HomeCase studiesSMEs, directors & shareholdersCompany rescueObtaining a validation order to unfreeze a construction company’s bank account and have a winding up petition dismissed

Why the client needed our help

Our client, a construction and building company, had been unknowingly pursued by HMRC for minimal liabilities: the company’s accountants had failed to notify them of any correspondence sent by HMRC chasing the debt, even when a winding up petition been issued. The company only became aware of the matter – and of the petition – when they discovered that their bank account had been frozen. Had they known sooner, they could have immediately and easily repaid the debt. Now the company was unable to receive payments from customers, pay staff salaries or make the payment to HMRC that could resolve the problem.

How we helped

We were able to help our client find a way out of this difficult situation. We immediately set about applying for a validation order to unfreeze the company bank account and sought dismissal of the winding up petition.

The outcome

The the validation order was soon granted and the winding up petition dismissed. The company’s bank account was unfrozen, enabling it to resume receiving and making payments, including their debt to HMRC.

Key contacts

Rebecca Robinson

Rebecca Robinson

Senior Associate

Tim Francis

Tim Francis

Partner

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