A compulsory liquidation will most frequently start with a statutory demand or county court judgement (CCJ) from a creditor for money owed.  Left unanswered or undisputed, that creditor may submit a winding up petition to the court.  It requests that a winding up order be made to liquidate or ‘wind up’ said company, as they are insolvent.  It is through compulsory liquidation and the appointment o…