P&L Worrall Limited liquidation
Active Company no. NI634779 Incorporated Nov 2015 Hospitality & Food Service BT postcode area
C/O Scc Chartered Accountants Ltd, 1 The Square, Moy, BT71 7SG
The most recent insolvency notice for P&L Worrall Limited is a Meetings of creditors (CVL), published 30 October 2026 in The London Gazette. The office holder is Rory Moynagh. Its last accounts filed at Companies House, to 31 March 2025, showed total assets of £108k and net assets of -£89k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 19 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 March 2025 · total exemption full accounts · unaudited · filed 19 months before the first insolvency notice
Insolvency notices (1)
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Meetings of creditors (CVL) 30 Oct 2026
A creditors' meeting for P&L Worral Limited in its Creditors’ Voluntary Liquidation is scheduled for 11 November 2026 at SCC Chartered Accountants Limited.
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 P&L Worrall 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.
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 March 2025, already showed negative net assets of -£89k, 19 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 P&L Worrall Limited in liquidation?
The most recent insolvency notice for P&L Worrall Limited (company no. NI634779) is a Meetings of creditors (CVL), published 30 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 P&L Worrall Limited's last filed accounts?
P&L Worrall Limited's last accounts filed at Companies House, to 31 March 2025, showed total assets of £108k, cash of £33k, net assets of -£89k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does P&L Worrall Limited have?
P&L Worrall Limited has 1 insolvency notice recorded in The London Gazette, the most recent being a Meetings of creditors (CVL) on 30 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.
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.