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Twenty23 Limited members' voluntary liquidation

Active Company no. 14462512 Incorporated Nov 2022 Financial Services LE postcode area

Companies House record →

38 De Montfort Street, Leicester, LE1 7GS

The most recent insolvency notice for Twenty23 Limited is a Notices to creditors (MVL), published 30 October 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, appointed 26 October 2026. Its last accounts filed at Companies House, to 31 December 2024, showed total assets of £1.9m and net assets of £26k. Those accounts were filed 22 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 31 December 2024 · total exemption full accounts · unaudited · filed 22 months before the first insolvency notice

Total assets
£1.9m
Cash at bank
£40k
Net assets
£26k
Total liabilities
£1.8m

Insolvency notices (3)

  1. The liquidator of Twenty23 Limited announces final distributions to creditors in a members’ voluntary liquidation and states any remaining funds will go to shareholders.

  2. The notice announces that members have appointed Situl Devji Raithatha of Springfields Advisory LLP as liquidator of Twenty23 Limited in a members' voluntary liquidation.

  3. The sole member of TWENTY23 LIMITED passed resolutions on 26 October 2026 to voluntarily wind up the company and appoint Situl Devji Raithatha of Springfields Advisory LLP as liquidator.

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 Twenty23 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 Twenty23 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 Twenty23 Limited (company no. 14462512) is a Notices to creditors (MVL), published 30 October 2026 in The London Gazette.

What were Twenty23 Limited's last filed accounts?

Twenty23 Limited's last accounts filed at Companies House, to 31 December 2024, showed total assets of £1.9m, cash of £40k, net assets of £26k. For a distressed company the last filing often predates the insolvency by a year or more.

How many insolvency notices does Twenty23 Limited have?

Twenty23 Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Notices to creditors (MVL) on 30 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.