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Origin Control Solutions Limited (10159370): administration

Status
In administration
Administration began
2026-07-31
Administrators
Mark Nicholas Ranson, Ian Mcculloch
Administrators' firm
Opus Restructuring
Incorporated
2016-05-03
Location
Milton Keynes
Industry
27900 Manufacture of other electrical equipment

From the administrators' statement

Following the meeting on 23 June 2026, lan McCulloch and Mark Nicholas Ranson of Opus Restructuring LLP were formally instructed by two of the Company’s Directors, following which an in depth review of the Company’s financial position was undertaken.

At that meeting advice regarding the statutory and non statutory options available, were also provided.

The total unsecured liabilities at the time were estimated at £675,000, including trade and expense creditors of £116,000, £198,000 owed to the landlord, £314,000 owed to Funding Circle, which is believed to be personally guaranteed by one of the Directors, Peter Owain Rawlings and £30,000 owed to HM Revenue & Customs for unpaid Corporation Tax.

Administrators' statement of proposals (2026-10-20) · Companies House register

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Origin Control Solutions Limited (10159370)

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