Is Hi55 Ventures Limited in administration?
Last verified 11 July 2026
Yes, Hi55 Ventures Limited (company number 12592318) entered administration on 10 July 2024. Gary Steven Pettit of PBC Business Recovery & Insolvency Limited was appointed as administrator.
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Hi55 Ventures Limited 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 | 12592318 |
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| Incorporated | 7 May 2020 (6 years old) |
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| Registered office | 9-10 Scirocco Close, Moulton Park, Northampton, NN3 6AP |
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| Nature of business (SIC) | 62090: Other information technology service activities (IT & managed services) |
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| Date entered administration | 10 July 2024 |
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| Administrator | Gary Steven Pettit, PBC Business Recovery & Insolvency Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 10 July 2024, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Hi55 Ventures Limited is a it & managed services business based in Northampton, incorporated in 2020 and 4 years old when the administrator was appointed. Its registered activity is other information technology service activities (SIC 62090). There have been 10 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control.
Directors
10 people have been appointed as directors of Hi55 Ventures Limited.
DirectorStatusAppointedResigned
+4 former directors · resigned 2021
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.
Hi Freedom Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
1 ceased control
- Mr David Sorby Brown · ceased 26 Jun 2023
What happened
EventDateType
Administrator's progress report10 February 2026AM10 Administrator's progress report29 July 2025AM10 Notice of extension of period of Administration7 May 2025AM19
Administrator's progress report23 January 2025AM10 Statement of administrator's proposal21 January 2025AM03 +87 earlier events · 2020 to 2024
Result of meeting of creditors17 September 2024AM07
Registered office address changed15 July 2024AD01 Statement of affairs10 July 2024AM02 Appointment of an administrator10 July 2024AM01 Confirmation statement made with updates12 June 2024CS01 Change of details as a person with significant control12 June 2024PSC05 Cessation as a person with significant control11 June 2024PSC07 Notification as a person with significant control11 June 2024PSC02 Termination of appointment as a director15 December 2023TM01 Termination of appointment as a director14 December 2023TM01 Total exemption full accounts made up8 September 2023AA Previous accounting period shortened24 July 2023AA01 Termination of appointment as a director25 May 2023TM01 Confirmation statement made with updates9 May 2023CS01 Director's details changed24 April 2023CH01 Director's details changed17 April 2023CH01 Statement of capital following an allotment of shares17 April 2023SH01 Statement of capital following an allotment of shares14 April 2023SH01 Appointment as a director17 January 2023AP01 Statement of capital following an allotment of shares21 December 2022SH01 Second filing of a statement of capital following an allotment of shares20 December 2022RP04SH01 Statement of capital following an allotment of shares14 December 2022SH01 Statement of capital following an allotment of shares13 December 2022SH01 Statement of capital following an allotment of shares8 December 2022SH01 Change of details as a person with significant control6 December 2022PSC04 Change of details as a person with significant control5 December 2022PSC04 Total exemption full accounts made up23 November 2022AA Termination of appointment as a secretary10 November 2022TM02 Cancellation of shares. Statement of capital12 October 2022SH06 Purchase of own shares12 October 2022SH03 Current accounting period shortened4 September 2022AA01 Appointment as a director18 August 2022AP01 Cancellation of shares. Statement of capital10 August 2022SH06 Cancellation of shares. Statement of capital10 August 2022SH06 Purchase of own shares10 August 2022SH03 Purchase of own shares10 August 2022SH03 Cancellation of shares. Statement of capital15 June 2022SH06 Purchase of own shares15 June 2022SH03 Confirmation statement made with updates25 May 2022CS01 Total exemption full accounts made up14 April 2022AA Purchase of own shares11 April 2022SH03 Cancellation of shares. Statement of capital11 April 2022SH06 Memorandum and Articles of Association21 March 2022MA Appointment as a director28 February 2022AP01 Termination of appointment as a director24 January 2022TM01 Total exemption full accounts made up20 December 2021AA Termination of appointment as a director16 December 2021TM01 Termination of appointment as a director26 October 2021TM01 Previous accounting period shortened17 September 2021AA01 Memorandum and Articles of Association14 August 2021MA Statement of capital following an allotment of shares3 August 2021SH01 Confirmation statement made with updates19 May 2021CS01 Statement of capital following an allotment of shares1 April 2021SH01 Termination of appointment as a director29 March 2021TM01 Statement of capital following an allotment of shares9 March 2021SH01 Statement of capital following an allotment of shares9 March 2021SH01 Statement of capital following an allotment of shares9 March 2021SH01 Appointment as a director22 February 2021AP01 Statement of company's objects18 February 2021CC04
Memorandum and Articles of Association18 February 2021MA Statement of capital following an allotment of shares2 December 2020SH01 Statement of capital following an allotment of shares2 December 2020SH01 Statement of capital following an allotment of shares2 December 2020SH01 Statement of capital following an allotment of shares2 December 2020SH01 Statement of capital following an allotment of shares13 November 2020SH01 Appointment as a secretary28 October 2020AP04 Memorandum and Articles of Association4 September 2020MA Change of details as a person with significant control20 August 2020PSC04 Statement of capital following an allotment of shares17 August 2020SH01 Appointment as a director17 July 2020AP01 Appointment as a director17 July 2020AP01 Appointment as a director17 July 2020AP01 Appointment as a director17 July 2020AP01 Consolidation of shares1 July 2020SH02 Memorandum and Articles of Association1 July 2020MA Memorandum and Articles of Association1 July 2020MA Statement of capital following an allotment of shares22 June 2020SH01 Sub-division of shares26 May 2020SH02 What this means for you
If you are a creditor
Contact the administrator (PBC Business Recovery & Insolvency Limited) 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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Related guides
The bigger picture
Frequently asked questions
- Is Hi55 Ventures Limited in administration?
- Yes. Hi55 Ventures Limited (company number 12592318) entered administration on 10 July 2024. Gary Steven Pettit of PBC Business Recovery & Insolvency Limited was appointed as administrator.
- Who is the administrator of Hi55 Ventures Limited?
- Gary Steven Pettit, a licensed insolvency practitioner at PBC Business Recovery & Insolvency Limited, was appointed administrator of Hi55 Ventures Limited on 10 July 2024. Creditors can contact the administrator directly to submit a claim.
- What does Hi55 Ventures Limited do?
- Hi55 Ventures Limited's registered nature of business is other information technology service activities (SIC 62090). It is classified in the it & managed services sector.
- Where is Hi55 Ventures Limited based?
- Hi55 Ventures Limited's registered office is 9-10 Scirocco Close, Moulton Park, Northampton, NN3 6AP. The registered office is the address held on the public register, which is not always the trading address.
- When was Hi55 Ventures Limited founded?
- Hi55 Ventures Limited was incorporated on 7 May 2020, 4 years before the administrator was appointed.
- What is Hi55 Ventures Limited's company number?
- Hi55 Ventures Limited's registered company number is 12592318.
- Who has significant control of Hi55 Ventures Limited?
- 1 active person with significant control over Hi55 Ventures Limited is on the register: Hi Freedom Limited.
- Are jobs at Hi55 Ventures Limited 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 (PBC Business Recovery & Insolvency Limited) 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 Hi55 Ventures Limited?
- 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 Hi55 Ventures Limited go into administration?
- Hi55 Ventures Limited went into administration on 10 July 2024.
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