A winding up petition is a legal notice put forward to the court by a creditor. The creditor petitions to the court if they are owed more than £750 and it has not been paid for more than 21 days. The application in effect asks the court to liquidate the company as they believe the company is insolvent.
Simon Burn Solicitors has expertise and a strong reputation for its service in the specialist area of Winding up Petitions and proceedings under the Insolvancy Act 1986
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Hudson Weir’s expert Insolvency Practitioner services could help any business struggling with debts Insolvency or Liquidation. IPA accredited and licensed Insolvency Practitioners with over 20 years of proven results across different sectors businesses can rely on Hudson Weir to help them deal with their financial issues.