Olmsted Properties III Limited Enters Administration
Olmsted Properties III Limited entered administration on 5 November 2026, according to statutory notice 2410 published in The Gazette. The proceedings were registered in the High Court of Justice Business and Property Courts of England and Wales under court reference CR-2026-008406.
The appointment halts all formal legal actions and enforcement proceedings against the company under the statutory moratorium created by Schedule B1 to the Insolvency Act 1986.
Gazette notice details
The formal appointment notice was published on 5 November 2026 in The Gazette. The filing confirms the court jurisdiction and statutory details for the company:
| Notice Detail | Record Information |
| :--- | :--- |
| Company Name | OLMSTED PROPERTIES III LIMITED |
| Company Number | 09490488 |
| Court | High Court of Justice, Business and Property Courts (Insolvency & Companies List ChD) |
| Court Reference | CR-2026-008406 |
| Notice Code | 2410 (Appointment of administrators) |
| Notice Date | 5 November 2026 |
| Appointing Party | [Shown in the creditor report →](#offers-creditor) |
| Administrators | [Shown in the creditor report →](#offers-creditor) |
| Administrator Firm | [Shown in the creditor report →](#offers-creditor) |
Company snapshot
Olmsted Properties III Limited was incorporated on 14 March 2015. The register on Companies House shows the following basic corporate profile:
- Registered Office: 20-22 Bedford Row, London, England, WC1R 4JS
- Status: Active (prior to registration of insolvency filings at Companies House)
- Standard Industrial Classification (SIC): 64999 (Financial intermediation not elsewhere classified)
- Incorporation Date: 14 March 2015
No current balance sheet or profit and loss figures were provided in the public notice data. Detailed statutory returns can be examined via the registrar's official filing history.
Directors and ownership
Companies House register records show the history of company officers and persons with significant control (PSCs) for Olmsted Properties III Limited. All information reflects register entries filed under the Companies Act 2006:
Current and former officers
- Mr Brett Crawford Kersh: Appointed as director on 1 December 2017. Born in September 1985. American national resident in the United States.
- Mr Charles Christopher Kemper: Appointed as director on 2 September 2016; resigned on 30 November 2017. Born in July 1979. American national resident in the United States.
- Mr Bradley James Lincoln: Appointed as director on 14 March 2015; resigned on 2 September 2016. Born in July 1967. British national resident in England.
- Best Asset Management Ltd: Appointed as corporate director on 14 March 2015; resigned on 2 September 2016.
Persons with significant control
- Mr Brett Crawford Kersh: Recorded as an active individual PSC notified on 1 January 2018. Holds 75% to 100% of shares, 75% to 100% of voting rights, and the right to appoint and remove directors directly, as a trust, and as a firm.
- Mr Charles Christopher Kemper: Recorded as a ceased individual PSC. Notified on 1 September 2016; cessation registered on 1 January 2021. Formerly held 75% to 100% of shares and voting rights.
Public register facts describe corporate roles only and do not imply personal responsibility for the company entering administration.
What administration means for creditors and customers
Administration is an insolvency procedure governed by Schedule B1 to the Insolvency Act 1986. Its primary statutory purpose is to rescue the company as a going concern, achieve a better result for creditors as a whole than an immediate liquidation, or realise property to make a distribution to secured or preferential creditors.
Key implications include:
1. Statutory Moratorium: Creditors cannot initiate or continue legal proceedings, enforce security, repossess hire-purchase goods, or petition for winding up without permission of the court or the appointed administrators.
2. Displacement of Directors' Executive Powers: The administrators assume full operational and management control of company assets and undertakings.
3. Creditor Claims: Unsecured creditors must lodge formal proofs of debt with the administrators rather than demanding immediate settlement from the company.
4. Creditor Reports: Administrators must circulate their initial proposals to creditors within eight weeks of appointment, outlining their strategy and whether any dividend is anticipated.
This summary constitutes general statutory information and does not represent legal or financial advice. Creditors should seek independent professional counsel regarding their specific position.
