CyanConnode Holdings Plc Listed for High Court Scheme of Arrangement Hearing
A scheme of arrangement hearing involving AIM-quoted holding company CyanConnode Holdings Plc has been listed in the High Court of Justice, Insolvency and Companies Court under case number CR-2026-003510. The application is listed to be heard remotely via Microsoft Teams at 10:30am on 7 August 2026.
Schemes of arrangement are statutory procedures under Part 26 or Part 26A of the Companies Act 2006. They allow a company to reach a compromise or arrangement with its members or creditors. Unlike compulsory liquidation applications, a scheme of arrangement is frequently utilised for solvent corporate reorganisations, debt restructuring, or group capital adjustments.
Hearing details
| Attribute | Listing Detail |
| :--- | :--- |
| Company Name | CyanConnode Holdings Plc |
| Company Number | 04554942 |
| Court | High Court Insolvency and Companies Court |
| Case Number | CR-2026-003510 |
| Hearing Type | Scheme of Arrangement |
| Date & Time | 7 August 2026 at 10:30am |
| Venue | Remotely via MS Teams |
Company snapshot
CyanConnode Holdings Plc was incorporated on 7 October 2002 and maintains its registered office at Suite 2, Ground Floor, The Jeffreys Building, St Johns Innovation Park, Cowley Road, Cambridge, CB4 0DS.
According to its statutory accounts filed at Companies House for the period ending 31 March 2025, the holding company reported the following financial figures:
- Turnover: £14,200,000
- Net Assets: £15,089,000
- Auditor Opinion: Unqualified
- Accounting Status: Active with going concern disclosures
The principal activity of the group is the development and supply of hardware and software for wireless machine-to-machine (M2M) communication across narrowband radio frequency (RF) smart mesh and cellular networks. CyanConnode Holdings Plc acts as the ultimate holding entity for the operating group.
Directors and ownership
Public filings list CyanConnode Holdings Plc as an active public limited company listed on the AIM market of the London Stock Exchange. Ownership is distributed across institutional investors, directors, and public shareholders. The board of directors oversees governance from the company's Cambridge headquarters, managing operations that serve utility and smart metering markets in the UK and internationally.
Recent filings and Gazette activity
A review of public record entries in The Gazette shows no compulsory winding-up notices or petitions filed against CyanConnode Holdings Plc. Court listings under Part 26 applications represent formal court oversight rather than a creditor-driven winding-up petition. Corporate credit control teams should distinguish between adversarial winding-up proceedings and structural court applications.
What this means for suppliers, creditors and counterparties
When a commercial counterparty enters court proceedings under Part 26 of the Companies Act 2006, counterparties should evaluate how the proposed compromise impacts their contract terms, trade credit, or shareholding.
Counterparty exposure assessment framework
1. Identify the affected class: Confirm whether the scheme applies to equity holders, financial lenders, or general trade creditors.
2. Examine explanatory statements: Review formal documentation issued to scheme creditors or shareholders detailing the voting classes and terms.
3. Check for concurrent proceedings: Conduct a full winding up petition search to ensure no independent insolvency petitions have been presented against operating subsidiaries.
4. Review security instruments: Inspect fixed and floating charges registered on the company file to understand existing security priorities.
5. Establish continuous tracking: Enable free company monitoring to receive automatic email updates whenever new filings or orders are registered.
Practical scenario
Consider an international component supplier holding £250,000 in open trade receivables with a technology group whose parent company applies for a High Court scheme. If the scheme relates solely to share capital restructuring or senior secured debt, operational trade receivables often remain unaffected. Conversely, if trade creditors form a designated voting class within the restructuring plan, the supplier must submit proof of debt and exercise voting rights in accordance with the court-approved timetable.
How professional intelligence workflows streamline court monitoring
Monitoring High Court lists manually requires navigating daily tribunal PDFs, cross-referencing Companies House records, checking Gazetted notices, and searching individual court dockets. For risk analysts managing hundreds of counterparty relationships, manual workflows introduce delay and human error.
Corp Intel consolidates court cause lists, corporate filings, and statutory notices into unified intelligence profiles. Analysts can track filings from the High Court's official roll, verify insolvency markers on today's winding-up petitions list, and set up daily alerts without manual database lookups.
How to investigate further
To conduct further due diligence on CyanConnode Holdings Plc:
- Review the complete corporate background on the CyanConnode Holdings Plc profile.
- Inspect historical insolvency data using the winding up search engine.
- Monitor the High Court listing updates on the official roll.
- Access statutory corporate filings directly through Companies House.
FAQ
What is a scheme of arrangement under Part 26 of the Companies Act 2006?
A scheme of arrangement is a statutory court-approved agreement between a company and its shareholders or creditors. It allows a company to restructure its debt, reorganise its share capital, or complete a merger with the approval of a specific majority in voting classes and final High Court sanction.
Does a High Court scheme hearing mean CyanConnode Holdings Plc is insolvent?
No. A scheme listing does not equal an insolvency order or compulsory liquidation petition. While solvent and restructuring companies use schemes of arrangement to alter corporate structures or debt terms, the procedure itself is a formal court approval process.
How do suppliers verify if their credit terms are affected?
Suppliers should check whether they have received formal class notices from the company or scheme administrators. Reviewing public announcements, shareholder circulars, or court documents will clarify which classes of creditors or members are included in the scheme.
How can risk managers stay informed about High Court insolvency listings?
Risk professionals can monitor daily court dockets using Corp Intel's dedicated tracking tools, such as today's cause list or by setting up real-time monitoring alerts.
Disclaimer
This report summarises entries on the published court cause list. Presentation of a petition 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.