Winding-Up Petition Hearing Listed for PQ Operations Ltd (CR-2025-002348)
A winding-up petition against PQ Operations Ltd (case number CR-2025-002348) was listed for hearing in the High Court of Justice, Insolvency and Companies List on 29 July 2026 at 10:30am. Proceedings were scheduled for Court 1 at the Rolls Building, London, following an application to wind up the entity under the provisions of the Insolvency Act 1986.
Hearing details
The details below record the entry published on the official court cause list for the High Court listing.
| Attribute | Details |
| --- | --- |
| Company Name | PQ Operations Ltd |
| Company Number | 13297258 |
| Case Reference | CR-2025-002348 |
| Court | High Court of Justice, Insolvency and Companies List |
| Hearing Venue | Court 1, Rolls Building, Fetter Lane, London |
| Hearing Date & Time | 29 July 2026 at 10:30am |
| Matter Type | Winding-up Petition |
Company snapshot
PQ Operations Ltd is an active private limited company incorporated on 28 March 2021 under company number 13297258. The company's registered office address is recorded on the public register as 3rd Floor 86-90 Paul Street, London, United Kingdom, EC2A 4NE, a location commonly utilised for corporate administration and correspondence. Official filing histories can be inspected directly on the Companies House register.
Under section 122(1)(f) of the Insolvency Act 1986, a creditor may petition the High Court for compulsory liquidation on the grounds that a company is unable to pay its debts as they fall due. The presentation of a winding-up petition engages statutory provisions under section 127 of the Insolvency Act 1986. Under section 127, any disposition of company property, including bank transfers, made after the petition presentation date is void unless explicitly validated by court order.
Directors and ownership
Filings maintained at Companies House document the ownership structure and control records for the company. The Persons with Significant Control (PSC) register shows the following entries:
- Mr Aaron Matthew Mellor: Notified on 28 March 2021 as an individual PSC holding 75% to 100% of shares, 75% to 100% of voting rights, and the right to appoint and remove directors.
- Tokyo Industries (Ultimate) Ltd: Corporate entity notified on 28 March 2021 and recorded as ceased on the same date.
These entries state facts as registered on the public record. Legal advisers and credit risk officers evaluating potential recovery actions should verify recent statutory filings to ensure no subsequent officer resignations or appointments have occurred.
Recent filings and Gazette activity
Statutory notifications regarding corporate petitions, court appointments, and compulsory liquidation orders are published in The Gazette insolvency notices portal. Although a petition appears on the High Court cause list prior to advertisement, formal publication typically precedes the substantive hearing unless an interim injunction restraining advertisement is granted by the court.
Secured credit arrangements heavily affect creditor priority during liquidation proceedings. Credit managers should conduct a thorough company charge check to verify whether debentures, fixed charges, or floating charges are registered against corporate assets, as secured debt retains priority over unsecured claims in distributions.
What this means for suppliers, creditors and counterparties
The listing of a High Court petition indicates active legal enforcement against a corporate entity. Financial institutions regularly freeze debtor operational bank accounts upon learning of a petition listing to avoid exposure under section 127.
Practical Creditor Checklist
Commercial risk teams managing counterparty exposure should execute the following protocol:
1. Restrict Unsecured Credit Terms: Instantly shift trading terms to cash-on-delivery (COD) or pro-forma billing to eliminate additional unpaid exposure.
2. Review Contractual Termination Provisions: Inspect existing customer agreements for retention of title (ROT) clauses, default remedies, or insolvency termination triggers.
3. Assess Payment Vulnerabilities: Identify any payments received from the corporate counterparty after the petition filing date, as these payments are subject to clawback if a winding-up order is made.
4. Conduct Daily Registry Screening: Perform a live winding up search across major credit accounts to detect pending proceedings before advertisement in statutory journals.
5. Establish Continuous Intelligence Monitoring: Set up free company monitoring to track future statutory filings, officer changes, or operational status updates automatically.
Worked Scenario: Section 127 Insolvency Risk Assessment
Consider an industrial vendor owed £60,000 by a commercial customer. Following the presentation of a winding-up petition, the customer offers a £20,000 partial payment to maintain ongoing inventory shipments. If the vendor accepts this payment without verifying that the court has granted a validation order under section 127, the transfer is void by operation of law should a compulsory liquidation order be granted.
A court-appointed liquidator can subsequently demand the return of the £20,000 to the estate for distribution among general creditors. Consequently, credit control teams must insist on proof of a court validation order or insist on settlement from an independent third party prior to releasing goods.
For conveyancers, lawyers and lenders
Property conveyancers, corporate solicitors, and commercial lenders are exposed to severe risk if a counterparty is subject to active insolvency litigation. Executing a pre-completion winding up search is essential prior to releasing completion funds, granting security, or executing corporate acquisitions. Missing a pending High Court petition can lead to voided property transfers, frozen client account funds, and costly litigation under section 127 of the Insolvency Act 1986.
How to investigate further
To perform comprehensive counterparty due diligence, investigators should review cause lists published by the High Court of Justice, verify company registry filings, and track statutory notices in The Gazette. Executing a targeted winding up petition search allows analysts to verify pending High Court petitions before formal publication.
Risk analysts should regularly inspect today's winding-up petitions list to cross-reference commercial ledgers against high-risk court files. Consulting the official roll provides additional context on court listings, while specialized intelligence briefings detail specific petitioner categories such as HMRC winding-up petitions.
FAQ
What is a High Court winding-up petition hearing?
A winding-up petition hearing is a formal judicial proceeding where the High Court considers a petition, typically presented by an unpaid creditor, to place a limited company into compulsory liquidation.
Does a cause list listing confirm that a company is insolvent?
No. A cause list listing indicates that a petition has been filed alleging an unpaid debt under section 122(1)(f). Insolvency is not a legal determination until the court issues a winding-up order or formal insolvency practitioners are appointed.
Why do banks freeze company accounts upon petition presentation?
Under section 127 of the Insolvency Act 1986, asset transfers made after petition presentation are void if a winding-up order is subsequently made. Financial institutions freeze accounts to protect themselves against liability for unauthorised payments.
How can a target company respond to a winding-up petition?
A company can settle the petition debt, negotiate an adjournment, apply for a court validation order under section 127 to permit normal trading, or apply to restrain advertisement if the underlying debt is genuinely disputed.
What is the role of the Insolvency and Companies List?
The Insolvency and Companies List of the High Court Chancery Division handles specialised corporate litigation, including statutory demands, winding-up petitions, administration applications, and schemes of arrangement.
How quickly does a petition proceed to a final order?
After presentation, a hearing date is typically set several weeks in advance. However, proceedings may be adjourned, dismissed upon settlement, or accelerated depending on court directions and creditor representation.
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.