Citu Group Developments Ltd Faces Winding-Up Petition
A winding-up petition has been presented against CITU GROUP DEVELOPMENTS LTD at the Central Registry of Winding-up Petitions. The petition was filed on 13 October 2026 under case reference CR-2026-007914. Presentation of a winding-up petition represents an application to the court by an alleged creditor and is not a judicial determination of insolvency.
Under English insolvency law, specifically section 124 of the Insolvency Act 1986, presentation marks the initial procedural stage where an unpaid creditor seeks a compulsory winding-up order against a company. The matter will proceed to a hearing before a High Court judge or Insolvency and Companies Court judge unless settled, withdrawn, or dismissed prior to that date.
Petition details
The following filing details are recorded on the court's CE-File electronic system:
| Detail | Court Record |
| :--- | :--- |
| Company Name | Citu Group Developments Ltd |
| Case Number | CR-2026-007914 |
| Case Type | Companies - Petition - Winding Up Petition |
| Filed Date | 13 October 2026 |
| Filing Court | Central Registry of Winding-up Petitions |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
| Creditor Solicitor | [Shown in the creditor report →](#offers-creditor) |
| Claimed Debt | [Check the creditor report →](#offers-creditor) |
Daily court updates across the jurisdiction can be reviewed via the today's winding-up petitions list.
Company snapshot
Public filings at Companies House show that Citu Group Developments Ltd (company number 08725546) was incorporated on 9 October 2013. The company holds active status.
- Registered Office: The Place 4 Central Place, Clarence Road, Climate Innovation District, Leeds, England, LS10 1FB
- Standard Industrial Classification (SIC): 70100 (Activities of head offices)
- Financial Accounts: [Check the creditor report →](#offers-creditor)
Detailed corporate filing history and statutory milestones are accessible on the Citu Group Developments Ltd profile on Corp Intel.
Directors and ownership
Companies House records document the officers and ownership structure of the business. The public register states the current active directors:
- Christopher Andrew Thompson: British, born May 1978, resident in England. Appointed as a director on 9 October 2013.
- Jonathan Philip Joseph Wilson: British, born November 1984, resident in England. Appointed as a director on 23 May 2022.
Previous corporate and individual appointments recorded on the register include Fraser Stride (appointed secretary on 24 October 2013, resigned 31 July 2015), Citu Partners Ltd (corporate director appointed 1 January 2015, resigned 31 July 2015), Aisling Ramshaw (director appointed 31 July 2015, resigned 30 June 2016), and Fraser William Stride (director appointed 31 July 2015, resigned 25 September 2019).
According to the Persons with Significant Control (PSC) register:
- Christopher Andrew Thompson: Notified on 1 January 2017 as holding significant influence or control.
- Citu Group Ltd (company number 10375624): Notified on 30 April 2025 as holding 75% to 100% of the shares and voting rights.
Statutory filings record appointments and ownership allocations; they do not imply individual involvement in the circumstances surrounding the petition.
Recent filings and Gazette activity
No recent notices regarding this petition have yet appeared in The Gazette. Under the Insolvency (England and Wales) Rules 2016, a petitioner is prohibited from advertising the petition until at least seven business days have elapsed following personal service on the company's registered office, unless the court orders otherwise.
What this means for suppliers, creditors and counterparties
The presentation of a winding-up petition creates acute legal and operational implications governed by section 127 of the Insolvency Act 1986. Under this section, any disposition of the company's property, including payments from its bank accounts, made after the presentation date is void if a winding-up order is subsequently granted, unless validated by court order.
Commercial counterparties and trade suppliers typically implement a formal risk-ranking framework upon discovering a petition:
1. Stop Credit and Review Terms: Immediately suspend open-ended credit facilities. Move transactions to pro-forma or cash-on-delivery terms.
2. Verify Title to Goods: Review retention of title clauses for any equipment, raw materials, or work-in-progress delivered but unpaid.
3. Assess Direct Ledger Exposure: Reconcile all outstanding invoices and calculate net exposure across all contracts.
4. Monitor Court Developments: Track whether the petition is advertised, paid in full, or supported by other creditors.
Practical exposure scenario
Consider an architectural consultancy with £45,000 in unpaid retainers against a developer facing a petition. If the consultancy accepts a bank transfer settlement after the petition date without a section 127 validation order, that payment could be reclaimed by an official receiver or liquidator if a winding-up order follows. Commercial teams must take formal advice on whether settlement requires a validation application under Insolvency Act 1986 provisions.
For credit teams and suppliers
Credit underwriters, procurement managers, and finance teams require real-time notifications to mitigate bad debt risks. Where exposure to a commercial counterparty is high, reliance on manual Companies House registry checks leaves teams vulnerable, because registry filings often lag petition presentations by weeks. A timely winding up petition search detects filings at the Central Registry level before statutory advertisement. Counterparties can set up free company monitoring to track changes in filing statuses and public notices automatically.
How to investigate further
Professionals investigating this matter should verify records across primary public sources. The Central Registry of Winding-up Petitions manages court cause listings and petitions presented across England and Wales. When considering transactions with connected entities, credit managers routinely perform an independent winding up search to ensure trading risk remains fully contained.
Creditors can inspect statutory documents via Companies House or require certified confirmation of court searches where transactions demand defensible evidence ([Get a Winding Up Search Certificate →](#offers-certificate)).
FAQ
What happens after a winding-up petition is presented?
Following presentation, the petition is served on the company at its registered office. The petitioner must wait at least seven business days after service before advertising the petition in The Gazette. A court hearing date is scheduled, at which the court may grant an order, dismiss the petition, or adjourn the hearing.
Does presenting a petition mean the company is in liquidation?
No. Presentation is merely an application to place the company into compulsory liquidation. The company continues to trade unless or until a court grants an order or the directors place it into voluntary liquidation or administration.
Why do bank accounts freeze after a petition is filed?
Once a bank becomes aware of a petition, it routinely freezes the company's bank accounts to prevent unauthorised dispositions of assets under section 127 of the Insolvency Act 1986, which would expose the bank to potential liability.
How does a creditor confirm if other petitions exist?
Creditors run an electronic winding up search across the High Court registry to identify whether multiple creditors have presented competing petitions against the same entity.
Disclaimer
This report summarises a petition recorded at the Central Registry of Winding-up Petitions. Presentation of a petition is not a determination of insolvency; the outcome is a matter for the court. Companies believing they are named incorrectly should email contact@corp-intel.co.uk.