The owner of Madame Tussauds and London Dungeons has been slapped with a winding up petition.

Merlin Entertainments faces court proceedings due to a dispute over debt with Experian, the FTSE 100 listed credit company.

A winding up petition sees unpaid creditors take legal action against the company owing them funds.

Madame Tussauds and London Dungeons-owner Merlin slapped with winding up petition by Experian

Double trouble: Merlin Entertainments owns Madame Tussauds where the wax figures of Harry and Meghan (pictured) are among those on display

A spokesman for Merlin branded Experian’s actions ‘wholly inappropriate’ and said it will apply to have the petition thrown out.

The spokesman said: ‘Merlin Entertainments has a 20-year track record as a highly cash generative company, and supportive owners.

‘Our 2021 audited accounts show a strong recovery from the pandemic.’

The petition has been served on Merlin Attractions Operations Limited, rather than the group.  Winding up petitions can lead to the liquidation of a company if the debt is not paid.

But they are also used as a tactic in a dispute where liquidation is unlikely. Supplier disputes are expected to pick up pace when the country enters recession.

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