Skip to content
Reported distress — not a Credit Event determination

RTS GRP PLC: petition to wind up published in The Gazette

Source time: · added to CDSBench 23 Sep 2026, 13:30 UTC

Open the source: The Gazette ↗
Sourced facts

What happened

  • The Gazette published a notice of petition to wind up for RTS GRP PLC on 2026-09-22.

From: The Gazette notice record (company name, notice type and publication date). Office-holder names are not stored. Source: The Gazette (Open Government Licence v3.0).

CDSBench analysis — not from the source

CDS relevance

  • A winding-up petition is a creditor's application to court; it is not yet an insolvency, and petitions are often paid off or dismissed.
  • A filing is not a Credit Event: for standard contracts only the Credit Derivatives Determinations Committee decides that, and whether single-name CDS reference this legal entity must be checked separately.
  • Most UK PLCs are not CDS reference entities; check whether contracts reference this legal entity.

What to watch next

  • The court hearing on the petition, and whether it is dismissed, adjourned or leads to a winding-up order.

General information about how CDS documentation treats this kind of event, not legal or investment advice, and not a statement that a Credit Event has occurred.

Europe · Bankruptcy & insolvency