Peflrealisations Limited (15189253): administration
- Status
- Administration ended
- Administration began
- 2026-04-27
- Administrators' firm
- FRP Advisory
- Formerly
- Plastic Energy Finco Ltd
- Incorporated
- 2023-10-05
- Location
- London
- Industry
- 64209 Activities of other holding companies n.e.c.
From the administrators' statement
The Group is a global advanced recycling business specialising in the chemical conversion of end-of-life plastics into circular feedstocks established in 2012.
PEL has developed a unique and patented process that transforms end-of-life plastic waste into TACOIL™, a recycled feedstock that integrates seamlessly into the existing plastics value chain, enabling the production of virgin-quality recycled plastics.
The Group has built strategic partnerships with leading players in the plastics industry, including SABIC, TotalEnergies, Petronas and SK geo centric to monetise the intellectual property and patents developed by the Company. Additionally, products incorporating recycled plastic made using the Company’s technology have been used in packaging for renowned brands such as Unilever and Tupperware.
Administrators' statement of proposals (2026-07-02) · Companies House register