Winding Up Petition Skigersta / Sgiogarstaigh in Skigersta / Sgiogarstaigh

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 Skigersta / Sgiogarstaigh (Western Isles)

Get in touch

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


Skip to

Gallery

Other locations available for winding up petition skigersta / sgiogarstaigh
Sandwick / Sanndabhaig Baile Iochdrach Geisiadar Urgha Beag Tom an Fhuadain Taobh Tuath Scotvein / Scotbheinn Craigston / Baile na Creige Sgallairidh Gearradubh / Gearraidh Dubh Bayhead Carragreich / Carragraich Kildonan / Cill Donnain Tobha Beag Bràigh na h-Aoidhe Siadar Uarach Lochcarnan / Loch a' Chàrnain Grithean Giosla Allasdale / Allathasdal Vatisker / Bhatasgeir Balmartin / Baile Mhàrtainn Crùlabhig Eishken / Eisgean Lacasaidh Torastay / Torastaidh Smerclate / Smeircleit Abhainn Suidhe Botarua / Botarubha Dalmore / Dail Mòr Siabost bho Dheas Lower Bayble / Pabail Iarach Geàrraidh na Mònadh Islibhig Cnoc a' Lin Garry Claddach / Gearraidh Cladach Grimsay / Griomasaigh Ceann a Bhàigh Port Sgiogarstaigh Claddach Illeray / Cladach Iolaraigh East Kilbride / Taobh a' Chaolais Sheshader / Seisiadar Crosbost Cabharstadh Bogach Steinis Borsham / Boirseam Bunavoneadar / Bun Abhainn Eadarra Garenin / Na Gearrannan Valtos / Bhaltos Earshader / Iarsiadar Breasclete / Breascleit Cille Pheadair Lingarabay / Lingreabhagh St Kilda / Hirta / Hiort Collam Eilean Anabaich Grenitote / Greinetobht Pàirceanan South Galson / Gabhsann bho Dheas Sidnish / Saighdinis Milton / Gearraidh Bhailteas Barbhas Uarach Leachcan / Leacainn New Tolsta / Bail' Ur Tholastaidh Guershader Balivanich / Baile a' Mhanaich Lochmaddy / Loch nam Madadh Rhenigidale / Reinigeadal Baile Ailein Oratobht Kirivick / Cirbhig Cnoc Bhuirgh Ceann a-staigh Chuil Tangasdal Trumaisgearraidh Coire an Fhuarain Àird Dhail Borve / Borgh Acairseid Àird a' Mhachair Càrnan Àird Mhithinis Nask / Nasg Arivruaich / Airidh a Bhruaich Ardroil Hushinish / Huisinis Kyles Flodda / Caolas Fhlodaigh Lackalee / Leac a' Lì Ceann Hurnavay Samhla Baleshare / Baile Sear Clachan Sands / Clachan Shannda Ceann Shìphoirt Sandwick / Sanndabhaig Gress / Griais Bragar Lochportain Hacklet / Haclait Barraglom Locheport / Loch Euphort An Leth Meadhanach Cairinis Port of Ness / Port Nis Balla / Am Baile Meavaig / Miabhaig Shader / Siadar Flodaigh Scadabay / Scadabhagh Grìminis Àird nan Strùban Caolis / Caolas Arnol Kyles Scalpay / Caolas Scalpaigh Ceann-na-Cleithe Lionacuidhe North Tolsta / Tolastadh bho Thuath Mealasta Bruernish / Bruairnis Àird Dòun Chàrlabhaigh Àird Mhòr Ardvourlie / Àird a' Mhulaidh Caw / Cadha Linshader / Linsiadar Garrabost Beacravik / Beacrabhaic Lochboisdale / Loch Baghasdail Frobost Cialla Gleann Horgabost Melbost / Mealabost Sliabh na h-Airde Srannda / Strond Cnoc nan Gobhar Snishival / Sniseabhal Likisto / Liceasto Col Creagorry / Creag Ghoraidh Tom na Ba Peninerine / Peighinn nan Aoireann Baghasdail Eoropie / Eòropaidh Carnais Scarista / Sgarasta Hosta Bostadh Cladach Chairinis Reef / Riof An Cnoc Ard Cearsiadair Ruisgarry / Ruisigearraidh Steinis Mingearraidh Claddach Kirkibost / Cladach Chirceboist Cill Amhlaidh Ardvey / Àird Mhìghe Ranais Cliaid Keose / Ceòs Sruth Mòr Ness / Nis Holm / Tolm Haun / Haunn Breaclete / Breacleit Brèbhig High Borve / Bail Àrd Bhuirgh Uachdar Urgha Lemreway / Leumrabhagh Castlebay / Bàgh a'Chaisteil Tigharry / Tigh a' Ghearraidh Cradhlastadh North Dell / Dail bho Thuath Upper Bayble / Pabail Uarach Tobson Lacasdal Cuidhtinis Baile Glas Mangersta / Mangarstadh Portnaguran / Port nan Giùran Newmarket Lionel / Lìonal Tarbert / An Tairbeart Howbeg / Tobha Beag Kirkibost / Circebost Diraclett / Direcleit Borrowston / Borghastan Dunganachy / Dùn Gainmhich Tobhtaral Einacleit Ceann a' Ghàraidh South Lochboisdale / Taobh a' Deas Baghasdail Àird Mhidhinis Gleann Tholastaidh