What happens if I ignore a winding-up petition?
General
What happens if a winding-up petition is ignored?
Ignoring a winding-up petition will usually result in the company being liquidated by the court.
Key consequences
- Bank accounts may be frozen
- Assets can be seized
- The company may be dissolved
What to do immediately
- Seek urgent professional advice
- Consider options such as administration or CVL
- Do not ignore court deadlines
Related guidance
- /guides/winding-up-petition
- /guides/closing-an-insolvent-company