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The Proton Group Limited (01000982): administration

Status
In administration
Administration began
2025-03-14
Administrators
Gareth David Wilcox, Mark Nicholas Ranson
Administrators' firm
Opus Restructuring
Formerly
Proton Chemicals Limited
Incorporated
1971-01-28
Location
Milton Keynes
Industry
20411 Manufacture of soap and detergents

From the administrators' statement

Following the submission of the initial NOI| by RSM, Opus was formally engaged in an advisory capacity to attempt to consider marketing the business as a going concern via a prepack sale process on 18 February 2025.

Following the expiry of the first NOI, a further NOI was filled on 25 February 2025. The business ceased to trade on 27 February 2025 but continued to be marketed. A deadline for offers of close of business on 5 March 2025 was set. An interested party requested an extension to the deadline to midday of 6 March 2025 — which was agreed.

Following the submission of offers an offer, detailed below, was accepted. Solicitors were instructed to prepare a contract for the sale of the business. In parallel a third NOI was filed on 11 March 2025 to provide protection for the company assets.

Administrators' statement of proposals (2025-09-30) · Companies House register

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The Proton Group Limited (01000982)

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