Promise Training Centre Limited Listed for Winding-Up Petition Hearing

A winding-up petition regarding Promise Training Centre Limited (company number 06870288) is scheduled to be heard on 13 August 2026 at 10:30am in Court 4 of the Rolls Building, Fetter Lane, London. The case is listed under reference CR-2026-005022 in the High Court of Justice, Business and Property Courts of England and Wales (Insolvency and Companies List), operating under the statutory framework of the Insolvency Act 1986.

Hearing details

The scheduled hearing forms part of the High Court's weekly insolvency cause list. Court listings provide public notice of petitions presented against corporate entities, enabling creditors, shareholders, and counterparties to monitor proceedings.

| Field | Detail |

| :--- | :--- |

| Company Name | Promise Training Centre Limited |

| Company Number | 06870288 |

| Case Reference | CR-2026-005022 |

| Hearing Date & Time | 13 August 2026 at 10:30am |

| Venue | Court 4, The Rolls Building, 7 Rolls Buildings, Fetter Lane, London, EC4A 1NL |

| Court Jurisdiction | High Court of Justice (Companies Winding Up) |

Practitioners monitoring the court list can check today's winding-up petitions list or inspect the complete High Court listing via the official roll.

Company snapshot

Promise Training Centre Limited is a private limited company incorporated on 6 April 2009. The business operates under Standard Industrial Classification (SIC) code 85590, representing other education not elsewhere classified.

Directors and ownership

Public records registered at Companies House show the legal control and managerial structure of the company. Corporate counterparties examining credit risk typically review directorship history, ultimate beneficial ownership filings, and outstanding security instruments.

When assessing corporate risk, commercial lenders and trade suppliers review whether security interests are registered against company assets. Performing a comprehensive company charge check reveals whether fixed or floating charges have been created under section 859A of the Companies Act 2006, which dictates priority status in formal insolvency distributions.

Recent filings and Gazette activity

Statutory notices relating to winding-up petitions, court orders, and resolution filings are recorded in The Gazette. Under Rule 7.10 of the Insolvency (England and Wales) Rules 2016, a petitioner must advertise notice of a petition in The Gazette no less than seven clear business days after service on the company and at least seven clear business days prior to the hearing, unless the court orders otherwise.

Counterparties should verify whether a petition notice has been gazetted, as advertisement frequently triggers operational bank account freezes under standard clearing bank compliance procedures.

What this means for suppliers, creditors and counterparties

The presentation of a compulsory winding-up petition introduces strict statutory constraints under section 127 of the Insolvency Act 1986. Any disposition of the company's property made after the date of petition presentation is void in the event that a winding-up order is subsequently granted by the court, unless validated under a section 127 validation order.

Practical counterparty risk assessment workflow

To manage operational exposure when a trading partner is named on the cause list, credit controllers and commercial risk managers should follow this structured protocol:

1. Verify petition status: Confirm the petition details and case reference directly with the High Court Central Office or via an online court search.

2. Review section 127 exposure: Identify any payments received or asset transactions completed with the target company following the petition presentation date.

3. Conduct a statutory records review: Run a targeted winding up petition search to ensure no concurrent petitions or insolvency proceedings exist across other court registries.

4. Evaluate supply terms: Assess whether goods delivered on credit are protected by enforceable Retention of Title (ROT) clauses.

5. Establish automated tracking: Set up free company monitoring to receive real-time notifications regarding changes to company officers, registered office addresses, or gazetted notices.

Anonymised case scenario

Consider an educational software supplier that maintains an ongoing service contract with an active training provider. Upon identifying a listed winding-up hearing, the software vendor immediately reviews outstanding invoices. Payments received after the petition presentation date present potential clawback exposure under section 127 if a winding-up order is ultimately granted. The vendor pauses direct debit collections and requests written clarification from the company's legal advisers regarding whether a validation order has been sought.

How to investigate further

Investigating potential insolvency risk traditionally involves manually cross-referencing Companies House records, reviewing court cause lists, searching court rolls, and checking paper Gazette notices. This manual process can lead to delayed identification of critical counterparty developments.

Automated corporate monitoring aggregates filings, court registries, and statutory notices into unified intelligence workflows. Establishing daily email alerts ensures credit control teams identify legal actions before financial exposure escalates.

FAQ

What happens at a High Court winding-up petition hearing?

At the hearing, a High Court Registrar or judge considers the petition alongside any evidence filed by the petitioner, the company, or supporting creditors. The court may grant a winding-up order, dismiss the petition, adjourn the hearing to a future date, or permit the petition to be withdrawn if the debt has been settled or disputed on bona fide grounds.

Does the listing of a petition mean the company is insolvent?

No. A cause list listing indicates that a petition has been filed and scheduled for a court hearing. The presentation or listing of a petition is not a formal finding of insolvency. The legal determination rests entirely with the court at the conclusion of proceedings.

Why do banks freeze accounts upon learning of a winding-up petition?

Banks freeze company accounts to protect themselves against statutory liability under section 127 of the Insolvency Act 1986. If a bank processes transactions from a company account after a petition presentation date and a winding-up order is subsequently made, those dispositions are void unless validated by court order.

How can a counterparty check if a winding-up order was made?

Following the hearing date, counterparties can inspect Companies House form PSC05 or notification form LL RP01 filings, review published entries in The Gazette, or query court order records via specialized corporate intelligence registers.

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.

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