Mortgage Support Services Limited Listed for Capital Reduction Hearing
On 28 August 2026 at 10:30am, Mortgage Support Services Ltd (company number 06055271) is listed for a High Court hearing regarding a reduction of capital under case number CR-2026-005996. The hearing will take place remotely via Microsoft Teams before a High Court Judge in the Insolvency and Companies Court, a specialist court within the Chancery Division of the High Court of Justice.
Capital reduction petitions are presented under Section 645 of the Companies Act 2006. Unlike winding-up petitions, which seek the compulsory liquidation of a debtor company, a capital reduction procedure is a legal corporate reorganisation mechanism. Companies typically apply to court to confirm a reduction of share capital, cancel paid-up share capital, or create distributable reserves for corporate restructuring, shareholder returns, or balance sheet rationalisation.
Hearing details
The hearing is listed on the court cause list with the following parameters:
| Attribute | Details |
| :--- | :--- |
| Company Name | Mortgage Support Services Ltd |
| Company Number | 06055271 |
| Case Number | CR-2026-005996 |
| Court | High Court of Justice, Insolvency and Companies Court |
| Hearing Date & Time | 28 August 2026 at 10:30am |
| Venue | Remotely via MS Teams |
| Case Type | Reduction of Capital (s.645 Companies Act 2006) |
Company snapshot
Mortgage Support Services Ltd is an active private limited company incorporated on 17 January 2007. According to public filings on the Companies House register, the business operates under Standard Industrial Classification (SIC) code 70100, which covers the activities of head offices.
The registered office address of the company is Suites 7&9 Regency House, Miles Gray Road, Basildon, England, SS14 3FR. Detail on historical filings, operational status, and corporate history can be inspected on the Mortgage Support Services Ltd profile on Corp Intel.
Statutory framework for capital reduction
Under English company law, a limited company can reduce its share capital in two main ways: via the solvency statement route (available to private companies under Section 642 of the Companies Act 2006) or via court confirmation under Section 645. When a company opts for court approval, the court scrutinises the application to ensure that creditor interests are fully safeguarded.
Under Section 646 of the Companies Act 2006, creditors of the company may be entitled to object to the reduction if they can show that there is a real risk the company will be unable to satisfy their claims. The court typically requires proof that all existing creditors have consented, that their debts have been discharged, or that adequate security has been provided before granting an order confirming the reduction.
Recent filings and Gazette activity
A court-sanctioned reduction of capital requires statutory transparency. Notice of the hearing or confirmation order is routinely advertised in The Gazette to notify potential objectors or creditors.
Counterparties conducting credit risk reviews should also verify whether any secured obligations exist by running a detailed company charge check. Evaluating the charges register ensures that debentures, mortgages, or fixed and floating charges registered against the entity are accounted for during structural reorganisations.
Practical implications for suppliers and counterparties
A capital reduction petition is not an indicator of financial distress or insolvency. However, corporate intelligence professionals and credit managers perform structured reviews whenever a counterparty undergoes High Court reorganisation.
Step-by-step creditor check framework
1. Review Contractual Terms: Confirm outstanding trade balances, payment terms, and credit terms extended to the company.
2. Examine Statutory Resolutions: Inspect recent filings at Companies House to view the underlying special resolutions approving the capital reduction.
3. Assess Security Positions: Review security entries on the charges register to determine if bank lenders or institutional creditors hold fixed charges over corporate assets.
4. Monitor Court Postings: Check the daily official cause list to ensure no adverse legal petitions or concurrent claims exist.
5. Establish Real-Time Alerts: Set up automated alerts via free company monitoring to capture court orders, statutory returns, and director changes immediately upon registration.
Practical scenario: Assessing capital reorganisations
Consider a trade creditor supplying software management services to a corporate entity undertaking a capital reduction. The creditor observes a court hearing notice under case number CR-2026-005996. By verifying that the petition relates strictly to a reduction of capital under Section 645 rather than a winding-up petition under Section 124 of the Insolvency Act 1986, the creditor determines that the proceedings relate to internal capital restructuring rather than insolvency enforcement. The creditor confirms their balance is paid up to date and monitors the court outcome to verify that statutory creditor protection rules have been fulfilled.
How to investigate further
Corporate intelligence analysts track corporate reorganisations by checking court rosters, statutory Gazettes, and Companies House records. Traditionally, monitoring required manually cross-referencing daily cause lists from the High Court with regulatory registers.
Using specialized platforms simplifies this workflow. Professional risk managers can run a comprehensive winding up petition search or monitor daily court filings via today's winding up petitions list to ensure complete oversight across all corporate litigation and restructuring matters.
Frequently asked questions
What is a reduction of capital hearing?
A reduction of capital hearing is a High Court proceeding where a judge reviews a company's application to reduce its share capital, cancel share premiums, or return capital to shareholders under Section 645 of the Companies Act 2006.
Does a capital reduction mean the company is insolvent?
No. A capital reduction is a formal corporate finance transaction used to simplify share structures, eliminate historical losses on the balance sheet, or generate distributable reserves. It is entirely distinct from a compulsory liquidation or winding-up petition.
Can creditors object to a court-sanctioned capital reduction?
Yes. Under Section 646 of the Companies Act 2006, creditors whose claims are outstanding may object to the reduction if they can show their debt is at risk. The court typically requires the company to secure or satisfy all creditor debts before approving the reduction.
How long does it take for a capital reduction to take effect?
A court-sanctioned capital reduction takes effect once the court order confirming the reduction, along with a statement of capital approved by the court, is formally registered at Companies House.
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.