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PDD Group Ltd (01470953): administration

Status
In administration
Administration began
2026-03-20
Administrators
Allister Manson, Charles Hamilton Turner
Administrators' firm
Opus Restructuring
Formerly
Pankhurst Design and Developments Limited
Incorporated
1980-01-03
Location
Milton Keynes
Industry
74909 Other professional, scientific and technical activities n.e.c.

From the administrators' statement

Opus was introduced to the Company on 15 January 2026 by Purbeck Insurance Services, who had been providing the Company with consultancy advice in view of its current position. This introduction led to meetings and further ad hoc discussions being held to discuss the Company’s financial status and advise on the options available for the Company, as it was deemed to be insolvent.

Opus were formally engaged to assist with placing the Company into Administration and marketing the business and assets of the Company for sale on 11 February 2026 by way of a signed letter of engagement. Opus had minimal involvement with the Company in the interim period between the contact with the board of Directors, and the issuing and signing of the letter of engagement. Opus have remained at arm’s length until being formally instructed, maintaining their independence.

Additional detail concerning the background to the Administration was included in the Joint Administrators’ initial notification to creditors, which was circulated on 26 March 2026, a copy of which is included at Appendix IV.

Administrators' statement of proposals (2026-04-25) · Companies House register

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PDD Group Ltd (01470953)

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