Cornwall Hotels Ltd goes into liquidation
Active Company no. 15119977 Incorporated Sep 2023 Hospitality & Food Service TR postcode area
The Cottage Wellington Hotel 8-9 Market Square, St. Just, Penzance, TR19 7HD
The most recent insolvency notice for Cornwall Hotels Ltd is an Appointment of liquidators (CVL), published 20 October 2026 in The London Gazette. The office holder is Chris Parkman, of Purnells, Unit 5a, Kernick Industrial Estate, Penryn, Cornwall TR10 9EP, Telephone: 01326 340579, Email: [email protected] (C1715C), appointed 19 October 2026. Its last accounts filed at Companies House, to 30 September 2024, showed total assets of £23k and net assets of -£82k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 25 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 30 September 2024 · unaudited abridged accounts · unaudited · filed 25 months before the first insolvency notice
Total liabilities is not shown for this company: the filed balance sheet did not reconcile against the figures we could read, so the total would be incomplete.
Average employees during the period: 5
Insolvency notices (2)
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Appointment of liquidators (CVL) 20 Oct 2026
Cornwall Hotels Ltd has appointed Chris Parkman as liquidator in a creditors' voluntary liquidation.
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Resolution for winding up (CVL) 20 Oct 2026
Cornwall Hotels Ltd resolved to place the company into Creditors Voluntary Liquidation and appointed Chris Parkman as liquidator.
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 Cornwall Hotels 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
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What the public record showed for this company before its insolvency notice:
- Its last filed accounts, to September 2024, already showed negative net assets of -£82k, 25 months before the first insolvency notice.
- Its accounts were overdue at Companies House.
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 Cornwall Hotels Ltd in liquidation?
The most recent insolvency notice for Cornwall Hotels Ltd (company no. 15119977) is a Appointment of liquidators (CVL), published 20 October 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 Cornwall Hotels Ltd's last filed accounts?
Cornwall Hotels Ltd's last accounts filed at Companies House, to 30 September 2024, showed total assets of £23k, cash of £15k, net assets of -£82k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Cornwall Hotels Ltd have?
Cornwall Hotels Ltd has 2 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (CVL) on 20 October 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.
Why did the company go into liquidation?
The Gazette notices record the legal steps, not the cause, so they do not say why the company failed. Its last filed accounts, to 30 September 2024, showed liabilities exceeding assets by £82k. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.
How many jobs are affected?
The notices do not say. The last filed accounts recorded an average of 5 employees in the period to 30 September 2024, which is the closest public figure and may be out of date.
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.