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Appointment of liquidators (CVL)

Protexmart LTD goes into liquidation

active Company no. 12051639 Published 28 August 2026

In short: Protexmart LTD (company no. 12051639) went into creditors' voluntary liquidation, according to a Appointment of liquidators (CVL) notice published in The London Gazette on 28 August 2026. The office holder is Situl Devji Raithatha (IP No. 8927) of Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS, appointed 21 August 2026. The company's business: print and embroidery, trading from Unit 5C/30 Sawday Street, Leicester, LE2 7JW.

The notice announces the appointment of Situl Devji Raithatha of Springfields Advisory LLP as liquidator of PROTEXMART LTD in a creditors' voluntary liquidation.

Notice details

Company
PROTEXMART LTD
Company number
12051639
Nature of business
Print and Embroidery
Type of liquidation
Creditors' Voluntary
Registered office
Unit 5C/30 Sawday Street, Leicester, LE2 7JW
Principal trading address
Unit 5C/30 Sawday Street, Leicester, LE2 7JW
Appointed by
Members and Creditors
Liquidator
Situl Devji Raithatha (IP No. 8927) of Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS
Date of appointment
21 August 2026
Contact
Nishi Bhatt, Springfields Advisory LLP, 0116 299 4745, [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 Protexmart LTD

3 Gazette notices on record for company no. 12051639, newest first. The full history, with last filed accounts, is on the Protexmart LTD company record.

  1. Re-use of a prohibited name 08 Sep 2026
  2. Resolution for winding up (CVL) 28 Aug 2026

How does this notice affect you?

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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

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Frequently asked questions

Has Protexmart LTD gone into liquidation?

The London Gazette published a Appointment of liquidators (CVL) for Protexmart LTD (company no. 12051639) on 28 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 Appointment of liquidators (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 (IP No. 8927) of Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS, appointed 21 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.