Case Studies/Hospitality/BARATXURI LIMITED
Creditors' voluntary liquidation

BARATXURI LIMITED

Incorporated on 9 Jul 2015, Baratxuri Limited operated in the hospitality sector in Bury before entering liquidation. The company entered a creditors voluntary liquidation on 24 February 2026, with Hemal Mistry of Horsfields appointed as liquidator. This transition marks the end of a long period of management stability for the Bury based firm.

Key facts
Company no.09679094
SectorHospitality
Incorporated9 Jul 2015
Reg. officeBury BL9
Appointed24 Feb 2026
Office holderHEMAL MISTRY, HORSFIELDS
The timeline · incorporation → liquidation
9 Jul 2015
Incorporated
Registered as 09679094. Hospitality.
7 Apr 2017
First accounts filed
accounts-with-accounts-type-total-exemption-small
30 Jan 2025
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
24 Feb 2026
Liquidator appointed
Creditors' voluntary liquidation.
24 Feb 2026
Gazette notice published
Notice 5061776 in The Gazette.
26 Feb 2026
Statement of affairs
Sworn statement of assets and liabilities.

What the data was telling us

Readings from The Gazette and Companies House, in the firm's final two years.

Insolvency statusCVL
StatusCreditors' voluntary liquidation
Gazette refNotice 5061776
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Financial positionAs at 2026-02-11
Deficiency to creditors£47,907
Estimated assets£9,308
Total liabilities£57,215
Secured creditors£0
Unsecured creditors£19,391
Filing trajectoryLate filing
Incorporated9 Jul 2015
Last accounts30 Jan 2025
Confirmation stmtFiled
Account typeFull
Director stabilityBoard churn
Appointments2 since 2015
Resignations0 in final 12 mths
Active directors2
Avg tenure10.6 yrs
Practitioner appointedPractitioner
PractitionerHEMAL MISTRY
FirmHORSFIELDS
RoleLiquidator
IP numberIP 10770
AppointedUnknown
View profile →
Practitioner appointedPractitioner
PractitionerMANUBHAI GOVINDBHAI MISTRY
FirmHORSFIELDS
RoleLiquidator
IP numberIP 7787
AppointedUnknown
View profile →

Lessons behind the liquidation

01
Director longevity is not a guarantee of solvency

The company maintained a high level of leadership stability with an average director tenure of 10.6 years and zero resignations in the final 12 months. While consistent management is generally positive, it can sometimes delay external restructuring interventions when sector conditions deteriorate. This case shows that even experienced, long standing teams can find themselves overwhelmed by persistent trading pressures.

02
Timely accounts filing may mask underlying cash flow stress

Baratxuri Limited filed full accounts as recently as 30 January 2025, less than a month before the insolvency process commenced on 24 February 2026. This demonstrates that up to date compliance on the public register does not necessarily reflect real time liquidity. Stakeholders must look beyond historical filing compliance to assess the immediate viability of a hospitality operator.

03
Sectoral pressures challenge established regional operators

Having traded since its incorporation on 9 Jul 2015, the Bury based hospitality business succumbed to liquidation in 2026. This highlights the intense operational environment facing independent food and beverage establishments outside major metropolitan centres. The formal winding up process under the Insolvency Act 1986 indicates that even deeply rooted local brands face severe systemic challenges.

Pattern context

This case resembles the classic pattern of a well established regional hospitality business with stable long term management that ultimately succumbs to sudden liquidity pressures despite maintaining compliant public filings until the end.

Indicative basis · modelled across LIQUI's corpus, indicative, not predictive
The full forensic report

Every charge, every filing, every appointment, in one dossier.

Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for BARATXURI LIMITED.