Shells Toys and Gifts Limited goes into liquidation
Active Company no. 08338769 Incorporated Dec 2012 Retail & Wholesale PO postcode area
203 West Street, Fareham, PO16 0EN
The most recent insolvency notice for Shells Toys and Gifts Limited is a Resolution for winding up (CVL), published 17 August 2026 in The London Gazette. The office holder is Richard Marchinton (IP No. 29010) of Conselia Limited, Dalton House, 1 Hawksworth Street, Ilkley, West Yorkshire, LS29 9DU, appointed 10 August 2026. Its last accounts filed at Companies House, to 31 December 2024, showed total assets of £172k and net assets of -£178k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 19 months before its first insolvency notice. 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.
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 (2)
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Resolution for winding up (CVL) 17 Aug 2026
The sole member of Shells Toys and Gifts Limited passed resolutions to voluntarily wind up the company and appointed Richard Marchinton as liquidator.
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Appointment of liquidators (CVL) 17 Aug 2026
The notice announces the appointment of Richard Marchinton of Conselia Limited as liquidator for Shells Toys and Gifts Limited in a creditors voluntary 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.
Owed money by Shells Toys and Gifts Limited?
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
Is your own business showing the same warning signs?
What the public record showed for this company before its insolvency notice:
- Its last filed accounts, to December 2024, already showed negative net assets of -£178k, 19 months before the first insolvency notice.
Each of these is visible 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.
Frequently asked questions
Is Shells Toys and Gifts Limited in liquidation?
The most recent insolvency notice for Shells Toys and Gifts Limited (company no. 08338769) is a Resolution for winding up (CVL), published 17 August 2026 in The London Gazette. 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 were Shells Toys and Gifts Limited's last filed accounts?
Shells Toys and Gifts Limited's last accounts filed at Companies House, to 31 December 2024, showed total assets of £172k, cash of £50k, net assets of -£178k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Shells Toys and Gifts Limited have?
Shells Toys and Gifts Limited has 2 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 17 August 2026.
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.
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.