Praveet Ltd members' voluntary liquidation
Active Company no. 06419611 Incorporated Nov 2007 Manufacturing CO postcode area
The Coach House, Headgate, Colchester, CO3 3BT
The most recent insolvency notice for Praveet Ltd is a Notices to creditors (MVL), published 05 August 2026 in The London Gazette. The office holders are Glyn Mummery; Julie Humphrey, appointed 23 July 2026. Its last accounts filed at Companies House, to 31 December 2024, showed total assets of £417k and net assets of £416k. Those accounts were filed 19 months before the first insolvency notice, so they describe the company well before the process began. 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 December 2024 · total exemption full accounts · unaudited · filed 19 months before the first insolvency notice
Average employees during the period: 2
Insolvency notices (3)
-
Notices to creditors (MVL) 05 Aug 2026
Creditors of Praveet Ltd are invited to submit their full details and claims by 27 August 2026 for a members’ voluntary liquidation.
-
Appointment of liquidators (MVL) 05 Aug 2026
PRAVEET LTD has appointed Glyn Mummery and Julie Humphrey as liquidators in a members' liquidation effective 23 July 2026.
-
Resolution for winding up (MVL) 05 Aug 2026
PRAVEET LTD resolved to voluntarily wind up and appointed Glyn Mummery and Julie Humphrey as joint liquidators.
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 Praveet 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.
Related guidance
Frequently asked questions
Is Praveet 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 Praveet Ltd (company no. 06419611) is a Notices to creditors (MVL), published 05 August 2026 in The London Gazette.
What were Praveet Ltd's last filed accounts?
Praveet Ltd's last accounts filed at Companies House, to 31 December 2024, showed total assets of £417k, cash of £16k, net assets of £416k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Praveet Ltd have?
Praveet Ltd has 3 insolvency notices recorded in The London Gazette, the most recent being a Notices to creditors (MVL) on 05 August 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.