What are Winding up Petitions?
A winding up petition is a court action that is heard in a court and is usually placed against a company by a creditor who is owed money. The winding up petitions is only issued to Companies House if the outcome of the petition is that the company is to be wound up and then dissolved.
The petitions are usually published in the Gazette. However, they can be unadvertised which means the information is not published to the public. However, the unadvertised petitions are displayed on HMRC’s website in the daily court hearings list (this is public information) and this is where we can gather this information from.
IMPORTANT: Even if a petition has been dismissed, there will still be a history of the petition and it will still show on the report.