However, HMRC are now less inclined to send warnings and are more frequently using distraint. To see the latest list of companies then go to http://www.winding-up-petition.co.uk/category/latest/.
So if HMRC threaten any kind of legal action for the recovery of any tax debts it will either be distraint or a winding up petition. Distraint can be particularly awkward as they will turn up to your registered office and demand goods be taken away in 7 days if the debt is not paid. In many cases, companies have their registered office at the home and anything belonging to the company, such as car, could be their target.
If you get a visit from HMRC field officer then call us and we will see if we can help. In many cases it is not too late to save the business.