Petitions to wind up (Companies)
Clydeside Powder Coatings Limited faces a winding-up petition
In short: Clydeside Powder Coatings Limited (company no. SC481522) faced a winding-up petition, according to a Petitions to wind up (Companies) notice published in The London Gazette on 30 October 2026. The office holders are Michelle Elliot; Callum Angus Carmichael. The petition was presented by Clydeside Powder Coatings Limited. The case is before the Glasgow Sheriff Court.
A petition was presented to Glasgow Sheriff Court to wind up Clydeside Powder Coatings Limited and to appoint Michelle Elliot and Callum Angus Carmichael as joint interim liquidators.
Notice details
- Company
- CLYDESIDE POWDER COATINGS LIMITED
- Company number
- SC481522
- Registered office
- C/O McLay, McAlister & McGibbon LLP, 145 St. Vincent Street, Glasgow, G2 5JF
- Petitioner
- Clydeside Powder Coatings Limited
- Court
- Glasgow Sheriff Court
- Date of petition
- 27 October 2026
- Liquidator(s)
- Michelle Elliot; Callum Angus Carmichael
- Liquidator address
- FRP Advisory Trading Limited, Level 2, The Beacon, 176 St Vincent Street, Glasgow, G2 5SG
- Contact
- John McKeown, Macdonald Henderson Wellington Place, 107 West Regent Street, Glasgow G2 2BA. Ref: JM/C01519.1.
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 Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded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.
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 CLYDESIDE POWDER COATINGS LIMITED 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's founder has turned around UK businesses since 1990, and K2 has backed and restructured them since 2001, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at CLYDESIDE POWDER COATINGS LIMITED 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's founder has helped UK directors turn things around since 1990. Talk to us in confidence.
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.
More winding up notices
Frequently asked questions
Has Clydeside Powder Coatings Limited gone into liquidation?
The London Gazette published a Petitions to wind up (Companies) for Clydeside Powder Coatings Limited (company no. SC481522) on 30 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 Clydeside Powder Coatings 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.
Who is dealing with the liquidation?
The office holders named in the notice: Michelle Elliot; Callum Angus Carmichael. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number.
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.