Baile Mhic' Phàil Cuidhir Taobh Siar Ardhasaig / Àird Asaig Carloway / Càrlabhagh North Locheynort / Taobh a Tuath Loch Aineort Clachan na Luib Strumore / Struth Mòr Leth Meadhanach Greosabhagh Skigersta / Sgiogarstaigh West Kilbride / Cille Bhrìghde Sollas / Solas Mullach Chàrlabhaigh Fidigeadh Camas an t-Saoithein Àird Uig Ormiclate / Ormacleit Meavaig / Miabhaig Griminish / Griminis Na Pairceanan Shawbost / Siabost Cliasmol Lundale / Lundal Grìanan Ceann Loch Leideag Gramasdail South Glen Dale / Gleann Dail bho Dheas Keose Glebe / Glib Cheois Garynahine / Gearraidh na h-Aibhne Ceann nam Buailtean Losgaintir Hacklete / Tacleit Habost / Tàbost Cluer / Cliuthar Ardslave / Àird Shleibhe Cladach a' Bhaile Shear Labost Blathaisbhal Kallin / Ceallan Melbost Borve / Mealabost Bhuirgh Valasay / Bhalasaigh Stornoway / Steòrnabhagh Drinishader / Drinisiadar Ceann a' Chòinich Claddach Kyles / Cladach a' Chaolais Scalpay / Sgalpaigh Orinsay / Orasaigh Gerinish / Geirinis Cnoc Amhlaigh Aird Tong / Àird Thunga Uidh Glenside / Taobh a' Ghlinne Eagleton / Baile na h-Iolairne Cnoc Cuidhein Baile nan Cailleach Cnoc Màiri An t-Ob Manish / Mànais Brevig / Brèibhig Rodel / Roghadail Liurbost Blashaval Carishader / Cairisiadar Lochskipport / Loch Sgioport Siadar Iarach Cliff / Cliobh Creagastrom Stilligarry / Stadhlaigearraidh Strombane / Srom Ban Balemore Griomsidar Flodabay / Fleoideabhagh Ardheisker Kyles Stockinish / Caolas Stocinis Borve / Borgh Bàgh a' Chàise Swainbost / Suainebost Carminish / Cairminis Bac Àird Choinnich Aignish / Aiginis Govig / Gobhaig Flesherin / Fleisirin Baile Geocrab Baile Raghaill Finsbay / Fionnsabhagh Buaile Dhubh Maaruig / Màraig Bruach Màiri Howmore / Tobha Mòr Portvoller / Port Mholair Port nan Long Liniclate / Lionacleit Barvas / Barabhas Balranald / Baile Raghnill Eanacleit Ballantrushal / Baile an Truiseil Kershader / Cearsiadar Garyvard / Gearraidh Bhaird Eorodale / Eòradal South Dell / Dail bho Dheas South Locheynort / Taobh a Deas Loch Aineort Claddach-Knockline / Cladach Chnoc a Lin Upper Coll / Col Uarach Baghasdal Seilebost Laxdale / Lacasdail Gravir / Grabhair Siabost bho Thuath Croir Rubha Ban Coig Peighinnean Corunna Grimshader / Griomsiadar Sgarasta Bheag Breinis Borve / Borgh Eochar / Iochdar Borrisdale / Borghasdal Cnoc an t-Solais Bàgh Mòr Ollag North Lochboisdale Àird Adhanais Sildinis / Shiltenish Gabhsann bho Thuath Stoneybridge / Staoinebrig Baile Gharbhaidh Tong / Tunga Geàrraidh Gadhal Àird na Monadh Eoligarry / Eòlaigearraidh Habost / Tabost Middlequarter / Ceathramh Meadhanach Bornish / Bornais North Glendale / Gleann dail bho Tuath Marvig / Marbhig Rhughasinish / Rubha Ghaisinis Crois Dùghaill Ardmore / Àird Mhòr Kilerivagh / Cill Eireabhagh Swordale / Suardail Kentangaval / Ceann Tangabhal Cross / Cros Loch a' Ghainmhich Àird Cumhang Cleat / Cleit Callanish / Calanais Culrigrein Bun a' Mhuillinn Bayherivagh / Thiarabhagh Aird Uigen / Uigean Ceann a Deas Loch Baghasdail Torlum Meavag / Miabhaig Tolsta Chaolais / Tolastadh a' Chaolais Baile Gearr / Ballagarr Timsgarry / Timsgearraidh Earsary / Earsairidh Shulishader / Sulaisiadar Àird Ruairidh Carnach An Gleann Ur Barabhas Iarach Drimsdale / Dreumasdal Ahmore / Athmòr Kneep / Cnip Vatersay / Bhatarsaigh Brue / Brù Dail Beag Blackhouse Village Coilleag Plocrapool / Plocrapol Gramsdal Achamore / Acha Mòr Crothair Adabroc Hougharry / Hogha Gearraidh Sgarasta Mhor Calbost Dalabrog an Iar Raon na Crèadha Cromore / Cromor Malacleit Broker / Brocair Cnoc an Torrain Doune Carloway / Dùn Chàrlabhaigh Ceann a-muigh Chuil Aisgernis / Askernish Rubha Dubh Àird Mhìghe Borve / Na Buirgh Holmar / Tholmair Iolaraigh Seana Bhaile Beitearsaig Daliburgh / Dalabrog Pairc Shiaboist Paible Five Penny Borve / Coig Peighinnean Bhuirgh Beinn Casgro Knock / An Cnoc Balnabodach / Buaile nam Bodach