Newcells Biotech Limited (09389592): administration
- Status
- In administration
- Administration began
- 2026-02-12
- Administrators
- James Hichens, Christopher Petts
- Administrators' firm
- Grant Thornton
- Incorporated
- 2015-01-15
- Location
- Manchester
- Industry
- 72110 Research and experimental development on biotechnology
From the administrators' statement
ncludes details of the company and its financial difficulties, actions taken, initial introduction to the proposed joint administrators and their prior involvement with the company, together with the options considered and work done prior to the administration to determine that a prepack was the optimal strategy to maximise return to creditors, and the decision to appoint joint administrators
Marketing of the business and assets ncludes strategy and details of the joint administrators’ decision on an offer in the lead-up to administration
Valuation of the business and assets Includes details of agents used and the basis adopted for valuations in the lead-up to administration
Administrators' statement of proposals (2026-02-24) · Companies House register