Winding Up Petition Filed Against Parama E Ltd
A winding-up petition has been presented against IT consultancy and electronic wholesale business Parama E Ltd (company number 14726336) at the Central Registry of Winding-up Petitions under case reference CR-2026-007198. The petition was presented on 17 September 2026. The presentation of a petition is the formal initiation of legal proceedings by a creditor under Section 122 of the Insolvency Act 1986 and does not constitute a determination of insolvency; the final outcome remains a matter for the High Court.
Petition details
Central Registry records show the following details regarding the filing:
| Field | Registry Record |
| :--- | :--- |
| Case Number | CR-2026-007198 |
| Company Name | Parama E Ltd |
| Company Registration Number | 14726336 |
| Filing Date | 17 September 2026 |
| Case Type | Companies - Petition - Winding Up Petition |
| Registry Source | Central Registry of Winding-up Petitions (CE-File public search) |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
Creditors checking today's filings across the UK High Court can monitor daily listings on the daily winding-up list.
Company snapshot
According to Companies House, Parama E Ltd was incorporated on 13 March 2023. Its registered office is listed at 121 Brooker Road, Waltham Abbey, England, EN9 1JH.
The business operates under two Standard Industrial Classification (SIC) codes:
- 46520: Wholesale of electronic and telecommunications equipment and parts
- 62020: Information technology consultancy activities
The company's corporate status is currently recorded on the register as "active - proposal to strike off". Financial account filings and turnover figures are not stated in the published source.
Directors and ownership
Public register records list the officer and ownership structure of Parama E Ltd as follows:
- Mr Sasikumar Paramanathan: Appointed as director on 13 March 2023. Born in April 1982, resident in the United Kingdom, nationality Indian.
- Persons with Significant Control (PSC): Mr Sasikumar Paramanathan was notified as a person with significant control on 13 March 2023. The register records ownership of shares ranging from 75% to 100%, voting rights of 75% to 100%, and the right to appoint and remove directors.
All officer and control details reflect statutory filings at Companies House. Entry on the public register does not connect any individual to wrongdoing or insolvency.
Recent filings and Gazette activity
The company register currently records an active proposal to strike off. No recent insolvency notices have been published in The Gazette as of the filing date.
When an active company faces both a compulsory strike-off proposal and a High Court winding-up petition, potential creditors must establish whether statutory notices will proceed or be suspended pending court proceedings.
What this means for suppliers, creditors and counterparties
The presentation of a winding-up petition is an early warning indicator for credit managers and commercial counterparties. Under Section 127 of the Insolvency Act 1986, any disposition of company property or transfer of shares made after the presentation date is void unless validated by the court.
Counterparty risk assessment framework
Commercial credit teams managing potential exposure to Parama E Ltd should execute the following risk mitigation steps:
1. Verify Court Status: Run an immediate winding up search to establish whether additional petitions or court orders have been registered.
2. Review Payment Terms: Place trade credit lines on immediate hold to prevent post-petition transactions that could be declared void under Section 127.
3. Inspect Security Registers: Check whether fixed or floating charges exist against assets by completing a company charge check.
4. Monitor Ongoing Filings: Enable free company monitoring to receive instant email notifications of gazetting, court hearings, or strike-off updates.
Commercial impact scenario
Consider a wholesale supplier that dispatches £15,000 worth of hardware to an IT intermediary under 30-day payment terms. Unaware of a pending High Court petition, the supplier delivers the goods. If a winding-up order is subsequently made, any payment made by the debtor after 17 September 2026 may be deemed void, forcing the debtor's bank to freeze accounts and leaving the supplier as an unsecured creditor. Performing a routine winding up search prior to approving substantial orders eliminates this operational exposure.
How to run a winding up petition search
To investigate court filings against trade counterparties, credit risk managers traditionally consult multiple public tools:
- Companies House Register: For status checks, officer histories, and statutory filing records.
- The Gazette: For advertised statutory notices and petition advertisements.
- Court CE-File System: To verify Central Registry case filings.
Manually cross-referencing these disjointed systems often takes time. Using a consolidated intelligence tool allows risk analysts to execute a single winding up petition search that unifies court data, registry filings, and charge registers instantly.
How to investigate further
To review the full statutory profile for Parama E Ltd, view the company's dedicated Corp Intel profile. Credit controllers and legal advisors can set up free company monitoring to track changes on this entity in real time.
For credit teams and suppliers
Credit managers, trade lenders, and risk officers reviewing counterparty exposure need immediate visibility when a winding-up petition is presented. Missing a court filing prior to releasing goods or extending credit terms can result in irrecoverable post-petition debts and Section 127 clawbacks. Setting up automated monitoring or performing a fast corporate search ensures defensive measures are enacted before court hearings occur.
FAQ
What happens after a winding-up petition is presented?
After a petition is presented at the Central Registry, the petitioner must serve the document on the target company. A High Court hearing date is assigned, and the petition may be advertised in The Gazette no less than seven business days after service and seven business days before the hearing.
Does a winding-up petition mean the company is insolvent?
No. The presentation of a petition is a formal legal application by a creditor asserting an unpaid debt. The court determines whether a winding-up order will be granted, dismissed, or adjourned based on evidence presented at the hearing.
How quickly does a bank freeze accounts after a petition is filed?
Banks often monitor court cause lists or The Gazette notices. Once a bank becomes aware of a petition, it routinely freezes the company's accounts to prevent liability under Section 127 of the Insolvency Act 1986, pending a court validation order.
How can creditors check if other companies face winding-up proceedings?
Creditors can conduct a search across High Court registers or monitor daily cause lists to identify active petitions, orders, and statutory notices before making credit decisions.
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.