New Shades LTD goes into liquidation
Active Company no. 14248486 Incorporated Jul 2022 Hospitality & Food Service SA postcode area
5 Prospect Place, Maritime Quarter, Swansea, SA1 1QP
The most recent insolvency notice for New Shades LTD is an Appointment of liquidators (CVL), published 30 September 2026 in The London Gazette. The office holders are Simon Thomas Barriball (IP number 11950); Helen Whitehouse (IP number 9680), appointed 24 September 2026. Its last accounts filed at Companies House, to 31 July 2025, showed total assets of £43k and net assets of -£240k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 14 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 July 2025 · micro entity accounts · unaudited · filed 14 months before the first insolvency notice
Average employees during the period: 35
Insolvency notices (4)
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Appointment of liquidators (CVL) 30 Sep 2026
NEW SHADES LIMITED has appointed joint liquidators for a creditors voluntary liquidation.
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Resolution for winding up (CVL) 30 Sep 2026
New Shades Limited resolved to be wound up by creditors' voluntary liquidation and appointed Simon Thomas Barriball and Helen Whitehouse as joint liquidators on 24 September 2026.
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Re-use of a prohibited name 29 Sep 2026
Director Richie Rogers notifies creditors that he intends to reuse the prohibited name "No Sign Wine Bar" after NEW SHADES LTD entered insolvent liquidation.
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Re-use of a prohibited name 29 Sep 2026
The notice announces that director Elizabeth Gregory intends to reuse the prohibited name “No Sign Wine Bar” for a new business after NEW SHADES LTD entered insolvent liquidation on 9 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.
Owed money by New Shades 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
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 July 2025, already showed negative net assets of -£240k, 14 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 New Shades LTD in liquidation?
The most recent insolvency notice for New Shades LTD (company no. 14248486) is a Appointment of liquidators (CVL), published 30 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 New Shades LTD's last filed accounts?
New Shades LTD's last accounts filed at Companies House, to 31 July 2025, showed total assets of £43k, net assets of -£240k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does New Shades LTD have?
New Shades LTD has 4 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (CVL) on 30 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.