Virtual1 Limited Enters Administration

On 12 October 2026, a formal notice was published in The Gazette recording that Virtual1 Limited entered administration under Schedule B1 to the Insolvency Act 1986. The proceedings were brought in the High Court of Justice, Business and Property Courts of England and Wales, Insolvency and Companies List (ChD), under case reference CR-2026-007673.

Case timeline

| Date | Step | Source |

| --- | --- | --- |

| 2026-10-05 | Administration application filed | Central Registry of Winding-up Petitions |

| 2026-10-12 | Administrator Appointed (Gazette notice 2410) | The Gazette |

The court registry record shows an administration application was filed on 5 October 2026. A formal appointment notice was subsequently published in The Gazette on 12 October 2026 under notice classification code 2410.

Gazette notice details

For commercial counterparties and legal advisers conducting a winding up petition search, court filings and statutory notices provide early visibility of insolvency proceedings before updates appear on corporate register profiles.

Company snapshot

Companies House records show that Virtual1 Limited was incorporated on 22 March 2007.

| Attribute | Register Detail |

| --- | --- |

| Registered Name | VIRTUAL1 LIMITED |

| Company Number | 06177891 |

| Incorporation Date | 22 March 2007 |

| Registered Office | Soapworks, Ordsall Lane, Salford, Greater Manchester, M5 3TT |

| SIC Code | 62090 (Other information technology and computer service activities) |

| Status on Register | Active |

Directors and ownership structure

Data from the corporate register provides details regarding the appointed officers and persons with significant control (PSCs).

Current Recorded Officers

Resigned Officers

Persons with Significant Control (PSC)

Creditor checklist and recommended steps

When a trade counterparty enters statutory administration, credit managers and legal advisers should execute a structured response plan:

1. Verify Official Notices: Confirm administration details via The Gazette and court cause list entry CR-2026-007673.

2. Review Outstanding Exposure: Audit unpaid invoices, unbilled work in progress, and active service contracts.

3. Assess Security and Title: Determine whether goods supplied fall under Retention of Title (RoT) clauses or whether fixed and floating charges apply.

4. Submit Proof of Debt: Prepare evidence of indebtedness for submission to the appointed administrators once official contact channels are confirmed.

5. Monitor Ongoing Filings: Maintain continuous surveillance on future statutory filings to track insolvency progress.

What administration means for creditors and customers

Under Schedule B1 of the Insolvency Act 1986, the entry of a company into administration creates an immediate statutory moratorium. This moratorium prevents creditors from commencing or continuing legal proceedings, enforcing security, or levying distress against company assets without the permission of the court or the consent of the administrators.

Unsecured creditors must lodge formal proofs of debt detailing outstanding claims. The administrators manage the affairs, business, and property of the company and will report to creditors within statutory timeframes set out under UK insolvency law. The information provided here is for general factual background and does not constitute legal or financial advice.

Corporate tracking and market oversight

Monitoring insolvency events manually across court registers, Companies House filings, and Gazette entries can create operational latency for credit and risk teams. Incorporating a dedicated winding up search workflow ensures commercial exposure is identified promptly.

Using automated data feeds like free company monitoring allows risk managers to receive daily real-time alerts on key events, including insolvency court petitions, administrator appointments, charges, and director changes.

For credit teams, conveyancers and lenders

Credit underwriters, conveyancers, and corporate lenders must verify counterparty solvency prior to entering major commitments, approving credit lines, or releasing funds. Failing to identify a High Court administration application prior to contract execution or debt extension can leave businesses exposed to statutory moratorium restrictions and unrecoverable claims. Performing standard due diligence checks via Corp Intel provides real-time verification across public databases and court registers.

FAQ

What is the court reference for Virtual1 Limited's administration?

The administration proceedings were filed in the High Court of Justice Business and Property Courts of England and Wales Insolvency and Companies List (ChD) under case number CR-2026-007673.

What is a statutory moratorium in administration?

A statutory moratorium is a legal stay under Schedule B1 to the Insolvency Act 1986 that prevents creditors from taking legal action or enforcing security against a company or its assets while it is in administration.

How can unsecured creditors submit a claim?

Unsecured creditors must submit a formal proof of debt detailing the nature and amount of their claim, supported by invoices or contracts, directly to the appointed administrators.

Where can professionals verify ongoing insolvency filings?

Professionals can monitor court lists, review today's winding up petitions list, and check statutory notices in The Gazette or on Companies House.

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