TC Biopharm Limited (SC453579): administration
- Status
- In administration
- Administration began
- 2025-10-02
- Administrators
- Robert Andrew Croxen, Michael John Magnay
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 2013-07-01
- Location
- Glasgow
- Industry
- 72110 Research and experimental development on biotechnology
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
Prior A&M Involvement A&M was initially contacted by PLC on 29 May 2025.
A&M was engaged on 25 June 2025 by PLC and its subsidiaries and affiliates to undertake contingency planning, in the event that further funding could not be raised.
A&M was subsequently engaged on 21 July 2025 by the Group to undertake an accelerated sale process for the Company. The process was launched in August 2025.
Administrators' statement of proposals (2025-11-21) · Companies House register