Administrators Appointed to J's Cycle Shack Ltd
Retailer J'S CYCLE SHACK LTD has entered administration under Schedule B1 to the Insolvency Act 1986. A statutory notice published in The Gazette on 29 October 2026 confirms that formal proceedings were registered in the High Court of Justice Business and Property Courts in Manchester under case number No 001535 of 2026.
Gazette notice details
The statutory filing in The Gazette records the formal commencement of administration proceedings:
| Detail | Record |
| :--- | :--- |
| Company Name | J'S CYCLE SHACK LTD |
| Company Number | 09126797 |
| Notice Date | 29 October 2026 |
| Notice Code | 2410 (Appointment of administrators) |
| Court | High Court of Justice Business and Property Courts in Manchester - Company & Insolvency List (CHD) |
| Court Case Number | No 001535 of 2026 |
| Appointing Party | [Shown in the creditor report →](#offers-creditor) |
| Appointed Administrators | [Shown in the creditor report →](#offers-creditor) |
| Administrator Contact & Firm | [Shown in the creditor report →](#offers-creditor) |
Company snapshot
Public filings from Companies House outline the corporate profile of the business:
- Incorporation Date: 11 July 2014
- Company Status: Active (pending registration of administration notices)
- Registered Office: Unit A, Kirkgate Business Park, Wakefield, England, WF1 5DL
- Principal Activity (SIC 47640): Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Directors and ownership
The Companies House register records the following directorships and ownership interests for the company:
- Mr James Robert Wagner: Appointed director on 11 July 2014. Born October 1992. British nationality, resident in the United Kingdom.
- Mr Neil David Beardsmore: Appointed director on 10 June 2024; resigned on 31 July 2026. Born November 1981. British nationality, resident in England.
According to the Persons with Significant Control (PSC) register, Mr James Robert Wagner holds between 75% and 100% of the company's shares and voting rights, with control registered on 11 July 2016. These details reflect filings on the public register; statutory records do not impute personal liability or commercial fault to any individual.
What administration means for creditors and customers
When a company enters administration under Schedule B1 to the Insolvency Act 1986, a statutory moratorium takes effect under paragraph 43. This moratorium restricts legal enforcement, meaning creditors cannot seize assets, commence legal claims, or enforce security without the consent of the administrators or permission from the court.
The affairs, business, and property of the company are managed by the court-appointed administrators. Unsecured creditors, including trade suppliers and service providers, must submit formal proofs of debt directly to the appointed insolvency practitioners. Customers awaiting deliveries, repair work, or holding retail gift vouchers generally rank as unsecured creditors unless goods are held under a verifiable trust. This summary serves as general guidance and does not constitute formal legal advice.
Creditor impact and priority structure
In an administration, the realization of company assets follows the statutory distribution waterfall set out in the Insolvency Act 1986:
| Creditor Tier | Legal Basis | Treatment in Administration |
| :--- | :--- | :--- |
| Secured Creditors (Fixed) | Fixed charges on property/assets | Paid directly from realisations of charged property. |
| Insolvency Expenses | Paragraph 99, Schedule B1 | Administrators' fees and operational trading expenses paid first. |
| Preferential Creditors | S.386 & Schedule 6, Insolvency Act 1986 | Employee wage arrears, accrued holiday pay, and designated HMRC debts. |
| Floating Charge Holders | Prescribed Part deductions apply | Satisfied from floating charge pool after preferential deductions. |
| Unsecured Creditors | General trade claims, customer balances | Paid pro rata from remaining funds; recovery depends on total net realisations. |
Action checklist for commercial suppliers
Suppliers and commercial counterparties affected by the appointment should take immediate defensive steps:
1. Assert retention of title (ROT): Review supply contracts for valid ROT clauses. Submit an inventory demand in writing to the administrators before goods on site are commingled or sold.
2. Submit proof of debt: Provide copies of outstanding invoices, contracts, delivery confirmations, and statements of account to the administrator's office.
3. Conduct a winding up search: Verify whether prior court petitions or winding up actions were presented before the administration, confirming legal status and priority.
4. Review credit exposure across trade accounts: Check sector counterparties using automated monitoring to identify distress indicators before accounts fall overdue.
Worked scenario: Managing trade exposure during retail insolvency
Consider an equipment supplier that delivered £30,000 in bicycle components to a retail distributor on 60-day credit terms. Two weeks before settlement, the retailer enters administration.
Because the statutory moratorium freezes standard debt recovery, the supplier cannot issue a statutory demand or instruct bailiffs. A prudent credit manager checks whether a prior winding up search would have highlighted earlier court activity, such as a petition presented under s.124 of the Insolvency Act 1986. If no earlier compulsory liquidation petition exists, the supplier must verify whether title reservation applies to unsold inventory held at the Wakefield facility. The supplier delivers a formal ROT claim to the administrators while filing a proof of debt for any used or sold stock.
Recent filings and Gazette activity
The Gazette published notice number 5240586 on 29 October 2026 under code 2410, recording the formal appointment of administrators in the Manchester Business and Property Courts (case No 001535 of 2026). Companies House registers the company as active while administrative filings are being processed.
Commercial teams traditionally monitor these events by manually searching court cause lists, reviewing WebCHeck updates, and tracking Gazette releases. Corp Intel streamlines this investigative process by centralising insolvency filings, registry filings, and court data into real-time feeds.
For credit teams and suppliers
Trade suppliers, landlords, and commercial lenders must identify counterparty distress before goods are dispatched or lease negotiations finalised. Missing an appointment notice or failing to perform a timely winding up petition search can leave businesses facing unrecoverable unsecured debt. Establish automated tracking via free company monitoring to capture statutory changes as soon as they are filed.
FAQ
What is the statutory effect of administration on outstanding debts?
Administration creates a statutory moratorium under paragraph 43 of Schedule B1 to the Insolvency Act 1986. Creditors cannot initiate court actions, execute judgments, or repossess leased equipment without court approval or the administrators' written consent.
How can suppliers claim goods protected by retention of title?
Suppliers must provide the administrators with copies of signed terms of business containing a valid retention of title clause. The supplier must also supply itemised delivery notes and request an immediate site inspection to identify and separate unpaid stock.
Why is a winding up petition search necessary if an administrator is appointed?
A winding up petition search confirms whether a winding up petition was presented prior to the appointment. Antecedent petitions can alter the legal landscape, affect the validity of disposals under s.127 of the Insolvency Act 1986, and determine the powers of the insolvency practitioner.
Where can creditors find the administrator's proposals and contact details?
The appointed administrators must file their proposals within eight weeks of appointment. Creditors can inspect the original notice on The Gazette or access the full creditor report through verified corporate intelligence platforms.