Access Commercial Investors 4 Plc (10620505): Insolvency Application Hearing CR-2022-002393
Access Commercial Investors 4 Plc (Company No. 10620505) is scheduled for an application hearing in the High Court of Justice on 20 July 2026. The company, which operated as a commercial investment vehicle under SIC code 64303, entered administration in 2022. This hearing, listed as CR-2022-002393, requires close scrutiny from creditors and counterparties assessing the joint administrators' long-term exit strategy.
The current officers managing the company's affairs are the Joint Administrators from Teneo Financial Advisory Limited. Because the company forms part of a wider 'Access Commercial' group structure with a history of related insolvency proceedings, tracking the outcome of this specific court application is critical for creditors holding cross-guarantees or intercompany debt.
High Court Hearing Details
| Detail | Information |
| :--- | :--- |
| Company Name | Access Commercial Investors 4 Plc |
| Company Number | 10620505 |
| Case Number | CR-2022-002393 |
| Date | 20 July 2026 |
| Time | 12:30pm |
| Court | Insolvency and Companies Court (Chancery Division) |
| Venue | Remotely via MS Teams |
| Case Type | Application |
Expert Analysis: Prolonged Administrations
Under Schedule B1 of the Insolvency Act 1986, an administration automatically ends after one year unless formally extended. Creditors can consent to a single 12-month extension, but any subsequent extensions require a court order under paragraph 76 of Schedule B1.
Given the company's 2022 entry into administration and the 2026 hearing date, this application likely concerns a further extension of the administration period. Administrators typically seek these extensions when complex asset realisations are ongoing, when litigation is pending, or when statutory clearance from HMRC is delayed. Alternatively, the application may seek court directions regarding the distribution of funds or the approval of the administrators' remuneration, particularly if the initial fee estimates have been exceeded due to the protracted nature of the case.
During this period, the statutory moratorium remains in place. This prevents unsecured creditors from commencing or continuing legal action against the company without the consent of the administrators or the permission of the court.
Worked Example: Assessing Secured Creditor Priority
Consider a commercial lender holding a debenture over a subsidiary within the wider Access Commercial group. The lender must determine if their security ranks as a fixed or floating charge, especially considering the prescribed part set aside for unsecured creditors under section 176A of the Insolvency Act 1986.
By reviewing the AM10 progress reports on the Companies House register, the lender tracks asset realisations against the initial statement of affairs. If the administrators apply to court for distribution directions, the lender's legal team must review the application to ensure their priority position is not compromised by disputed asset categorisations. If the court grants an extension, the lender must adjust their internal recovery timelines and non-performing loan provisions accordingly.
Creditor Action Plan
To effectively risk-rank exposure to an entity in prolonged administration, credit managers and legal professionals should follow this investigative framework:
1. Review AM10 Progress Reports: Analyse the latest filings to understand the current asset realisation status, the costs of the administration drawn to date, and the estimated outcome for each class of creditor.
2. Verify Security Priority: Conduct a company charge check to identify secured creditors holding fixed or floating charges, as these rank ahead of unsecured trade debt.
3. Monitor Statutory Notices: Search The Gazette for notices of intended dividends, which signal that the administrators are preparing to distribute funds.
4. Check Group Exposure: Run a winding up petition search across parent and subsidiary companies to ensure no secondary insolvency proceedings threaten group assets or intercompany loan recoveries.
Tracking Insolvency Proceedings
Traditionally, monitoring a company in prolonged administration requires credit controllers to manually check the HMCTS cause lists daily, repeatedly search the Companies House register for new AM10 filings, and scan The Gazette for statutory notices. This fragmented approach risks missing critical court dates, remuneration approval requests, or strict dividend claim deadlines.
Corp Intel consolidates this workflow. Professionals can use our free company monitoring to receive immediate email alerts the moment a new court application is listed or an administrator files a progress report. This ensures legal and credit teams have the maximum possible time to review proposals, lodge proofs of debt, and instruct counsel if a court application threatens their recovery position.
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Disclaimer: This report summarises entries on the published court cause list. Presentation of a petition or an administration application is not a determination of insolvency; the outcome is a matter for the court. Companies believing they are named incorrectly should email contact@corp-intel.co.uk.