Winding Up Petition The Towans in The Towans

Contact Us

We never like to talk about financial difficulty and more often than not we find ourselves pushing it to the back of our minds, rather than accepting the situation and facing it head on.

However, more often than not, there is no sense in delaying the inevitable, but don’t worry, we currently offer a number of insolvency options and we may be able to provide help in the form of a Winding Up Petition.

Get In Touch

How Does a Winding Up Order Work?

So, exactly what is this order – and how does it work? Well, a winding up order or petition is a legally binding notice that is issued by a creditor with the intention of forcing a company into closure. A WUP is court ordered and usually follows a successful petition and immediately after the order has been issued, the Official Receive will ten commence the process of wind up the company.

Fear not, though, as a WUP is not always the only option and you may be able to prevent it – if you act quickly enough after receiving it. For example, if you pay off your debts to the creditor (including the costs of serving the petition) then you may be able to avoid the WUP.

You could also look into obtaining an administration order, or negotiating a Company Voluntary Arrangement with the company’s creditors. On the other hand, you may want to consider going into voluntary liquidation, or even request that the courts adjourn or cancel the hearing, provided you offer sufficient evidence.

In terms of timescales, a WUP generally takes around 4-6 weeks to reach court, but this depends entirely on how busy the courts are at the time – and it’s always worth remembering that Courts often close for periods over the summer and at Christmas.

It’s also worth noting that you can expect your company bank account or accounts to be frozen by the bank immediately after a winding up petition has been advertised in the Gazette. In some cases, it’s not unheard of to get this overturned, but only in extreme cases where clear supporting evidence is provided.

So what are the consequences? Well, if you’re a company director, your conduct will we investigated and if found guilty of misconduct, you could find yourself being disqualified as a director for anything from 2-15 years. You will also be in serious trouble if you’re found to be trading after knowing the company was insolvent and you may then be held personally liable for any debts that occurred after this time.

Winding Up Petition Process UK

The winding up petition process in the UK is actually relatively straight forward, so please don’t feel too overwhelmed by the whole situation – as we are always here to help.

Firstly, after the petition has been issued, you will have up to seven days to offer your response before the petition can be advertised formally. Do bear in mind that this 7-day window is the only chance you / the directors will have to possibly prevent compulsory liquidation by carrying out one of the options mentioned above.

Then, when the order has been issued, an Official Receiver will be appointed by the courts and the company will then be liquidated – with all assets being distributed between its creditors, in order of priority.

Contact Our Team

Issuing a Company WUP

If the shoe is on the other foot and you wish to issue a company with a WUP, we can help walk you through this process also. In order to do so, you must be owed at least £750 by said company and you must be able to prove that they are unable to pay you. If this is the case, you will then be required to fill out all the relevant paper work and then send them to the appropriate court in order to formally start the process.

To which court you send the paperwork will depend entirely on how much paid up share capital the company has – information on which can be found via the Companies House Register. For example, if the capital is greater than the sum of £120,000, the petition will need to go through the high court. Whereas if the capital sum is less than £120,000, this will need to go through the court nearest the company’s registered office.

After you have applied, you will receive a copy of the petition which you will then need to deliver (or serve) to the company director, or an employee. When you’ve done this, you will then need to provide a certificate of service to the court – this essentially just confirms that the petition has been served on the company. You will then need to send a copy to the relevant liquidator before a date for a court hearing is announced.

Winding Up Petition Costs

Please be aware, although you may be owed money, there are still costs involved with issuing a winding up petition. Currently, you can expect to pay court fees equating to £280 - as well as £1,600 petition deposit to manage the order. However, you may be able to get the fees back, if the court deems that the company in question is able to repay them.

There are also service proceedings costs that will need to be considered and the current fee for this can be anywhere between £75 and £100. Finally, there’s also the small matter of the Gazette Advertising costs, which currently sit at £79.40, plus VAT.

Find Out More

So, what’s next? If you’ve been on the receiving end of a winding up petition / order, it’s imperative that you seek professional advice as soon as possible because, as we mentioned previously, you only have a small window of time in which to act.

Alternatively, if you’re considering issuing a WUP, we can help with this too. So please don’t hesitate to get in contact I order to find out what the best option is for you or your company.

