Live Chat

We are a City law firm made up of exceptional Barristers and Solicitors. We are regularly instructed in Winding-Up Petitions and have the expertise in both bringing and defending petitions. If you have an unpaid debt or judgment or are a company that has been served with a Winding-Up Petition, call us for a free initial consultation. Our telephone number is ☎ 08458622529 and we know how to help.

Number of Advertised Winding-up Petitions drops 17%

May 03 2012

Insolvency website, CompanyRescue, reports that we may be in a statistical recession, but the number of winding up petitions that are being issued continues to fall.

“In April 2011 the number of petitions advertised was 734 but in April 2012 the number  had fallen to 607.  This represents a fall of 17%.  In March 2012 the numbers were also down from 650 to 610 so the figures haven’t been distorted by Easter.  February 2012 did see a significant rise in the number of petitions which we did report as there was a corresponding increase in the number of distressed companies at that time.

Given that HMRC issue some 60% of winding up petitions it is a clear indication of their willingness to take aggressive action.  Alternatively perhaps we are seeing a recovery in businesses financial health.  Other indicators of the economy do suggest an increase in business confidence.Number of Advertised Winding-up Petitions drops 17%”

Our Winding-Up Experts are able to give specialist legal information and advice in this area of law. To contact one of our Solicitors or Barristers please click here or call 0845 8622 529.

Tags: , , , ,

Call us on ☎ 0845 8622 529 or email us on for more information about the specialist insolvency legal services we provide. Our team of London lawyers are based in Middle Temple adjacent to the Companies Court. We are committed to providing professional and specialist legal advice and are leading experts in cases involving winding-up petitions.