Winding Up Petition Little Haywood in Little Haywood

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 Little Haywood (Staffordshire)

Get in touch

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


Skip to

Gallery

Other locations available for winding up petition little haywood
Cotes Tittensor Burnhill Green Fenton Hobble End Stapenhill Far Hoarcross Wetwood Blithbury Holt Hill Ravenshall Littleworth Leacroft Shobnall Longridge Whitehill Bramshall Blount's Green Orton Barlaston Common Outwoods High Offley Sideway Rickerscote Upper Leigh Mile Oak Four Crosses Woodhouses Newton Woodmill Westlands Endon Coven Heath Heaton The Bratch Slindon Prestwood Florence Halmer End Congreve Cats Edge Hoften's Cross Leek Wychnor Bridges Calton Draycott in the Moors Haughton Thornes Lower Nobut Boney Hay Freehay Newfield Little Haywood Amington Westwood Hem Heath Newton Radmore Wood Broadeye Hillcroft Park Hilltop Joiner's Square Mixon Quarry Heath Birch Cross Wood Lane Shallowford Pasford Horninglow Hopwas Spring Hill New Wood Hanbury Woodend Doley Gnosall Heath Footherley Clifton Campville Cresswell Burybank Weaverslake Farley Hoar Cross Bromstead Common Stanley Glascote The Potteries Godleybrook Tatenhill Common Enson Sturbridge Seisdon Shutt Green Coton in the Clay Oxford Rakes Dale Whittington Whiston Werrington Hopton Dayhills Longton Gnosall Gratton Red Hill Newlands Hinksford Chebsey Deadman's Green Lightwood Leadendale Cauldon Normacot Walton Bednall Creswell Green Trysull Upper Cotton Middle Cliff Aston-by-Stone The Rowe Keele Huntley Barton-under-Needwood Drointon Middle Hill Bridge End Upper Nobut Whitgreave Cold Well Darnford Sutton Bowsey Wood Gentleshaw Horsebrook Bitterscote Armshead Aldershawe Turnhurst Lowe Hill Knowl Bank Biddulph Moor Great Wyrley Ford Green Ashley Heath Stonnall Dunstall Colwich Burton Manor Church Fields Littlewood Shraleybrook Cobridge Blymhill Common Ryecroft Gate Pershall Commonside Meretown Upper Landywood Hanbury Grindley Mobberley Bridgtown Coppenhall The Shruggs Hulme End Orgreave Church Leigh Lynn Alstonefield Stonydelph Balterley Longbridge Hayes Hazlecross Billington Wetton Fradley Junction Newtown Winnington Standeford Gillway Callingwood Talke Pits Newtown Baldwin's Gate Napley Oakley Allimore Green Rising Brook Gillow Heath Stonehouses Forton Dapple Heath Bishops Offley Ramshorn Little Stoke Wallbridge Park Hazles Hatherton Castletown Norton Green Westbeech Brookhay Boundary Dosthill Birchendale Elford Parkside Hawks Green Fegg Hayes Abbots Bromley Chell Heath Godstone Anslow Gate Silverdale Oulton Grange Hademore Lower Drayton Robin Hill Scot Hay Norton Bridge Stanshope Field The Bodnets Whiston Cheddleton Heath Froghall Basford Overton Ecton Longdon Green Sugnall Stoke-upon-Trent Little Burton Hazelslade Rangemore Rolleston on Dove Brund Onecote Croxden Chestall Harper's Gate The Lymes Coven Lawn Nurton Hill Salt Acton Meir Red Bull Stanfield Tatenhill Denford Bowers Thorpe Constantine Upper Hulme Packmoor Giggetty Rugeley Withington Wolstanton Little Ingestre Abbey Green Aspley Morrilow Heath Woodhouses Bottom House Fole Woollaston Coton The Hollies Stoke-on-Trent Great Chell Blackshaw Moor Coton End Edial Cracow Moss Pipe Ridware Rawnsley Eccleshall Southlow Winshill Breretonhill Knightley Dale Totmonslow Middle Madeley Streethay Ball Green Upper Tean Oakamoor Wilnecote Milford Branston Cellarhead Kingston Hill Walford Wetley Rocks Porthill Moneystone Baddeley Edge Cheddleton Creswell Brazenhill Smallthorne Laney Green Chatcull Ellenhall Leycett High Onn Ashley Dale Norton Canes Bentilee Woottons Bradnop Knightley Butters Green Stretton West Hill Wardlow Weston Haselour Threelows Colton Hills Alton Cliff Vale Meaford Cheadle Common Shebdon Dods Leigh Rough Close