Find Out More

We cover The Towans (Cornwall)

Get in touch

We aim to get back to you in 1 working day.


Skip to

Gallery

Other locations available for winding up petition the towans
Herland Croft Newmills Penhale Trelan Roseland Foundry South Wheatley Trebullett Trevoll Porteath Ringwell St Michael Penkivel Gollawater Bilberry Ruan Minor Piece Trevalgan Buryas Br Bennacott Liskeard Lank Canworthy Durgan Higher Land Millook Hellesveor Tregorrick Braddock Albaston Trevelmond Fairy Cross Traboe Polbrock Lower Treluswell Newhall Green Tregonning Treen Treverbyn Tregarne Tremethick Cross Tregarlandbridge Polmorla Chyvarloe Stonaford Tresawle Sandylake Portreath Carne Sandplace Tredinneck Coombe Curry Lane Twelveheads Trevenen Bealsmill West Curry Torrpark Treloquithack Kennards House Mitchell Pensilva Tregole Treburley Porthoustock Three Holes Cross Boscoppa Trevenen Bal Rosemergy Mellingey Tregatillian Baldhu Lescrow Redgate Tywardreath Highway Gospenheale Madron Trebell Green Trelissick Perranwell Station Rockhead Rinsey Two Burrows Trevollard Kelly Bray Butteriss Gate Plusha Gummow's Shop Valley Truckle Trevalga Darleyford St Tudy Belowda Tregiskey Trenwheal Lower Town Foxhole Cross Dimson Levalsa Meor Coppathorne Pendrift Bathpool Trethewell West Antony Higher Crackington Pendoggett Bodilly Shop Tregoss Zennor St Martin Quethiock Lower Sticker Gam Hugh Town Redmoor Hatt Rising Sun Scredda Castle Gate Nine Maidens Downs Trewornan Stibb Penberth Cargreen Helston Water Menherion Talskiddy Old Town Gonamena Trendeal Tredavoe Paynter's Cross Middle Crackington East Taphouse Mount Ambrose Tideford Lantyan Polgear Quintrell Downs Chynhale Toldish Rosewarne St Day Penhallow Porthcothan Treviskey Tremar Redtye Tutwell Tresmorn Withiel Pendeen Penhalvean Holmbush Penryn Crowlas Mineshope Trenance Whitemoor Bethany Torfrey Manor Parsley Fraddon Tregeare Werrington Grade Portholland Higher Troswell Trevorgans Callestick Fentonadle Wringsdown Gloweth Chilsworthy Burlawn Trecangate Treovis Tregear Tregurtha Downs Brea St Blazey Gate Venterdon Maenporth Kea Tregoodwell St Gluvias Croanford Flushing Castlegoff Bolventor St Veep Penpillick Ladock Pendriscott Trevenning St Agnes Higher Truscott Otterham Station Tremayne Treen Canon's Town Muchlarnick Horsedowns Jewell's Cross Pengelly North Country Freathy Trevanson Black Cross Trelawne Higher Tremarcoombe Ponjeravah Carey Park Polpeor Lavrean Coombe Lower Tregunnon Trekenner Tresinney Drakewalls Pengover Green Penweathers Turfdown Kilkhampton Trewalder Sharptor Goonlaze Trussall Gilbert's Coombe Relubbus Polperro High Street Penhale Jakes Seworgan Mithian Lelant Higher Porthpean Crean Treworrick Dunmere Lower Crackington Boskenna Thurdon Porth Navas Goonvrea South Tehidy Tregatta New Mills Cawsand Penbeagle Zelah Washaway Trevarrian Croft Mitchell Nantithet Golant Trebarwith Balwest Peterville Carthew Halwin Cusveorth Coombe Sithney Common Helscott Wherry Town Troan Blackwater Saltash Higher Menadew Upton Towans Collery Clubworthy West Youlstone Mabe Burnthouse Millpool Bodieve Tregellist Metherell Dutson Restronguet Passage Coldvreath Lanlivery Georgia Goverseth Polmarth Higher Town Tregonetha Polwheveral Bodelva Tremedda Cross Coombe Bokiddick Rosecraddoc Whitecross