Aura Assets Management Enters Administration
Aura Assets Management Limited entered administration on 13 October 2026 following a filing in the High Court of Justice, Business and Property Courts in Leeds (Insolvency & Companies List, case number CR-2026-001017), according to official records in The Gazette. The administration filing comes shortly after HM Revenue and Customs (HMRC) published a statutory winding-up petition against the property management firm.
Companies House records show the London-registered company specialises in real estate buying, selling, and property management activities under SIC codes 68100, 68209, 68320, and 98000.
Gazette notice details
The statutory notice published in The Gazette on 13 October 2026 details the formal insolvency process:
- Notice Date: 13 October 2026
- Court: High Court of Justice Business and Property Courts in Leeds, Insolvency & Companies List (ChD)
- Case Number: CR-2026-001017
- Company Name: AURA ASSETS MANAGEMENT LIMITED
- Company Number: 13218012
- Appointing Party / Administrators: [Shown in the creditor report →](#offers-creditor)
Company snapshot
According to records maintained at Companies House, Aura Assets Management Limited was incorporated on 23 February 2021. The registered office address is recorded as 444 Edgware Road, London, England, W2 1EG, having previously relocated from 3rd Floor, 45 Albemarle Street, London, W1S 4JL.
| Attribute | Registered Record |
| :--- | :--- |
| Company Name | AURA ASSETS MANAGEMENT LIMITED |
| Company Number | 13218012 |
| Incorporation Date | 23 February 2021 |
| Current Status | Active (Administration filing in progress) |
| Registered Office | 444 Edgware Road, London, England, W2 1EG |
| Primary SIC Codes | 68100, 68209, 68320, 98000 |
Directors and ownership
The public register at Companies House lists three current directors for Aura Assets Management Limited:
- Mrs Aiza Zahid: Appointed on 23 February 2021. British filings record Pakistani nationality and residence in England (born December 1996).
- Mr Muaaz Bin Anis: Appointed on 28 August 2023. Register records Pakistani nationality and residence in England (born December 1997).
- Mr Abishake KC: Appointed on 2 April 2024. Register records British nationality and residence in England (born January 1982).
Persons with Significant Control (PSC)
Companies House register entries record two individuals with significant control:
- Mrs Aiza Zahid: Notified on 23 February 2021. Holds ownership of shares (25% to 50%), voting rights (25% to 50%), and the right to appoint and remove directors.
- Mr Muaaz Bin Anis: Notified on 28 August 2023. Holds ownership of shares (50% to 75%), voting rights (50% to 75%), and the right to appoint and remove directors.
Corporate register entries represent historical statutory filings. They do not constitute statements regarding individual conduct or solvency.
Recent filings and Gazette activity
Prior to entering administration, Aura Assets Management Limited was subject to debt recovery proceedings initiated by HMRC.
On 2 October 2026, a winding-up petition notice was advertised in The Gazette (case number CR-2026-006472). The petition had been presented on 19 August 2026 by the Commissioners for HM Revenue and Customs as creditors of the company. A formal hearing had been listed at the High Court, Royal Courts of Justice, London, for 14 October 2026.
The subsequent appointment of administrators under Schedule B1 to the Insolvency Act 1986 creates a statutory moratorium, which halts pending legal actions and winding-up proceedings against the company.
What administration means for creditors and customers
When a UK company enters administration, a statutory moratorium comes into force under the Insolvency Act 1986. This legal framework prevents unsecured creditors from commencing or continuing legal proceedings, enforcing security, or executing winding-up orders without leave of the court or permission from the administrators.
General guidance for affected counterparties includes:
1. Proof of Debt: Unsecured creditors must submit formal proof of debt forms to the appointed administrators detailing outstanding invoices or contractual balances.
2. Moratorium Restrictions: Landlords and suppliers cannot repossess property or goods without administrative consent.
3. Communication Channel: All communications regarding unpaid invoices, contract performance, or ongoing trade must be directed strictly to the insolvency practitioners managing the estate.
This section provides general factual information on UK insolvency procedures and does not constitute formal legal or financial advice.
Practical steps for credit control teams
When a counterparty transitions from an active debt petition to statutory administration, risk managers must act swiftly to limit exposure:
- Run a comprehensive winding up search: Verify whether court hearings have been stayed or superseded by administrative filings.
- Perform a regular winding up petition search: Ensure all related trade counterparty accounts across affiliated corporate structures are audited.
- Review Retention of Title (ROT) provisions: Identify whether delivered goods remain unbilled or unsold on company premises.
- Set up automated tracking: Utilize free company monitoring to receive immediate notification when administrator progress reports or creditor proposals are lodged at Companies House.
Operational Risk Scenario: Catching Early Warning Indicators
A commercial property landlord leasing space to a middle-market tenant may notice sporadic rental payments over consecutive quarters. Running a routine winding up search reveals an unadvertised HMRC petition filed in the High Court six weeks prior. By identifying the petition early, the landlord can freeze credit terms and prepare proof of debt documentation prior to the imposition of an administration moratorium.
Monitoring corporate insolvency risk with Corp Intel
Relying solely on periodic Companies House filings leaves trade creditors and legal advisers vulnerable to sudden insolvency actions. Public register updates often lag behind court filings, statutory demand notices, and Gazette advertisements by days or weeks.
Corp Intel consolidates court cause lists, Gazette notices, and Companies House records into a real-time risk platform. By automating insolvency checks, commercial teams spot court filings before petitions are heard or administrators are formally appointed.
For conveyancers, lawyers and lenders
Professional advisers handling commercial real estate transactions, asset security, or loan facilities must confirm counterparty solvency prior to completion. Missing a active petition or administrative order can void land transfers under section 127 of the Insolvency Act 1986 or render security unregisterable. Performing a timely winding up search before exchange or drawdown ensures full compliance with statutory due diligence standards.
FAQ
What is the difference between administration and liquidation?
Administration focuses on rescuing the company as a going concern, achieving a better result for creditors than winding up, or realizing property to make a distribution to secured or preferential creditors. Liquidation formally winds up the business and distributes its assets to creditors before dissolving the legal entity.
Does an administration stop an HMRC winding-up petition?
Yes. The entry into administration creates a statutory moratorium under Schedule B1 to the Insolvency Act 1986. This stays pending legal proceedings, including advertised winding-up petitions, unless the court grants specific permission to proceed.
How can creditors submit claims to administrators?
Creditors must complete a formal Proof of Debt form provided by the appointed insolvency practitioners, attaching relevant supporting documentation such as unpaid invoices, statements of account, or signed contracts.
Where can professionals verify ongoing UK insolvency notices?
Official notices are published in The Gazette and filed on the public register at Companies House. Corporate teams can also run instant checks using dedicated intelligence tools to review live cause lists.
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