2 minutes

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

Administration is a formal insolvency procedure designed to rescue or restructure a financially distressed company. It involves the appointment of an insolvency practitioner, known as an administrator, who takes control of the company’s affairs to achieve the best possible outcome for creditors.

When the objectives of administration have been achieved, such as the company’s restructuring, sale of assets, or satisfaction of creditors’ claims, the administrator will prepare a Notice of End of Administration. This notice is filed with the court and notifies creditors, shareholders, and other interested parties that the administration has come to an end.

The Notice of End of Administration typically includes information about the date of the administration’s conclusion and any significant outcomes achieved during the process. It may also provide 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, and the administrator’s powers cease. The company will no longer be under the control of the administrator, and the directors regain control over the company’s operations.

It is important to note that the end of administration does not necessarily mean the company is out of financial distress or that it has fully recovered. In some cases, the company may transition to another insolvency procedure, such as liquidation or company voluntary arrangement, or continue its operations under the control of its directors.

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