NEG THE TREATY SUB 2 LIMITED
Incorporated on 16 September 2021, London based real estate firm NEG THE TREATY SUB 2 LIMITED entered administration on 30 March 2026. The process was initiated under Schedule B1 of the Insolvency Act 1986, with two office holders from Moorfields, including Arron Kendall, appointed as administrators. The official public record marked the first failure on 6 April 2026.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Lessons behind the liquidation
The registration of 6 outstanding charges on 8 August 2025 to A.S.K. Partners Agent Limited highlights a heavily leveraged capital structure. This volume of secured debt was registered prior to the appointment of administrators on 30 March 2026, demonstrating how quickly insolvency can follow significant debt registration.
The company experienced 8 director appointments since 2021, with an average tenure of 2.2 years. With 1 resignation occurring in the final 12 months before administration, this level of board instability can complicate corporate governance during periods of distress.
Full accounts were last filed on 27 June 2025, offering a snapshot of compliance. However, these historical filings did not prevent the subsequent financial distress that led to the administration under Notice 5103384.
This case illustrates a common real estate insolvency pattern where concentrated secured debt charges and frequent director changes precede a transition into administration.
Every charge, every filing, every appointment, in one dossier.
Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for NEG THE TREATY SUB 2 LIMITED.