Trefrize Forder Parkfield Wheal Alfred Gwallon Trenance Egloskerry Towan Cross St Stephens Petherwin Gate Kuggar Trenewan Kingston St Michael Penkevil St Just Tredrizzick Roserrow Langdon Port Quin St Neot Slaughterbridge Wheal Frances Trewey Porcupine Treyarnon Griggs Tuckingmill Redruth Tomperrow Higher Condurrow St Endellion Greenwith Common Middle Town Newbridge Treveal Portloe Quoit Trethosa Medlyn Old Grimsby St Blazey Treworlas Porthloo Bolenowe Cooksland Boswednack Treburgie Water Withielgoose Tregiffian Couch's Mill St Just in Roseland Rosedinnick North Darley Darite West Portholland Hendra Croft Trelash Trewint St Teath Trewedna Water Leburnick Milltown Roscroggan Trenear St Breward Little Downs Threewaters Longrock Gwavas Gweek New Downs Ventonleague Polyphant Tregona Noonvares Poltesco Trebarwith Strand Tolvaddon Melinsey Tywardreath Cadgwith Prussia Cove Redpost Lower Woon Penare Trekeivesteps Trevarth Brane Bealbury Rinsey Croft Trerulefoot Great Tree Barkla Shop Lower Ninnes Gunwalloe Fishing Cove Barbican Trevone Trerose St John Lowertown Chynoweth Mawgan Cardinham Newtown Trelake Newquay Treskerby Penhallick Gulval Hornick St Mewan Tolgus Mount Trevowhan Port Gaverne Polmassick Perranuthnoe Tolcarne Hendraburnick Hessenford Tencreek Welltown Highertown Treviskey Church Cove Grampound Road Tregardock Upton Cross Tregolls Saveock Trewen Otterham Kenneggy Downs Mayon Rocky Hill Flexbury Newbridge Scarcewater Budge's Shop Treven Newlyn East Portholland Crowan Tresoweshill St Erney Buttsbear Cross Newtown Crumplehorn Banns Vale Mount Goosewell Meudon Retallack Sheffield Goonbell Kersbrook Cross Greensplat Penhale Tregada Trewidland Fowey Maypole Lamorick Burras Carnkie Chyanvounder Kenwyn Bareppa Plain Street Cremyll No Man's Land Duporth Plain-an-Gwarry Burgois Porth Stenalees Biscovey Budock Water Lamledra Highlanes Tubbs Mill Pencoys Tolgullow Norris Green Tregurrian Hellescott Tregreenwell Trevegean Paul Bottoms Enniscaven St Martin Praa Sands Perrancoombe Deveral Trembraze Crantock Hay Jacobstow Tresevern Croft Trewoon Skewes Idless Rose Holmbush Poughill Holy Vale Bodiggo Tregrehan Mills Goldsithney Trewithick Devoran Trelowia Luckett Wendron Carkeel St Erth Praze Ashton Carloggas Lane-end Downend St Ervan Higher Dimson Highercliff Todpool Carlyon Bay Copperhouse Sweets Busveal Parkengear Henwood Falmouth Kensey Valley Meadow Polruan Halabezack Clowance Wood Haye Fm Tintagel Stepaside Trewoodloe Hallew Week St Mary Treath Trerise Bridgend Rumford Twinbrook Park Trevemper Berriowbridge St Enoder Nancegollan Hendra Pont Tramagenna Pillaton Allet Penwartha Coombe Tregajorran Crackington Haven Marhamchurch Trevanger Milltown St Columb Road Trevilder Pempwell Gunwalloe Kingbeare Dizzard St Allen Illogan Highway Freewater Higher Stanbear Trelissick Reskadinnick Goon Gumpas Chyandour Churchbridge Lower Amble Truro Catchall Trehunist Trequite Barripper Maxworthy Trevescan Clampit Sithney Green St Germans Tremaine Mullion Cove Trewarmett Higher Bojewyan Calenick Leedstown Sweetshouse Tregarland St Columb Major Hendrabridge Pool Stourscombe Kilhallon Boskednan Polgigga Tremar Coombe Morvah Lower Rose Trencreek Kestle The Residence Downderry Merrymeet Trevena Lanjeth Trelion Ruan High Lanes