Winding Up Petition: Prismar Contracts Limited
A winding-up petition was presented against Prismar Contracts Limited at the Central Registry of Winding-up Petitions on 30 October 2026 under case number CR-2026-008339. The filing marks the earliest formal entry on the court register prior to advertisement or judicial determination. Presentation of a petition is an ex parte procedural step filed by an applicant creditor; it is not a determination of insolvency, and the ultimate outcome remains a matter for the court.
Petition details
The petition is recorded on the court electronic filing system (CE-File) as follows:
| Field | Court Register Record |
| :--- | :--- |
| Case Number | CR-2026-008339 |
| Case Name | Prismar Contracts Limited |
| Case Type | Companies - Petition - Winding Up Petition |
| Filing Date | 30 October 2026 |
| Filing Court | Central Registry of Winding-up Petitions |
| Petitioner | [Shown in the creditor report →](#offers-creditor) |
| Petitioner's Solicitor | [Shown in the creditor report →](#offers-creditor) |
| Debt Claimed | [Check the creditor report →](#offers-creditor) |
| Hearing Details | [Shown in the creditor report →](#offers-creditor) |
Company snapshot
Public filings at Companies House indicate that Prismar Contracts Limited (company number 10499261) was incorporated on 28 November 2016. The company's registered office is 63 West Street, Rochford, England, SS4 1BE, and its filing status is active.
The business is registered under three Standard Industrial Classification (SIC) codes:
- 41201: Construction of commercial buildings
- 41202: Construction of domestic buildings
- 78109: Other activities of employment placement agencies
Latest filed financial statement figures, balance sheet position, and net asset metrics: [Shown in the creditor report →](#offers-creditor). For the full statutory filing history, inspect the Prismar Contracts Limited company record.
Directors and ownership
According to the statutory register at Companies House, the company's recorded officers and beneficial owners are as follows:
- Current Directors:
- Mr Lee Joseph Doherty (born February 1980, English), appointed 30 April 2019.
- Mr Kevin David Fry (born June 1961, British), appointed 17 July 2023.
- Past Directors:
- Mr Perry Darling (born October 1982, British), appointed 28 November 2016, resigned 15 May 2017.
- Mr Tony John Pallant (born September 1966, British/English), appointed 11 May 2017, resigned 30 April 2019 (with an additional same-day appointment and resignation recorded on 15 May 2017).
- Persons with Significant Control (PSC):
- Mr Lee Joseph Doherty: notified 30 April 2019, holding 75% to 100% of shares; status active.
- Mr Tony John Pallant: notified 11 May 2017, ceased 30 April 2019, previously held 75% to 100% of shares.
- Mr Perry Darling: notified 28 November 2016, ceased 11 May 2017, previously held 75% to 100% of shares, voting rights, and right to appoint or remove directors.
These entries summarise the public register maintained by the registrar of companies. Corporate appointments and shareholdings do not impute wrongdoing, liability, or personal financial distress to any named officer or owner.
Recent filings and Gazette activity
Public notices in The Gazette show no advertisement of this petition prior to presentation. Under the Insolvency (England and Wales) Rules 2016, an advertisement is strictly regulated and cannot be published until at least seven business days after formal service upon the company. Creditors monitoring insolvency activity can review today's winding-up petitions list for updates across UK courts.
What this means for suppliers, creditors and counterparties
The presentation of a winding-up petition under the Insolvency Act 1986 introduces severe legal and commercial implications for existing trading partners. In particular, section 127 of the Insolvency Act 1986 provides that any disposition of the company's property made after the date of presentation is void if the court subsequently grants a winding-up order, unless the court orders otherwise via a validation order.
Counterparties must consider three primary risk areas:
1. Banking disruptions: Most clearing banks freeze corporate accounts upon learning of a petition, which can halt ordinary trading payments.
2. Clawback exposure: Payments made by the company after 30 October 2026 can be reclaimed by an Official Receiver or appointed liquidator under section 127.
3. Contractual default clauses: Standard commercial contracts frequently treat petition presentation as an insolvency event, triggering rights of suspension or termination.
Practical scenario: Supply-chain clawback risk
Consider an anonymised scenario involving a trade contractor supplying labour or building materials on 30-day terms. If the customer has an unadvertised petition presented against it and subsequently transfers £20,000 to clear an outstanding invoice, that payment is vulnerable. If a winding-up order follows, the liquidator will review the bank statements back to the presentation date. Because the payment took place after the petition was lodged, the supplier faces a formal restitution demand for the £20,000, converting a paid account back into an unsecured claim. Carrying out a timely winding up search before accepting substantial payments or releasing retained equipment helps suppliers avoid this exposure.
Counterparty exposure assessment framework
Credit controllers and commercial managers should apply the following verification protocol:
1. Ledger isolation: Identify all outstanding invoices, unbilled work, and retention balances linked to the company.
2. Payment ring-fencing: Review any payments received on or after 30 October 2026 to assess clawback risk.
3. Title verification: Audit relevant supply agreements to confirm whether Retention of Title (RoT) clauses remain enforceable over delivered goods.
4. Validation orders: If trading is to continue, request proof of a court-issued validation order under section 127 before accepting further funds.
5. Status monitoring: Track the court registry to confirm whether the petition is dismissed, settled, or listed for a public hearing.
How to investigate further
Corporate intelligence professionals confirm petition filings through CE-File records or Central Registry searches. When conducting a winding up petition search across other trading counterparties or major debtors, a verified search ensures clean legal diligence. Commercial teams seeking formal verification for transaction records can [Get a Winding Up Search Certificate →](#offers-certificate). To check other counterparties on your ledger, run a formal winding up search. To maintain continuous oversight of this entity and receive immediate alerts on fresh statutory filings, activate free company monitoring.
For credit teams and suppliers
Trade creditors, sub-contractors, and lenders routinely face significant loss by discovering court actions only after public advertisement in The Gazette. Winding-up petitions appear on the court register weeks before banking freezes or official publications take place. Performing a routine winding up search prior to credit limit approvals, major asset handovers, or completion of construction stages provides essential defence against section 127 invalidation.
FAQ
What is the Central Registry of Winding-up Petitions?
The Central Registry is the central court database maintained in England and Wales that logs winding-up petitions presented against registered companies across the High Court and regional hearing centres.
When is a winding-up petition advertised?
Under rule 7.10 of the Insolvency (England and Wales) Rules 2016, a petition cannot be advertised in The Gazette until at least seven business days after service on the company, and no later than seven business days before the court hearing.
Does presenting a petition mean the company must cease trading?
No. Trading is not legally prohibited, but the operation of section 127 of the Insolvency Act 1986 means asset transfers and payments are void if an order is made, unless validated by the court.
Can a winding-up petition be withdrawn before a hearing?
A petition can be withdrawn with the permission of the court if the underlying debt is settled or shown to be subject to a genuine dispute on substantial grounds.
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.