Poolfields Chesterton Cowley Stone Oulton Heath Woodcock Heath Butter Bank Cross Green Bromstead Coven Newtown Newborough End High Onn Wharf Springhill Huntington Hillsdale Gipsy Green Farewell Brewood Anslow Gerrard's Bromley Tadgedale Church Eaton Green Madeley Park Lower Ellastone Muckley Corner Garmelow Rushton Bank Essington Yarlet The Leys Boscomoor Stockwell Heath Loynton Sandyford Coalpit Hill Weston-under-Lizard Cold Norton Bolehall Cotes Heath Lower Penn Standon Newpool Tamworth Highfields Weston Coyney Mayfield Winnothdale Shelton under Harley Fradswell Hill Top Redhill Loxley Green Fazeley Blackbrook Cross Heath Bradeley Onneley Poolend Cheslyn Hay Buddileigh Hanford Adbaston Prestwood Bilbrook Dimsdale Lower Leigh Blymhill Lawns Broomyshaw Sandonbank Water Eaton Belgrave Kingsford Brineton Light Oaks Creighton Abbey Hulton Stonywell Lightwood Churchbridge Little Saredon Charnes Woodhouse Green Shelton Withystakes Swindon Newchurch Mitton Derrington Fauld Four Ashes Knighton Dunston Heath Dogingtree Estate Brown Lees Lower Knightley Blackwood Hill Blakeley Lane Cotonwood Hilderstone Latherford Oldfurnace Perry Crofts Six Ashes Mill Green Stubwood Offleyrock Kingsley Fradley Harlaston Curborough Blythe Bridge Norbury Efflinch Oak Hill Newstead Morridge Side Cookshill Beam Hill Balterley Green Hazles Cross Barton Gate Meerbrook Stourton Cannock Wood Overmoor Old Perton The Wharf Wereton Great Haywood Horton Tunstall Woodlane Great Gate Handsacre Hadley End Anslow Common Red Street Knighton Pipehill Poolfold Pye Green Etruria Gayton Coton Green Offleymarsh Brinsford Four Ashes Fenton Low Woodwall Green Blakelow Longnor Rock End Moreton Upper Mayfield Hardings Wood Whitley Heath Slade Heath Netherland Green Millmeece Bickford Almington Hartley Green Hansley Cross Clayton Admaston Beffcote Blackfords Brookhouses Milton Wigginton Shaffalong Warslow Western Downs Coton Sharpley Heath Hixon Lea Heath Borough Park Stockton Brook Glascote Heath Tillington Warstone Rocester Kingsley Moor Hollins Browns Lane Perton Little Heath Bemersley Green Croxton Hulme Townsend May Bank Tithebarn Lordsley Landywood King's Bromley Acton Gate Littleworth Mucklestone Gospel Ash Bromstead Heath Whitemoor Stanley Moss The Blythe Hollybush Alders Congleton Edge Knypersley Hilton Church Eaton Rowley Park Wimblebury Alsagers Bank Barnfields Norton-in-the-Moors Ranton Beaconside Hill Ridware Dilhorne Stableford Hanley Adderley Green Cotwalton Kettlebrook Butterton Ipstones Yarnfield Gunstone Clough Hall Chadsmoor Longdon Stanton Blakeley Woodcroft Lapley Hednesford Ridgeway Marston Fairoak Baddeley Green The Brampton Heighley Balance Hill Hammerwich Meir Heath Oldfallow Barlaston Coxgreen Kingstone Acres Nook Smestow Shawfield Moddershall Chorley Levedale Heatley Chase Terrace Madeley Heath Hamstall Ridware Halfpenny Green Rileyhill Newborough Swinscoe Bignall End Sandyford Wheatlow Brooks Bradshaw Tixall Bowers Bent Brereton Heath Hayes Lower Stonnall Fradley South Hales Hollies Common Wootton Stone Heath Dales Green Blore Yoxall Wain Lee The Handfords Dam Mill Hill Top Lower Elkstone Stowe-by-Chartley Chasetown Cauldon Lowe Hollinsclough Bond End Little Aston Audley Springfields Beamhurst Broughton Offleyhay Gorstey Ley Great Chatwell Blundies Two Gates Calf Heath Swynnerton Wall Trinity Fields Bucknall Little Hay Cheadle Park Colshaw Lupin Bishton Crateford Willslock Coltstone Shenstone Rumer Hill Caverswall Sandford Hill Upper Elkstone Back o'th' Brook Little Wyrley Barton Green Burslem Highfields Brocton Copmere End Colton Bradley in the Moors Hyde Lea Longnor Trescott Carroway Head Cheadle Parkgate Bishops Wood Newchapel Wychnor The Raikes Church Mayfield Lower Loxley Beasley Bank Top Penkridge Edingale Oaken Gailey Gratwich Lawnhead