Winding Up Petition Marr Green in Marr Green

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 Marr Green (Wiltshire)

Get in touch

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


Skip to

Gallery

Other locations available for winding up petition marr green
Bemerton Heath Chelworth Upper Green Chisbury Mount Sorrel Huntenhull Green Yarnbrook Clatford Baverstock Higher Pertwood Kepnal Lane End Woodsend Lydiard Tregoze Henfords Marsh Trowle Common Membury Groundwell Alton Priors Lyneham Holloway Sutton End Newtown Shute End Hornbeam Grange Paxcroft Preston Bishopstone Hilmarton Mid Wilts Way Wylye Upper Woodford Cowesfield Gate Atworth Froxfield Rockley Donhead St Mary Elm Cross Knapp Hill Stibb Green Foscote Rook Street Clanville Blagrove Queen Street Ramleaze Mountain Bower Sopworth Durrington Bullock's Horn Purton Stoke Charlton All Saints Bradford-on-Avon Farley Swanborough Milkhouse Water Stratton St Margaret Cold Harbour Sells Green Quemerford Churchfields Lockeridge Winterbourne Bassett Park North Badbury Imber Bowerchalke Enford Ashton Common Cloatley End Marlborough Langley Burrell West Yatton Kilmington Upper Stratton Netton Tytherington Bowden Hill Hillmead Burton Hill Startley Blackland Great Hinton Seagry Heath Wolverton Broad Chalke Lydiard Plain Crudwell Gladstone Parade Bowerhill Donhead St Andrew Well Head Colerne Britford Heytesbury Avon Calcutt Boyton Ram Alley Landford Lower Moor Bourton Sem Hill Compton Chamberlayne Brixton Deverill Great Durnford Gasper Longhedge Heywood Broughton Gifford Lopcombe Corner Whittonditch Mere Hinton Parva Henley Bisley North Bradley Short Street Bromham New Town West Sharcott Westcourt Upper Castle Combe Whitley Hook Newton Nunton Fosbury Corsham Mildenhall Market Lavington Penknap Thornhill Clench Common Preston Sedgehill Corner Dogridge Mile Elm Bushton Limpers Hill Littleton Panell Collingbourne Kingston East Hatch Barford St Martin East Tytherton Upavon Barrow Street Berwick Bassett Bulford Camp Wilsford Zeals Row Upper Chicksgrove Lower Upham Little Cheverell East Town Spirthill Quemerford Gate Cadley Charlton The Common Misselfore Beechingstoke Old Sarum Hodson Low Bridge South Tidworth Marten Ballard's Ash Winterbourne Monkton Yarnfield Ratfyn Paxcroft Mead The Linleys Even Swindon Hackthorn Ansty Wichelstowe Christian Malford Malmesbury Cowesfield Green Sturford Ivy Mead Rodbourne Bottom Upper Upham Potterne Wick Marden Normanton Ludwell Highworth Forewoods Common Lydeway Petersfinger Ansty Coombe Bell Hill Horsedown Westwood West Ashton Box Hill Broad Town Upper Seagry Westrop Oxenwood Woodborough Wilton Catcomb Hannington Wick New Town Dertfords Upper Wanborough Whitbourne Springs Allington Maiden Bradley Royal Wootton Bassett Hanging Langford Ashton Keynes The Marsh Kingston Deverill Chapel Plaister Highway Little Bedwyn Nettleton Shrub Bowldown Calne Marsh Sherston Chiseldon Lower Seagry Hindon West Winterslow Upper Town Nursteed East Winterslow Newtown Broad Blunsdon Chitterne Stratford sub Castle Ridge Manningford Abbots Swallowcliffe Higher Coombe Wilton Wadswick Brigmerston Westbury Sedgehill West Chisenbury Everleigh Cleverton Rudge Hilcott Fugglestone St Peter Lake Newton Tony Little Salisbury Collingbourne Ducis Stanley Bremhill Coulston Knook Little Ashley Freshbrook Winsley Manton Easterton Sodom Hudswell West Kington New Town Faberstown South Wraxall Milford Faulston Stoford Littleworth Vastern Middle Coombe Larkhill Melksham Kilmington Common Fyfield Mead End Latton Jockey Green