Petitions to wind up (Companies)
G1 Propco LTD faces a winding-up petition
In short: G1 Propco LTD (company no. 08257214) faced a winding-up petition, according to a Petitions to wind up (Companies) notice published in The London Gazette on 25 September 2026. The petition was presented by HM Revenue & Customs. The case is before the High Court of Justice (Chancery Division) (case CR-2026-006379). Hearing: 07 October 2026.
A petition has been filed by HM Revenue and Customs to wind up G1 PROPCO LTD (formerly Z HOTELS GLASGOW LTD) and a hearing is scheduled for 7 October 2026.
Notice details
- Company
- G1 PROPCO LTD
- Former name
- Z HOTELS GLASGOW LTD
- Company number
- 08257214
- Registered office
- 53-59 Chandos Place, London, England, WC2N 4HS
- Petitioner
- Commissioners for HM Revenue and Customs
- Petitioner address
- 14 Westfield Avenue, Stratford, London, E20 1HZ
- Petitioner solicitor
- General Counsel and Solicitor to His Majesty's Revenue and Customs, 14 Westfield Avenue, Stratford, London, E20 1HZ, telephone 03000 589239
- Court
- High Court of Justice (Chancery Division), Royal Courts of Justice, 7 Rolls Building, Fetter Lane, London, EC4A 1NL
- Case number
- CR-2026-006379
- Hearing date
- 07 October 2026
- Hearing time
- 10:30 hours
- Notice date
- 23 September 2026
What this notice means
A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
Read more: Facing a Winding-Up Petition?.
How does this notice affect you?
Choose what applies and we'll point you at the right next step.
A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If G1 PROPCO LTD owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2 has backed and restructured UK businesses since 1990, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at G1 PROPCO LTD or something similar, start the conversation early.
If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2 has helped UK directors turn things around since 1990. Talk to us in confidence.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More winding up notices
Frequently asked questions
Has G1 Propco LTD gone into liquidation?
The London Gazette published a Petitions to wind up (Companies) for G1 Propco LTD (company no. 08257214) on 25 September 2026. A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
What does a Petitions to wind up (Companies) mean?
A winding-up petition asks the court to close a company and place it into compulsory liquidation, most often because a debt has gone unpaid. If the court makes a winding-up order, control passes to the Official Receiver or an appointed liquidator, the company's bank accounts are frozen and its assets are sold to repay creditors.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.