Elavon Merchant Services files winding-up petition against MGS Automotive Ltd
U.S. Bank Europe DAC trading as Elavon Merchant Services has filed a winding-up petition against a Macclesfield automotive repair firm. Full notice and Companies House record.
Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.
U.S. Bank Europe DAC, trading as Elavon Merchant Services, presented a winding-up petition against MGS Automotive Ltd on 1 May 2026, citing a creditor claim against the Macclesfield-based automotive repair company. The petition carries court reference CR-2026-LDS-000430.
A winding-up petition is a court filing asking a judge to place a company into compulsory liquidation. The court must still make an order before any liquidation begins. The hearing is listed before the Insolvency and Companies List (ChD), the specialist insolvency list within the Chancery Division, sitting at the Business and Property Courts in Leeds, Fourth Floor, West Gate, 6 Grace Street, on 9 June 2026 at 10:00am.
The company
MGS Automotive Ltd is registered at Unit 4 Waterside, Macclesfield, SK11 7HG, and operates under SIC code 45200, which covers maintenance and repair of motor vehicles. Companies House shows the company was incorporated on 11 January 2021 and its status remains active.
The directors
Alexander Augustin Paredes has been a director since 31 January 2022 and is the sole current director on the Companies House record. Mark William Davenport served as a director from incorporation on 11 January 2021 and resigned on 31 January 2022.
The petitioner
Elavon Merchant Services is the trading name of U.S. Bank Europe DAC, incorporated in Ireland and based at Block F1, Cherrywood Business Park, Cherrywood, Dublin 18. The company is a payment processing and merchant services provider. CST Law, of 6 Rutland Court, 161 Rutland Road, Sheffield, S3 9PP, acts as solicitor for the petitioner, with reference CST/CJ/3667136.
What happens next
Anyone wishing to appear at the 9 June hearing, whether to support or oppose the petition, must give notice of that intention by 4pm on the business day before the hearing, under rule 7.14 of the Insolvency (England and Wales) Rules 2016. If the hearing is adjourned, the same notice deadline applies to the rescheduled date.
No secured charges are registered against MGS Automotive Ltd at Companies House.
Common questions
What does a winding-up petition mean for Mgs Automotive Limited?
A petition is a court filing, not a court order. Mgs Automotive Limited is not yet in liquidation. The court will consider the petition at the date listed in the notice; until then, the company continues to trade, but its bank may freeze accounts and counterparties may stop extending credit. The court can dismiss the petition, adjourn it, or grant a winding-up order.
Are you owed money by Mgs Automotive Limited?
You are not yet a creditor in a liquidation; the company is still trading. If you support the petition, you may file a notice of support at the court named in the notice. If the petition is granted, you become an unsecured creditor in the resulting compulsory liquidation and the Official Receiver will invite you to submit a proof of debt.
Did you work at Mgs Automotive Limited?
A petition does not by itself terminate your employment. Wages and holiday pay continue to accrue until the company stops paying you or is wound up. Watch the bank position closely; if accounts are frozen, payroll will be the first thing to fail. If the petition is granted, statutory redundancy and notice claims become payable from the Redundancy Payments Service.
Are you a director of Mgs Automotive Limited?
Once a petition is filed, the company's directors have a heightened duty to consider the interests of creditors. Continuing to trade where there is no reasonable prospect of avoiding insolvent liquidation can expose directors to personal liability for wrongful trading under Section 214 of the Insolvency Act 1986. Specialist insolvency advice should be taken immediately.
Sources
- The London Gazette notice (code Petitions to Wind Up (Companies))
- Companies House record 13126181
- Court: HIGH COURT OF JUSTICE, BUSINESS AND PROPERTY COURTS IN LEEDS, INSOLVENCY AND COMPANIES LIST (ChD)
- Editorial standards: how we source and review; five-pass pipeline.
