TheValari Ltd passes CVL resolution as online retail business winds up

TheValari Ltd, a London internet retailer registered at City Road, passed a CVL resolution on 4 June 2026 and appointed a liquidator the same day. 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.

Street View image of 128 City Road, EC1V 2NX, London, the registered office
Street View image of the registered office. © Google.

TheValari Ltd, an internet and mail-order retailer registered at 124-128 City Road, London, passed a resolution on 4 June 2026 to enter a creditors' voluntary liquidation. A liquidator appointment notice was published the same day.

A creditors' voluntary liquidation is an insolvent winding-up resolved by the company's members at the directors' request, without a court order. It is the single largest stream of UK corporate insolvency by volume.

The resolution

The resolution to wind up was passed on 4 June 2026. TheValari Ltd was incorporated on 19 May 2021 and traded under the SIC code for retail sale via mail-order houses or via the internet. Its registered address is 124-128 City Road, London EC1V 2NX, with its principal trading address at 128 City Road on the same site.

The company filed total-exemption-full accounts made up to 31 May 2025, with the next accounts due by 28 February 2027. No secured charges are registered against the company at Companies House.

The liquidator appointment

The liquidator appointment notice, published on 4 June 2026, confirms the appointment of a liquidator to TheValari Ltd. The notice describes the nature of the business as retail sale via mail-order houses or via the internet, consistent with the company's registered SIC activity.

The officers

Two officers are recorded at Companies House for TheValari Ltd. Hilal Kanafani has been both a director and the company secretary since 19 May 2021, the date of incorporation. Nadim Makarem has been a director since the same date. Neither Kanafani nor Makarem has a resignation date recorded, so both remain current officers at the point of the CVL resolution.

Background

TheValari Ltd carried no registered secured charges, meaning there are no secured creditors with a claim over specific assets. Unsecured creditors, those whose debts are not backed by a charge over company assets, will be the primary class of claimant in the liquidation. The liquidator's role is to realise the company's assets and distribute the proceeds to creditors in the order of statutory priority.

Common questions

Are you owed money by Thevalari 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 Thevalari 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 Thevalari 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 Thevalari 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

Last reviewed by James Waterton on .

AI-drafted (Anthropic Claude Sonnet 4.6) from The London Gazette and Companies House records, then human-reviewed by James Waterton before publication. See our methodology and editorial standards.

Sourced from official UK records under the Open Government Licence. Information for general guidance, not legal advice.