Ferne Hurdcott Dauntsey Westrop Whaddon Poulshot West Grimstead Downton Little London Steeple Ashton Burton Knowl Calstone Wellington Tuckingmill Sutton Veny All Cannings Southbrook Eastcourt Toothill Kingsdown Lavington Sands Lower Chicksgrove Pinckney Green Bremhill Wick Marston Semington Swindon Norrington Common Kinghay Overtown Chedglow Great Cheverell Tidcombe Woolley Abbey Meads Fox Holes Braydon Side New Town Aldbourne Studley Avebury Trusloe Ham Green Badbury Wick Teffont Magna Old Wardour Berwick St Leonard South Newton Lower Blunsdon Sandy Lane Ratford The Stocks Edington Liden Old Town Milkwell Upper Minety Little Chalfield Bulkington East Everleigh Hilperton Marsh The Close Eastrop Avoncliff Brokerswood Eastleaze Buck Hill The Prinnels Chute Standen Codford St Peter Elcombe Little Abbots Winterbourne Gunner Uffcott Purton Common North Wraxall Aughton Lockeridge Dene Cherhill Redlynch Lower Zeals Sutton Row Sutton Benger Corsley Semley Littleton Upton Alderton North Tidworth Temple Dilton Marsh Burcombe Burton Allington Bar Ugford Inglesham Erlestoke Mannington Lydiard Green Netherhampton Coped Hall Roughmoor Westbury Leigh Winterbourne Dauntsey The Gibb Little Durnford Marridge Hill Middle Woodford Easton Piercy Westwells Boscombe Netheravon Berryfield Lacock The Green Mooray Chilton Foliat Ham Gomeldon Walcot West Okus Bullenhill Little Horton Marston Meysey New Town Penleigh Brooklands Strangways Allington The Rectangle Upper Chute Gutch Common Walcot East Easterton Sands Swallett Gate Bodenham Eastcott Morgan's Vale Tidworth Camp Ash Brake Great Bedwyn Eastrip Hoopers Pool Horpit Buttermere Lydiard Millicent Durley Fonthill Gifford Bulford Foxley Slaughterford Upton Scudamore Littleton Drew Figheldean North Burcombe West End Bottlesford Greatfield Washwell Cotswold Community Castle Combe Berwick St James St Katharine's Wild Duck Mead Hankerton Broad Hinton Gorse Hill Charlcutt Blunsdon St Andrew Upper Wraxall Stormore White Cross Huggler's Hole Stoke Farthing Old Dilton Bratton Pewsham Lover Tidworth Outmarsh Whaddon Whitepits Widbrook Tockenham Town's End Stitchcombe Sheldon Corner Plaitford Tytherton Lucas Rivermead Bemerton The Pry Charnage Fisherton de la Mere Chittoe Mere Down Porton Lower Everleigh New Town Hampton Park Lower Stanton St Quintin Upton Lovell Southcott Upper Westwood Stanton Fitzwarren East Sharcott Murcott Derry Fields Grittleton West Kington Wick Great Wishford Beckhampton Great Chalfield Whitbourne Moor Charlton St Peter Westlea Stert Crooked Soley Bonham Tollard Royal Theobald's Green Potterne East Stowell East Gomeldon Limpley Stoke Giddeahall Sherrington Windmill Hill Northbrook Haydon Wick Westdown Camp Woodminton Hullavington Hamptworth Grittenham Martinslade Tanis Cuckoo's Corner Lower Chute Rodbourne Baydon Sherston Parva Gastard Tisbury Clench Wootton Rivers Cloatley Milton Wedhampton Clyffe Pypard Easton Royal Rushall Hyde Firsdown Chirton Great Ashley Rollestone Camp Dinton Kington St Michael Fifield Salterton Stopper's Hill Newbury Minety Hailstone Hill Alton Warminster Common Easton Waterhay Pewsey Wharf Cuckoo's Knob Brokenborough Conkwell Purlpit Birdbush Huish Turleigh New Zealand Wyndham Park Wick Wilson and Kennards Yard Wilsford Honeystreet Lea West Grafton West Lavington Corsley Heath Sharcott East Grimstead Redstocks Elston Pie Corner Rowde Alcombe Rollestone Haxton Patney Calne Easton Town Axford Purton Garsdon Pole's Hole Horton The Shoe Straight Soley Laverstock Studley Green Horsey Down Bagshot Maddington