Time Shipping Services Limited enters members' voluntary liquidation
Active Company no. 10976411 Incorporated Sep 2017 Retail & Wholesale CV postcode area
Windmill House Finwood Road, Rowington, Warwick, CV35 7DF
The most recent insolvency notice for Time Shipping Services Limited is an Appointment of liquidators (MVL), published 12 October 2026 in The London Gazette. The office holders are Nicola Elaine Layland (IP No. 017652); Stewart Goldsmith (IP No. 020970), appointed 7 October 2026. Its last accounts filed at Companies House, to 30 September 2025, showed total assets of £103k and net assets of £51k. Those accounts were filed 12 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 30 September 2025 · micro entity accounts · unaudited · filed 12 months before the first insolvency notice
Average employees during the period: 1
Insolvency notices (3)
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Appointment of liquidators (MVL) 12 Oct 2026
The notice announces that the members have appointed Nicola Elaine Layland and Stewart Goldsmith as liquidators of TIME SHIPPING SERVICES LIMITED.
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Notices to creditors (MVL) 12 Oct 2026
Creditors of Time Shipping Services Limited must submit proof of debt by 5 November 2026 as part of a members’ voluntary liquidation.
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Resolution for winding up (MVL) 12 Oct 2026
The notice announces that TIME SHIPPING SERVICES LIMITED is being voluntarily wound up and that Nicola Elaine Layland and Stewart Goldsmith have been appointed as joint liquidators on 7 October 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.
Owed money by Time Shipping Services 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.
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Frequently asked questions
Is Time Shipping Services Limited 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 Time Shipping Services Limited (company no. 10976411) is a Appointment of liquidators (MVL), published 12 October 2026 in The London Gazette.
What were Time Shipping Services Limited's last filed accounts?
Time Shipping Services Limited's last accounts filed at Companies House, to 30 September 2025, showed total assets of £103k, net assets of £51k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Time Shipping Services Limited have?
Time Shipping Services Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (MVL) on 12 October 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.