SRM (England) Ltd Enters Administration
SRM (England) Ltd, trading as Kings Pharmacy, entered administration on 30 October 2026, according to a statutory notice published in The Gazette. The appointment of administrators was made in the High Court of Justice of England and Wales under case number CR-2026-007711.
Corporate credit teams, wholesale pharmaceutical suppliers and landlords reviewing exposures to healthcare retailers must assess their legal position quickly upon an administration notice. A statutory moratorium immediately restricts legal proceedings and asset recovery against the company pursuant to Schedule B1 to the Insolvency Act 1986.
Gazette notice details
The statutory appointment details recorded in the public notice include:
- Company name: SRM (ENGLAND) LTD
- Company number: 14740749
- Trading name: Kings Pharmacy
- Nature of business: Dispensing chemist in specialised stores (SIC 47730)
- Notice date: 30 October 2026
- Notice code: 2410 (Appointment of administrators)
- Court: High Court of Justice of England and Wales
- Court case number: CR-2026-007711
- Appointing party: [Shown in the creditor report →](#offers-creditor)
- Administrators and office holder details: [Shown in the creditor report →](#offers-creditor)
Case timeline
The events recorded across official public registries are detailed below:
| Date | Step | Source |
| :--- | :--- | :--- |
| 2026-10-19 | Notice of appointment of administrator filed | Central Registry of Winding-up Petitions |
| 2026-10-30 | Administrator Appointed (Gazette notice 2410) | The Gazette |
The Central Registry record shows the formal notice of appointment of an administrator was filed on 19 October 2026. The matter proceeded to formal gazetting of the administrator appointment under notice code 2410 on 30 October 2026.
Company snapshot
Records from the Companies House register show that SRM (England) Ltd was incorporated on 20 March 2023. The company has its registered office at 120 Cavendish Place, Eastbourne, East Sussex, England, BN21 3TZ.
The company operates under Standard Industrial Classification (SIC) code 47730 for dispensing chemists in specialised stores. No latest filed accounts or balance sheet figures are present on the public register data supplied. Creditors can conduct a company charge check to verify whether any floating charges or qualifying debentures exist against the company's property.
Directors and ownership
Companies House shows the following active and resigned corporate officers recorded for SRM (England) Ltd:
- Mr Sanjeev Kaushal: Director, appointed 13 January 2026. Australian nationality, resident in Australia, born January 1953. (Previously served as director from 20 March 2023 until resigning on 8 October 2025).
- Mrs Sarita Kaushal: Director, appointed 31 March 2023. British nationality, resident in England, born May 1951.
- Dr Monika Prabhaker - Kaushal: Director, appointed 14 April 2023. British nationality, resident in England, born October 1983.
- Dr Rajeev Kaushal: Director, appointed 14 April 2023, resigned 8 October 2025. Australian nationality, resident in Wales, born December 1957.
- Ms Merina Sherpa: Director, appointed 11 June 2025, resigned 18 June 2026. British nationality, resident in the United Kingdom, born June 1997.
According to the register of Persons with Significant Control (PSC), two formal PSC statements were notified on 20 March 2023 and remain unceased. Public register facts indicate historical appointments and resignations only; no conduct or liability attaches to named officers by virtue of registration.
What administration means for creditors and customers
This information provides a general operational overview and does not constitute formal legal advice.
When a company enters administration under Schedule B1 to the Insolvency Act 1986, the following legal consequences apply:
1. Statutory moratorium: Creditors cannot commence or continue legal proceedings, execute enforcement, or repossess leased goods without court permission or administrator consent.
2. Transfer of control: Executive powers transfer from company directors to the appointed insolvency practitioners, who act as agents of the company.
3. Filing proofs of debt: Unsecured suppliers, utility providers and trade creditors must submit formal proof of debt forms to the administrators to record outstanding balances.
4. Retention of title claims: Suppliers holding valid retention of title (ROT) clauses must contact the administrators promptly to establish ownership of inventory before goods are sold.
Creditor response checklist
When notified of an administration, finance and legal teams should execute the following steps:
- Assemble all outstanding invoices, delivery notes, and purchase orders.
- Retrieve the signed terms of trade to verify any retention of title or security provisions.
- Complete a formal proof of debt form accompanied by statement ledgers.
- Cease further supply on unsecured credit terms immediately.
- Monitor court records or run a winding up petition search across group entities if exposure spans multiple corporate entities.
Recent filings and Gazette activity
On 30 October 2026, The Gazette published statutory notice 5241038 confirming that administrators were appointed in High Court proceedings CR-2026-007711 for SRM (England) Ltd. No prior winding-up petitions were advertised in the Gazette record leading up to the appointment notice.
How professionals manage insolvency risks
Credit underwriters and solicitors assessing commercial counterparties often face fragmented registries. Verifying an entity's standing traditionally requires cross-referencing Companies House records, checking daily court cause lists, searching The Gazette, and phoning the Central Registry of Winding-up Petitions.
Corp Intel consolidates court filings, statutory notices, and registry data into single-point searches. A comprehensive winding up search verifies whether pending petitions, administration filings, or court orders exist before credit limits are extended or contracts are signed.
To safeguard cash flow, credit controllers can set up free company monitoring on critical accounts. Automated alerts notify stakeholders the moment an administrator notice, winding-up petition, or officer resignation is logged.
For conveyancers, lawyers and lenders
A corporate insolvency event voids transactions and halts completions under property and asset purchase agreements. A final winding up search before exchange or drawdown ensures lenders and solicitors do not advance funds to an entity subject to an administration petition or appointment. Overlooking pending court filings risks substantial financial loss, breach of lending criteria, and regulatory scrutiny.
FAQ
What is the statutory purpose of administration?
Under paragraph 3 of Schedule B1 to the Insolvency Act 1986, an administrator must 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.
Can a creditor issue a winding-up petition against a company in administration?
No. The statutory moratorium under paragraph 42 of Schedule B1 prohibits the presentation or continuation of a winding-up petition against the company without the consent of the administrators or permission of the court.
How does a winding up petition search help identify distressed companies?
Court applications are filed with the Central Registry days or weeks before they appear in The Gazette or on Companies House. Conducting a dedicated winding up petition search captures filings such as notices of intention to appoint administrators prior to formal appointment.
How do suppliers submit claims to administrators?
Creditors must obtain a proof of debt form, itemise the debt with supporting invoices and contractual terms, and return it directly to the office holders managing the case.
Where can I monitor a company for future insolvency notices?
Stakeholders can track ongoing developments, charge filings, and status changes at zero cost by activating free company monitoring through Corp Intel.