European Green Transition PLC Listed in Companies Court
European Green Transition PLC (company number 15442832) has been listed for a court hearing in the Insolvency and Companies Court on 14 September 2026 at 10:30am. According to the published High Court cause list, the matter is registered under case number CR-2026-006499 and is categorised as a reduction of capital application. The hearing is scheduled to be conducted remotely via Microsoft Teams.
Unlike winding-up petitions, a capital reduction application is a statutory solvent procedure under Part 17 of the Companies Act 2006. Companies typically apply to the court to confirm a capital reduction in order to cancel share capital, create distributable reserves, or return excess capital to shareholders.
Hearing details
The following details are recorded on the published cause list:
| Attribute | Cause List Entry |
| --- | --- |
| Company Name | European Green Transition PLC |
| Company Number | 15442832 |
| Case Number | CR-2026-006499 |
| Court | Insolvency and Companies Court |
| Hearing Date | 14 September 2026 |
| Hearing Time | 10:30am |
| Venue | Remotely via MS Teams |
| Case Type | Reduction of Capital |
Company snapshot
Companies House records confirm that European Green Transition PLC was incorporated on 25 January 2024 as a public limited company. The entity's registered office is situated at First Floor Woolgate, 25 Basinghall Street, London, United Kingdom, EC2V 5HA.
The company is registered under Standard Industrial Classification (SIC) code 64209, designated for activities of agricultural holding companies. Detailed accounts or recent financial summary figures are not stated in the supplied cause-list data. Further filings can be tracked via the European Green Transition PLC Corp Intel profile.
Directors and ownership
According to the official register at Companies House, the board of directors and corporate officers comprise:
- Sven Anders Daniel Akselson (Swedish, born May 1962), Director, appointed 27 March 2024.
- Cathal Martin Friel (Irish, born November 1964), Director, appointed 25 January 2024.
- Michael Paul Kearney (Irish, born January 1956), Director, appointed 22 October 2025.
- Jack Daniel Kelly (Irish, born August 1991), Director, appointed 14 March 2024.
- James Gerald Leahy (British, born November 1960), Director, appointed 27 March 2024.
- Beach Secretaries Limited, Corporate Secretary, appointed 25 March 2024.
Former officers recorded on the register include Aiden Lavelle (Director, appointed 14 March 2024, resigned 30 June 2025).
Regarding beneficial ownership, the PSC register shows that individual PSC notifications for Mr Cathal Friel and Pamela Iyer (each previously notified with 25% to 50% ownership of shares and voting rights) ceased on 8 April 2024, alongside subsequent register statements. Public register facts are stated as filed; appointment listings carry no implication of personal insolvency or legal fault.
Legal context: Capital reduction proceedings
When a public limited company seeks to reduce its share capital, section 641 of the Companies Act 2006 requires a special resolution of shareholders followed by court confirmation under section 645. The Insolvency and Companies Court hears these applications to ensure that creditor interests are safeguarded before share capital is cancelled or redistributed.
Courts will typically look at whether the reduction compromises company solvency or creditor protection. If the court is satisfied that creditors are either consenting or sufficiently protected by security or undertaking, it issues an order confirming the reduction, which is then registered at Companies House to take legal effect.
What this means for suppliers, creditors and counterparties
A reduction of capital listing is an administrative court procedure and does not indicate insolvency proceedings or compulsory liquidation. However, corporate intelligence and credit control teams should maintain standard monitoring across counterparties.
Practical counterparty review checklist
1. Verify the court listing: Confirm the case type on the daily cause list to distinguish corporate restructuring from debt-enforcement petitions.
2. Review Companies House filings: Monitor for post-hearing submissions, including the court order and statement of capital.
3. Assess creditor protection: Determine whether the company is offering debt security or undertakings as part of the capital reduction process.
4. Check statutory publications: Search The Gazette for formal notices to creditors regarding capital reduction petitions.
5. Perform routine background checks: Execute a periodic winding up search across trade counterparties to verify that no separate debt petitions exist.
How to run a winding up petition search or court check
To conduct comprehensive due diligence on corporate counterparties, professionals should combine daily court list data with statutory register monitoring:
- Companies House Register: Review active charges, officer histories, and filed balance sheets.
- The Gazette: Search official notices for statutory insolvency or restructuring advertisements published by the Insolvency Service.
- Daily Cause Lists: Check the High Court winding-up petitions list today for current insolvency listings.
- Corporate Intelligence Search: Use a dedicated winding up petition search to identify filed court petitions across UK business entities.
For credit teams and corporate advisers
Credit risk analysts, solicitors, and M&A advisers frequently require real-time visibility over High Court cause lists to differentiate routine corporate applications from debt petitions. Missing a critical listing or misinterpreting a court code can lead to erroneous credit decisions. Utilizing free company monitoring ensures automatic notifications whenever a tracked entity appears in published court records or updates its statutory register.
FAQ
What is a reduction of capital hearing?
It is a formal High Court proceeding under the Companies Act 2006 where a company asks the court to confirm a reduction in its issued share capital, nominal value, or share premium account.
Does a listing in the Insolvency and Companies Court mean the company is insolvent?
No. The Insolvency and Companies Court handles non-insolvency corporate schemes, capital reductions, and shareholder applications alongside insolvency proceedings. A listing for capital reduction is a solvent restructuring procedure.
Why do companies reduce their share capital?
Common reasons include cancelling lost capital, returning surplus funds to shareholders, creating distributable reserves for future dividends, or simplifying corporate balance sheets.
How can creditors protect their rights during a capital reduction?
The High Court reviews whether creditors are adequately protected before approving the reduction. Creditors may object if they demonstrate that the reduction risks their ability to recover outstanding debt.
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.