A winding-up petition is the first step towards obtaining a winding-up order against a business that has substantial unpaid debt.  If a winding-up order is subsequently made, it will enter compulsory liquidation, cease trading and the conduct of its directors will be investigated. What does it mean if one of your customers has a Winding […]… Continue Reading

National Insolvency figures published (15 Jan 2022) by the Government’s Insolvency Service have indicated that the number of registered company insolvencies in January 2022 was 1,560: More than double the number registered in the same month in the previous year (758 in January 2021), and Similar to the number registered two years previously (pre-pandemic; 1,508 in January 2020). […]… Continue Reading