Home    |    Careers    |    Contact

Winding Up Order

Free Face to Face Meeting and Advice - Directors Advice Line 0800 063 9221

Receiving a winding up order can have serious consequences for you and your company. Call us immediately on 0800 231 6040. Time is of the essence.

A creditor who is owed £750 or more has the right to issue a winding up petition through the courts against your company. Once this application is received at court you will be notified in writing.

To apply for a winding up order the issuing creditor will have to prove that they have previously made steps to recover the debt unsuccessfully.

A winding up order will give you a set period of time to pay the debt in full, dispute the claim, or come to an agreement with the petitioning creditor to repay the debt.

A successful winding up order application will result in your company being dissolved at companies house, and an advert appearing in the London Gazette.

This can result in

  • Your company being dissolved at Companies House
  • The Companies Bank Account being frozen or banking facilities such as overdrafts withdrawn.
  • Personal liability for debts falling due upon you personally.
  • Loss of trade
  • Public knowledge of events
  • Company assets being seized and sold to realize monies for your creditors. 

Find out more...

Meet Our Business
Recovery Team...

You can contact us in two simple ways:-

call us free on
0800 063 9221
complete our quick enquiry form and we'll call you back

Case Study 1

saved over 60 jobs for construction company...

Learn more

Case Study 2

rapidly growing IT company required urgent funding...

Learn more

Case Study 3

organisation had accrued a significant tax liability...

Learn more

Latest News

19 August 2013 | 1:52 pm

This post has been written by Ezekiel Ayonrinde – He currently works on behalf of Perrys Chartered Accountants in London. Accountancy has long been made fun of. People like to think of accountants as dull, boring individuals obsessed with number crunching. What they might not know is that the profession has its roots in ancient history, […]

Learn more
8 August 2013 | 4:35 pm

Payroll might not provide your business with income, but it is still a critical task that must be performed properly. Payroll can be complex, and this makes software important because it makes payroll easy to manage, simplifies the most difficult aspects and offers a guiding hand for all important tasks. Having said this, no two […]

Learn more