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Resolution for winding up (CVL)

Lounges.tv Ltd goes into liquidation

active Company no. 12950479 Published 11 November 2026

In short: Lounges.tv Ltd (company no. 12950479) went into creditors' voluntary liquidation, according to a Resolution for winding up (CVL) notice published in The London Gazette on 11 November 2026. The office holders are Nicola Meadows (IP No. 9184) of AABRS Limited, Langley House, 53 Theobald Street, Borehamwood, Hertfordshire, WD6 4RT; Mark Newton (IP No. 9732) of AABRS Limite, appointed 3 November 2026. The company's business: streaming technology platform, trading from Swaker Yard, 2B Theobald Street, Borehamwood, Hertfordshire, WD6 4SE.

LOUNGES.TV LTD has been voluntarily wound up by a special resolution at a meeting on 3 November 2026, with joint liquidators Nicola Meadows and Mark Newton appointed.

Notice details

Company
LOUNGES.TV LTD
Company number
12950479
Nature of business
streaming technology platform
Type of liquidation
Creditors Voluntary Liquidation
Registered office
Athene House (Entrance Hartley Avenue), 86 The Broadway, Mill Hill, London, NW7 3TD
Principal trading address
Swaker Yard, 2B Theobald Street, Borehamwood, Hertfordshire, WD6 4SE
Place of meeting
3rd Floor, Swaker Yard, 2B Theobald Road, Borehamwood, Hertfordshire, WD6 4SE
Date of meeting
3 November 2026
Joint liquidators
Nicola Meadows (IP No. 9184) of AABRS Limited, Langley House, 53 Theobald Street, Borehamwood, Hertfordshire, WD6 4RT; Mark Newton (IP No. 9732) of AABRS Limited, Langley House, 53 Theobald Street, Borehamwood, Hertfordshire, WD6 4RT
Date of appointment
3 November 2026
Contact
Melanie Costello, AABRS Limited, 020 8444 3400, [email protected]

What the last filed accounts showed

As at 31 December 2025 · unaudited · 10 months before the first insolvency notice

Total assets
£2.3m
Cash at bank
£266k
Net assets
£2.2m
Total liabilities
£113k

Average employees during the period: 18

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 Lounges.tv 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.

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All notices for Lounges.tv Ltd

2 Gazette notices on record for company no. 12950479, newest first. The full history, with last filed accounts, is on the Lounges.tv Ltd company record.

  1. Appointment of liquidators (CVL) 11 Nov 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.

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Frequently asked questions

Has Lounges.tv Ltd gone into liquidation?

The London Gazette published a Resolution for winding up (CVL) for Lounges.tv Ltd (company no. 12950479) on 11 November 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.

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 holders named in the notice: Nicola Meadows (IP No. 9184) of AABRS Limited, Langley House, 53 Theobald Street, Borehamwood, Hertfordshire, WD6 4RT; Mark Newton (IP No. 9732) of AABRS Limite, appointed 3 November 2026. 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 2025, showed net assets of £2.2m, so any deterioration came after those figures or is not visible in them. 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 £113k in its last filed accounts, to 31 December 2025. What was owed when the process began will differ, and is set out in the statement of affairs.

How many jobs are affected?

The notice does not say. The last filed accounts recorded an average of 18 employees in the period to 31 December 2025, which is the closest public figure and may be out of date.

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.