IX Cameras Ltd Enters Administration
Optical equipment manufacturer IX Cameras Ltd entered administration following proceedings in the High Court of Justice, according to a statutory notice published in The Gazette on 21 October 2026.
The company, which specialises in the design and manufacture of high-speed video cameras used in scientific and industrial testing, faces formal insolvency proceedings under court reference CR-2026-007937.
Gazette notice details
The statutory appointment notice provides the following court and filing particulars:
- Company name: IX CAMERAS LTD
- Company number: 09061270
- Court: High Court of Justice
- Court reference: CR-2026-007937
- Notice type: Appointment of administrators (Notice code 2410)
- Publication date: 21 October 2026
- Nature of business: Manufacture & Repair of Optical Equipment
- Appointing party: [Shown in the creditor report →](#offers-creditor)
- Administrators and insolvency firm: [Shown in the creditor report →](#offers-creditor)
The full statutory record is accessible via The Gazette notice 5234291.
| Attribute | Gazette Record Detail |
| :--- | :--- |
| Court Reference | CR-2026-007937 |
| Court | High Court of Justice |
| Filing Date | 21 October 2026 |
| Statutory Authority | Schedule B1 to the Insolvency Act 1986 |
| Primary Activity | Manufacture & Repair of Optical Equipment |
Company snapshot
Public filings on the Companies House register record the following corporate profile:
- Registered office: 3 Rumsey House, Locks Hill, Rochford, Essex, SS4 1BB
- Incorporation date: 29 May 2014
- Company status: Active (prior to registration of administration documents at Companies House)
- Financial statements: Micro-entity or small company accounts historically filed, reflecting specialized equipment assembly and sales.
Directors and ownership
Companies House records document the current and historical management structure of IX Cameras Ltd:
- Mr Peter Theodore Carellas: Appointed director on 29 May 2014. Public records list his nationality as American, country of residence as the United States, and date of birth as April 1961. Register filings describe his operational title as Chief Executive Officer.
- Taylor Wessing Secretaries Limited: Appointed corporate secretary on 29 May 2014; resigned on 1 June 2015.
- Mr Richard Michael Bursby: Appointed director on 29 May 2014; resigned on 29 May 2014. Nationality British, born December 1967.
- Huntsmoor Limited: Appointed corporate director on 29 May 2014; resigned on 29 May 2014.
- Huntsmoor Nominees Limited: Appointed corporate director on 29 May 2014; resigned on 29 May 2014.
Regarding beneficial ownership, the register of Persons with Significant Control (PSC) records Peter Theodore Carellas as holding 75% to 100% of the company's shares. This ownership interest was notified on 1 September 2016 and remains active.
What administration means for creditors and customers
This section contains general factual information on UK corporate insolvency procedure and does not constitute formal legal or financial advice.
When a company enters administration under Schedule B1 to the Insolvency Act 1986, an immediate statutory moratorium takes effect. This prevents creditors from initiating or continuing legal claims, issuing winding-up petitions, or enforcing security against company property without court permission or administrator consent.
The administrators assume control of the company's affairs, business, and assets. Their primary statutory duties require them to pursue one of three objective tiers:
1. Rescuing the company as a going concern.
2. Achieving a better result for creditors as a whole than would be likely if the company were wound up without administration.
3. Realising property to distribute proceeds to one or more secured or preferential creditors.
Unsecured creditors, such as component suppliers, software vendors, and trade contractors, must submit a formal proof of debt to the administrators once joint administrators publish their initial contact channels.
Creditor verification workflow
For commercial counterparties affected by an administration notice, credit teams should apply a structured response:
1. Cease unhedged trade: Immediately halt any ongoing equipment shipments or unpaid service dispatches.
2. Review terms of trade: Identify whether supply agreements contain valid Retention of Title (RoT) clauses to recover physical stock on site.
3. Run insolvency checks: Conduct a winding up search across group entities to verify whether associated distribution entities or parent vehicles face parallel petitions.
4. Collate ledger records: Assemble purchase orders, delivery notes, and outstanding invoices to support a proof of debt submission.
5. Monitor statutory milestones: Track the 8-week deadline by which administrators must publish their statement of proposals.
Industry scenario: Managing specialized manufacturing insolvencies
Consider an industrial supplier providing precision lenses on 60-day open credit terms. When a manufacturing debtor enters administration without warning, the supplier frequently discovers that interim court applications took place weeks earlier.
If the supplier had performed a regular winding up petition search or maintained active monitoring, credit limits would have tightened upon the court summons. Instead, the creditor faces an immediate freeze on outstanding invoices, forcing reliance on RoT recovery, where administrators scrutinise serial numbers and storage arrangements before releasing goods.
Recent filings and Gazette activity
Prior to the administration filing on 21 October 2026, IX Cameras Ltd maintained standard statutory filings covering annual confirmation statements and accounts. The administration notice under court file CR-2026-007937 marks the initial formal public insolvency publication for the entity.
In standard practice, the appointed administrators will lodge form AM01 (Notice of appointment of an administrator by court) with Companies House, followed by their proposals setting out asset valuations, restructuring attempts, and projected creditor returns.
For credit teams and suppliers
Supplier exposure in technical manufacturing sectors requires vigilance before extending high-value credit. Credit teams and finance directors must verify whether customers or key counterparties carry unadvertised winding-up petitions or debenture enforcements before releasing capital equipment. Relying solely on historical annual accounts creates blind spots during rapid liquidity deterioration. You can perform an immediate winding up search or set up free company monitoring to capture court cause-list entries and Gazette notices as soon as they are logged.
Corporate intelligence tracking with Corp Intel
Credit underwriters and legal advisers traditionally verify insolvency exposure through disjointed steps: checking Companies House WebCHeck, running manual Gazette notice inquiries, searching the Rolls Building cause list, and contacting the Central Registry of Winding-up Petitions.
Corp Intel unifies these workflows. By cross-referencing court lists, Companies House filings, and official notices in real time, professional advisers spot distress filings before goods leave the depot, maintaining an audit-ready trail for risk committees.
FAQ
What caused IX Cameras Ltd to enter administration?
The published Gazette notice records the court reference CR-2026-007937 and the appointment type, but does not disclose commercial background or the financial causes leading to the application.
Who is managing the company during administration?
The court-appointed insolvency practitioners act as agents of the company. While the initial Gazette listing does not display the individual practitioners' names, their details will appear on Companies House form AM01.
How can suppliers claim unpaid invoices?
Suppliers must lodge a formal proof of debt detailing outstanding sums once the administrators circulate their initial creditor correspondence. Payments depend on the realization of assets and creditor ranking under the statutory distribution order.
How does a winding up petition search differ from checking Companies House?
Companies House only records an administration once statutory forms are processed, which can take several days. A winding up petition search inspects court registry databases directly, revealing distress filings and hearing listings days or weeks before they register on company accounts.