Parts+ Stornoway Limited faces a winding-up petition
Active Company no. SC667168 Incorporated Jul 2020 Manufacturing HS postcode area
20 Inaclete Road, Stornoway, HS1 2RB
The most recent insolvency notice for Parts+ Stornoway Limited is a Petitions to wind up (Companies), published 25 September 2026 in The London Gazette. The office holder is George Dylan Lafferty, Insolvency Practitioner of BTG Begbies Traynor (Central) LLP, 2 Bothwell Street, Glasgow, G2 6LU, appointed 21 September 2026. The petition was presented by Parts + Stornoway Limited. The case is before the Stornoway Sheriff Court (case STO-L2-26). Its last accounts filed at Companies House, to 31 March 2025, showed total assets of £270k and net assets of -£124k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 18 months before its first insolvency notice. 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.
The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.
Last filed balance sheet
As at 31 March 2025 · micro entity accounts · unaudited · filed 18 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 (1)
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Petitions to wind up (Companies) 25 Sep 2026
Parts + Stornoway Limited has petitioned the Stornoway Sheriff Court to wind up the company, with George Dylan Lafferty appointed as provisional liquidator.
What happens next
At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.
Quote case number STO-L2-26 and the Stornoway Sheriff Court in any correspondence about the case, together with company number SC667168.
Owed money by Parts+ Stornoway 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 -£124k, 18 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 Parts+ Stornoway Limited in liquidation?
The most recent insolvency notice for Parts+ Stornoway Limited (company no. SC667168) is a Petitions to wind up (Companies), published 25 September 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 Parts+ Stornoway Limited's last filed accounts?
Parts+ Stornoway Limited's last accounts filed at Companies House, to 31 March 2025, showed total assets of £270k, net assets of -£124k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Parts+ Stornoway Limited have?
Parts+ Stornoway Limited has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 25 September 2026.
What happens next?
At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.
Who presented the winding-up petition, and why?
The petition was presented by Parts + Stornoway Limited. The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.
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.