This site provides general information only and does not constitute legal, financial, or professional advice.
Important: This guidance relates to company insolvency in England and Wales.
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
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