Is Degen Labs Ltd in administration?
Last verified 11 July 2026
Yes, Degen Labs Ltd (company number 13995570) entered administration on 6 June 2025.
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Degen Labs 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 |
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| Company number | 13995570 |
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| Incorporated | 22 March 2022 (4 years old) |
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| Registered office | C/O Frp Advisory Trading Limited The Manor House, 260 Ecclesall Road South, Sheffield, S11 9PS |
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| Nature of business (SIC) | 11010: Distilling, rectifying and blending of spirits (Manufacturing) |
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| Date entered administration | 6 June 2025 |
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| Public register | View filing history ↗ |
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About the business
Degen Labs Ltd is a manufacturing business based in Sheffield, incorporated in 2022 and 3 years old when the administrator was appointed. Its registered activity is distilling, rectifying and blending of spirits (SIC 11010). There have been 3 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Statement of Affairs
No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.
Directors
3 people have been appointed as directors of Degen Labs 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 Samuel Verghese
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%
1 ceased control
- Mr Thomas Patrick Webster · ceased 6 Jan 2025
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingSentry Funding Limited
A registered charge · Created 23 Sep 2024 · Pending
What happened
EventDateType
Notice of move from Administration to Dissolution8 June 2026AM23 Administrator's progress report7 January 2026AM10 Statement of capital following an allotment of shares21 August 2025SH01 Statement of administrator's proposal31 July 2025AM03 +21 earlier events · 2022 to 2025
Registered office address changed16 June 2025AD01 Appointment of an administrator6 June 2025AM01 Registered office address changed16 March 2025AD01 Termination of appointment as a director4 March 2025TM01 Cessation as a person with significant control6 January 2025PSC07 Confirmation statement made with updates6 January 2025CS01 Unaudited abridged accounts made up11 November 2024AA Registration of charge , created9 October 2024MR01 Statement of capital following an allotment of shares24 September 2024SH01 Statement of capital following an allotment of shares24 September 2024SH01 Second filing of Confirmation Statement dated31 July 2024RP04CS01 Registered office address changed23 July 2024AD01 Termination of appointment as a director20 December 2023TM01 Confirmation statement made with updates20 December 2023CS01 Unaudited abridged accounts made up22 August 2023AA Confirmation statement made with updates29 March 2023CS01 Notification as a person with significant control27 September 2022PSC01 Change of details as a person with significant control27 September 2022PSC04 Appointment as a director22 July 2022AP01 Sub-division of shares4 July 2022SH02 Appointment as a director1 April 2022AP01 Incorporation22 March 2022NEWINC What this means for you
If you are a creditor
Contact the administrator 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
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See how Protect works, £24/mo →Other manufacturing companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Degen Labs Ltd in administration?
- Yes. Degen Labs Ltd (company number 13995570) entered administration on 6 June 2025.
- What does Degen Labs Ltd do?
- Degen Labs Ltd's registered nature of business is distilling, rectifying and blending of spirits (SIC 11010). It is classified in the manufacturing sector.
- Where is Degen Labs Ltd based?
- Degen Labs Ltd's registered office is C/O Frp Advisory Trading Limited The Manor House, 260 Ecclesall Road South, Sheffield, S11 9PS. The registered office is the address held on the public register, which is not always the trading address.
- When was Degen Labs Ltd founded?
- Degen Labs Ltd was incorporated on 22 March 2022, 3 years before the administrator was appointed.
- What is Degen Labs Ltd's company number?
- Degen Labs Ltd's registered company number is 13995570.
- Who has significant control of Degen Labs Ltd?
- 1 active person with significant control over Degen Labs Ltd is on the register: Mr Samuel Verghese.
- Does Degen Labs Ltd have any outstanding charges?
- an outstanding charge is registered against Degen Labs Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Degen Labs 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 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 Degen Labs 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 Degen Labs Ltd go into administration?
- Degen Labs Ltd went into administration on 6 June 2025.
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