Quote Iain="Iain"I'm sure someone can explain this better than me, but winding up petitions usually come about when a company is not receiving money it is owed by another company and as a last resort they apply to have the company either pay up or be wound up. We had another one earlier this year from HMRC if memory serves - the tax bill was paid, and the winding up petition is dropped.'"
You are spot on, however the "dash" for a winding up order usually indicates a hard-nosed company, usually there will be a few solicitor's letters first, once the normal payment terms have been exceeded. As this one is from Steuer Greggson Limited, the clubs own consultants it does certainly cause the eyebrows to raise a tad!!
There can of course be many reasons that a company doesn't pay up - products or services not delivered or not of the agreed quality being probably the most common and consultancy firms have little to bargain with so tend to take recourse in such actions rather more quickly than other companies.
