London European Securities Enters Administration
London European Securities Limited entered administration on 15 October 2026 following proceedings in the High Court of Justice, Business and Property Courts (case reference No 007842 of 2026). The appointment notice was published on 15 October 2026 in The Gazette under statutory code 2410. Registered at Companies House under company number 10493331, the company is categorised under financial investment services and commercial property operations.
Corporate intelligence records for [London European Securities Limited](/company/10493331) confirm the company was incorporated in November 2016. Creditors, co-investors, and counterparties must now direct all inquiries through the formal statutory administration process.
Gazette notice details
The statutory appointment was published in the official public record. Key formal details from the notice include:
- Notice Date: 15 October 2026
- Court: High Court of Justice, Business and Property Courts
- Court Reference: No 007842 of 2026
- Notice Code: 2410 (Appointment of administrators)
- Appointing Party: [Shown in the creditor report →](#offers-creditor)
- Appointed Administrators: [Shown in the creditor report →](#offers-creditor)
- Official Source: The Gazette notice 5231738
| Attribute | Statutory Detail |
| :--- | :--- |
| Company Name | LONDON EUROPEAN SECURITIES LIMITED |
| Company Number | 10493331 |
| Court Filing | High Court of Justice, Business and Property Courts |
| Case Number | No 007842 of 2026 |
| Statutory Nature of Business | Financial Investment Services (SIC 64929, 68100) |
| Primary Notice Type | Appointment of Administrators |
Company snapshot
According to records maintained on the Companies House register, London European Securities Limited holds the following corporate status:
- Company Number: 10493331
- Date of Incorporation: 23 November 2016
- Company Status: Active (administration notice registered October 2026)
- SIC Codes: 64929 (Other credit granting not elsewhere classified) and 68100 (Buying and selling of own real estate)
- Registered Office: 167-169 Great Portland Street, 5th Floor, London, England, W1W 5PF
- Latest Financials: Specific balance sheet figures are not recited in the Gazette notice data; reference should be made to formal accounts filed under the Companies Act 2006.
Directors and ownership
Public register filings outline the board appointments and beneficial ownership history for the entity. The register contains the following factual entries without characterisation:
- Mr Martin Edward Young: Appointed as director on 23 November 2016. Register records list British nationality, United Kingdom residency, and a date of birth of July 1962. No resignation is recorded.
- Mr Bernardo Cescon: Appointed as director on 15 May 2017. Resigned on 9 November 2018. Register records list German nationality, German residency, and a date of birth of February 1965.
- Mr Jorgen Bonnelykke Rasmussen: Appointed as director on 1 June 2017. Resigned on 9 November 2018. Register records list Danish nationality, English residency, and a date of birth of September 1966.
On the Person with Significant Control (PSC) register, Mr Martin Edward Young was notified on 23 November 2016 as holding significant influence or control over the company.
What administration means for creditors and customers
When an English company enters administration under Schedule B1 of the Insolvency Act 1986, an immediate statutory moratorium takes effect. This moratorium prevents any creditor from commencing or continuing legal proceedings, executing judgments, or enforcing security over company assets without the permission of the court or the consent of the administrators.
This information is general background regarding insolvency law and does not constitute formal legal or financial advice:
1. Management Power Shifts: The statutory administrators assume custody and control of all company assets. Executive powers of the directors are suspended regarding asset disposals or new obligations.
2. Proof of Debt Submission: Unsecured creditors must submit formal proofs of debt once the administrators release their initial circular and contact details.
3. Contracts and Supply: Counterparties with ongoing contracts, leases, or credit lines must review retention of title clauses, default provisions, and court orders.
4. Security Verification: Secured lenders should conduct an immediate company charge check against the Companies House register to confirm perfection of debentures or fixed charges.
Practical creditor response framework
Commercial counterparties facing an exposure to an entity entering administration should follow a disciplined process:
- Collate Documentation: Assemble all executed contracts, transaction confirmations, invoices, and payment trails.
- Freeze Credit Lines: Halt further drawdowns, asset deliveries, or services immediately.
- Monitor Gazette Updates: Watch for subsequent notices specifying the joint administrators' identity, creditor meeting details, or proposals.
- Submit Formal Proofs: Ensure claims are registered within the statutory deadlines stipulated in the administrator's initial report.
Consider an institutional loan scenario: a non-bank lender holds an unsecured participation alongside an investment vehicle. Upon notification of the High Court administration filing, the lender cannot issue a statutory demand or sue for debt recovery. The institution must log a claim with the administrators, review intercreditor agreements, and evaluate whether floating charge assets provide realisable recoveries.
How to run a winding up petition search
Corporate distress frequently surfaces in court cause lists weeks before formal appointments appear in public registries. Prior to formal administration or compulsory liquidation, creditors often issue winding up petitions under Section 124 of the Insolvency Act 1986.
A winding up search verifies whether a company faces pending insolvency petitions in the High Court or County Courts. Traditionally, legal professionals obtained this data through manual phone calls to the Central Registry of Winding-up Petitions or by reviewing daily court cause lists manually. This manual process takes hours and creates information gaps.
Carrying out a regular winding up petition search gives credit analysts, corporate restructuring teams, and legal advisers early warning before an administration order freezes company assets. Integrating automated alerts via free company monitoring ensures your risk team detects court petitions and Gazette filings instantly.
Recent filings and Gazette activity
The primary recent statutory publication for London European Securities Limited is the appointment of administrators under notice code 2410 on 15 October 2026. Further filings, including Form AM01 (Notice of administrator's appointment) and the administrators' initial statement of proposals under Rule 3.35 of the Insolvency (England and Wales) Rules 2016, will appear on Companies House within statutory timeframes.
For credit teams and suppliers
Credit underwriters, real estate counterparties, and institutional lenders must run insolvency checks prior to extending credit, executing lease assignments, or completing capital transactions. Overlooking an active court petition or administration filing exposes organisations to void dispositions under Section 127 of the Insolvency Act 1986 and unrecoverable bad debt. Executing a verified winding up search prior to completion remains standard practice across UK commercial finance.
FAQ
What court handled the London European Securities Limited administration?
The administration was filed in the High Court of Justice, Business and Property Courts under case reference No 007842 of 2026.
What is the statutory moratorium in administration?
Under Schedule B1 of the Insolvency Act 1986, the moratorium prevents creditors from taking legal action, repossessing goods, or enforcing security against the company without administrator consent or court permission.
How can unsecured creditors submit a claim?
Unsecured creditors must wait for the appointed administrators to issue notice to creditors, which includes instructions and forms for filing a proof of debt.
Where can I verify charges registered against the company?
Creditors can inspect registered debentures, mortgages, and fixed or floating charges directly by ordering an online charge register extract or reviewing the company mortgage index.
Why should firms perform a winding up search before commercial transactions?
A winding up search confirms whether a prospective counterparty faces active winding up petitions, protecting businesses from dealing with insolvent entities subject to asset freezes.