A Notice of End of Administration refers to a legal document that signifies the completion of the administration process for a company that has undergone administration under the Insolvency Act 1986.

Administration is an insolvency procedure used to rescue a financially distressed company or achieve a better outcome for its creditors. It involves the appointment of an insolvency practitioner as an administrator, who takes control of the company’s affairs and aims to accomplish the objectives of administration.

When the administration process reaches its conclusion and the objectives have been achieved, the administrator will prepare and file a Notice of End of Administration. This notice serves as an official notification to creditors, shareholders, and other interested parties that the administration has come to an end.

The Notice of End of Administration typically includes important information, such as the date when the administration concluded, any significant actions or decisions made during the process, and details regarding the final distribution of funds to creditors, if applicable.

Once the Notice of End of Administration is filed and approved by the court, the administration process is officially terminated. The company will no longer be under the control of the administrator, and the directors will regain control over the company’s operations.

It is important to note that the end of administration does not necessarily imply that the company is completely out of financial distress or that it has fully recovered. The company may still face ongoing challenges, and its future may depend on various factors, including the implementation of a restructuring plan, the financial health of the business, or other steps taken to ensure its long-term viability.

Creditors, shareholders, and other interested parties should carefully review the Notice of End of Administration to understand the implications for the company and any further actions or decisions that may be necessary.

These notices are filed with Companies House against the registered company number. All UK company liquidation notices and updates are tracked centrally by Doorda.