Tolcarne Wartha Roskear Croft Costislost Old Mill Trebarber Frogpool Tregonce Horningtops Port Isaac Trebyan St Ewe Whitecross Carwynnen Goonabarn Carclew Highertown Marshgate Bodinnick Flushing Carnon Downs Dunslea Bridgetown Illogan St Dennis Hele Chycoose Burraton Coombe Newbridge Halamanning Trewartha Tredannick Nancemellin Merther Gwenter Dolphin Town Helford Passage Tregew Alverton Carn Arthen Caradon Town Porthgwarra Poniou Trussell Portherras Trenoweth Shop South Carne Penelewey Great Work Tolskithy Lower Bodinnar Budd's Titson Cutmere Perran Wharf Trenay South Hill Hannafore Lamellion Barcelona Rosemelling Lower Trewellard Carnebone Drawbridge Grillis Goonpiper Mountjoy Winnard's Perch Trelill No Man's Land Lanivet Trispen Notter Guildford Gwinear Fonston Gwennap West Taphouse Trevarren Malpas Stencoose Castledore St Buryan St Cleer Callington Common Moor Caroe Gwithian Mawla Trenance Carzantic Cox Hill Trescowe West Tolgus Garras Angarrack Beeny Penrose St Erth Treknow Downrow Silverwell Trythogga Tregeseal St Mawes Grimscott Lanescot Boscean Chapel Town Brent Amalveor Bangors Trezaise Mount Truscott Brunnion Nanceddan Knave-Go-By St Minver Cockwells Caudworthy Polbathic Lane Reskivers Bodwen Penhole Ruthvoes Little Petherick Newtown Tredethy Trewetha Trewethen Bocaddon St Issey Plaidy Upton Trenarren Fraddam Four Lanes Trenerth Bradford Harlyn Balnoon Blisland Bethel Trewollock Hick's Mill Wheal Baddon Carnyorth Rame Lostwithiel Chacewater Boslymon Bunny's Hill Lizard Mount Hawke Withnoe Gothers Carleen Newham Church Coombe Ponsanooth Trevilley Coswinsawsin Carbis Bay Tregunna Stithians Longstone Coxford Corgee Tresamble Treveor Luxulyan Botallack Penrose Hill Trevelver Kehelland Bossiney Brightonwater St Hilary Carthamartha Pentewan Maryfield Trereife Launcells Cross Newtown-in-St Martin Carland Cross Markwell Forder Lantuel Treswithian Downs Tregonna Housel Bay Dunveth Old Cardinham Castle Comfort Sithney Perran Downs Treneague Helstone Rosevean Treween Laity Moor Skinner's Bottom Phillack Widegates Cubert Hellandbridge Boswin Landulph Cross Gunnislake Three Burrows Veryan Green Sancreed Trelowth White Cross Porthleven St Keverne Trevowah Trenhorne Doublebois Three Hammers Ventongimps Bishop's Quay Bolingey Forrabury Pityme Tresmeer Troswell United Downs Kestle Plushabridge Badharlick Crow's Nest Penmayne Tresparrett Posts Downgate Broadlane Trelew Tilland Gracca Boswarthen Treworthal Newport Portscatho Rose-in-the-bush Boduel Brazacott Higher Downs Northward Carnkie Porthcurno St Mellion Harcourt Nancledra Trewen Trevellas Viscar Sladesbridge St Ann's Chapel Cannalidgey Laddenvean Little Bosullow Michaelstow Sparnon Treburrick Lamorna Trevarrick New Grimsby Tremore Lower Trebullett St Thomas Perranporth Gooseham Treskinnick Cross Mellangoose Splatt Bowithick Trenault Lower Trefrize Latchbrook Polladras Carnsmerry Carclaze Shutta Porthmeor St Jidgey Manhay Little Polgooth Mylor Churchtown Blunts Netherton Truthan Resugga Green Mena Lower Brynn St Ive Cross Keybridge Trewoon Crafthole Little Comfort Manely Lower Menadue Trefula Trematon Dobwalls Ashton Carne Torwell Tremail Trethevey Mount Charles Wringworthy Whipsiderry Yeolmbridge Trevilla Edmonton Lamanva Addington Higher Bosavern St