📰 Breaking News: Lessons Learnt & Insights from UK’s first and to date only SME Restructuring Plan

Thermal Construction Services LTD faces a winding-up petition

Active Company no. 08706560 Incorporated Sep 2013 Manufacturing N postcode area

Companies House record →

20-22 Wenlock Road, London, N1 7GU

The most recent insolvency notice for Thermal Construction Services LTD is a Petitions to wind up (Companies), published 13 October 2026 in The London Gazette. The petition was presented by Andrew Rosler of Ideal Corporate Solutions Ltd on 10 August 2026. The case is before the High Court of Justice, Business and Property Courts (case CR-2026-MAN-001281). The petition was listed to be heard on 27 October 2026 at 10:00 am — a date that has now passed, and the Gazette notice is not updated afterwards. Its last accounts filed at Companies House, to 30 September 2025, showed total assets of £55k and net assets of -£103k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 12 months before its first insolvency notice. 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.

Last filed balance sheet

As at 30 September 2025 · micro entity accounts · unaudited · filed 12 months before the first insolvency notice

Total assets
£55k
Cash at bank
—
Net assets
-£103k
Total liabilities
£158k

Average employees during the period: 1

Insolvency notices (1)

  1. A petition to wind up THERMAL CONSTRUCTION SERVICES LTD will be heard on 27 October 2026 at the Manchester High Court.

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 Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded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-MAN-001281 and the High Court of Justice, Business and Property Courts in any correspondence about the case, together with company number 08706560.

Owed money by Thermal Construction Services 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.

What to do when a customer fails

Related guidance

Is your own business showing the same warning signs?

What the public record showed for this company before its insolvency notice:

  • Its last filed accounts, to September 2025, already showed negative net assets of -£103k, 12 months before the first insolvency notice.

Each of these is visible 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 Thermal Construction Services LTD in liquidation?

The most recent insolvency notice for Thermal Construction Services LTD (company no. 08706560) is a Petitions to wind up (Companies), published 13 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 Thermal Construction Services LTD's last filed accounts?

Thermal Construction Services LTD's last accounts filed at Companies House, to 30 September 2025, showed total assets of £55k, net assets of -£103k. For a distressed company the last filing often predates the insolvency by a year or more.

How many insolvency notices does Thermal Construction Services LTD have?

Thermal Construction Services LTD has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 13 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 Andrew Rosler of Ideal Corporate Solutions Ltd on 10 August 2026. 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.

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.