Is Cygnet Plastics Ltd in administration?
Last verified 23 May 2026
Yes, Cygnet Plastics Ltd (company number 12991447) entered administration on 20 April 2026. Hilary Pascoe of Leonard Curtis was appointed as administrator.
Do you deal with companies like Cygnet Plastics Ltd? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
Cygnet Plastics Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
|---|
| Company number | 12991447 |
|---|
| Incorporated | 2 November 2020 (6 years old) |
|---|
| Registered office | Swan Road Mochdre Business Park, Colwyn Bay, LL28 5HB |
|---|
| Nature of business (SIC) | 32990: Other manufacturing n.e.c. (Manufacturing) |
|---|
| Date entered administration | 20 April 2026 |
|---|
| Administrator | Hilary Pascoe, Leonard Curtis (licensed insolvency practitioner) |
|---|
| Official notice | View the official notice ↗ |
|---|
| Statement of Affairs | Filed 2 May 2026, declared assets & liabilities ↗ |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Cygnet Plastics Ltd is a manufacturing business based in Colwyn Bay, incorporated in 2020 and 6 years old when the administrator was appointed. Its registered activity is other manufacturing n.e.c. (SIC 32990). There have been 5 director appointments since incorporation, of which 3 were on the board when the administrator was appointed, alongside 2 people with significant control. 4 charges have been registered against the company, 1 of which is still outstanding.
Statement of Affairs
The administrator filed a Statement of Affairs on 2 May 2026. It declared:
Assets available to unsecured creditors
£3,547
Estimated shortfall to unsecured creditors
£297,394
Estimated total deficiency
£297,394
Show secured-creditor figures
Estimated total assets available for preferential creditors£40,018
Estimated total assets available for floating charge holders£3,547
The Statement of Affairs is the administrator's estimate at the point of filing. Realisations on insolvency often differ. View the full filing ↗
Directors
5 people have been appointed as directors of Cygnet Plastics Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mr Duane Russell Jones
individual person with significant control · British · Wales
Ownership of shares 25-50%
Mr Yaguang Liu
individual person with significant control · Chinese · Wales
Ownership of shares 25-50%
1 ceased control
- Ms Kim Jones · ceased 20 May 2021
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
SatisfiedNationwide Finance LTD
A registered charge · Created 11 Feb 2025 · Satisfied 7 Apr 2026
OutstandingParagon Business Finance PLC
A registered charge · Created 17 Jan 2025 · Pending
SatisfiedBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 17 Apr 2023 · Satisfied 21 Jan 2025
SatisfiedClose Brothers Limited (The “Security Trustee”)
A registered charge · Created 27 Nov 2020 · Satisfied 29 Jun 2023
What happened
EventDateType
Notice of deemed approval of proposals6 May 2026AM06
Statement of affairs2 May 2026AM02 Registered office address changed29 April 2026AD01 Statement of administrator's proposal22 April 2026AM03 Appointment of an administrator20 April 2026AM01 +23 earlier events · 2020 to 2026
Satisfaction of charge in full7 April 2026MR04 Notification as a person with significant control2 September 2025PSC01 Total exemption full accounts made up29 August 2025AA Confirmation statement made with no updates30 June 2025CS01 Registration of charge , created12 February 2025MR01 Appointment as a secretary10 February 2025AP03 Satisfaction of charge in full21 January 2025MR04 Registration of charge , created20 January 2025MR01 Total exemption full accounts made up30 June 2024AA Confirmation statement made with no updates6 June 2024CS01 Total exemption full accounts made up2 August 2023AA Confirmation statement made with no updates24 July 2023CS01 Satisfaction of charge in full29 June 2023MR04 Registration of charge , created18 April 2023MR01 Registered office address changed3 April 2023AD01 Termination of appointment as a director3 April 2023TM01 Confirmation statement made with no updates25 July 2022CS01 Total exemption full accounts made up28 April 2022AA Cessation as a person with significant control10 June 2021PSC07 Notification as a person with significant control10 June 2021PSC01 Termination of appointment as a secretary20 May 2021TM02 Confirmation statement made with updates20 May 2021CS01 Registration of charge , created16 December 2020MR01 Incorporation2 November 2020NEWINC What this means for you
If you are a creditor
Contact the administrator (Leonard Curtis) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other manufacturing companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Cygnet Plastics Ltd in administration?
- Yes. Cygnet Plastics Ltd (company number 12991447) entered administration on 20 April 2026. Hilary Pascoe of Leonard Curtis was appointed as administrator.
- Who is the administrator of Cygnet Plastics Ltd?
- Hilary Pascoe, a licensed insolvency practitioner at Leonard Curtis, was appointed administrator of Cygnet Plastics Ltd on 20 April 2026. Creditors can contact the administrator directly to submit a claim.
- What does Cygnet Plastics Ltd do?
- Cygnet Plastics Ltd's registered nature of business is other manufacturing n.e.c. (SIC 32990). It is classified in the manufacturing sector.
- Where is Cygnet Plastics Ltd based?
- Cygnet Plastics Ltd's registered office is Swan Road Mochdre Business Park, Colwyn Bay, LL28 5HB. The registered office is the address held on the public register, which is not always the trading address.
- When was Cygnet Plastics Ltd founded?
- Cygnet Plastics Ltd was incorporated on 2 November 2020, 6 years before the administrator was appointed.
- What is Cygnet Plastics Ltd's company number?
- Cygnet Plastics Ltd's registered company number is 12991447.
- Who has significant control of Cygnet Plastics Ltd?
- 2 active people with significant control over Cygnet Plastics Ltd are on the register: Mr Duane Russell Jones, Mr Yaguang Liu.
- Does Cygnet Plastics Ltd have any outstanding charges?
- an outstanding charge is registered against Cygnet Plastics Ltd out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Cygnet Plastics Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (Leonard Curtis) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Cygnet Plastics Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Cygnet Plastics Ltd go into administration?
- Cygnet Plastics Ltd went into administration on 20 April 2026.
Report an error on this page·Not financial, credit or legal advice.