Lucid International Group Enters Administration

Administrators have been appointed to The Lucid International Group Ltd under Schedule B1 to the Insolvency Act 1986, according to a statutory notice published in The Gazette on 30 October 2026. The matter was filed in the High Court of Justice Business and Property Courts in Manchester under court number CR-2026-001509.

Corporate counterparties and lenders exposed to insurance intermediaries must assess statutory moratorium protections and submit formal proofs of debt promptly.

Gazette notice details

| Detail | Record |

| --- | --- |

| Company Name | THE LUCID INTERNATIONAL GROUP LTD |

| Company Number | 14914443 |

| Gazette Notice Date | 30 October 2026 |

| Notice Code | 2410 (Appointment of administrators) |

| Court | High Court of Justice Business and Property Courts in Manchester, Insolvency & Companies List (ChD) |

| Court Case Number | CR-2026-001509 |

| Appointing Party | [Shown in the creditor report →](#offers-creditor) |

| Administrator(s) | [Shown in the creditor report →](#offers-creditor) |

| Administrator Firm & Contact | [Shown in the creditor report →](#offers-creditor) |

Company snapshot

Records at Companies House show that The Lucid International Group Ltd was incorporated on 5 June 2023.

Directors and ownership

The public register records the following directorship appointments for The Lucid International Group Ltd:

According to the register of Persons with Significant Control (PSC), Miss Yasmeen Ayesha Ali Khan was notified on 5 June 2023 as holding 75% to 100% of shares, 75% to 100% of voting rights, and the right to appoint and remove directors. The register does not record a cessation date for this PSC entry.

What administration means for creditors and customers

This section provides general factual information regarding UK corporate insolvency and does not constitute legal or financial advice.

Upon the appointment of administrators under Schedule B1 to the Insolvency Act 1986, an interim statutory moratorium takes effect. Creditors cannot initiate or continue legal proceedings, execute enforcement actions, or repossess leased equipment without the consent of the administrators or permission of the court.

Management powers are transferred from company directors to the appointed insolvency practitioners, who act as agents of the company. Trade suppliers, service providers, and contract counterparties should take the following steps:

1. Stop unsecured credit terms: Cease providing goods or services on credit without written confirmation that liabilities rank as an expense of the administration.

2. Review retention of title (ROT): Identify whether any supply contracts include valid ROT clauses, compile dispatch records, and submit a formal claim to the administrators.

3. Lodge proof of debt: Request formal claim documents from the administrators and submit verified invoices, contracts, and statement ledgers.

4. Conduct insolvency searches: Perform a formal winding up search across group entities or trading partners to confirm whether parallel petitions or winding-up orders exist.

Practical scenario: Managing counterparty exposure

Consider an underwriting agency or software vendor providing broking management systems to an insurance intermediary. Prior to the appointment, the supplier holds £45,000 in unpaid licence fees. Following publication of notice 2410 in The Gazette, statutory moratorium rules prevent the vendor from issuing court claims or serving a statutory demand.

Instead, the vendor must immediately file a proof of debt with the appointed insolvency practitioners, request confirmation regarding ongoing operational usage, and establish whether licence continuity will be indemnified as an administration expense. A parallel winding up petition search ensures that the company is not already subject to compulsory liquidation petitions from HMRC or other trade creditors.

Manual corporate checks versus automated intelligence

Legal and credit risk teams traditionally track corporate distress by manually cross-referencing Companies House WebFiling, checking Gazette statutory notices daily, and calling the Central Registry of Winding-up Petitions to confirm court listings. This fragmented workflow leaves critical blind spots between court filing dates and formal public notices.

Corp Intel consolidates court cause lists, Gazette publications, and Companies House changes into a single verified stream. Automated workflows notify insolvency practitioners and credit controllers the moment court numbers or notices appear, removing the friction of manual registry searches.

Recent filings and Gazette activity

The Gazette records notice code 2410 published on 30 October 2026, confirming the appointment of administrators in court case CR-2026-001509 in Manchester. Corporate teams monitoring the entity can sign up for free company monitoring to receive real-time alerts as statement of affairs filings and administrator progress reports appear.

For conveyancers, lawyers and lenders

Insolvency checks are mandatory ahead of completion, commercial loan drawdown, and M&A transactions. Missing an administration appointment or winding-up petition puts security enforceability at risk and may expose advisers to professional negligence claims. Conducting a formal winding up search before closing transactions provides defensible verification against the official court records.

FAQ

What court is handling The Lucid International Group Ltd administration?

The case is registered in the High Court of Justice Business and Property Courts in Manchester, Insolvency & Companies List (ChD), under court reference CR-2026-001509.

How can creditors submit claims in this administration?

Creditors must contact the appointed administrators directly to obtain and return a formal proof of debt form, supported by contractual agreements, statements of account, and unpaid invoices.

Can suppliers repossess goods from a company in administration?

Suppliers cannot enforce retention of title or repossess property without the express consent of the administrators or an order from the court, due to the statutory moratorium under Schedule B1 of the Insolvency Act 1986.

What is SIC code 66220?

SIC code 66220 covers activities of insurance agents and brokers, encompassing intermediaries selling, negotiating, or servicing general insurance and life policies.

Where can stakeholders view the administrator proposals?

Insolvency practitioners must file their statement of administrator proposals within eight weeks of appointment, which will be accessible via Companies House and supplied directly to known creditors.

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