Winding Up Petition Halterworth in Halterworth

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 Halterworth (Hampshire)

Get in touch

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


Skip to

Gallery

Other locations available for winding up petition halterworth
Lord's Hill Copythorne Mullenspond Chalton Hyde Heather Row Hattingley Ower Hollywater Powntley Copse Bellevue Kempshott Mockbeggar Newfound St Austins Camdentown Baughurst Common Isington Hipley New Town Weyhill Northbrook Couch Green Ramridge Park Micheldever Hazeley Heath Cupernham Church End Southington Hill Brow Totford Bramley Corner Amport Hill Grove Chilworth Old Village Upper Slackstead Stoke Longstock Seafield The Withies Well East Boldre Martin Newton Stacey Bashley Charlwood Highclere Newton Valence Fulflood Alverstoke South Farnborough Burghclere Common Popham Sutton Scotney Fyfield Hampton Park Newnham Flood Street Highbridge Tiptoe Tipner North Street Hatchet Gate Godwinscroft Browninghill Green Hound Farnborough Green Pheonix Green Hursley Tangley New Milton Hartley Mauditt Upper Bullington Sandford East Martin Goodworth Clatford Keeping Hillhead Tinkers Cross Eastleigh Upper Burgate Greatham Calmore Lyndhurst Newtown Hatch Warren Sleepers' Hill Port Solent Pilley Sherborne St John East Worldham Up Somborne Beech Colemore Owslebury Penton Corner Bishop's Green Hazeley Lea Hinton Ampner Drayton Nately Scures Monxton Littleton South Down Stamshaw Sea View Ashe Warren West Town Stockbridge Vernham Dean Hillpound Stakes Chilbolton Down St Giles's Hill Freefolk Timsbury Crowdhill Battramsley Headley Wigley Titchfield Colden Common Abshot Fisher's Pond Appleshaw Harefield Duck Street Heath End Paulsgrove Ashford Hill Picket Post Steep Marsh Liss Criddlestyle Pooksgreen Lyde Green Charter Alley Tadley Bottom Banister's Park Tufton Rockford Wickham Ashley Lindford St Cross Great Shoddesden Salters Heath Emsworth Wittensford Hook The Butts Little London Fox Lane Hazeley Mount Pleasant Blackwater East End Deadwater Old Burghclere Hordle Blackhill Holt Furzeley Corner East Dean Yateley Boarhunt Catisfield Wolverton Blendworth Upper Wield Hightown Hawley Lane Old Shirley Hoe Furze Hill Ovington Curbridge North Fareham Empshott Testwood Weston Colley Upper Canterton Ashe The Close Andover Worthy Down Minstead Eastland Gate Badger Farm Buddle Widley Standford Lower Pennington Hangersley Pondtail Hoe Gate Cosham West Meon Woodlands Bowyer's Common Sherfield English Hundred Acres Wimpson Pardown Shorley Lower Wield Fleet Crookhorn Neatham Ashmansworth Stanmore Upton Tote Hill Swanwick Anthill Common Fullerton Upper Pennington Hillyfields Park Rake Common Bailey's Hard Winchester Copnor Hilsea Broadmere North Charford Lower Farringdon Cliddesden Redbridge Heathfield Spitalhatch Farlington North Waltham Thorns Beach Hatch Bottom Headley Down Medstead Stuckton Downton Hurstbourne Tarrant High Cross Hungerford Boldre Southsea Picket Piece Crondall Whitsbury East Stratton Northbrook Upper Common Eversley Cross Burgates Overton Wimble Hill Marchwood Dunley Crux Easton Woodlands Andover Down Farnborough Street Four Marks South Weirs Fair Oak Forest Corner Woodmancott Blackfield Knapp Furzey Lodge Bevois Valley Wadwick Bagnum New Alresford Rowlands Castle Hill Head Bickton Phoenix Green Polygon Weston Corbett Shalden Stonyford Ibthorpe Highbury Southwick Shirley holms Upper Froyle Barton on Sea Nob's Crook Woodlands Kentsboro Brighton Hill Midanbury Newtown Linkenholt Lower Ratley Heathfield East Cholderton Hardley Old Portsmouth Lovedean Portchester Rotten Green Sandy Down Mottisfont Woodside Fleetlands Bedenham Bagmore Stoner Hill Newtown Pucknall Ossemsley Pennington Heath End Warborne Linwood Heckfield Michelmersh Kings Furlong Quidhampton Newtown Tye Racedown East Tisted West Hill Cole Henley Mellishes Bottom Lower Brook Frogmore Sprat's Down Aldershot Ropley Dean Warren Corner Frogham Townhill Park Leckford Waterditch Vernham Bank Swarraton West End Crawley Lower Burgate South Warnborough Ocean Village Allum Green Old Alresford Wishanger Common Chineham Compton Minley Shalden Green Eling North End Three Ashes Woolston Brock's Green Ibworth Purbrook Hollington Cross Hawthorn Halterworth Durrants