|What is a Winding Up Petition?||
See how we have helped struggling businesses back on their feet with their finances...
It took me just over a month to get the money together to pay him, but he was determined to make me shut down regardless – his idea of punishment for making him wait so long I guess. He was very threatening and personal. I had pretty much come to accept that I would have to stop trading and make my staff redundant.
Then I found Winding-Up-Petition.net one evening and phoned the next day. They gave me some terrific advice on how to deal with my creditor and stop the Winding Up Petition. It worked. He backed off, accepted my original payment and even apologized afterwards! I went from staring liquidation in the face to getting my business back."
S Waybridge, Herts
I was so glad I spoke to you. Your advice was great and I can’t wait for our meeting Friday to go over the books. The thought that you can get the Winding Up Petition stopped and then help us look at ways to tighten things up a bit and free up some more cash to pay off some suppliers is such a major relief I can’t tell you.
I haven’t been this optimistic about our future in ages!"
K Waters, Dudley
We stopped trading for a while and closed the office, just sort of sat there waiting for them to force us into liquidation because we couldn’t afford to do it ourselves.
Quite by chance our accountant had another client who had used Winding-Up-Petition.net in the past and suggested we call them. Because of the stress and worry we hadn’t been able to think things through properly, but the advisers helped us see that we didn’t need to sit there and wait to be shut down. We ended up negotiating with our creditors for time and restructured everything so we can wind the company up on our terms and get a higher dividend to our creditors as well!"
P Marks, London
The courts and creditors agreed to let us put the company into administration and restructure it, saving the jobs of our staff and letting us plan how to generate enough money to pay back our creditors.
We’re six months into the implementation of the plan and already we have managed to pay back about a fifth of what we owe. Ours is a third generation family business and its loss would have devastated our family."
M Anthill, Birmingham
J Hart, Devon
|How to stop a Winding Up Petition|
|When to use one|
|How is a Company wound up?|
|What happens to the directors?|
|What happens to the Employees?|
|What is a Pre-Pack Asministration?|