Winding-Up Petition Presented Against LAB364 Ltd
On 25 September 2026, a winding-up petition was presented against LAB364 Ltd (case reference CR-2026-007283) at the High Court Central Registry of Winding-up Petitions. The presentation of a petition is the earliest formal public signal that a creditor has initiated insolvency proceedings under Section 122 of the Insolvency Act 1986.
Presentation of a petition is not a determination of insolvency. It represents an unadjudicated claim before the court, and the ultimate outcome remains subject to judicial review.
Petition details
The details recorded on the HM Courts & Tribunals Service CE-File system for this filing are as follows:
| Attribute | Register Entry |
| :--- | :--- |
| Company Name | LAB364 Ltd |
| Court Reference | CR-2026-007283 |
| Filing Date | 25 September 2026 |
| Case Type | Companies - Petition - Winding Up Petition |
| Filing Location | Central Registry of Winding-up Petitions (CE-File) |
| Petitioning Creditor | [Shown in the creditor report →](#offers-creditor) |
| Claimed Debt Amount | [Check the creditor report →](#offers-creditor) |
Company snapshot
According to the Companies House register entry, LAB364 Ltd is an active private limited company incorporated on 12 February 2025. Further company intelligence is accessible via the LAB364 Ltd profile on Corp Intel.
- Company Number: 16246507
- Registered Office: 364 Stockley Close, West Drayton, United Kingdom, UB7 9BL
- Standard Industrial Classification (SIC): 71129 (Other engineering activities)
- Latest Financial Statements: [Check the creditor report →](#offers-creditor) due to recent incorporation.
Directors and ownership
The public filings at Companies House record the current and historical officer appointments for the entity.
Current Directors
- John Timothy Race: Director, appointed on 12 February 2025.
- Paul Allen Abercrombie: Director, appointed on 5 June 2026. (The register records a prior directorship for Paul Allen Abercrombie from 20 August 2025 to 5 June 2026).
Persons with Significant Control (PSC)
- Charge Holdings Ltd (Company Number 16062096): Recorded as a corporate PSC holding 75% to 100% of shares, notified on 20 August 2025.
- Mr Gavin Ferguson: Recorded as an individual PSC holding significant influence or control from 12 February 2025 until ceasing on 20 August 2025.
Recent filings and Gazette activity
No statutory notices regarding this winding-up petition have appeared in The Gazette at the time of publication. A petitioning creditor typically advertises the petition in The Gazette no less than seven clear business days after serving it on the company and no less than seven clear business days before the court hearing, as prescribed by the Insolvency (England and Wales) Rules 2016.
What this means for suppliers, creditors and counterparties
When a winding-up petition is presented, counterparties face immediate statutory constraints under Section 127 of the Insolvency Act 1986. Any disposition of the company's property made after the petition presentation date is void in the event that a winding-up order is subsequently made, unless validated by court order.
Operational Risk Scenario
Consider a commercial supplier delivering £30,000 worth of specialized engineering assets on credit terms to a company following a petition presentation. If the buyer is subsequently wound up by the court, any payments made to the supplier between the petition date and the court order could be challenged by a court-appointed liquidator. The liquidator may demand the repayment of those funds into the liquidation estate, leaving the supplier as an unsecured creditor for the original balance.
Counterparty Action Framework
Credit managers and procurement officers reviewing exposure to companies facing petition filings should follow a structured evaluation procedure:
1. Freeze Unsecured Credit: Transition existing orders to cash-in-advance or secured payment terms.
2. Review Ongoing Contracts: Inspect supply agreements for insolvency default clauses or immediate termination triggers.
3. Verify Court Status: Monitor court listing updates via the daily winding-up petitions list.
4. Conduct Corporate Verification: Execute a broader winding up search to verify whether connected group entities or parents are subject to separate legal proceedings.
How to conduct a winding up petition search
Tracking corporate insolvency risks manually requires regularly querying the HMCTS CE-File system, monitoring Companies House filings, and checking statutory notices in The Gazette. For credit controllers managing large customer ledgers, manual tracking creates operational delays.
Performing a structured winding up search aggregates court registry filings, statutory advertisements, and registry status changes into a single interface. This allows risk professionals to detect court petitions days before they appear as formal advertisements or cause-list updates.
For credit teams and suppliers
When trading with newly incorporated businesses, pre-contractual screening is essential to avoid unrecoverable bad debt. Relying solely on historical financial accounts is insufficient for recently formed businesses. Credit management teams should implement free company monitoring to receive real-time alerts whenever a counterparty undergoes a register change, court filing, or ownership restructure.
FAQ
What happens after a winding-up petition is presented?
After presentation, the petitioner must serve the document on the registered office of the company. The court sets a hearing date, and the petitioner may proceed to advertise the filing in The Gazette to notify other creditors.
How long does it take for a petition to reach a court hearing?
A winding-up petition hearing is generally listed between six and twelve weeks after the presentation date, depending on court availability and the urgency of any interim applications.
Does a petition mean the company is automatically insolvent?
No. A petition is an unproven allegation of unpaid debt presented by a creditor. The company may dispute the underlying debt, pay the balance in full, or apply to the court to have the petition struck out or dismissed.
Why do bank accounts get frozen when a petition is filed?
Banks monitor public court filings and standard register updates. Once aware of a petition, financial institutions typically freeze company accounts to avoid liability under Section 127 of the Insolvency Act 1986, which renders post-petition asset transfers void without court validation.
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.