Little Chell Kiddemore Green Beechcliff Shut Heath Cat's Hill Cross Flash Forebridge Park End Pattingham Whittington West Chadsmoor Bednall Head Gailey Wharf Featherstone Marston Stretton Walton-on-the-Hill Seighford Marchington Woodlands Knutton Bobbington Woodshutts Basford Green Knotbury Thorncliffe Upper Hatton Haunton Scounslow Green Knowle Style Longshaw Finney Green Rudyard Churnet Grange Iverley Apedale Moss Pit Ford Boothen Weeping Cross Wightwick Manor Sandborough Beamhurst Lane Codsall Coton Hayes Westcroft Kidsgrove Garshall Green Burntwood Green Elford Heath Dunwood Mavesyn Ridware Woodend Windmill Bank Butterton Wrinehill Upper Ellastone Orslow Milldale Baswich Holmcroft Goosemoor Green Burton upon Trent Coton Millend Biddulph Mount Pleasant Stadmorslow Heron Cross Prospect Village Upper Longdon Fawfieldhead Consall Brockton Birchall Goldenhill Dove Bank Cannock Blore Church Hill Kingswood Common Checkley Whitfield Moorend Highwood Boley Park Knenhall Little Madeley Blithfield Whitecross Crossgate Sandfields Fisherwick Hollington Seabridge High Town Little Sugnall Hilliard's Cross Owen's Bank Longsdon Cotton Ashwood Summerhill Birches Head Stanley Moor Oulton Teanford Tunstall Broomhill Leyfields Wheaton Aston Ashley Huddlesford Hartwell Middleton Green Hints Okeover Dunston Moreton Newtown Bonehill Acton Trussell Hardings Booth Dagdale Ilam Outlands Blackbrook Pasturefields Elmhurst Crackley Croxtonbank Saverley Green Alrewas Roche Grange Apeton Kinver Alder Moor Blymhill The Quarry Longport Somerford Hockley Moorside Whittington Ball Haye Green Chapel Chorlton Tompkin Barton Turn Grindon Coton Clanford Leekbrook Little Bridgeford Lask Edge The Heath The Rookery Long Compton Hopedale Draycott in the Clay Christ Church Springhill Madeley Shutlanehead Norton East Compton Outwoods Drayton Bassett Slitting Mill Waterhouses Needwood The Laches Foxley Nethertown Lower Tean Quixhill Leomansley Denstone Brickbridge Jack Hayes Harriseahead Forsbrook Winkhill Bagnall Bromley Wood Above Church Rushton Spencer Stallington Hartshill Blackwaters Talke Ash Bank Podmore Ashmore Brook Rownall Blackbrook Bloreheath Brown Edge Coton Farm Nether Stowe Endon Bank Sandon Leese Hill Meir Hay Trent Vale Great Moor Common Side Rue Hill Hill Top Fulford Dunkirk Gorstyhill Armitage Townhead Rake End Sidway Sheen Hill Chorlton Coldmeece Croxall Wootton Trentham Jugbank Betley Common Greenhead Napley Heath Ribden Painleyhill Ellastone Miles Green Norbury Junction Comberford Spot Acre Waggersley Lower Hatton Cranberry Hodgefield Weston Jones Roughcote Sneyd Green Wigginstall Tuppenhurst Gospel End Etchinghill Bank Top Mosslane Oultoncross Ranton Green Cornhill Whitmore Rakeway Newtown Woodgate Olive Green Stonefield Great Bridgeford Northwood Dunsley Dresden Whitehurst Rodbaston Little Onn Blurton Newcastle-under-Lyme Penkhull Green Heath Middleport Willoughbridge Himley Enville Beech Mossgate Marchington Crakemarsh Townend Lichfield Plardiwick Spath Hanchurch Uttoxeter Knowl Wall Bromley Hall Great Saredon Hollins Shareshill Pitts Hill Butt Lane Mill Green Ravenhill Ounsdale Armsdale Bradley Middle Mayfield Aston Bradwell Smallrice Burntwood Kingsley Holt Nurton Springwood Lane Green Betley Braddocks Hay Woodseaves Gospel End Village Oulton Combridge Morrey Haregate Hawthorns Milwich Shenstone Woodend Berry Hill Washerwall Ingestre Boon Hill Goosemoor Hookgate Kerry Hill Overley Foxt Newton Hurst Stowe Dunstal Coombesdale Pillaton Broad Meadow Greensforge Shirleywich Carmountside Ubberley Maer Codsall Wood Windy Harbour Blythe Marsh Weeford Aston Waterfall Doxey Amerton Stafford Lawns Wood Brereton Cross Chesterfield Wildwood Lutley Cowall Moor Threapwood Burston Walton Loggerheads Tutbury Queensville Wombourne Stramshall Otherton