Winding-up petition filed against Fourquest Energy (UK) Limited over alleged debt
Red Industries IS Limited has filed a winding-up petition against Fourquest Energy (UK) Limited, a Middlesbrough oil and gas services firm. Hearing set for 7 July 2026 in Manchester. 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.
Red Industries IS Limited filed a winding-up petition on 19 May 2026 against Fourquest Energy (UK) Limited, a Middlesbrough company providing support services for petroleum and natural gas extraction, claiming to be a creditor of the firm.
A winding-up petition is a court filing by a creditor asking the court to make a winding-up order. Filing a petition does not put the company into liquidation; the court must first make the order at a hearing. The petition has been assigned case number CR-2026-000711.
The hearing
The petition will be heard at the Business and Property Courts in Manchester, at 1 Bridge Street West, on Tuesday 7 July 2026 at 10:00, or as soon thereafter as the matter can be heard. Anyone wishing to appear at the hearing, whether to support or oppose the petition, must give notice of that intention by 16:00 on Monday 6 July 2026.
The petitioner's solicitor is Martin Cork of Freeths LLP, Floor 6, 100 Barbirolli Square, Manchester M2 3BD. The reference number for the matter is MC/88109063/14.
Red Industries IS Limited is based at Great Western Street, Wednesbury, WS10 7LL.
The company
Fourquest Energy (UK) Limited was incorporated on 3 December 2021 and is registered at Cleveland Business Centre, Watson Street, Middlesbrough, TS1 2RQ. Its Companies House status is recorded as active. The company's SIC classification covers support activities for petroleum and natural gas extraction.
The two directors appointed at incorporation, both of whom remain current, are Karl Gannon, resident in the United Kingdom, and Nikola Grgic, resident in Canada.
Secured charges
Two outstanding registered charges are recorded against Fourquest Energy (UK) Limited at Companies House. National Bank of Canada holds a charge created on 18 March 2026, covering all present and future freehold, leasehold or commonhold land and all intellectual property pursuant to the accompanying instrument. Canadian Western Bank holds a separate charge created on 9 January 2023. Both charges remain outstanding.
A secured creditor is one whose debt is backed by a charge over the company's assets, ranking ahead of unsecured creditors when assets are distributed. The petition does not affect the priority of those security interests unless and until a winding-up order is made.
The petition was published in the London Gazette on 12 June 2026.
Common questions
What does a winding-up petition mean for Fourquest Energy (UK) Limited?
A petition is a court filing, not a court order. Fourquest Energy (UK) 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 Fourquest Energy (UK) 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 Fourquest Energy (UK) 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 Fourquest Energy (UK) 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 13781580
- Editorial standards: how we source and review; five-pass pipeline.
