Charmworld Limited, trading as Bag Magic, enters creditors' voluntary liquidation
Charmworld Limited, trading as Bag Magic, has entered creditors' voluntary liquidation with joint liquidators from FRP Advisory appointed on 11 June 2026. Full notice and Companies House record.
Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.
Joint liquidators from FRP Advisory Trading Limited were appointed to Charmworld Limited, the Burntwood-based leather goods retailer that traded as Bag Magic, on 11 June 2026.
A creditors' voluntary liquidation (CVL) is an insolvent winding-up resolved by a company's members at the request of its directors, without a court order. It is the most common route into corporate insolvency in the UK.
The liquidators
Olivia Barker, holding IP number 30232, and Kelly Burton, holding IP number 11750, both of FRP Advisory Trading Limited in Sheffield, were appointed as joint liquidators. Joint liquidators are two or more licensed insolvency practitioners appointed to act together, with either typically able to act alone unless the appointment specifies otherwise. The appointment was made by the members of Charmworld Limited.
The liquidators' registered address is The Manor House, 260 Ecclesall Road South, Sheffield, S11 9PS. Charmworld's registered office is being changed to that address from its previous address at 41 The Ridgeway, Chase Terrace, Burntwood, WS7 4SP.
The company
Charmworld Limited was incorporated on 13 December 2017 and operated under the trading name Bag Magic. Its stated nature of business was the retail sale of leather goods in specialised stores, classified under SIC code 47722. The company was registered in Burntwood, Staffordshire.
Accounts filed at Companies House were made up to 31 December 2024 and submitted as total exemption full accounts, a filing option available to smaller companies.
The director
Paul David Evans has been a director of Charmworld Limited since incorporation on 13 December 2017. No other officers appear on the Companies House record.
Secured charges
No secured charges are registered against Charmworld Limited at Companies House.
Common questions
Are you owed money by Charmworld Limited?
In a creditors' voluntary liquidation you are an unsecured creditor unless you hold a registered charge or retention of title. The liquidators will write to known creditors with a proof-of-debt form. A statement of affairs prepared by the directors and the chair of the creditors' decision procedure should be available on request. Read more about proof of debt and where you sit in the creditor hierarchy.
Did you work at Charmworld Limited?
In a CVL, employees are typically dismissed at or shortly after the liquidator's appointment. Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service. The liquidators will normally provide RP1 case-reference numbers to the affected staff. See gov.uk: your rights if your employer is insolvent.
Do you hold a deposit, gift card or undelivered order from Charmworld Limited?
Customers with paid-but-undelivered orders, gift cards or deposits rank as unsecured creditors in the liquidation. Where you paid by credit card and the amount was over £100, Section 75 of the Consumer Credit Act 1974 may let you claim from the card issuer for breach of contract or misrepresentation by the supplier; the rules apply per item, not per transaction, and the card must be a regulated credit card. Debit-card payments may be recoverable via chargeback.
Are you a director of a company connected to Charmworld Limited?
Section 216 of the Insolvency Act 1986 applies the moment the company enters liquidation. If you intend to be involved in another company using the same or a similar name within five years, you must rely on one of the three statutory exceptions and file the relevant notice. Acting in breach is a criminal offence and exposes you to personal liability for the successor's debts.
Sources
- The London Gazette notice (code Appointment of Liquidators)
- Companies House record 11110722
- Editorial standards: how we source and review; five-pass pipeline.
