Winding-Up Petition Hearing Listed: Studio 11:11 Limited
A winding-up petition presented against Studio 11:11 Limited is scheduled for a remote hearing in the High Court of Justice. The petition, filed under section 123 of the Insolvency Act 1986, alleges the company is unable to pay its debts as they fall due.
For counterparties, suppliers, and lenders, the listing of a petition on the court cause list requires immediate attention. Once a petition is presented, the legal framework governing the company's ability to trade and dispose of assets shifts dramatically, exposing unsecured creditors to significant clawback risks if a winding-up order is subsequently granted.
Hearing details
The matter will be heard in the Business and Property Courts of England and Wales (Companies Winding Up).
| Detail | Information |
| :--- | :--- |
| Case Number | CR-2025-005035 |
| Company Name | Studio 11:11 Limited |
| Hearing Date | 20 July 2026 |
| Hearing Time | 11:30am |
| Venue | Remotely via MS Teams |
| Court | High Court of Justice (Companies Court) |
Corporate profile and current status
Studio 11:11 Limited (company number 07062493) is a private limited company incorporated on 31 October 2009. The firm operates in the creative sector, holding standard industrial classification (SIC) codes for motion picture production (59111) and other photographic activities (74209). Its registered office is 25 Chilswell Road, Oxford, Oxfordshire, OX1 4PQ.
According to the Companies House register, the entity has maintained an active status for over 14 years. However, the presentation of a winding-up petition supersedes standard credit scoring. Clearing banks routinely monitor court lists; upon identifying a petition, they will typically freeze the company's bank accounts to prevent the disposition of assets, a protective measure directly tied to insolvency legislation.
Expert analysis: The section 127 risk
The primary risk for any professional dealing with a company facing a petition lies within section 127 of the Insolvency Act 1986. This statute dictates that any disposition of the company's property made after the commencement of the winding up (which dates back to the presentation of the petition, not the hearing date) is void unless the court orders otherwise.
If the company continues to trade without obtaining a formal validation order from the court, any payments made to suppliers or creditors during this interim period can be clawed back by the liquidator. Ignorance of the petition is not a valid statutory defence against a liquidator's demand for repayment.
Realistic worked example: Supplier clawback
Consider an equipment hire firm supplying camera gear to a production company on standard 30-day terms. The production company owes £18,000. A third-party creditor presents a winding-up petition on 1 May. Unaware of the petition, the equipment supplier presses for payment and receives the £18,000 on 15 May.
At the hearing on 20 July, the court grants a winding-up order. The liquidation officially commenced on 1 May. Because the £18,000 payment was a disposition of property post-presentation, it is void under s.127. The liquidator will compel the equipment supplier to return the £18,000 to the insolvency estate, leaving the supplier as an unsecured creditor for the full amount, while also having lost the use of their equipment during that period.
Creditor decision framework
Legal and finance teams must act decisively when a counterparty appears on the winding-up cause list. The following framework outlines the standard response protocol:
1. Halt unsecured credit immediately: Suspend existing credit facilities. Shift all ongoing transactions to strict pro-forma or cash-on-delivery terms, bearing in mind that even cash payments carry s.127 clawback risk without a validation order.
2. Review registered security: Conduct a company charge check to identify existing debentures, fixed charges, or floating charges. This determines where you sit in the creditor hierarchy and whether primary assets are already encumbered.
3. Request validation order evidence: If the directors insist the company is solvent and trading normally, demand a sealed copy of a court validation order permitting them to make payments to your firm.
4. Monitor statutory notices: Track The Gazette for the formal advertisement of the petition. Advertisement typically occurs at least seven days after service and seven days before the hearing, acting as the final public warning.
5. File notice to appear: If you are an existing creditor and wish to support or oppose the petition, instruct your solicitors to file a notice of intention to appear at the hearing, adhering strictly to the deadlines in the Insolvency Rules.
Modernising corporate due diligence
Traditionally, credit controllers and insolvency practitioners have relied on highly manual processes to identify corporate distress. This involves checking the HMCTS CE-File for new case numbers, running ad-hoc searches on Companies House, waiting for delayed credit agency alerts, or manually scanning the daily cause lists and Gazette notices. By the time a manual search flags a petition, the bank accounts may already be frozen, and the s.127 risk window has been open for weeks.
Corp Intel replaces this fragmented approach. By aggregating court cause lists, Gazette notices, and Companies House filings into a single data stream, professionals can run a comprehensive winding up petition search in seconds. Furthermore, setting up free company monitoring ensures that the moment a petition is listed, a Gazette notice is published, or a new charge is registered against a monitored client, your team receives an automated alert. This shifts credit control from a reactive scramble to a defensible, proactive strategy.
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Disclaimer
This report summarises entries on the published court cause list. The presentation of a winding-up petition is not a legal determination of insolvency; the outcome is a matter for the court. Companies believing they are named incorrectly should email contact@corp-intel.co.uk with supporting documentation.