Winding up proceedings are one of the most powerful tools available to creditors—but only when used strategically. This insight explains how statutory demands and winding up petitions work, when they are appropriate, and how a measured, commercially focused approach can help secure payment while avoiding unnecessary legal cost and risk.

This article explains how corporate debt recovery works in practice, from secured and unsecured debts to enforcement, charging orders, and insolvency proceedings. We set out a clear, cost-conscious approach to recovering payment efficiently, helping businesses understand their options and avoid unnecessary legal expense.