Bramshaw Stanswood Bossington Elson Broad Oak Preston Candover Linford Newbridge Winsor Titchfield Park Coombe Titchfield Common Wildmoor Catherington Soberton Heath North Kingston Durns Town Sholing Ellisfield Privett Everton Segensworth Foxcotte Newtown Waltham Chase Lower Common Headbourne Worthy Brickhill The Mint Lower Common Ecchinswell Awbridge Egypt Ringwood Steep Wyck Locks Heath Baffins North Boarhunt Little Down Belbins Mapledurwell Tadley Redenham Monk Sherborne Sarisbury Hartley Wintney Clatford Oakcuts Portsea North Houghton North Stoneham Worting Crockerhill Stubbington Middle Wallop Lane End Ashurst Buriton Frithend Greywell Moulsham Green Bailey Green Ann's Hill Woodley Lordswood Harbridge Green Winslade Hawkley Bunstead West Meon Ashton Church Crookham Barford West Green Selborne Latchmere Green Hyde Northam Holbury Blacknest Dilton Dean Swampton Ratlake Pamber End Old Basing Redlands Upper Shirley Fleetend Houndmills Avington Grayshott The Common Kilmeston Blashford Dummer Horris Hill Hiltingbury Crow Hatherden Kingsley Lepe Old Milton Pamber Green Newgrounds Middleton Headley Harestock Landport Moortown Broughton Cuckoo's Corner Weavers Down Froxfield Green Viables Park Corner Chawton Ampfield Row Ash Netherton Wonston Whiteley Martyr Worthy Westfield Finchdean Stone Corhampton Pitt Durley Street Lower Canterton Wherwell Adbury Stratfield Turgis Ellingham Clarken Green Calshot Golden Pot Tichborne Winchfield Bridgemary Bedford Place Brook Braishfield Wintershill North Camp Bransgore Lymore Enham Alamein Woodcot Sleaford Clayhall Hawley Penwood Lower Exbury Hammer Bottom Stockheath Anstey Highcliffe Hinton Keyhaven Conford Chapel Rushington Bitterne Lower Green Bidden Egbury Fordingbridge Mount Pleasant Ropley Soke South Town Fair Oak Upper Enham Gritnam Tadley Hill Easton Crampmoor Farnborough Park The Holdings Steventon Havant The Hangers Swaythling Buckland Bramley Eastoke Bedhampton Neacroft Gobley Hole Otterbourne Basingstoke Regents Park Dundridge Chilbolton Warnborough Green King's Somborne Soldridge Bisterne Close Somers Town Brook Little Somborne Hollington Cottonworth Newtown Ashley Whitenap Shirrell Heath Kings Worthy Little Posbrook Rye Common Southampton West Common Newtown Bransbury Martin Drove End Holybourne Gosport Pound Green North Baddesley Woodend Lee South Wonston Balmerlawn Stonehills Shipton Bellinger Malshanger Lower Green Gore End Denvilles Stony Heath Furzedown Bramshill Turgis Green Bashley Park Mill Lane South Baddesley Griggs Green Wellow Wood Colbury Daneshill Palestine Hook Shedfield Oakhanger Bucket Corner Applemore North End Binsted Upper Clatford Standon Bevois Mount Ramsdean Damerham North Poulner Rotherwick Critchell's Green Stroud Hunton St Denys Oakridge West End New Cheriton Weeke Frogmore Little Ann Anmore Kingsmead Prince's Marsh Barton Stacey Whitway Sydmonton Whitehill Stoke Common Broad Layings Thornhill Upham Rafborough Over Wallop Twyford Bull Hill Passfield Wecock Foxhills Milford on Sea Wolverton Common Lower Buckland Colt Hill Langley Newtown Common Park Gate Tunworth Hillstreet Lower Turmer Woodgreen Chilton Candover Little London Thedden Meonstoke Thornhill Park Portsmouth Earlstone Common Tot Hill Litchfield Wallington Elvetham Liphook Vernham Row Hill Top Mead End Oakshott Eastney Alton Buttsash Botley Fleet Burley Beauworth Plastow Green Upper Swanmore Gilbury Hard Kingston Court Corner Itchen Abbas West Tisted West End Green Bishop's Sutton Murrell Green Compton Ramsdell Sherfield on Loddon Brockhurst Nether Wallop Canada Common Beckley Ashford Lower Bordean Warblington South Gorley Horseport Battramsley Cross Rownhams Holt End Lynch Hill North Gorley Lower Froyle Hightown West Ham Durley Wootton St Lawrence Curdridge Ower Dean Woodfalls Penton Grafton Portmore Ridge Common Hook Park Estate Setley Cocksford Down North End Danebury Ibsley Allbrook Tidpit Toothill Sandy Balls Bucklers Hard Wymering Vernham Street Leagreen Portswood Roughdown Burridge Wilsom Kent's Oak Kimbridge The Frenches North Hayling Mattingley Blissford Andwell Ridgeway Parade Frenchmoor Dibden Denmead Hatchet Green East Oakley West Tytherley Silchester Highfield Bramshott Leigh Park Hatch St Mary's Bordon Wildhern Boorley