Category: Winding Up Petition

Reality Check – Why The Ability To Pay Debts Is Critical

You see it time and again on the news. Companies going insolvent in a dramatic turn of events which seems almost to have happened over night. Where company owners and directors in these cases unaware that debt had reached the point of no return? Or is it often just a case of collective denial of…




How To Stop A Winding Up Petition

If a creditor runs out of patience waiting for a debt to be paid then they can opt for a winding up petition against your company. It has to be said that this is usually a last resort taken by a creditor when all other avenues have failed, which is why it shouldn’t be ignored…