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Meetings of creditors (CVL)

Climax Promotions & Events Ltd liquidation

active Company no. 12433707 Published 20 October 2026

In short: Climax Promotions & Events Ltd (company no. 12433707) went into creditors' voluntary liquidation, according to a Meetings of creditors (CVL) notice published in The London Gazette on 20 October 2026. The office holder is Nicholas Barnett.

The notice announces a virtual creditors’ meeting for Climax Promotions & Events Ltd on 4 November 2026 at 10:15 am, with details on proxy and proof filing and contact information for the liquidator.

Notice details

Company
CLIMAX PROMOTIONS & EVENTS LTD
Company number
12433707
Registered office
Kingshill House, Stow Hill, Newport NP20 4EA
Principal trading address
Kingshill House, Stow Hill, Newport NP20 4EA
Liquidator
Nicholas Barnett
Liquidator reference
(9731)
Meeting type
Virtual creditors’ meeting
Meeting date
4 November 2026
Meeting time
10:15 am
Contact
Nicholas Barnett, Libertas Associates Limited, Unit 3, Chandler House, Bushey WD23 1FL, Telephone: 02086345599, Email: [email protected]

What the last filed accounts showed

As at 31 December 2024 · unaudited · 21 months before the first insolvency notice

Total assets
£2.6m
Cash at bank
£109k
Net assets
-£5.1m
Total liabilities
£7.7m

These are the company's own figures from Companies House, not from the Gazette notice, and they describe its position at that date rather than what it owes now. Negative net assets means liabilities exceeded assets. The full record is on the Climax Promotions & Events Ltd company page.

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?.

What happens next

The liquidator realises the assets, writes to known creditors inviting claims, reports on the directors' conduct, and distributes what is recovered in the order fixed by law — costs of the liquidation, preferential creditors, secured creditors, then unsecured creditors. Claims go to the liquidator named in the notice, not to the company. The company is dissolved once the liquidation is complete.

All notices for Climax Promotions & Events Ltd

2 Gazette notices on record for company no. 12433707, newest first. The full history, with last filed accounts, is on the Climax Promotions & Events Ltd company record.

  1. Petitions to wind up (Companies) 05 Oct 2026

How does this notice affect you?

Choose what applies and we'll point you at the right next step.

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

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Frequently asked questions

Has Climax Promotions & Events Ltd gone into liquidation?

The London Gazette published a Meetings of creditors (CVL) for Climax Promotions & Events Ltd (company no. 12433707) on 20 October 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 Meetings of creditors (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.

What happens next?

The liquidator realises the assets, writes to known creditors inviting claims, reports on the directors' conduct, and distributes what is recovered in the order fixed by law — costs of the liquidation, preferential creditors, secured creditors, then unsecured creditors. Claims go to the liquidator named in the notice, not to the company. The company is dissolved once the liquidation is complete.

Who is dealing with the liquidation?

The office holder named in the notice: Nicholas Barnett. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.

Why did the company go into liquidation?

The Gazette notice records the legal step, not the cause, so it does not say why the company failed. Its last filed accounts, to 31 December 2024, showed liabilities exceeding assets by £5.1m. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.

How much did the company owe?

The notice does not give a figure. The closest public number is total liabilities of £7.7m in its last filed accounts, to 31 December 2024. What was owed when the process began will differ, and is set out in the statement of affairs.

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.