Novara Nexus LTD faces a winding-up petition
Active Company no. 16011023 Incorporated Oct 2024 NE postcode area
Collingwood Buildings, 38 Collingwood Street, Newcastle Upon Tyne, NE1 1JF
The most recent insolvency notice for Novara Nexus LTD is a Petitions to wind up (Companies), published 02 October 2026 in The London Gazette. The petition was presented by HM Revenue & Customs. The case is before the High Court of Justice (case CR-2026-006526 of 2026). Its last accounts filed at Companies House, to 31 October 2025, showed total assets of £631k and net assets of £14k. A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
Last filed balance sheet
As at 31 October 2025 · micro entity accounts · unaudited · filed 11 months before the first insolvency notice
Average employees during the period: 66
Insolvency notices (1)
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Petitions to wind up (Companies) 02 Oct 2026
A petition to wind up NOVARA NEXUS LTD has been filed by HM Revenue & Customs and will be heard on 14 October 2026 at 10:30 hrs.
Owed money by Novara Nexus 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?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear 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 Novara Nexus LTD in liquidation?
The most recent insolvency notice for Novara Nexus LTD (company no. 16011023) is a Petitions to wind up (Companies), published 02 October 2026 in The London Gazette. A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
What were Novara Nexus LTD's last filed accounts?
Novara Nexus LTD's last accounts filed at Companies House, to 31 October 2025, showed total assets of £631k, net assets of £14k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Novara Nexus LTD have?
Novara Nexus LTD has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 02 October 2026.
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.