Incorrect. By bills I assume you mean tax to the HMRC? If so then yes, the High Court would be involved but they would issue a winding up order, not place us into administration. A very different and final endgame. SWFC = dead and gone.
If we all give them enough grief then it might get recognised at the EFL (it's their cup competition) as damaging for those brands and maybe they'll increase the pressure on Chanscunti?
I've tweeted every single one and called for everyone to boycott each company until they pull their advertising at SWFC and publicly announce they've done so. I'd encourage everyone else to do so.