Winding Up Petition

Advising YOU the Director about YOUR company and all options that are available

A winding up order is a court order that forces an insolvent company into compulsory liquidation – a process in which the court appoints an Official Receiver (OR) to liquidate all of the company’s assets in order to repay creditors. It occurs typically when HMRC or another creditor sends a winding up petition (WUP) to the court after the insolvent company fails to repay a debt of more than £750 which has gone unpaid for at least 21 days.

Upon advertisement of a Winding Up Petition a company’s bank account will typically be frozen meaning business is immediately halted.

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Whilst it doesn’t always mean the end of a business if you have received a winding up petition you will need to act immediately

Call us free now on0333 050 8451Or email us atinfo@thedirectorsthelpline.orgAlternatively...

Explore Your Options

Our initial advice is totally free and without obligation. We’ll explain your company debt liabilities, accountancy solutions and restructuring options but we know your business is different to every other business. So, together we decide how to proceed in a manner you’re comfortable with.

We're here to offer free impartial opinion and guidance on the best recovery options for you and your business – not your creditors.

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What Options Do I Have?

The Directors' Helpline operates independently and with no obligation

It’s always worth speaking to us and hearing what we have to say. You will always be guided by a director and we are on hand at any time, 7 days a week. Often directors find our advice far more reasonable, practical and effective than maybe some of the more traditional routes in the past.

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Independent and in your corner

Without advice, directors can be pressured unfairly into insolvency. Unlike insolvency practitioners, The Directors helpline will always represent you and your company, not your creditors.

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We assess all the ways forward

We'll explain your company debt liabilities, accountancy solutions and restructuring options but we know your business is different to every other business. So, together, we decide how to proceed in a manner you're comfortable with.

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Company Recovery Experts

It's our aim to get you and your company the best possible outcome during an uncertain time. The Directors Helpline put 100% in helping you and your company.