Michael Platt Limited (07181668): administration
- Status
- In administration
- Administration began
- 2026-07-28
- Administrators
- Robert Neil Dymond, Joanne Louise Hammond
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2010-03-08
- Location
- Northampton
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
MP was incorporated on 8 March 2010 and operated in the retail sale of jewellery, bespoke jewellery design, goldsmithing repairs, services and related luxury goods. MP’s operations were conducted from premises in Wimbledon Village, London.
The proceedings will be COMI proceedings, as defined by the MP was founded by Wayne and Elayne Myers, who were the directors from its incorporation until 23 January 2025, on which date a change in ownership and control occurred, with Shyam Holdings Limited purchasing 100% of MP’s share capital and becoming the person with significant control (“PSC”). Prasanna Indunil Perera was appointed as a director on 23 January 2025.
The Company forms part of the wider Shyam Group (consisting of Shyam Holdings Limited and its subsidiaries) which operated six jewellers across the South of England, each site operating from its own special-purpose vehicle (“SPV”). The key trading entities are detailed below:
Administrators' statement of proposals (2026-09-07) · Companies House register