Anthony-in-Meneage Bohortha Scorrier Rosecare East Tuelmenna Portwrinkle Trevadlock Townshend Penpethy Goonhusband Escalls Cambrose Gwedna St Stephens Trevarth Estate Playing Place Roseworthy Boconnoc Bodellick St Juliot Trezelah Kerris Tregenna Lower Porthpean Polgooth Inchs Gorran High Lanes Trethewey Paul's Green Burnthouse Trebilcock Par Trebursye Old Kea Broad Langdon Troon Molinnis Gerrans Trevarrack Trethellan Water Great Bosullow Victoria Treswithian Killaworgey Palmersbridge Meaver St Wenn Paynter's Lane End Mulberry Bosavern Treliver Perranwell Trengune Farms Common Sandy Bottom Polzeath Truthwall Brill Cripplesease Nance Mawnan Lanjew Carn Towan Davidstow Calvadnack Mithian Downs Lockengate Knightor Trefanny Hill Halton Barton Bosorne Lower Woodley Germoe Widemouth Bay Crowntown Drift Terras Towednack Tregony Treliske Trehan Clapper Killivose Pengersick Trillacott Trencrom Seaton St Anthony Mount Charles Come-to-Good Treskilling Porthallow Carnhot Higher Larrick Warleggan Veryan Tresarrett Treglasta Holywell Kerthen Wood Roche Burlorne Tregoose Halgabron Trenoon Ellenglaze Lelant Downs Trevarrack Engollan Congdon's Shop Bofarnel Downgate Looe Mills Landrake Tolborough Constantine Bay Tredaule Burraton Trevithal Wanson Nanquidno Rilla Mill Tregavarah Fenton Pits St Erme Stursdon Curgurrell Wilcove Carluddon Coombe Wadebridge St Ruan Tregamere Pentire Tremorebridge Billacott Creegbrawse Edgcumbe Pengegon Fletchersbridge Nanstallon Lansallos Golberdon Longstone Threemilestone Crimp Tregorden Bosleake Polborder Trethowel Bugle Penhalurick Mousehole Tresparrett Ruddlemoor St Eval Penwithick Bissoe Treal The Town Moorswater Downinney Kenneggy Treneere Carminow Cross Mornick Treator Castallack Brillwater Tregidden Constantine Penponds Higher Hampt Comford Lezerea Perranwell Perranarworthal Minions Trenale St Newlyn East Vellanoweth Treverva Warbstow Cross Tregullon Trewint Cusgarne Canworthy Water Treburgie Altarnun Fivelanes Goonamarris Dannonchapel Pantersbridge Stoptide Bowling Green Roseworthy Barton Harrowbarrow Landulph Roseworthy Lower Lank Camborne Lower Tremar Botusfleming Coverack St Dominick Ruthernbridge Tregadillett Treningle Treligga Mixtow Treneglos Mullion Menadarva Bude Jolly's Bottom Trenance Crofthandy Langore Pennance Merry Meeting Percuil Higher Cransworth Porthallow Lower Dimson Crooklets Mulfra Tregadgwith Newton Trebeath Pipers Pool Carharrack Sparnon Gate Boscadjack Little Beside Maders Boscastle Godolphin Cross Trewithian Wheal Busy Hill Newtown Middle Taphouse Reawla Trethurgy Lynstone Banns Gwills Retire Menna Cold Northcott Heamoor Nansladron Chenhalls Coxpark Trevigro Upton Sennen North Dimson St Winnow Mylor Bridge Delabole Plain-an-Gwarry Laneast Treesmill Helland Bodmin Treburgett Penhallick North Petherwin St Agnes Collamoor Head Trescoll Treworld Clampits Millendreath Hayle Higher Bal Forda Helford Trebetherick Trewennack North Tamerton Coombe Carpalla Treviscoe Wainhouse Corner Trewint Marazion Cury London Apprentice Wheal Rose Puddle Hallworthy Trevail Trebudannon Trevia Polmear Trevorrick West Looe Rezare Gorran Churchtown Tresawsen Lanstephan Manaccan Swanvale Newton Trematon Castle Bosoughan Cross Lanes Varfell St Merryn East Looe Rescorla Porth Kea Linkinhorne