Winding-up Petition Listed for PK Brokers Limited: CR-2026-003531
A winding-up petition against PK Brokers Limited has been listed for hearing in the High Court of Justice. The matter, assigned case number CR-2026-003531, will be heard on 15 July 2026 at 11:00 am before the Companies Winding-up judge at the Rolls Building.
This listing follows the presentation of a petition under the Insolvency Act 1986. Such petitions are typically presented by a creditor seeking to force a company into compulsory liquidation to recover an unpaid debt, acting on the presumption that the company is unable to meet its liabilities as they fall due.
High Court Hearing Details
| Detail | Information |
| :--- | :--- |
| Case Name | PK Brokers Limited |
| Case Number | CR-2026-003531 |
| Court | High Court of Justice (Chancery Division) |
| Venue | The Rolls Building, Court 30 |
| Date | 15 July 2026 |
| Time | 11:00 am |
| Case Type | Winding-up Petition |
Corporate Profile and Public Register Status
PK Brokers Limited (Company No. 11512851) was incorporated on 13 August 2018. The company's registered office is located at 2-4 Slade Lane, Levenshulme, Manchester, M13 0QE.
At the time of reporting, the company remains listed as 'active' on the public register. However, the appearance of a winding-up petition on the court cause list indicates a formal legal challenge to its solvency. Under section 123 of the Insolvency Act 1986, a company is deemed unable to pay its debts if it fails to satisfy a statutory demand for a sum exceeding £750 within 21 days, or if it is proved to the court that the value of the company's assets is less than the amount of its liabilities.
Expert Analysis: The Section 127 Risk for Creditors
The immediate risk for any supplier, lender or counterparty dealing with PK Brokers Limited lies in section 127 of the Insolvency Act 1986. Once a winding-up petition is presented, the winding-up is deemed to have commenced on that presentation date.
Section 127 dictates that any disposition of the company's property made after the commencement of the winding-up is void unless the court orders otherwise. When a bank becomes aware of a petition, it will typically freeze the company's accounts immediately to prevent voidable transactions and avoid secondary liability. This abrupt loss of liquidity often paralyzes the target company.
Composite Scenario: The Clawback Threat
Consider a realistic scenario involving a supplier unaware of a pending court action:
Supplier A delivers £15,000 worth of wholesale goods to a corporate customer two days after a winding-up petition is presented against that customer. The customer pays the £15,000 invoice via bank transfer the following week. At the hearing, the judge grants the winding-up order.
The appointed liquidator reviews the company's bank statements and identifies the £15,000 payment to Supplier A. Because the payment occurred after the petition was presented, it is a void disposition under s.127. The liquidator demands the £15,000 back. Supplier A must return the cash and rank as an unsecured creditor for the debt, effectively losing both the goods and the payment.
Creditor Decision Framework
Professionals and businesses with exposure to PK Brokers Limited should take immediate steps to protect their commercial position.
1. Suspend credit facilities: Halt all ongoing supply, services, or credit extensions until the outcome of the hearing is confirmed.
2. Quantify exposure: Reconcile all outstanding invoices, unbilled work in progress, and contractual commitments.
3. Assess security priority: Review the charges register to identify secured creditors. A company charge check will confirm if any lenders hold fixed or floating charges that will take priority over unsecured claims in a liquidation.
4. Review retention of title: If goods have been supplied under standard terms, confirm whether a valid retention of title (RoT) clause exists and consider mechanisms for recovery.
5. Monitor the petition: Track the cause list for adjournments, dismissals, or the granting of a winding-up order.
Traditional Investigation vs Corp Intel
Traditionally, credit controllers and solicitors rely on manual processes to track insolvency risks. This involves checking the daily High Court cause lists, waiting for statutory notices to appear in The Gazette, and manually pulling MR01 forms from Companies House to assess creditor priority. This fragmented approach creates a dangerous time lag. A petition can be presented and a bank account frozen weeks before a Gazette notice is published, leaving suppliers exposed to s.127 clawback risks.
Using Corp Intel, professionals bypass these manual checks. By running a winding up petition search, users can identify early-stage court actions long before they reach the statutory advertisement stage. Furthermore, automating this workflow via free company monitoring ensures immediate email alerts if a client or supplier appears on a cause list, allowing instant credit restriction.
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.