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Petitions to wind up (Companies)

OLS Group Limited faces a winding-up petition

active Company no. 16328974 Published 23 October 2026

In short: OLS Group Limited (company no. 16328974) faced a winding-up petition, according to a Petitions to wind up (Companies) notice published in The London Gazette on 23 October 2026. The petition was presented by M.K.M. BUILDING SUPPLIES LIMITED. The case is before the Business & Property Courts In Leeds (case CR-2026-LDS-000936). The petition is listed to be heard on Tuesday 10 November 2026 at 10:00. The company's business: 43110- demolitio.

A petition to wind up OLS Group Limited has been filed and will be heard on 10 November 2026 in Leeds.

Notice details

Company
OLS GROUP LIMITED
Company number
16328974
Nature of business
43110- Demolitio
Registered office
1 Royal Terrace, Southend-on-sea, Essex SS1 1EA
Petitioner
M.K.M. BUILDING SUPPLIES LIMITED, Stoneferry Road, Hull HU8 8DE
Court
Business & Property Courts in Leeds, Fourth Floor, West Gate, 6 Grace Street, Leeds LS1 2RP
Case number
CR-2026-LDS-000936
Hearing date/time
Tuesday 10 November 2026 at 10:00
Contact
Andrew Langton, LCF LAW LIMITED, 33 Park Place, Leeds LS1 2RY, Telephone: 01135324327, Email: [email protected]

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.

The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.

Read more: Facing a Winding-Up Petition?.

What happens next

At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.

Quote case number CR-2026-LDS-000936 and the Business & Property Courts In Leeds in any correspondence about the case.

How does this notice affect you?

Choose what applies and we'll point you at the right next step.

Is your own business showing the same warning signs?

Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.

Related guidance

Free, practical guides from K2 on what this kind of notice means for directors.

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Frequently asked questions

Has OLS Group Limited gone into liquidation?

The London Gazette published a Petitions to wind up (Companies) for OLS Group Limited (company no. 16328974) on 23 October 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.

What happens next?

At the hearing the court decides whether to make a winding-up order. Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded to adjourn while a rescue or refinancing is put in place. If an order is made, the company stops trading, its bank accounts are frozen, control passes to the Official Receiver and a liquidator is appointed to sell the assets and pay creditors in the order fixed by law.

Who presented the winding-up petition, and why?

The petition was presented by M.K.M. BUILDING SUPPLIES LIMITED. The petitioning creditor is another company, so the debt behind the petition is a commercial one — typically an unpaid invoice, rent, or a judgment that went unsatisfied — rather than a tax liability.

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.