The Middles North End Norton Lower Westwood Landfordwood East Grafton Quidhampton Kington Langley Green Hill Milton Lilbourne West End Upper Pickwick Blue Vein Wincombe Littlecott Church End The Fox Shaw Stanton St Quintin Ogbourne St Andrew Rudloe Stourton Longstreet Widham Ashley Piccadilly Corton Middleleaze Oaksey Upper Studley The Square West Amesbury Portash The Splatts Middle Winterslow Biddestone Southend Horningsham Wexcombe Murhill Hoggington Fiddington Sands Cotmarsh Coate Worton Crockerton Green Woodcock Draycot Foliat Gare Hill Hitcombe Bottom Orcheston Lower Wraxall Seend Head Winterbourne Stoke Willesley Woolley Green Ditchampton Lawn Nettleton Green Perry Green Bulbridge Chilmark Conock Leigh Delamere Castle Eaton Chicksgrove Goatacre Charlton Heath Hannington Lower Woodford Urchfont Penhill Heddington Wick Milston Brunton Upper Inglesham Manningford Bohune Nomansland Thoulstone Moredon Greenman's Lane Bishopstone Cholderton Sevenhampton Dunge Alton Barnes Southwick Fox Hill Greenmeadow West Hatch Hook Street North Wroughton Derry Hill Homanton Brinkworth Hill Deverill Drynham Oare Chelworth Bohemia Rodbourne East Knoyle New Mill Fovant West Crudwell Redlands Knowle Dauntsey Lock Tilshead Alvediston Chapel Knapp Nettleton Wingfield Notton King's Corner The Warren West Overton Whiteparish Filands Pinehurst Monkton Farleigh Lye's Green Perham Down The Pitts Hisomley Longbridge Deverill Teffont Evias Reybridge Tockenham Wick Shalbourne Devizes Ragnal Church End Sevington Allington Fonthill Bishop Coate Dursley Stapleford Eysey Foxham Mount Cowdown Luckington Ebbesbourne Wake Chute Cadley Henley Wroughton Wanborough Bishopstrow Coombe Odstock Ogbourne Maizey Milbourne Bradenstoke Warminster Eldene East Kennett Pewsey Chapmanslade Medbourne Easton Grey Lower Coombe Little Somerford Kingshill West Knoyle Fifield Bavant Seend Brookside Little Marsh Lower Wanborough West Hill Beanacre Seend Cleeve Peckingell Bridgemead Thickwood Greenhill Stanton St Bernard Monkton Deverill Rivar New Town Ditteridge Common Platt Chittoe Heath Lower Village Chelworth Lower Green Salisbury Wardour Hawkeridge Ford North Newnton Shrewton Woodbridge Crockerton Long Dean Underhill Fittleton Dorcan Etchilhampton Inmarsh Townsend Norleaze Westmead Hilperton Littlecott Cricklade The Friary Nythe Sutton Mandeville Stockley Castle The Ham South Marston Yatesbury Ogbourne St George Alderbury Ramsbury Heddington Steeple Langford Chapel Barton Burbage Wilcot Harnham Lower Pertwood Neston Thingley Trowbridge Avebury Staverton Cadley Corston Amesbury Bradford Leigh Compton Liddington Chalford Lower Stratton Barkers Hill Leigh Middlehill Clearwood Hayes Knoll The Causeway Bishops Cannings Marr Green West Gomeldon Little Langford Charlton Manningford Bruce Winterbourne Earls The Spa Draycot Fitz Payne Brook Waters Clevancy Yatton Keynell Ludgershall Ablington Bapton Crofton Restrop Pickwick Woodlands St Paul's Kingsdown Longfield Croucheston Norton Ferris Bishopdown St Andrews Ridge Great Somerford Bleet West Stowell Gore Cross Lackham Knapp Idmiston Bewley Common Ford Stratford Tony Berwick St John Holt Swan Compton Bassett Broadbush West Kennett Codford St Mary Thornend Townsend Covingham Chute Forest Chippenham Roundway Draycot Cerne Deptford Westbrook Lower Studley Pitton Farleigh Wick Chatter Alley Coombe Bissett Norton Bavant East Chisenbury Chicklade Melksham Forest Callow Hill Keevil Homington Minety Common Box Townsend Serrington Zeals Kellaways Westwood Stockton Sunton Townsend