HMRC Winding up Petition

Although statistics to evidence it are not easily available it is widely recognised that HMRC present the highest levels of winding up petitions against companies.

It is sometimes as simple as poor communication that has led to HMRC presenting a winding up petition.

Even once a petition is in place it may still not be too late to rescue the company or to consider other Director led insolvency options such as a Company Voluntary Arrangement, Creditors Voluntary Liquidation or Company Administration.

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