Rascasse Homes LTD goes into liquidation
Active Company no. 09396341 Incorporated Jan 2015 Real Estate B postcode area
Drwin House, 7 Kidderminster Road, Bromsgrove, B61 7JJ
The most recent insolvency notice for Rascasse Homes LTD is a Resolution for winding up (CVL), published 19 October 2026 in The London Gazette. The office holder is Timothy James Heaselgrave (IP number 9193) of The Timothy James Partnership Limited, Darwin House, 7 Kidderminster Road, Bromsgrove, B61 7JJ, appointed 16 October 2026. Its last accounts filed at Companies House, to 31 August 2024, showed total assets of £102k and net assets of -£332k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 25 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 August 2024 · micro entity accounts · unaudited · filed 25 months before the first insolvency notice
Total liabilities is not shown for this company: the filed balance sheet did not reconcile against the figures we could read, so the total would be incomplete.
Insolvency notices (3)
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Resolution for winding up (CVL) 19 Oct 2026
RASCASSE HOMES LTD has resolved to voluntarily wind up the company and appointed Timothy James Heaselgrave as liquidator.
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Appointment of liquidators (CVL) 19 Oct 2026
Rascasse Homes Ltd has been placed into a creditors’ voluntary liquidation and Timothy James Heaselgrave of The Timothy James Partnership Limited has been appointed as liquidator on 16 October 2026.
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Meetings of creditors (CVL) 08 Oct 2026
The directors of Rascasse Homes Limited are convening a virtual creditors' meeting on 16 October 2026 to nominate a liquidator and vote on the liquidator’s fees.
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 Rascasse Homes 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
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What the public record showed for this company before its insolvency notice:
- Its last filed accounts, to August 2024, already showed negative net assets of -£332k, 25 months before the first insolvency notice.
- Its accounts were overdue at Companies House.
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 Rascasse Homes LTD in liquidation?
The most recent insolvency notice for Rascasse Homes LTD (company no. 09396341) is a Resolution for winding up (CVL), published 19 October 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 Rascasse Homes LTD's last filed accounts?
Rascasse Homes LTD's last accounts filed at Companies House, to 31 August 2024, showed total assets of £102k, net assets of -£332k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Rascasse Homes LTD have?
Rascasse Homes LTD has 3 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 19 October 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.