Shrinath Cash & Carry Faces Winding-Up Petition
A winding-up petition has been presented against London grocery wholesaler and retailer Shrinath Cash & Carry Ltd at the Central Registry of Winding-up Petitions. The filing was recorded on CE-File on 30 October 2026 under case reference CR-2026-008310. Presentation of a winding-up petition is the earliest formal court step in compulsory liquidation proceedings under the Insolvency Act 1986; it does not constitute a judicial determination of insolvency, and the petition may be settled, adjourned, or dismissed before any order is made.
Commercial counterparties tracking high-risk credit events can inspect the company profile for Shrinath Cash & Carry Ltd on Corp Intel, or cross-reference today's wider court listings via the daily winding-up petitions list.
Petition details
The court entry confirms that process has been issued in the High Court of Justice (Chancery Division, Companies Court). The public register records the core listing information as follows:
| Case Field | Court Record Detail |
| :--- | :--- |
| Company Name | Shrinath Cash & Carry Ltd |
| Court Reference | CR-2026-008310 |
| Filing Date | 30 October 2026 |
| Case Type | Companies - Petition - Winding Up Petition |
| Filing Registry | Central Registry of Winding-up Petitions (CE-File) |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
| Petition Debt Amount | [Check the creditor report →](#offers-creditor) |
| Hearing Details | [Shown in the creditor report →](#offers-creditor) |
Company snapshot
According to Companies House, Shrinath Cash & Carry Ltd (company number 16307845) is an active private limited company incorporated on 11 March 2025. Its registered office is 12 New College Parade, London, England, NW3 5EP.
The business is classified under standard industrial classification (SIC) code 47110, covering retail sale in non-specialised stores with food, beverages, or tobacco predominating. As an entity incorporated in March 2025, first statutory accounts have not yet fallen due on the public register; balance sheet figures and recorded turnover are [Shown in the creditor report →](#offers-creditor).
Directors and ownership
The public register records two active directors and their corresponding ownership stakes under the register of Persons with Significant Control (PSC). These entries reflect the formal register and carry no connection to the petition or any suggestion of wrongdoing:
- Mr Nipulkumar Dhanjibhai Patel: Appointed director on 11 March 2025. Born July 1980; British nationality; resident in England. Notified as a PSC on 11 March 2025, holding between 25% and 50% of shares, 25% to 50% of voting rights, and the right to appoint or remove directors.
- Mr Rumeshkumar Arvindbhai Patel: Appointed director on 11 March 2025. Born June 1981; Indian nationality; resident in England. Notified as a PSC on 11 March 2025, holding between 25% and 50% of shares, 25% to 50% of voting rights, and the right to appoint or remove directors.
No secretary or additional corporate officers are listed on the public register.
Recent filings and Gazette activity
No notices regarding a winding-up petition, administration, or strike-off for Shrinath Cash & Carry Ltd had been advertised in The Gazette prior to this filing. Under Rule 7.10 of the Insolvency (England and Wales) Rules 2016, a petitioning creditor cannot advertise the petition until at least seven business days have elapsed following formal service on the registered office, unless the court orders otherwise.
Creditors and professional advisers must note that presentation at court precedes Gazette advertisement by days or weeks. Relying solely on Gazette notices leaves credit teams blind to the petition during this critical pre-advertisement window.
What this means for suppliers, creditors and counterparties
Presentation of a winding-up petition triggers immediate legal risks under section 127 of the Insolvency Act 1986. If a winding-up order is ultimately granted, any disposition of company property made after the presentation date is void unless validated by the court.
When banks discover a petition, they routinely freeze company accounts to avoid restitution claims under section 127, halting outgoing supplier payments and direct debits. Counterparties should assess their credit terms and current exposure using a structured evaluation:
1. Freeze credit facilities: Move supply arrangements immediately to pro-forma or cash-on-delivery (COD).
2. Review retention of title (ROT): Establish whether delivered inventory remains identifiable on site and whether contracts contain valid, enforceable ROT clauses.
3. Assess pending transactions: Withhold unsecured forward deliveries where payment has not cleared.
4. Audit outstanding balances: Verify all invoices, ledger entries, and personal guarantees associated with the trading account.
Practical trading scenario
Consider an independent food distributor with £15,000 of stock invoiced to a retail business on 30-day terms. If the buyer pays an outstanding invoice after a petition has been filed, and the court later orders compulsory liquidation, the liquidator can demand repayment from the distributor under section 127 as a void disposition. Conversely, running a timely winding up search alerts credit control before dispatching further goods, allowing the supplier to reclaim unmixed inventory under retention of title.
For credit teams and suppliers
Credit underwriters and legal advisers must conduct a regular winding up search before approving substantial credit limits, releasing security, or executing corporate contracts. Discovering an active petition after goods leave the warehouse severely limits financial recovery. To protect recurring trade accounts, teams can implement free company monitoring to receive immediate alerts when filings change.
How to investigate further
Credit managers investigating other trade counterparties can conduct a comprehensive winding up petition search across the Central Registry database. Where an official legal transaction requires certified evidence that no petition is pending, solicitors can [Get a Winding Up Search Certificate →](#offers-certificate).
Traditionally, verifying pending petitions required credit teams to telephone the Central Registry clerks in London or pay third-party search agents per enquiry. Corp Intel synthesises CE-File court rolls, Gazette publications, and Companies House records, providing verifiable risk intelligence in real time.
FAQ
Does presenting a petition mean the company is in liquidation?
No. The presentation of a petition is merely the application by a creditor for a winding-up order. The company remains under the control of its directors until the court hears the petition and determines whether to make an order, dismiss it, or grant an adjournment.
When will a hearing take place?
Hearings in the High Court typically take place between six and ten weeks after presentation, depending on court availability and service timelines.
Why does a petition cause bank accounts to freeze?
Under section 127 of the Insolvency Act 1986, dispositions of company assets after petition presentation are void if an order is made. Banks freeze accounts to avoid processing transactions that could expose them to clawback liabilities from a liquidator.
Can a petition be withdrawn before hearing?
Yes. If the underlying debt is settled or disputed on substantial grounds, the petitioning creditor can apply for the court's permission to withdraw the petition.
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.