High Court Cause List: The PBF Ltd (CR-2024-005072) Trial Scheduled
A trial involving The PBF Ltd (company number 12059093) has been listed for hearing at the Insolvency and Companies Court in London. For commercial lenders, landlords, and supply chain managers, monitoring the High Court cause list is a primary method for identifying litigation that threatens a counterparty's solvency.
The matter, registered under case number CR-2024-005072, is scheduled for 13 July 2026 at the Rolls Building. A trial listing indicates that a dispute has progressed beyond preliminary hearings and evidence exchange, and is now set for a substantive determination by a judge under the Insolvency Act 1986 or the Companies Act 2006.
Hearing details
| Detail | Information |
| :--- | :--- |
| Company Name | The PBF Ltd |
| Company Number | 12059093 |
| Case Number | CR-2024-005072 |
| Court | Insolvency and Companies Court (Chancery Division) |
| Venue | The Rolls Building, Court 6, London |
| Date & Time | 13 July 2026 at 14:00 |
| Hearing Type | Trial |
Company profile and expert analysis
According to the Companies House register, The PBF Ltd was incorporated on 19 June 2019. The entity operates under Standard Industrial Classification (SIC) code 56101, covering licensed restaurants. The registered office is 24-26 Baltic Street East, London, EC1Y 0UP.
The public record shows the company is managed by Mr Paul Benjamin Franklin, who serves as the active director and holds 75% or more of the shares and voting rights. This concentration of control is typical for owner-managed hospitality businesses, meaning operational and financial decisions are highly centralised.
Financially, the company files as a small entity. Its latest accounts, made up to 30 June 2023, were submitted as unaudited abridged accounts. Under s.444 of the Companies Act 2006, this permits the omission of a profit and loss account, restricting the visibility creditors have into current cash flow or trading profitability.
Assessing creditor risk: A worked scenario
The presence of a trial on the cause list does not automatically denote insolvency, but it flags a material legal risk. Consider a composite scenario: a wholesale food supplier holds a £45,000 unsecured credit line with a licensed restaurant operator. The supplier's credit controller notices a trial listed in the Insolvency and Companies Court.
Because no recent notices appear in The Gazette, the supplier cannot immediately confirm if the trial relates to a contested winding-up petition, a shareholder dispute under s.994 of the Companies Act 2006, or a dispute over a statutory demand. However, the legal costs and potential judgment debt associated with a High Court trial could easily drain the restaurant's cash reserves. The supplier must immediately restrict the credit facility to pro-forma terms and review the company's secured debt position to understand where they rank if the court orders liquidation.
Creditor action checklist
Professionals managing exposure to an entity with pending High Court litigation should execute the following framework:
1. Verify Debt Seniority: Run a company charge check to identify if the company's assets are encumbered by fixed or floating charges (form MR01). Unsecured creditors rank behind charge holders in an insolvency event.
2. Confirm Petition Status: Execute a winding up petition search to check for active petitions from HMRC or other commercial creditors.
3. Review Credit Terms: Consider moving to payment in advance or reducing credit limits until the outcome of the July 2026 hearing is published.
4. Implement Continuous Tracking: Set up free company monitoring to receive immediate alerts if a winding-up order is made, an administrator is appointed, or new accounts are filed.
Modernising court and company monitoring
Traditionally, legal and finance professionals monitor corporate distress manually. This involves checking the daily High Court cause list, cross-referencing case numbers against the HMCTS CE-File system, searching The Gazette for advertised petitions, and routinely pulling Companies House records. This fragmented approach is labour-intensive and carries a high risk of missing critical updates between manual checks.
Corp Intel consolidates this workflow. By aggregating court cause lists, Gazette notices, and Companies House filings into a single platform, professionals can assess a company's litigation risk instantly. Automated alerts replace manual diary entries, ensuring that if a trial results in a winding-up order or a new charge is registered, the relevant stakeholders are notified immediately, allowing for rapid defensive action.
Disclaimer
This report summarises entries on the published court cause list. Presentation of a petition or listing of a trial 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.