Vasave Business Solutions LTD faces a winding-up petition
Active Company no. 07963660 Incorporated Feb 2012 Technology & Media CR postcode area
Helena 3 Airport House, Purley Way, Croydon, CR0 0XZ
The most recent insolvency notice for Vasave Business Solutions LTD is a Petitions to wind up (Companies), published 23 October 2026 in The London Gazette. The petition was presented by HM Revenue & Customs. The case is before the High Court of Justice (case CR-2026-007072 of 2026). The petition is listed to be heard on 04 November 2026 at 1030 hours. 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.
HMRC is the petitioning creditor, so the debt behind the petition is unpaid tax — most often VAT, PAYE or corporation tax — rather than a trade debt. HMRC petitions usually follow a long run of missed payments and ignored demands.
Last filed balance sheet
Not yet retrieved.
Insolvency notices (1)
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Petitions to wind up (Companies) 23 Oct 2026
A petition to wind up VASAVE BUSINESS SOLUTIONS LTD has been filed by HM Revenue & Customs and will be heard in the High Court on 4 November 2026.
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 Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded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-2026-007072 of 2026 and the High Court of Justice in any correspondence about the case, together with company number 07963660.
Owed money by Vasave Business Solutions LTD?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
Related guidance
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.
Frequently asked questions
Is Vasave Business Solutions LTD in liquidation?
The most recent insolvency notice for Vasave Business Solutions LTD (company no. 07963660) is a Petitions to wind up (Companies), published 23 October 2026 in The London Gazette. 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 were Vasave Business Solutions LTD's last filed accounts?
Not yet retrieved for Vasave Business Solutions LTD at Companies House.
How many insolvency notices does Vasave Business Solutions LTD have?
Vasave Business Solutions LTD has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 23 October 2026.
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 HM Revenue & Customs. HMRC is the petitioning creditor, so the debt behind the petition is unpaid tax — most often VAT, PAYE or corporation tax — rather than a trade debt. HMRC petitions usually follow a long run of missed payments and ignored demands.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.