Winding-up petition filed against X76 Chester Ltd, Chester used-car dealer
Premium Credit Limited has filed a winding-up petition against X76 Chester Ltd at the Companies Court, case CR-2026-004049, filed 26 May 2026. 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.
Premium Credit Limited filed a winding-up petition against X76 Chester Ltd, a used-car dealer based in Chester, at the Companies Court on 26 May 2026. The case is listed as CR-2026-004049.
A winding-up petition is a court filing asking a judge to place a company into compulsory liquidation, a court-ordered process that closes the business and distributes its assets to creditors. Filing a petition does not place the company into liquidation; the court must first make a winding-up order at a separate hearing.
X76 Chester Ltd is registered at Heath Farm Chester Road, Backford, Chester, CH1 6PE, and trades in the retail sale of used cars. The company was incorporated on 11 January 2023 under the name 1976 Inc UK Ltd, then changed its name to X76 Chester Ltd on 17 January 2024.
Premium Credit Limited is represented in the proceedings by solicitors Brett Wilson. X76 Chester Ltd is listed in the court filing as a litigant in person, meaning it has no legal representation in the case.
The director
Stephen Paul Winder has been the sole director of X76 Chester Ltd since the company's incorporation on 11 January 2023. He is resident in the United Kingdom.
Secured charges
Two outstanding charges are registered against X76 Chester Ltd at Companies House. HSBC UK Bank PLC holds a fixed and floating charge over all assets, created on 7 November 2024 and delivered for registration on 11 November 2024. Business & Enterprise Finance Ltd holds a fixed and floating charge over all company assets, containing a negative pledge; that charge was created on 26 July 2023 and delivered on 31 July 2023.
A floating charge is a form of security over assets that change over time, such as stock or cash. A fixed charge attaches to a specific identified asset. Both charges are registered as outstanding, meaning their holders rank as secured creditors ahead of unsecured creditors in any distribution of assets.
X76 Chester Ltd remains an active company. The petition is a court filing; no winding-up order has been made.
Common questions
What does a winding-up petition mean for X76 Chester Limited?
A petition is a court filing, not a court order. X76 Chester 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 X76 Chester 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 X76 Chester 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 X76 Chester 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 Petition - Winding Up Petition)
- Companies House record 14585207
- Editorial standards: how we source and review; five-pass pipeline.
