Interface Polymers Ltd (10013620): administration
- Status
- In administration
- Administration began
- 2026-04-13
- Administrators
- John Phillip Walter Harlow
- Administrators' firm
- PKF
- Incorporated
- 2016-02-18
- Location
- Leicester
- Industry
- 20590 Manufacture of other chemical products n.e.c.
Why it went into administration
- Competition / price pressure
From the administrators' statement
Detailed below is the statement of Mr Ross Baglin, the CEO of the Company on the affairs of the company and reasons for its ultimate downfall, which has been prepared with the input of the other directors. For the avoidance of doubt please note that any opinions or statements made are solely those of the Directors of the Company.
Interface Polymers Ltd was incorporated in February 2016 as a spin-out from the University of Warwick to commercialise the discoveries made by Professor Peter Scott and his PhD student Dr Christopher Kay. The work was supported by a grant from Infineum UK Limited to Professor Scott who was subsequently supported by grants from Warwick Innovations. A novel class of polymer additives (Polarfins®) was created, with transformational potential for the polyolefin (polyethylene and polypropylene) industry. As founders of IPL, Professor Scott became a nonexecutive director, and Dr Kay became Chief Scientific Officer.
Through 2016 and early 2017, Interface Polymers leveraged the ICURe programme (Innovation to Commercialisation of University Research), facilitated by Innovate UK, to engage with over ‘one hundred potential customers and validate the market demand for its innovative additives. The funding from Innovate UK was pivotal, enabling the company to scale up production and commence distribution of additive samples for customer trials. This early funding also played a crucial role in attracting an experienced management team and a strong investor base.
Administrators' statement of proposals (2026-09-11) · Companies House register