Compulsory Liquidation

When a winding-up petition is issued, fast action is essential.

Compulsory liquidation occurs when creditors take formal legal action to close a company that cannot pay its debts. It is a serious situation that can escalate quickly. Moorfields provides urgent advice and practical support to directors facing winding-up petitions, statutory demands or enforcement action.

Understand the Risks and Your Responsibilities

If a creditor has issued a winding-up petition or your company has received a statutory demand, it’s vital to act quickly. Delays can freeze bank accounts, damage business reputation and increase personal risk for directors. Moorfields helps you understand your position, explore any available options and respond in a way that limits exposure. If liquidation is unavoidable, we provide professional support to manage the process and help you meet your legal obligations.

Received a winding-up petition?

Speak to us immediately to understand your options and next steps.

Early Advice Makes a Real Difference

Compulsory liquidation is a court-driven process, but directors still have a role to play. Seeking advice early can open up other options, protect personal position and allow for a more managed closure. Moorfields provides clear, confidential guidance with urgency and care.