L & R Electrical Ltd faces a winding-up petition
Active Company no. 12692472 Incorporated Jun 2020 Construction IG postcode area
Solutions House, 56-58 Peregrine Road, Ilford, IG6 3SZ
The most recent insolvency notice for L & R Electrical Ltd is a Petitions to wind up (Companies), published 20 August 2026 in The London Gazette. The petition was presented by HM Revenue & Customs. The case is before the High Court of Justice (case CR-2026-005554 of 2026). The petition was listed to be heard on 02 September 2026 at 1030 hours — a date that has now passed, and the Gazette notice is not updated afterwards. Its last accounts filed at Companies House, to 30 June 2024, showed total assets of £35k and net assets of -£152k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 26 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.
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
As at 30 June 2024 · micro entity accounts · unaudited · filed 26 months before the first insolvency notice
Average employees during the period: 1
Insolvency notices (1)
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Petitions to wind up (Companies) 20 Aug 2026
A petition to wind up L & R Electrical Ltd has been filed by HM Revenue & Customs and will be heard in the High Court on 2 September 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 Until it does, the petition can still be dismissed or withdrawn — if the debt is paid, if it is genuinely disputed on substantial grounds, if the company has a cross-claim larger than the debt, or if the court is persuaded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-2026-005554 of 2026 and the High Court of Justice in any correspondence about the case, together with company number 12692472.
Owed money by L & R Electrical 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
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What the public record showed for this company before its insolvency notice:
- Its last filed accounts, to June 2024, already showed negative net assets of -£152k, 26 months before the first insolvency notice.
- Its accounts were overdue at Companies House.
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 L & R Electrical Ltd in liquidation?
The most recent insolvency notice for L & R Electrical Ltd (company no. 12692472) is a Petitions to wind up (Companies), published 20 August 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 L & R Electrical Ltd's last filed accounts?
L & R Electrical Ltd's last accounts filed at Companies House, to 30 June 2024, showed total assets of £35k, net assets of -£152k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does L & R Electrical Ltd have?
L & R Electrical Ltd has 1 insolvency notice recorded in The London Gazette, the most recent being a Petitions to wind up (Companies) on 20 August 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.