Texbond Properties Ltd Faces Winding-Up Petition
On 21 September 2026, a winding-up petition was presented against London-based entity TEXBOND PROPERTIES LIMITED at the High Court Central Registry of Winding-up Petitions under case reference CR-2026-007296.
The presentation of a petition represents the formal commencement of compulsory insolvency proceedings by a creditor or statutory petitioner. It is an initial procedural filing made at court and does not constitute a legal determination of insolvency by the judiciary.
Petition details
The table below outlines the core filing metrics recorded in the HM Courts and Tribunals Service CE-File court registry system:
| Attribute | Details recorded in court entry |
| :--- | :--- |
| Case Reference | CR-2026-007296 |
| Filing Date | 21 September 2026 |
| Court Division | High Court of Justice, Central Registry |
| Case Type | Companies - Petition - Winding Up Petition |
| Target Entity | Texbond Properties Limited |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
| Alleged Debt Amount | [Check the creditor report →](#offers-creditor) |
Company snapshot
Texbond Properties Limited was incorporated on 31 March 2010 and operates under SIC code 82990, covering other business support service activities not elsewhere classified. The company's registered office is situated at Second Floor 36-40 Glasshouse Street, Soho, London, W1B 5DL.
According to the statutory index at Companies House, the company's status is listed as active, but with an active status flag indicating a proposal to strike off. Financial statement details were not supplied in the primary court file extract.
Directors and ownership
Official company filings record the historical and active corporate governance structure as follows:
- Mr Rhys Dafydd Trigg Evans: Appointed as director on 20 October 2010. Born March 1974, British nationality, resident in the United Kingdom. He is also registered as a Person with Significant Control (PSC) since 6 April 2016, holding 50% to 75% of company shares, 50% to 75% of voting rights, and the right to appoint and remove directors.
- Ms Barbara Kahan: Appointed as director on 31 March 2010, resigned on 20 October 2010.
- Ms Lynne Evans: Previously recorded as a Person with Significant Control holding 25% to 50% of shares and voting rights (notified 6 April 2016, ceased 5 March 2018).
Corporate registry facts demonstrate that control rights reside with Mr Rhys Dafydd Trigg Evans. These entries reflect standard public disclosures made to the Registrar of Companies.
Recent filings and Gazette activity
Public filings indicate that Texbond Properties Limited has an active proposal for strike-off noted on its register. No recent insolvency notices for this entity were returned in the preliminary Gazette extract. Creditors and commercial counterparties should monitor The Gazette for formal advertisement of the hearing date.
What this means for suppliers, creditors and counterparties
When a High Court winding-up petition is presented, statutory provisions under Section 127 of the Insolvency Act 1986 apply. Any disposition of company property, transfer of shares, or alteration in the status of company members made after the petition date is void unless validated by the court.
For commercial suppliers, credit managers, and trading partners, a petition presentation introduces immediate financial exposure:
- Bank account freezes: Financial institutions typically freeze corporate bank accounts upon public notification or receipt of a petition to avoid potential Section 127 validation liabilities.
- Supplier credit risk: Goods supplied on open credit terms after the petition date carry substantial recovery risks if a winding-up order is subsequently granted.
- Contractual default triggers: Key commercial leases and loan agreements frequently contain termination clauses triggered by compulsory petition filings.
Counterparty decision framework
1. Verify exposure: Quantify outstanding invoices, unfulfilled purchase orders, and retentions of title.
2. Review terms of trade: Determine whether existing retention of title (RoT) clauses are enforceable.
3. Assess pending transactions: Pause further credit deliveries pending clarification of court validation orders or petition withdrawal.
4. Monitor court dockets: Track the petition for hearing listings, dismissal notices, or advertisement in the London Gazette.
Realistic operational scenario
Consider an equipment supplier delivering goods worth £25,000 on 30-day payment terms to a commercial buyer. If a winding-up petition is presented against the buyer mid-month, any payment executed by the buyer after the petition date without a validation order can be clawed back by a court-appointed liquidator. Performing a routine risk check or a winding up search before approving high-value credit terms allows suppliers to halt pending shipments and request upfront security.
How to run a winding up petition search
Legal representatives and risk professionals routinely perform a corporate check to identify court actions prior to contract completion or debt recovery steps. To check court dockets manually, practitioners contact the Central Registry of Winding-up Petitions or inspect court lists.
Alternatively, teams conduct a comprehensive winding up petition search using automated platforms that cross-reference court CE-File filings with Companies House and Gazette records. Setting up free company monitoring ensures that credit managers receive immediate notifications if a petition or strike-off action is registered against a trade counterparty.
How to investigate further
To conduct further due diligence on this matter, professionals should:
1. Inspect the company's public register at Companies House to examine recent filing history and status notices.
2. Review court listings on the daily cause list to check for listed hearing dates.
3. Request direct court extracts from the High Court Central Registry citing case reference CR-2026-007296.
For credit teams and suppliers
Credit managers, risk officers, and commercial lenders must identify insolvency petitions before granting trade credit or funding facilities. Undetected petition presentations can lead to unrecoverable debts and legal complications under Section 127. Integrating daily checks into client onboarding protects balance sheets against counterparty default.
FAQ
What happens after a winding-up petition is presented?
After presentation, the petition must be served on the company. The court sets a hearing date. If the debt remains unpaid and the petition is advertised in The Gazette, third-party creditors may join the petition.
Can a winding-up petition be dismissed before a hearing?
Yes. If the underlying debt is paid in full, disputed on bona fide substantial grounds, or settled, the petitioning creditor can apply to withdraw or dismiss the petition with court approval.
Does a petition presentation automatically mean the company is insolvent?
No. A petition is an unproven assertion by a petitioner. The court evaluates evidence at the hearing before deciding whether to issue a winding-up order, dismiss the case, or adjourn.
What is Section 127 of the Insolvency Act 1986?
Section 127 renders void any disposition of the company's property made after the petition date unless validated by court order. It protects asset values for the general body of creditors.
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.