Zinnwald Lithium Plc Listed for High Court Scheme of Arrangement Hearing
A Scheme of Arrangement application concerning Zinnwald Lithium Plc (Company Number 10829496) is scheduled to be heard before the Insolvency and Companies Court in the High Court of Justice. The matter is set down for 2:00 pm on 23 July 2026 in Court 7 of the Rolls Building, Fetter Lane, London, under case number CR-2026-003527.
Schemes of arrangement are statutory procedures under Part 26 of the Companies Act 2006. Unlike compulsory winding-up petitions presented under the Insolvency Act 1986, a scheme of arrangement is not a formal insolvency procedure. It is a court-sanctioned mechanism used by solvent entities to execute corporate reorganisations, group restructures, debt refinancings, or corporate acquisitions.
High Court cause list details
The following entry appears on the published High Court cause list for the Insolvency and Companies Court:
| Attribute | Detail |
| :--- | :--- |
| Company Name | Zinnwald Lithium Plc |
| Company Registration Number | 10829496 |
| Case Reference | CR-2026-003527 |
| Court Division | High Court of Justice, Insolvency and Companies Court |
| Hearing Date & Time | 23 July 2026 at 2:00 pm |
| Venue | Court 7, The Rolls Building, Fetter Lane, London |
| Matter Type | Scheme of Arrangement (Part 26 Companies Act 2006) |
Corporate entity status
According to the official register at Companies House, Zinnwald Lithium Plc was incorporated on 21 June 2017. The entity operates under Standard Industrial Classification (SIC) code 07290, covering support activities for other mining and quarrying.
- Registered Name: Zinnwald Lithium Plc
- Company Registration Number: 10829496
- Incorporation Date: 21 June 2017
- Company Status: Active
- Registered Office: C/O Calculo Tax Audit Ltd, The Threshing Barn Manor Barns, Coates Lane, High Wycombe, Bucks, HP13 5UX
You can review the full company profile on Corp Intel for detailed corporate tracking.
Statutory framework under Part 26 Companies Act 2006
A Part 26 Scheme of Arrangement allows a company to make a compromise or arrangement with its members or creditors. To achieve legal effect, the procedure requires three main statutory stages:
1. Convening Application: The High Court considers an initial application to direct the holding of scheme meetings for affected classes of members or creditors.
2. Class Meetings: Stakeholders vote on the proposed scheme. Approval requires a statutory majority in number representing at least 75% in value of those voting in person or by proxy.
3. Sanction Hearing: The High Court evaluates whether statutory requirements were met and whether the scheme is fair and reasonable before issuing a sanction order.
Once sanctioned by the court and delivered to the Registrar of Companies, the scheme becomes legally binding on all affected stakeholders.
Investigating court listings: manual methods vs Corp Intel
When a company appears on High Court listings, credit managers and legal advisers must determine whether the matter represents a financial distress signal or a routine capital reorganisation. Performing this analysis manually requires searching daily High Court cause lists, checking statutory notices published in The Gazette, and requesting filings from Companies House.
Using automated intelligence tools simplifies this process. Running a winding up search immediately clarifies whether a court entry represents a creditor petition or a solvent reorganisation. Combining a winding up petition search with a company charge check allows risk professionals to evaluate outstanding secured liabilities without delaying commercial decisions. Setting up free company monitoring provides real-time alerts whenever corporate filings or court notices update.
Checklist for credit controllers and counterparties
Commercial counterparties reviewing companies involved in High Court scheme proceedings should complete the following assessment steps:
- Identify Scheme Purpose: Review court filings to establish whether the scheme involves members (equity restructure) or creditors (debt compromise).
- Verify Creditor Status: Confirm whether trade debt is included within the scope of the proposed scheme.
- Examine Contract Terms: Check supply agreements for change-of-control, insolvency, or reorganisation clauses triggered by court proceedings.
- Confirm Liquidation Risk: Conduct a routine winding up search to ensure no concurrent insolvency petitions exist.
Scenario analysis: evaluating trade credit risk
Consider an equipment rental business supplying heavy plant machinery to an exploration business on standard 60-day credit terms. When the supplier identifies a High Court cause list entry, the risk manager checks whether the filing indicates insolvency.
By conducting a winding up petition search, the manager confirms the listing is a Part 26 application rather than a creditor winding-up petition under the Insolvency Act 1986. Reviewing published announcements confirms the scheme concerns an equity capital reorganisation. As trade claims are unaffected, the supplier maintains standard credit terms while monitoring Companies House filings for court order delivery.
For corporate advisers and lenders
Corporate finance advisers, legal counsel, and commercial lenders must distinguish between solvent corporate reorganisations and formal insolvency actions during client onboarding and credit reviews. A failure to identify the precise legal mechanism behind a High Court listing can lead to unnecessary withdrawal of commercial facilities or miscalculated credit exposure. Advisers reviewing corporate counterparties should perform a company charge check alongside a winding up petition search before approving major contracts or capital allocations.
FAQ
Is a Scheme of Arrangement an indicator of company insolvency?
No. A scheme of arrangement under Part 26 of the Companies Act 2006 is a flexible statutory reorganisation tool. While it can be used to restructure debt, it is frequently used by solvent public companies for takeovers, corporate mergers, or group restructuring.
How does a scheme of arrangement differ from a winding-up petition?
A winding-up petition is an enforcement action brought under the Insolvency Act 1986 to liquidate an insolvent company. A scheme of arrangement is a court-supervised process under the Companies Act 2006 used to execute a formal arrangement between a company and its members or creditors.
Do trade suppliers need to submit claims during a member scheme of arrangement?
If the scheme involves members (shareholders) only, standard trade creditors and suppliers are unaffected and continue operating under existing contractual terms. If the scheme specifically targets creditors, formal scheme circulars and claim forms are issued.
What takes place at the High Court sanction hearing?
The court reviews the application to verify statutory procedures were followed, that class meetings were properly constituted, and that the proposed arrangement is fair before issuing a binding sanction order.
How can credit teams verify if a High Court hearing involves a winding-up petition?
Credit teams can perform a winding up search or inspect published cause lists to distinguish solvent Part 26 applications from compulsory liquidation petitions under the Insolvency Act 1986.
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.