Winding-up Petition Hearing: E5 Living (Grimsby) Limited
A winding-up petition against E5 Living (Grimsby) Limited has been listed for a hearing at the Rolls Building, London, on 23 July 2026 at 10:30am. The matter, proceeding under case number CR-2026-005159, will be heard before the Insolvency and Companies Court (ICC).
The petition process, governed by the Insolvency Act 1986, acts as a mechanism for creditors to compel the liquidation of a corporate entity deemed unable to pay its debts under section 123 of the Act. For counterparties, the publication of a hearing date requires immediate assessment of credit exposure and contractual obligations.
Hearing details
| Detail | Information |
| :--- | :--- |
| Case Number | CR-2026-005159 |
| Court | Insolvency and Companies Court (ICC) |
| Venue | The Rolls Building, Court 4, London |
| Hearing Date | 23 July 2026 |
| Hearing Time | 10:30am |
| Case Type | ICC Interim List |
Corporate profile and financial position
E5 Living (Grimsby) Limited (11305212) was incorporated on 11 April 2018. It operates under SIC code 41100, indicating the development of building projects. The registered office is located at The Coach House, Oldberrow Manor, Ullenhall Lane, Warwickshire, B95 5PF.
Active directors on the public register are Kevin James Stevens (appointed April 2018) and Oliver James Stevens (appointed April 2024). The entity forms part of a wider corporate group, with E5 Living Limited (10712792) registered as the person with significant control (PSC), holding 75% or more of the shares and voting rights.
According to the latest accounts filed at Companies House, the company reported net assets of £406,827 for the financial year ending 30 April 2023, representing a decline from £693,310 in 2022. The 2023 balance sheet details current assets of £2,228,879, primarily comprising stock and work-in-progress, offset by creditors falling due within one year of £1,822,052.
Statutory implications and section 127 risks
The presentation of a winding-up petition triggers severe statutory restrictions. Under section 127 of the Insolvency Act 1986, any disposition of the company's property made after the commencement of the winding up (the date the petition is presented) is void unless the court orders otherwise.
High street banks routinely monitor court lists and statutory notices in The Gazette. Upon identifying a petition, banking institutions typically freeze the company's accounts to prevent voidable transactions and avoid potential liability. This action immediately strangles the company's working capital.
Scenario: Managing a frozen account
Consider a composite scenario involving a property development subsidiary facing a petition. A subcontractor submits a £50,000 invoice for completed site work. Because the bank has frozen the developer's accounts under s.127 rules, the developer cannot settle the invoice without applying for a validation order from the ICC. The subcontractor must then decide whether to wait for the validation order, support the existing petition as a substitute creditor, or write off the debt if a winding-up order is made and the appointed liquidator finds insufficient realisable assets.
Creditor action plan
Professionals and suppliers with exposure to E5 Living (Grimsby) Limited should execute the following steps:
1. Quantify Exposure: Reconcile all outstanding ledgers, unbilled work-in-progress, and pending orders to establish the exact debt position.
2. Review Security: Perform a company charge check to determine if institutional lenders hold fixed or floating charges (debentures) over the company's assets, which would rank ahead of unsecured creditors in a liquidation scenario.
3. Assess Group Contagion: Evaluate cross-default clauses to determine if the petition against this specific subsidiary compromises contracts with other E5 Living entities.
4. File Notice of Intention: If a creditor wishes to support or oppose the petition at the hearing, they must provide formal notice of their intention to appear by 4:00pm on the business day prior to the hearing.
Modernising insolvency risk detection
Traditionally, credit controllers and insolvency practitioners track legal threats by manually checking weekly cause lists, cross-referencing statutory notices, and pulling individual registry files. This fragmented approach creates a dangerous lag between a petition being presented and a supplier discovering the risk, often resulting in unsecured creditors extending further credit to an already insolvent entity.
By utilising Corp Intel, professionals automate this surveillance. A daily winding up petition search cross-matches court lists with corporate structures, while free company monitoring delivers immediate alerts when a counterparty faces legal action. This ensures credit lines can be suspended and risk mitigation protocols initiated before further losses accrue.
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.