Case Studies/Retail/PREMIER PROMOTIONS (G.B.) LIMITED
Creditors' voluntary liquidation

PREMIER PROMOTIONS (G.B.) LIMITED

Incorporated in 1997, Cheltenham-based Premier Promotions (G.B.) Limited operated in the retail sector for many years. The company entered a creditors' voluntary liquidation, with a failure date of 7 April 2026 following the appointment of Joe Whiley as liquidator on 1 April 2026. This transition marks the end of a long period of trading supported by stable governance.

Key facts
Company no.03474186
SectorRetail
Incorporated1 Dec 1997
Reg. officeCheltenham GL52
Appointed7 Apr 2026
Office holderJoe Whiley, Insolvency Direct
The timeline · incorporation → liquidation
1 Dec 1997
Incorporated
Registered as 03474186. Retail.
1 Dec 1997
Board changes begin
First of the director resignations before failure.
2 Sep 1999
First accounts filed
accounts-with-accounts-type-dormant
14 Jul 2011
Charge registered
Debenture granted to Lloyds Tsb Bank PLC.
22 Sep 2025
Latest accounts filed
accounts-with-accounts-type-micro-entity
7 Apr 2026
Liquidator appointed
Creditors' voluntary liquidation.
7 Apr 2026
Gazette notice published
Notice 5102565 in The Gazette.
17 Apr 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 5102565
EditionThe Gazette
Appointed byMembers & creditors
UnderInsolvency Act 1986, s.100 & s.109
Financial positionAs at 2026-03-25
Deficiency to creditors£74,146
Estimated assets£0
Secured creditors£27,173
Unsecured creditors£38,963
Filing trajectoryLate filing
Incorporated1 Dec 1997
Last accounts22 Sep 2025
Confirmation stmtFiled
Account typeMicro-entity
Director stabilityBoard churn
Appointments4 since 1997
Resignations0 in final 12 mths
Active directors1
Avg tenure8.3 yrs
Charges & secured creditorsFloating charge
Charges1 registered
InstrumentDebenture
HolderLloyds Tsb Bank PLC
Registered14 Jul 2011
Statusoutstanding
Practitioner appointedPractitioner
PractitionerJoe Whiley
FirmInsolvency Direct
RoleLiquidator
IP numberIP 29410
Appointed1 Apr 2026
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Lessons behind the liquidation

01
Legacy Debt Persistence

A debenture registered on 14 July 2011 in favour of Lloyds Tsb Bank PLC remains outstanding. This shows that 1 outstanding charge was registered on the public record for multiple years. Such long-term liabilities can restrict restructuring paths as a business approaches insolvency.

02
Concentrated Board Governance

With 4 director appointments since 1997 and an average tenure of 8.3 years, the board structure was highly stable. While there were 0 resignations in the final 12 months, the company operated with 1 active director at the time of insolvency. This highly concentrated governance model can increase key-person risk when a retail business faces operational challenges.

03
Reporting Type Limitations

The company last filed micro-entity accounts on 22 September 2025. This simplified reporting format offers minimal financial breakdown to creditors and stakeholders. Consequently, the transition to liquidation, with Joe Whiley appointed as liquidator on 1 April 2026, occurred with very little prior financial disclosure.

Pattern context

This case resembles a broader pattern where long-established retail businesses operate under a single director with highly simplified reporting structures, eventually entering liquidation with outstanding historic bank debt.

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 PREMIER PROMOTIONS (G.B.) LIMITED.