GD Works Ltd faces a winding-up petition
Active Company no. 10492590 Incorporated Nov 2016 Construction WV postcode area
Alvar Business Park, Straight Road, Willenhall, WV12 5QY
The most recent insolvency notice for GD Works Ltd is a Petitions to wind up (Companies), published 13 November 2026 in The London Gazette. The petition was presented by HM Revenue & Customs. The case is before the High Court of Justice (case CR-2026-007764 of 2026). The petition is listed to be heard on 25 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. Accounts are currently overdue at Companies House.
Insolvency notices (1)
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Petitions to wind up (Companies) 13 Nov 2026
A petition to wind up GD Works Ltd has been filed by HM Revenue and Customs and will be heard in the High Court on 25 November 2026.
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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 Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded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-2026-007764 of 2026 and the High Court of Justice in any correspondence about the case, together with company number 10492590.
Owed money by GD Works 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
- Facing a Winding-Up Petition?
- How to Stop a Winding-Up Petition
- Compulsory Liquidation Explained
- The Risks of Trading While Insolvent
- Business Turnaround: Options for Directors
Closing a company of your own? Get a fixed-fee liquidation quote.
Been served with a winding-up petition yourself?
You have about seven working days before it is advertised and the bank freezes the account. In that window a petition can still be paid, disputed, adjourned or overtaken by a rescue. K2's petition desk responds within one working day; if the hearing is this week, call now.
Frequently asked questions
Is GD Works Ltd in liquidation?
The most recent insolvency notice for GD Works Ltd (company no. 10492590) is a Petitions to wind up (Companies), published 13 November 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 GD Works Ltd's last filed accounts?
Not yet retrieved for GD Works Ltd at Companies House.
How many insolvency notices does GD Works Ltd have?
GD Works Ltd has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 13 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.
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.
How much did the company owe?
The notices do not give a figure, and there are no balance-sheet figures we can show for this company (not yet retrieved). What was owed when the process began is set out in the statement of affairs, where one has been filed at Companies House.
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.