Thimble's Online Limited goes into liquidation

The most recent insolvency notice for Thimble's Online Limited is a Resolution for winding up (CVL), published 29 September 2026 in The London Gazette. The office holder is Situl Devji Raithatha (IP No. 8927) of Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS. Telephone: 0116 299 4745, appointed 23 September 2026. Its last accounts filed at Companies House, to 31 January 2025, showed total assets of £8k and net assets of -£15k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 20 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.

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.