CSDG Holdings Limited (13610686): administration
- Status
- Administration ended
- Administration began
- 2025-05-07
- Administrators
- Stephen John Absolom, David John Standish
- Administrators' firm
- Interpath Advisory
- Formerly
- Change Agronomy Ltd
- Incorporated
- 2021-09-08
- Location
- London
- Industry
- 13100 Preparation and spinning of textile fibres
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
2.1 + Background information and events leading up to Administration
CSDG Holdings Limited (the “Company” or “CSDG”), formerly Change Agronomy Limited, was incorporated in September 2021 to acquire Trichome Agronomy Corp, a Canadian operation (now Change Agronomy Canada Limited (“CACL”)) which processed industrial hemp in Portage la Prairie, Manitoba.
Chrystal Capital Ltd organised a fundraising that accompanied the acquisition of CACL. MBU Capital Group Ltd (“MBU”), along with associated investors, invested approximately £2.5m into CACL, in aggregate, in two tranches (in December 2021 and April 2022).
Administrators' statement of proposals (2025-07-09) · Companies House register