Green Cufaude Oak Hill Spanish Green Buckskin Otterwood Fryern Hill Weston Winchfield Hurst Lasham Gunville Bighton Montgomery Lines Herriard Warnford Dibden Purlieu Holt Pound Little Holbury Compton End Bleak Hill Fawley Hannington Up Green Shootash East Woodhay Cowplain Abbotts Barton Hazeley Bottom Hurstbourne Priors Bar End Bramley Green Custards Brokenford Causeway Upton Ashlett Quarley Fair Oak Green Hammond's Green Petersfield Ogdens Charlton Goose Hill Nursling Farleigh Wallop Filmore Hill Bramshott Chase Droxford Forton Lower Daggons Lee Ground Gilbert Street Wivelrod Hill Old Netley Coxford Fair Cross Oakley Ashurst Bridge North Town Soberton Empshott Green Hartley Wespall Abbots Worthy Knowle Hedge End Burley Beacon Bucks Horn Oak Odiham Hound Green East Tytherley Purbrook Heath Fairdown Newtown Bishopstoke Netley Millbrook Itchen Canada Westley Stoney Cross Thorney Hill Pilley Bailey Woolton Hill Sholing Common St Mary Bourne Weston Patrick Sheet Cold Ash Hill Sladen Green Upper Farringdon Silkstead Langrish Horton Heath Soake Peel Common Lower Slackstead Breamore Darby Green Burkham Harefield Little Hoddington Hearn Dunbridge Furzley South View Up Nately Monkwood Kitwood Fareham South Hayling Brook Hill East Meon Lymington Shirley Horndean Hensting Mengham Abbotts Ann Wootton Dogmersfield Baybridge East Wellow Horsebridge Itchen Stoke West Worldham Baughurst Milton Shamblehurst Clanfield North Sydmonton Stoke Street End Stoke Charity Whitchurch Valley Park Beaulieu Sparsholt Liss Forest North End Bursledon Whale Island Inhurst Freemantle Springvale Ripley Longparish Burley Lawn Chidden Drayton Nichols Town Redbrook Long Sutton Bramdean Tilly Down Privett Swelling Hill Burley Street Totton Little Shoddesden Forton Worlds End Anna Valley Bradley Northfields Bulbery Peartree Green The Soke Wheatley Blounce Axmansford Stratfield Saye Nutburn Kingston Cheriton Funtley West Heath Buckland Cuckoo Bushes Ball Hill Gundleton Frostlane Highways Kingsclere Woodlands Norleywood Warsash Netley Hill Carter's Clay Weston North Street Brambridge Newtown Shortheath Bishop's Waltham Brown Candover Hocombe Southwood Dora's Green Turmer Outwick Kingsland Place Wharf Hill West End Morestead Anchorage Park Shirley Warren Newtown Waterlooville Hatt Hill Glebe Walhampton East Liss Houghton Kent Broadgate Warren Corner Southrope Southend Winnall Boyatt Wood Rowner Romsey Fritham Hale Hartfordbridge Penton Mewsey Tapnage Upton Grey Sway Bitterne Manor Wheat Hold Thruxton Hamble-le-Rice Stonymarsh Popley Poulner Pikeshill Lord's Wood Knights Enham Swanmore North Weirs Hounsdown Bartley Lopcombe Turkey Island Harbridge Godshill Chandlers Green Northington Bassett Pamber Heath Stony Batter Arford Fratton Cove North Oakley Frost Hill Rockbourne Upper Wootton Mislingford North Warnborough Wickham Common Bentworth New Brighton Dowd's Farm Foxhall Maybush Deane East End Brockhampton Binley East Hill Pound Street Spearywell West Leigh Ladwell Avon Shirley Park Brown Heath West Liss South Ham Eversley Centre Beech Hill Lockerley Bitterne Park Walton Heath Aldermoor Lowford Abbotswood Foulford Eastrop Portsea Island Summerlug Faccombe Farnborough Oliver's Battery West Heath Birchy Hill Upper Street Burghclere Red Rice East Anton Godshill Wood Westwood Park Water End Mill Green Netley Marsh Elvetham Heath Lee-on-the-Solent Merry Oak Bassett Green Chilworth Kingsclere Clanville The Hummicks Hill Park Blackmoor Mortimer West End Potbridge Lower Swanwick West Stratton Selsmore Hambledon West Dean Laverstoke Crookham Village Hythe Gable Head Sandleheath Cadnam London Minstead Bevois Town Axford Chilcomb Shobley Shawford Church Oakley Winklebury East Aston Meon Brockenhurst Ropley Ashfield Ragged Appleshaw Northney Abbotstone Kimpton Langstone Woodcott Goose Green Nashes Green West Wellow Lower Upham Foxdown Plaitford Green Chandler's Ford Upper Kingston Picket Hill Downend Brockbridge Bowling Alley Exton Woodside Butlocks Heath Bentley Grateley Wildern Crosshouse Townsend Smannell Woodington Dipley Cricket Hill Upper Ratley North Ripley Nutley Lynch Hook Park Exbury Emery Down Lower Bullington Ewshot Little Basing Black Dam Newtown Sopley Polhampton St John's Church Newtown Bisterne Bank