# Newcells Biotech Limited (09389592)

> Why UK company 09389592 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09389592

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09389592/filing-history/MzUwNTkwOTI5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09389592

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.