If your company bank account has been frozen because of a winding up petition – we can help. A validation order application is normally the best way to proceed, allowing you to continue trading and avoiding the risk of personal liability as well. We have been helping businesses since 2002. Let our team of experts help you too.
Being faced with a frozen company bank account you cannot access is a distressing situation.
The inability to pay suppliers or staff from the company bank accounts can quickly cause significant business issues. Left unresolved, it can lead to the company ceasing to trade very quickly indeed.
Get help – apply for a validation order
Our team at Francis Wilks & Jones can help you continue to trade and help unfreeze company bank accounts. And even getting the winding up order reversed. The best way to solve the so called “limited company bank account frozen” situation is to make an application for a validation order.
A validation order is a special type of court order which we can obtain at short notice through our specialist team by making an appropriate application to court. If that application is successful, the court will then permit the company to make various payments to key suppliers or staff to enable the company to continue to trade.
Directors should try and avoid personal liability
It is critical for directors to understand that failure to apply for a validation order can also lead to personal claims against them if the company later goes into insolvency. It can also lead to director disqualification claims. All of this can be avoided if you apply for a validation order and one is granted by the court.
At Francis Wilks & Jones we have the expert team available to draft at short notice any supporting documentation needed to obtain a validation order. We have an in-house barrister who can attend court to request the order be made and we are only a stone’s throw from the Companies court in London and able to then get there very quickly to make the application.
Unfreezing company bank accounts can make the difference between survival or failure. Let us help you continue to trade and also help get the winding up order reversed. Speak to one of our specialists now and we can help get the order you need to help your business survive.
Please contact one of our expert validation order lawyers now for your friendly informal consultation. At Francis Wilks & Jones, we have significant experience in validation orders and deal regularly with the court in making these applications. We are highly successful and have helped many companies survive and prosper when faced with a winding up petition problem.