Vybra Solutions Ltd (09984897): administration
- Status
- In administration
- Administration began
- 2026-04-07
- Administrators
- Anthony Davidson, Mark Boast
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2016-02-03
- Location
- Milton Keynes
- Industry
- 46499 Wholesale of household goods (other than musical instruments) n.e.c
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company had been under significant creditor pressure from one of their major suppliers, and the Directors had instructed Insolvency Practitioners, Marshall Peters to discuss the Company’s insolvency and options availabe. While seeking advice, a winding up petition was presented against the Company. The petition was formally withdrawn after a settlement was made between the Company and the supplier, including a payment plan and collection of their stock in the warehouse. However, soon after the petition was withdrawn, the Directors filed a Notice of Intention to Appoint Administrators (“NOITAA”) at Court.
On receipt of the NOITAA, the Company’s Qualifying Floating Charge Holder (“QFCH”), Treyd AB contacted Brendon Clarkson of Opus Restructuring LLP (“Opus”) and Mark Boast and Anthony Davidson of Opus were appointed Joint Administrators on 7 April 2026 by the QFCH.
Attached at Appendix Ill is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.
Administrators' statement of proposals (2026-06-09) · Companies House register