Practice Management & Development LTD enters members' voluntary liquidation
Active Company no. 03113489 Incorporated Oct 1995 Professional Services GU postcode area
2nd Floor, Shaw House, 3 Tunsgate, Guildford, GU1 3QT
The most recent insolvency notice for Practice Management & Development LTD is an Appointment of liquidators (MVL), published 30 September 2026 in The London Gazette. The office holders are Dermot Coakley (IP No. 6824); Svetlana Chan (IP No. 16850) – WSM Marks Bloom LLP, 2nd Floor, Shaw House, 3 Tunsgate, Guildford, Surrey, GU1 3QT, appointed 22 September 2026. Its last accounts filed at Companies House, to 31 March 2026, showed total assets of £1.2m and net assets of £1.2m. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress.
Last filed balance sheet
As at 31 March 2026 · total exemption full accounts · unaudited · filed 6 months before the first insolvency notice
Average employees during the period: 2
Insolvency notices (3)
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Appointment of liquidators (MVL) 30 Sep 2026
The notice announces that the members have appointed Dermot Coakley and Svetlana Chan of WSM Marks Bloom LLP as liquidators of PRACTICE MANAGEMENT & DEVELOPMENT LTD.
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Resolution for winding up (MVL) 30 Sep 2026
The notice announces that PRACTICE MANAGEMENT & DEVELOPMENT LTD is being voluntarily wound up and joint liquidators Dermot Coakley and Svetlana Chan have been appointed.
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Notices to creditors (MVL) 30 Sep 2026
Creditors of PRACTICE MANAGEMENT & DEVELOPMENT LTD must prove their debts by 6 November 2026 as part of the company's voluntary liquidation.
What happens next
Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.
Owed money by Practice Management & Development LTD?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
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Frequently asked questions
Is Practice Management & Development LTD in financial difficulty?
No — the most recent process is a solvent one. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress. The most recent insolvency notice for Practice Management & Development LTD (company no. 03113489) is a Appointment of liquidators (MVL), published 30 September 2026 in The London Gazette.
What were Practice Management & Development LTD's last filed accounts?
Practice Management & Development LTD's last accounts filed at Companies House, to 31 March 2026, showed total assets of £1.2m, cash of £1.1m, net assets of £1.2m. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Practice Management & Development LTD have?
Practice Management & Development LTD has 3 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (MVL) on 30 September 2026.
What happens next?
Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.