HomeCompanies in LiquidationParas Sourcing & Consultancy Ltd

Is Paras Sourcing & Consultancy Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Paras Sourcing & Consultancy Ltd (company number 15218105) entered creditors' voluntary liquidation on 30 October 2025, by its creditors. Hemal Mistry of null was appointed as liquidator.

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Paras Sourcing & Consultancy Ltd is now in creditors' voluntary liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number15218105
Incorporated18 October 2023 (3 years old)
Registered officeC/O Horsfields, Belgrave Place, 8 Manchester Road, Bury, Lancashire, BL9 0ED
Nature of business (SIC)15200: Manufacture of footwear (Manufacturing)
Date entered creditors' voluntary liquidation30 October 2025
LiquidatorHemal Mistry, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Paras Sourcing & Consultancy Ltd is a manufacturing business based in Bury, incorporated in 2023 and 2 years old when the liquidator was appointed. Its registered activity is manufacture of footwear (SIC 15200). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control.

Directors

2 people have been appointed as directors of Paras Sourcing & Consultancy Ltd.

DirectorStatusResigned
Rajesh RahejaActive
Paige Maryleigh MartinResigned17 Mar 2025

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Persons with significant control

Individuals or entities with significant influence or control.

What happened

EventDateType
Registered office address changed6 November 2025AD01
Appointment of a voluntary liquidator6 November 2025600
Resolutions6 November 2025RESOLUTIONS
Statement of affairs6 November 2025LIQ02
Creditors' voluntary liquidationStatus30 October 2025
5 earlier events · 2024 to 2025
Micro company accounts made up19 July 2025AA
Registered office address changed13 June 2025AD01
Current accounting period extended17 March 2025AA01
Termination of appointment as a director17 March 2025TM01
Confirmation statement made with no updates24 October 2024CS01
Incorporation18 October 2023NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.

Owed money by a company in liquidation

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.

How retention of title works

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Other manufacturing companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Paras Sourcing & Consultancy Ltd in creditors' voluntary liquidation?
Yes. Paras Sourcing & Consultancy Ltd (company number 15218105) entered creditors' voluntary liquidation on 30 October 2025, by its creditors. Hemal Mistry of null was appointed as liquidator.
Who is the liquidator of Paras Sourcing & Consultancy Ltd?
Hemal Mistry, a licensed insolvency practitioner at null, was appointed liquidator of Paras Sourcing & Consultancy Ltd on 30 October 2025. Creditors can contact the liquidator directly to submit a claim.
What does Paras Sourcing & Consultancy Ltd do?
Paras Sourcing & Consultancy Ltd's registered nature of business is manufacture of footwear (SIC 15200). It is classified in the manufacturing sector.
Where is Paras Sourcing & Consultancy Ltd based?
Paras Sourcing & Consultancy Ltd's registered office is C/O Horsfields, Belgrave Place, 8 Manchester Road, Bury, Lancashire, BL9 0ED. The registered office is the address held on the public register, which is not always the trading address.
When was Paras Sourcing & Consultancy Ltd founded?
Paras Sourcing & Consultancy Ltd was incorporated on 18 October 2023, 2 years before the liquidator was appointed.
What is Paras Sourcing & Consultancy Ltd's company number?
Paras Sourcing & Consultancy Ltd's registered company number is 15218105.
Who has significant control of Paras Sourcing & Consultancy Ltd?
2 active people with significant control over Paras Sourcing & Consultancy Ltd are on the register: Mr Rajesh Raheja, Mrs Paige Maryleigh Martin.
What does liquidation mean for creditors of Paras Sourcing & Consultancy Ltd?
Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
How long does liquidation take?
Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
Will creditors get paid in Paras Sourcing & Consultancy Ltd's liquidation?
Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.

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