Prax Shipping Limited goes into liquidation
Liquidation Company no. 10792957 Incorporated May 2017 Transport & Logistics NR postcode area
C/O Larking Gowen Llp, 1st Floor, Prospect House, Rouen Road, Norwich, NR1 1RE
The most recent insolvency notice for Prax Shipping Limited is a Resolution for winding up (CVL), published 29 September 2026 in The London Gazette. The office holders are Andrew Anderson Kelsall (IP No. 009555) of Larking Gowen LLP, 1st Floor, Prospect House, Rouen Road, Norwich, Norfolk, NR1 1RE; Lee Anthony Green (IP No. 015610, appointed 23 September 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.
Last filed balance sheet
Accounts filed on paper only.
Insolvency notices (2)
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Resolution for winding up (CVL) 29 Sep 2026
PRAX SHIPPING LIMITED resolved to voluntarily wind up the company and appointed two joint liquidators at a meeting on 23 September 2026.
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Appointment of liquidators (CVL) 29 Sep 2026
The notice announces the appointment of two joint liquidators for PRAX SHIPPING 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 Prax Shipping 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?
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.
Frequently asked questions
Is Prax Shipping Limited in liquidation?
The most recent insolvency notice for Prax Shipping Limited (company no. 10792957) is a Resolution for winding up (CVL), published 29 September 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 Prax Shipping Limited's last filed accounts?
Accounts filed on paper only for Prax Shipping Limited at Companies House.
How many insolvency notices does Prax Shipping Limited have?
Prax Shipping Limited has 2 insolvency notices recorded in The London Gazette, the most recent being a Resolution for winding up (CVL) on 29 September 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.