Othership Ltd Faces Winding-Up Petition
A winding-up petition has been presented against London-headquartered technology company Othership Ltd (company number 11610729) at the High Court's Central Registry of Winding-up Petitions. Filed under case number CR-2026-007400 on 24 September 2026, the petition represents the formal institution of winding-up proceedings under Section 122(1)(f) of the Insolvency Act 1986.
The presentation of a petition is a formal assertion of debt default by a creditor and does not constitute a legal determination of insolvency. The final disposition of the matter remains subject to judicial hearing and determination by the court.
Petition details
The table below outlines the core filing metrics recorded at the registry:
| Attribute | Detail |
| :--- | :--- |
| Company Name | OTHERSHIP LTD |
| Company Number | 11610729 |
| Case Number | CR-2026-007400 |
| Filing Date | 24 September 2026 |
| Filing Registry | Central Registry of Winding-up Petitions (CE-File) |
| Case Type | Companies - Petition - Winding Up Petition |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
| Alleged Debt Amount | [Check the creditor report →](#offers-creditor) |
Company snapshot
Othership Ltd was incorporated on 8 October 2018. According to the public record at the Companies House register, the company maintains its registered office at Unit 410, 154-160 Fleet Street, London, England, EC4A 2DQ. Its corporate classification falls under Standard Industrial Classification (SIC) code 63120, designated for web portal operations.
The current corporate status of Othership Ltd remains listed as active on the official register. Financial accounts and turnover figures are not stated in the published court source.
Directors and ownership
Public filings show significant board and ownership changes occurring in March 2025.
Current officers
As recorded on the register, the current board of directors comprises:
- Mr Simon Henry: Director, appointed 18 March 2025. Listed as an Irish national resident in Ireland (born October 1980).
- Dr Shaun Adam Passley: Director, appointed 18 March 2025. Listed as an American national resident in Canada (born May 1978).
- Mr James Sherman: Director, appointed 18 March 2025. Listed as an American national resident in the United States (born February 1963).
Former officers
- Mr Benjamin Charles Henry Carew: Director, appointed 8 October 2018, resigned 18 March 2025 (British national, resident in the UK, born July 1985).
- Mr Arnaud Jean Mardegan: Director, appointed 8 October 2018, resigned 18 March 2025 (French national, resident in the UK, born January 1990).
Persons with significant control (PSC)
The corporate ownership records reflect the following PSC entries:
- Zenadrone Limited (company number 718533): Recorded as corporate PSC on 18 March 2025, holding between 75% and 100% of the company's shares and voting rights.
- Mr Arnaud Jean Mardegan: Listed as PSC from 8 October 2018 until control ceased on 18 March 2025 (previously held 25% to 50% shares and voting rights).
- Mr Benjamin Charles Henry Carew: Listed as PSC from 8 October 2018 until control ceased on 18 March 2025 (previously held 25% to 50% shares and voting rights).
Corporate filings state facts on the public register; individual officers and shareholders are identified solely by reference to official records.
Recent filings and Gazette activity
No preceding statutory notices under Rule 7.10 of the Insolvency Rules 2016 regarding this filing were recorded on The Gazette prior to the registry presentation date. Creditors monitoring the target entity via today's cause list would have observed the entry on the CE-File portal immediately following presentation.
Risk analysis for trade counterparties
When a petition is presented under the Insolvency Act 1986, Section 127 comes into operation. Section 127 provides that any disposition of the company's property, including bank payments or asset transfers made after the presentation date, is void unless validated by court order under Section 127(1).
For commercial suppliers, trade creditors, and financial institutions, presentation of a petition represents an early indicator of operational disruption. Credit control teams managing exposure should consider a structured risk review:
1. Freeze variable credit limits: Suspend unsecured credit extensions until court disposition or validation order status is clarified.
2. Review pending transactions: Audit all post-presentation invoices and payments received to manage potential voidable disposition exposure.
3. Assess delivery terms: Evaluate whether goods supplied under retention of title (ROT) clauses require immediate site inspection or protection.
4. Verify standing orders: Confirm whether clearing banks have placed holds on operational bank accounts.
Scenario: Managing post-presentation exposure
A commercial software vendor supplying services to a corporate counterparty discovers a newly filed petition on the court cause list. The vendor holds £45,000 in unpaid monthly invoices and is scheduled to deliver a major platform upgrade. By identifying the petition presentation immediately, the vendor halts software delivery, requests immediate payment validation guidance, and avoids accumulating unrecoverable trade debt subject to Section 127 avoidance.
How to run a winding up petition search
To conduct due diligence across trade customers, lenders and suppliers must verify cause-list records directly. Executing a winding up search ensures that counterparty risks are identified long before advertisement in official journals.
Investigative steps for evaluating counterparty solvency include:
- Searching the Central Registry via CE-File to verify petition presentation dates and case numbers.
- Reviewing filings at Companies House to check for recent officer resignations, late accounts, or charges.
- Monitoring The Insolvency Service records for compulsory liquidation orders.
A routine winding up search conducted across court registries provides early visibility of petition filings prior to formal judicial hearings.
Corporate intelligence vs manual registry checks
Traditional due diligence relies on manual checks across multiple registers. Credit managers manually cross-reference Companies House filings, search CE-File court lists, check Gazette publications, and review individual company charges. This fragmented process often results in delayed risk detection, exposing businesses to unmitigated credit risk during the critical window between petition filing and statutory advertisement.
Automated intelligence platforms aggregate real-time registry data, court records, and ownership logs into unified workflows. By consolidating CE-File entries and statutory filings into a single feed, intelligence tools allow risk teams to detect winding-up petitions instantly. Performing a comprehensive winding up petition search through an integrated interface reduces manual error and ensures credit actions are taken on day one.
For credit teams and suppliers
Credit teams and commercial lenders require immediate notification when counterparties face formal insolvency litigation. Unidentified petition presentations leave businesses exposed to clawback risks under Section 127 of the Insolvency Act 1986. To protect commercial arrangements and safeguard cash flows, credit officers should set up free company monitoring to receive automatic alerts whenever target companies experience register changes or court filings.
FAQ
What does the presentation of a winding-up petition mean?
Presentation means a creditor has formally filed a court petition asserting that the company is unable to pay its debts under Section 123 of the Insolvency Act 1986. It initiates formal court proceedings but does not mean the company is automatically placed into liquidation.
How long after presentation is a hearing listed?
Court hearing dates vary depending on court list capacity, but hearings are typically listed between 6 to 10 weeks following presentation at the High Court Central Registry.
What are the advertisement rules for a petition?
Under Rule 7.10 of the Insolvency Rules 2016, a petition must generally be advertised in The Gazette no less than seven business days after service on the company and no less than seven business days before the court hearing.
What is the impact of Section 127 on payments made by the company?
Section 127 of the Insolvency Act 1986 renders void any disposition of property, including bank account transfers, made after the petition presentation date unless validated by court order. Banks frequently freeze accounts upon learning of a petition to avoid liability.
Disclaimer
This report summarises a petition recorded at the Central Registry of Winding-up Petitions. Presentation of a petition is not a determination of insolvency; the outcome is a matter for the court. Companies believing they are named incorrectly should email contact@corp-intel.co.uk.