BAOOS Limited Enters Administration
BAOOS LIMITED, trading as Central Pharmacy in New Quay, has entered administration pursuant to Schedule B1 of the Insolvency Act 1986. The appointment of administrators was formally recorded in The Gazette on 16 October 2026 under notice number 5232711, following proceedings in the High Court of Justice, Business and Property Courts in Manchester.
When a trading business enters administration, commercial counterparties and trade suppliers face immediate operational and financial questions. Identifying court filings early through a timely winding up search ensures trade creditors and lenders can protect their legal position before statutory rights are altered.
Gazette notice details
The statutory appointment details published in The Gazette record the following particulars:
- Notice date: 16 October 2026
- Notice code: 2410 (Appointment of administrators)
- Court: High Court of Justice, The Business and Property Courts in Manchester
- Court case number: CR-2026-MAN-001486
- Appointing party: [Shown in the creditor report →](#offers-creditor)
- Administrators: [Shown in the creditor report →](#offers-creditor)
Company snapshot
Public filings at Companies House show the company profile for BAOOS LIMITED:
- Company number: 08120039
- Incorporation date: 26 June 2012
- Status on the public register: Active (statutory administration filings typically take several days to reflect on the main index)
- Nature of business (SIC code 74909): Other professional, scientific and technical activities not elsewhere classified
- Registered office: Central Pharmacy, Church Street, New Quay, Ceredigion, United Kingdom, SA45 9NX
- Financial statements: Not disclosed in the published Gazette notice
Directors and ownership
According to the public register at Companies House, corporate officers and beneficial owners are recorded as follows:
- Babatunde OLAWOYE: Director, appointed on 26 June 2012. Born March 1972, British nationality, resident in England.
- Mrs Ajoke OLAWOYE: Company Secretary, appointed on 26 June 2012.
- Babatunde OLAWOYE: Recorded on the register of Persons with Significant Control (PSC) since 6 April 2016, holding 75% to 100% of the company's shares.
These register entries reflect public records and do not imply personal liability or wrongdoing in connection with the administration process.
What administration means for creditors and customers
Entering administration creates an immediate statutory moratorium under paragraph 43 of Schedule B1 to the Insolvency Act 1986. The moratorium prevents unsecured creditors from commencing or continuing legal claims, enforcing security, or issuing winding-up petitions without the permission of the court or the consent of the administrators.
Key implications for stakeholders include:
- Contractual performance: Existing commercial contracts remain in place unless terminated under specific insolvency clauses. Administrators review commercial agreements to decide whether trading should continue.
- Unsecured debts: Balances incurred prior to the appointment date cannot be paid out of ordinary course cash flows. Creditors must submit formal proofs of debt.
- Retention of title: Suppliers holding valid retention of title (RoT) clauses over inventory must notify the administrators promptly to establish asset claims.
This summary is for general information only and does not constitute formal legal advice.
Procedural comparison: Administration vs winding up
Understanding how administration compares to other formal insolvency procedures helps creditors manage their exposure:
| Procedure | Primary Objective | Moratorium Effect | Typical Impact on Creditors |
| :--- | :--- | :--- | :--- |
| Administration (Schedule B1) | Rescue company as a going concern or achieve better realisation than liquidation | Immediate, statutory moratorium across all legal actions | Claims frozen; potential dividend via administrator distribution |
| Compulsory Liquidation | Wind up the company and realise assets for distribution | Section 130(2) stay on proceedings upon order | Controlled by the Official Receiver or liquidator via winding up order search |
| Creditors' Voluntary Liquidation | Orderly closure when rescue is not viable | No automatic stay, but court can restrain actions | Assets liquidated; unsecured recoveries depend on net asset surplus |
Creditor action plan: Responding to an administration
Creditors and suppliers with outstanding balances should follow a structured approach:
1. Reconcile account balances: Calculate the exact balance outstanding at the date of administrator appointment, separating pre-administration debt from post-appointment supply.
2. Review commercial contracts: Check retention of title clauses, personal guarantees, and contractual termination rights.
3. Complete formal proof of debt: Obtain the administrators' contact details from The Gazette or court records and lodge proof of debt documentation with supporting invoices.
4. Secure company monitoring: Subscribe to free company monitoring to receive immediate notifications when administrators file proposals, progress reports, or registrar updates.
Realistic scenario: Supply chain risk management
Consider an independent supplier that provides packaging and technical consumables to regional healthcare retail outlets on 30-day terms. When an invoice surpasses 60 days overdue, manual credit reviews may indicate the customer is still marked as active at Companies House.
If the supplier does not carry out a periodic winding up petition search or court registry check, deliveries may continue while an administration application is pending. Running an independent winding up search before releasing further goods alerts credit controllers to Manchester court filings immediately. This enables the supplier to stop trade credit, invoke retention of title terms, and reduce unrecoverable exposure.
For credit teams and suppliers
Credit controllers and commercial lenders dealing with retail pharmacy and professional services companies must verify insolvency status before extending or rolling credit terms. Overlooking court notices or delayed Gazette entries risks unrecoverable supply debt and breached retention of title terms. Performing a regular winding up search and verifying court filings protects balance sheets against unexpected bad debt.
Streamlining company intelligence
Credit analysts and recovery teams traditionally rely on fragmented manual checks. Tracking court registries, cross-referencing Companies House filings, and checking daily Gazette announcements manually is slow and creates timing gaps.
Corp Intel consolidates court cause lists, Gazette notices, and Companies House corporate data into a single search environment. By alerting teams as soon as an appointment notice or petition is filed, Corp Intel gives professionals the defensible intelligence needed to make timely commercial decisions.
Recent filings and Gazette activity
Prior to the administration appointment published under notice 5232711 on 16 October 2026, BAOOS LIMITED traded under the business name Central Pharmacy in New Quay, Ceredigion. Creditors should monitor upcoming statutory filings for the joint administrators' statement of proposals, which must be issued to creditors within eight weeks of appointment under Insolvency Rules.
FAQ
What is the court case number for BAOOS Limited?
The administration proceedings are listed under case number CR-2026-MAN-001486 in the High Court of Justice, The Business and Property Courts in Manchester.
What should suppliers do if they hold retention of title on stock?
Suppliers with valid retention of title terms should write directly to the appointed administrators, providing copies of terms of business, signed delivery notes, and itemised stock lists before goods are sold.
Why perform a winding up petition search on an active company?
Companies House data often experiences a lag between an insolvency appointment in court and updates to the central register. Conducting a winding up petition search ensures that pending court petitions or interim administration applications are identified before credit decisions are made.
Can creditors issue court proceedings against BAOOS Limited now?
No. The administration moratorium under paragraph 43 of Schedule B1 to the Insolvency Act 1986 halts all ongoing legal claims and prevents new legal proceedings without express permission from the court or the administrators.
How can stakeholders track future filings for this company?
Creditors and professional advisers can track real-time statutory updates by activating monitoring alerts through dedicated corporate intelligence platforms.