Mgi Arena Manchester Limited Listed for Winding-up Hearing at Rolls Building
A winding-up petition against Mgi Arena Manchester Limited is listed for hearing on 15 July 2026 at 12:00 pm in Court 30 of the Rolls Building, London. The matter, registered under case number CR-2025-005790, will be heard before the specialist Companies Court.
For creditors and counterparties, this hearing presents a complex risk profile. According to Companies House records, the company entered voluntary liquidation on 12 June 2025. A compulsory winding-up petition running parallel to an existing voluntary liquidation often signals a creditor's desire to appoint an Official Receiver to investigate director conduct or challenge the existing liquidator's appointment under the Insolvency Act 1986.
Hearing details
| Case Element | Detail |
| :--- | :--- |
| Case Name | Mgi Arena Manchester Limited |
| Case Number | CR-2025-005790 |
| Court | High Court of Justice, Business and Property Courts (Insolvency and Companies List) |
| Date & Time | 15 July 2026, 12:00 pm |
| Venue | The Rolls Building, Court 30, London |
Corporate profile and insolvency status
Mgi Arena Manchester Limited (Company Number: 14644026) was incorporated on 6 February 2023, operating under SIC code 60200 (television programming and broadcasting activities). The registered office is situated at 21 Radbourne Grove, Bolton, BL3 4TD.
The public record indicates the company has been managed by a single director, Mr. Mohammed Gulam Isap, who is also listed as the person with significant control (holding 75% or more of the shares and voting rights).
Financial filings for the entity are limited. As a relatively new company, it has not filed full audited accounts detailing its net asset position or turnover. The absence of recent financial data complicates the recovery assessment for unsecured creditors, placing greater emphasis on the liquidator's initial statement of affairs.
Expert analysis: Petitions against liquidating entities
When a company is already subject to a voluntary winding-up resolution (Form LIQ01 filed on 12 June 2025), a subsequent compulsory winding-up hearing is highly significant.
Under the Insolvency Act 1986, a hostile creditor may petition the court if they believe the voluntary liquidation prejudices their interests. This typically occurs when creditors suspect antecedent transactions, prefer an independent Official Receiver over the director's chosen insolvency practitioner, or require the court's compulsory powers to investigate 'phoenix' activity.
If the court grants the compulsory order, the voluntary liquidation is superseded. The Official Receiver takes immediate control, and the timeline for voidable transactions under s.127 of the Insolvency Act 1986 is strictly enforced from the date the petition was presented.
Composite scenario: The supplier risk
Consider a composite scenario involving a regional broadcasting equipment supplier owed £45,000 by a media entity. The debtor enters a Creditors' Voluntary Liquidation (CVL), but the supplier suspects assets were transferred to a connected party prior to the resolution. The supplier petitions the court for a compulsory winding-up order.
Any other supplier who continued to accept payments from the debtor after the petition was presented now faces severe risk. Unless the court grants a validation order, the Official Receiver can demand the repayment of those funds, treating them as void dispositions under s.127.
Creditor action framework
Professionals advising suppliers, lenders, or counterparties of Mgi Arena Manchester Limited should follow this immediate risk assessment protocol:
1. Halt credit facilities: Immediately freeze any outstanding credit limits. Do not supply further goods or services on credit terms.
2. Review the security position: Conduct a company charge check to identify any registered debentures, fixed charges, or floating charges that hold priority over unsecured claims.
3. Assess s.127 exposure: Audit the sales ledger for any payments received from the company after the petition presentation date. Ring-fence these funds as they may be subject to clawback.
4. Monitor statutory notices: Check The Gazette for the formal advertisement of the petition, which serves as statutory notice to all interested parties.
5. Submit a Proof of Debt: Ensure claims are registered with the current voluntary liquidator while simultaneously monitoring the court cause list for the outcome of the compulsory hearing.
Modernising insolvency tracking
Traditionally, credit controllers and solicitors track insolvency risk manually. This involves checking the daily High Court cause lists, cross-referencing Companies House for form LIQ01, and searching The Gazette for statutory advertisements. This fragmented approach creates a high risk of missing critical insolvency events, often resulting in suppliers trading with an insolvent entity and facing s.127 clawback demands.
Corporate intelligence professionals now automate this workflow. By using free company monitoring, practitioners consolidate court listings, Gazette notices, and Companies House filings into a single alert system. This ensures counterparties react immediately to a petition, halting supply before bank accounts are frozen and mitigating unsecured losses.
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Disclaimer: This report summarises entries on the published court cause list. 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.