winding-Up Petition?.
What happens next
At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.
Quote case number INSOLVENCY AND COMPANIES LIST (ChD) No 0048 of 2026 and the County Court at Cardiff in any correspondence about the case.
All notices for Parasubs Ltd
3 Gazette notices on record for company no. 14059351, newest first. The full history, with last filed accounts, is on the Parasubs Ltd company record.
- Winding up order (Companies) 01 Oct 2026
- Petitions to wind up (Companies) 10 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 PARASUBS 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 PARASUBS 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 winding up notices
Frequently asked questions
Has Parasubs Ltd gone into liquidation?
The London Gazette published a Petitions to wind up (Companies) for Parasubs Ltd (company no. 14059351) on 19 August 2026. A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
What does a Petitions to wind up (Companies) mean?
A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
What happens next?
At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.
Who presented the winding-up petition, and why?
The petition was presented by DANIEL COCKETT MEDIA LTD (CRN: 11718041) of 73 Duke Street. The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.
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.