 The petition should contain a full history and background to the company, together with an overview of its initial trading history.It should contain a comprehensive explanation of the reasons for the company's current financial difficulties and, where applicable, the measures the directors have taken to remedy the situation.The petition should conclude with an analysis of the reasons the petitioner believes the company and the whole or any part of its undertaking has a reasonable prospect of survival as a going concern and of the changes in conditions necessary to ensure its survival.