Investigating pre-appointment distress and security
When a company enters administration through the High Court, parties dealing with the business often find that earlier signs of distress were visible on the public record. In many cases, floating charge holders appoint administrators out of court, or directors apply to court to pre-empt hostile enforcement by winding-up petition.
Prior to entering contracts or providing trade credit, sophisticated counterparties routinely conduct a company charge check to understand existing debentures and asset encumbrances. In addition, carrying out a timely winding up search reveals whether petitions have been presented by creditors or HMRC.
A prudent risk workflow combines court cause list checks, Companies House monitoring, and Gazette inspection. A standard winding up search would identify pending petitions in the Insolvency & Companies List, while a broader winding up petition search confirms whether insolvency litigation was already advancing against the entity.
Creditor checklist: Immediate steps to take
Creditors and commercial suppliers facing exposure to Olmsted Properties III Limited should execute the following verification steps:
1. Identify Existing Contracts: Review all active agreements, purchase orders, or unfulfilled services associated with company number 09490488.
2. Verify Security or Title Retention: Check whether goods were supplied under valid Retention of Title (RoT) clauses and notify the administrators immediately to prevent disposal.
3. Submit Proof of Debt: Obtain the formal contact details of the appointed administrators from the full Gazette filing and submit an itemised statement of account.
4. Cease Direct Billing: Stop sending automated invoices to company premises and direct all communication to the administrators' insolvency firm.
5. Monitor Future Statutory Notices: Watch for the administrators' statement of proposals and creditors' meeting notifications.
Scenario: Managing exposure in commercial administration
Consider an institutional service provider that delivered financial analysis to a corporate holding entity. When the holding entity enters administration under Court Number CR-2026-008406, standard collection procedures stop immediately due to paragraph 43 of Schedule B1.
If the service provider had monitored court filings or completed an automated search before issuing extended credit terms, the pending listing would have triggered an internal credit block. Once the administration notice appears in The Gazette, the provider's legal recourse shifts from direct debt recovery to filing a formal claim and reviewing the administrators' estimated outcome statement for unsecured creditors.
Tracking corporate distress with Corp Intel
Professionals traditionally monitor distressed entities by checking Companies House WebCHeck, reading Gazette notices, ordering Central Registry searches by phone, and manually reviewing court cause lists. This fragmented approach often leads to delays in discovering insolvency appointments.
Corp Intel consolidates court records, Gazette publications, and Companies House filings into a unified reporting pipeline. Credit managers and legal teams can access verified case numbers, notice codes, and filings without manual register reconciliations. Setting up free company monitoring ensures immediate email alerts whenever a company changes status, files security documents, or receives an insolvency notice.
For credit teams and legal advisers
Insolvency checks and company register verifications are mandatory risk controls before completing transactions, issuing facilities, or releasing funds. Failing to identify a High Court administration appointment or a pending petition exposes lenders and advisers to invalid payments under section 127 of the Insolvency Act 1986 or unrecoverable bad debt. Professional teams manage this risk by running an automated winding up search across public registries prior to critical credit milestones.
Recent filings and Gazette activity
The primary insolvency entry on record for Olmsted Properties III Limited is the administration appointment published on 5 November 2026 under notice code 2410 in The Gazette. Subsequent filings will include form AM01 (Notice of administrator's appointment) at Companies House and the administrators' initial proposals (form AM03).
FAQ
What is the court case number for the Olmsted Properties III Limited administration?
The administration is registered in the High Court of Justice Business and Property Courts of England and Wales under case number CR-2026-008406.
Can an unsecured creditor sue a company in administration?
No. Under Schedule B1 of the Insolvency Act 1986, an administration creates an automatic statutory moratorium that prevents any legal action or debt enforcement without court permission or the administrators' consent.
Where can creditors find the administrators' contact details?
The administrators and their appointed firm details are published in the statutory filing and can be viewed via the full notice record [Shown in the creditor report →](#offers-creditor).
What is the SIC code for Olmsted Properties III Limited?
The company is registered under SIC code 64999, which corresponds to "Financial intermediation not elsewhere classified".
How do creditors submit a claim?
Creditors should send a formal proof of debt detailing the outstanding amount, along with supporting invoices and contracts, directly to the administrators' handling office.