OS Glasgow Limited faces winding-up petition from energy creditor Yu Energy Retail
Yu Energy Retail Limited has filed a winding-up petition against OS Glasgow Limited in the High Court, with a hearing set for 24 June 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.
Yu Energy Retail Limited presented a winding-up petition against OS Glasgow Limited in the High Court of Justice, Business and Property Courts in London on 5 May 2026. The matter is listed for hearing on 24 June 2026.
A winding-up petition is a court filing by a creditor asking the court to place a company into compulsory liquidation. Filing the petition does not put the company into liquidation; the court must first make a winding-up order at the scheduled hearing. The case reference is CR-2026-003266, and the hearing is due before the Insolvency and Companies List (ChD) at the Rolls Building, Fetter Lane, London, at 10:30 am.
Yu Energy Retail, which filed the petition claiming to be a creditor of OS Glasgow Limited, is based at CPK House, 2 Horizon Place, Nottingham Business Park, Mellors Way, Nottingham. Its legal team's postal address is The Energy Centre, 2 Northgate Street, Leicester.
The company
OS Glasgow Limited was incorporated on 26 July 2017 and carries SIC code 56101, which covers licensed restaurants. Despite the Glasgow name, the company's registered address on Companies House is a default address at PO Box 4385, Cardiff, CF14 8LH, a holding address used by Companies House when a company has failed to supply a valid trading address. The company's last accounts were made up to 31 May 2024.
The director
Lai Kwan Wong is the current director, appointed on 4 December 2024, and is resident in Scotland. Kean Chin Lee served as director from 15 August 2024 until 4 December 2024, also resident in Scotland. Darren Shane Teo, resident in the United Kingdom, held the role from incorporation on 26 July 2017 until 15 August 2024.
What happens next
Anyone intending to appear at the hearing, whether to support or oppose the petition, was required to give notice by 16:00 on 23 May 2026 under rule 7.14 of the Insolvency (England and Wales) Rules 2016. If the court makes a winding-up order at the June hearing, the Official Receiver, a civil servant of the Insolvency Service, would automatically take office as liquidator. No secured charges are registered against OS Glasgow Limited at Companies House.
Common questions
What does a winding-up petition mean for Os Glasgow Limited?
A petition is a court filing, not a court order. Os Glasgow 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 Os Glasgow 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 Os Glasgow 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 Os Glasgow 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 10884918
- Court: High Court of Justice
- Editorial standards: how we source and review; five-pass pipeline.
