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Showmed Limited (06448256): administration

Status
In administration
Administration began
2025-12-09
Administrators
Gareth David Wilcox, Lousie Williams
Administrators' firm
Opus Restructuring
Incorporated
2007-12-07
Location
Milton Keynes
Industry
70229 Management consultancy activities other than financial management

Why it went into administration

From the administrators' statement

The Company initially approached Opus on 3 October 2025 for advice as to its financial position and to explore the possibility of a Company Voluntary Arrangement (“CVA”) due to a winding up hearing against the Company, which was originally due to take place on 25 November 2025.

HMRC agreed to postpone the hearing to allow for consideration on a CVA at a creditor meeting on 13 November 2025. However, this was rejected by HMRC, and a further hearing date was set for 10 December 2025.

Following the rejection of the CVA, Opus explored other options available to the Company, Opus’ pre-appointment advice included formulating and implementing a strategy for marketing the Company’s business and assets and thereafter negotiating and agreeing a contract for a pre-packaged sale of the assets to be completed prior to the Joint Administrators’ appointment.

Administrators' statement of proposals (2026-01-16) · Companies House register

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Showmed Limited (06448256)

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