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Reported distress — not a Credit Event determination

HEADLAM GROUP PLC: appointment of administrators published in The Gazette

Source time: · added to CDSBench 23 Sep 2026, 13:30 UTC

Open the source: The Gazette ↗
Sourced facts

What happened

  • The Gazette published a notice of appointment of administrators for HEADLAM GROUP PLC on 2026-09-10.

From: The Gazette notice record (company name, notice type and publication date). Office-holder names are not stored. Source: The Gazette (Open Government Licence v3.0).

CDSBench analysis — not from the source

CDS relevance

  • Administration and winding-up are UK insolvency proceedings; for a reference entity they can be relevant to a Bankruptcy Credit Event under standard CDS terms.
  • A filing is not a Credit Event: for standard contracts only the Credit Derivatives Determinations Committee decides that, and whether single-name CDS reference this legal entity must be checked separately.
  • Most UK PLCs are not CDS reference entities; check whether contracts reference this legal entity.

What to watch next

  • Further Gazette notices for the company (creditor meetings, distributions).
  • Whether a question is submitted to the Determinations Committee for this entity.

General information about how CDS documentation treats this kind of event, not legal or investment advice, and not a statement that a Credit Event has occurred.

Europe · Bankruptcy & insolvency