Egloshayle Halsetown Treworgans Cutmadoc St Pinnock Truas Wall Helebridge Timbrelham Towan Trew Lanteglos Highway Blowinghouse Chapel Amble Box's Shop Shortlanesend Tresavean Tredinnick Ruan Major Lower Mill Duloe Middle Dimson Mingoose Porthilly Boquio Stennack Padstow Menagissey Lerryn Carnkief Shortacross Helston Pencuke Stratton Lewannick Trefrew New Polzeath Currian Vale Trethillick Crahan Summercourt Trewellard Gluvian North Beer Cocks Narkurs Marazanvose Week Green Pengold Halvosso Tregonhawke Higher Keason Colan Coverack Bridges Wenfordbridge Boswyn Insworke Higher Boscaswell Lanteglos Calstock Stoke Climsland Tregavarras Trewindle Lezant Knightsmill Tresillian Prospidnick Morval Calloose White Cross Roskorwell Raginnis St Mabyn Creed Doddycross Withielgoose Mills Kestle Mill Park Bottom Hersham South Petherwin Bissom Highter Bojewyan Charaton Cross Church Town Trevilson Reen Manor Treslothan Angarrick Chapel Rosenithon Clitters Talland Trebehor Sutton Launcells Penpol Penpoll Lesnewth Mawgan Porth Pelynt Kelynack Trevillett Gang Polpenwith Frogwell Rescassa Charlestown Millpool Rame Mawnan Smith Deviock St Clement Kingsand Readymoney Hewas Water Nanpean St Ives Trehemborne Poundstock Bray Shop Antron Vogue Lamorran Crelly Kents Lower Denzell Trebartha Woodabridge Camelford Hendra Eastcott Lanreath Lower Croan Boswinger Coad's Green Torpoint Golden Bank Tredinnick Sennen Cove Penwartha Lower Ninnis Polkerris Illand Bush Merther Lane Wheal Kitty Zoar Berepper Trevance Boyton Perranzabuloe Watergate Mevagissey Carlidnack Antony Ponts Mill Lanner Trewassa Crows-an-wra Treskillard Twelvewoods Rosevear Ludgvan Higher Tolcarne St Kew St Columb Minor Treveighan Rejerrah West Watergate Menheniot Kerley Downs Penpont Boslowick Carfury Treworga Antony Passage Boscreege Badgall Porthtowan Philleigh Longdowns Latchley Monkscross Trelights Demelza Temple West Pentire Woodford St Gennys Eggbeare Lanhainsworth Millbrook Bohetherick Wearde Pencarrow Waterloo Rose-an-Grouse Burniere Gillan Hugus Trenant Tresowes Green Criggan Middle Town St Breock Trewethern Grampound St Stephen Hendra Launceston Indian Queens Connor Downs Penstraze Tresean St Kew Highway Degibna Bakesdown Fernsplatt Porkellis Sellan Amalebra Kestle Lawhitton Portlooe Middlewood South Pill Ninnes Bridge Warbstow Goonhavern Brighton Looe Carbis Higher Ninnis Parc Erissey Bolitho Church Town St Levan Gwinear Downs Sticker Treforda Pennytinney Woolley Sparry Bottom Drym Trewennan St Keyne Mongleath Nancenoy Grumbla Penzance Treninnick Botternell Paramoor Clerkenwater Churchtown Probus Rosevine Ponsongath St Lawrence Carn Brea Village Breage Splatt Lower Boscaswell Tideford Cross Bosporthennis The Towans Whitstone Tredinnick Herodsfoot Daw's House Higher Reen Larrick Lower Kenneggy Releath Hale Mills Lidwell Rosudgeon St Mawgan Seaureaugh Moor Goonown Trekenning Crugmeer Ladycross Lower Clicker Lower Treworrick Westdowns Connon Penmarth Carnhell Green Predannack Wollas Gorran Haven Parson's Park Morwenstow Hendra Feock Praze-an-Beeble Cowlands Ruan Lanihorne St Clether Woon Sheviock Treleigh Tolvaddon Downs North Hill Red Post Garker Herniss St Austell Carloggas Rosenannon Trevivian Carzise Rillaton Portmellon St Ive St Michael Caerhays Rock