Winding up order

Even if your business has received a winding up order we can still help you effectively realise your business assets to achieve the best outcome. Find out your options call us on 0800 331 7417.

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What is a winding up order?

A winding up order is an instruction from the Court to close down a company and liquidate all of its assets. It follows a winding-up petition that’s been made by a creditor, which typically follows a series of unsuccessful attempts to recover their money.

The Official Receiver will have been appointed as Liquidator and you are probably extremely disappointed and worried about your next steps. In this situation your options have run out as the appointed Official Receiver will act to liquidate all of your company assets and that does mean the end of a limited company, the sale of any assets that your business may have and its eventual dissolution at Companies House.

However, you do still have a number of options.  Our expert advisors will work quickly with you to help preserve what is left of your business and support you in dealing with the subsequent demands that usually arise out of this process.

How can we help?

Our company has helped dozens of businesses like yours achieve positive outcomes from winding up orders.  Our service includes a free initial consultation and – in the first instance we will always provide you with an examination of your situation and options before charging you for the engagement of our services.

A lifetime of experience

You will always deal with a senior member of our team – your case will be assigned to a director giving you immediate access to a lifetime of experience.  You will also receive insolvency focussed advice – at McTear Williams & Wood our business is built around insolvency and you will not find a firm more specialist than us.

Hayley Watson


Norwich office contact details:

Cambridge office contact details:

Hayley started her career working at McTear Williams & Wood Limited in 2005 and is a Licensed Insolvency Practitioner advising companies and individuals experiencing financial difficulties and works with a variety of stakeholders to establish and implement the best strategy for individuals and companies experiencing financial difficulties.

Hayley acts as an Insolvency Practitioner in all forms of corporate insolvency including creditors’ voluntary liquidation, compulsory liquidations, solvent members’ liquidations and company voluntary arrangements as well as advising individuals and acts as an insolvency practitioner for individual voluntary arrangements and bankruptcies.

Hayley qualified as a Licensed Insolvency Practitioner in 2019 and was appointed Director in March 2024.  She is currently Chair of R3 Eastern Region committe and have over 19 years of experience in insolvency.

Experiencing business turmoil is often personally troubling. We understand this and will explain the real implications facing you including responsibilities to staff and suppliers. We can also advise on how you may be able to buy back your business and assets.  Many directors find themselves in this position because they have ignored the warning signs or received poor advice.  By acting quickly you will not only have more choices but will also be able to preserve more of your company value.

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