HomeCompanies in AdministrationManufacturingPPL Realisations (Worthing) 2026 Limited

Is PPL Realisations (Worthing) 2026 Limited in administration?

Last verified 6 June 2026
In AdministrationYes, PPL Realisations (Worthing) 2026 Limited (company number 07545865) entered administration on 26 February 2026.

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PPL Realisations (Worthing) 2026 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

StatusIn Administration
Company number07545865
Incorporated28 February 2011 (15 years old)
Registered officeC/O Kroll Advisory Ltd The News Building, Level 6, London, SE1 9SG
Nature of business (SIC)10130: Production of meat and poultry meat products (Manufacturing)
Date entered administration26 February 2026
Official noticeView the official notice ↗
Statement of AffairsFiled 15 April 2026, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

PPL Realisations (Worthing) 2026 Limited is a manufacturing business based in London, incorporated in 2011 and 15 years old when the administrator was appointed. Its registered activity is production of meat and poultry meat products (SIC 10130). There have been 3 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control. 8 charges have been registered against the company, 4 of which are still outstanding.

Statement of Affairs

The administrator filed a Statement of Affairs on 15 April 2026. It declared:

Assets available to unsecured creditors
£215,185
Show secured-creditor figures
Estimated total assets available for preferential creditors£450,000
Estimated total assets available for floating charge holders£169,148

The Statement of Affairs is the administrator's estimate at the point of filing. Realisations on insolvency often differ. View the full filing ↗

Directors

3 people have been appointed as directors of PPL Realisations (Worthing) 2026 Limited.

DirectorStatusResigned
Joanna HunterActive
Joanna HunterActive
Stephen Paul Cusack+ 1 otherResigned14 Jul 2025

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.

Charges register

Secured creditors and encumbrances against the company. 4 outstanding · 4 satisfied.

Status · Creditor · Type · Dates
OutstandingBizcap Limited
A registered charge · Created 16 Feb 2026 · Pending
SatisfiedFinbiz Funding Limited
A registered charge · Created 16 Oct 2024 · Satisfied 28 Apr 2025
OutstandingLloyds Bank PLC
A registered charge · Created 18 Jun 2024 · Pending
OutstandingSeneca Trade Finance LTD
A registered charge · Created 10 Feb 2023 · Pending
SatisfiedClydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111
A registered charge · Created 20 May 2020 · Satisfied 7 Jun 2024
2 earlier charges · 2014 to 2016
OutstandingAmicus Commercial Finance No 1 Limited
A registered charge · Created 12 May 2016 · Pending
SatisfiedHitachi Capital (UK) PLC
A registered charge · Created 21 Jul 2014 · Satisfied 5 Apr 2019
SatisfiedThe Royal Bank of Scotland PLC
A registered charge · Created 2 Oct 2013 · Satisfied 7 Jun 2024

What happened

EventDateType
Statement of affairs15 April 2026AM02
Notice of deemed approval of proposals12 April 2026AM06
Statement of administrator's proposal27 March 2026AM03
Registered office address changed27 February 2026AD01
Appointment of an administrator26 February 2026AM01
75 earlier events · 2011 to 2026
Registration of charge , created25 February 2026MR01
Certificate of change of name23 February 2026CERTNM
Total exemption full accounts made up16 December 2025AA
Confirmation statement made with updates2 December 2025CS01
Termination of appointment as a director6 August 2025TM01
Appointment as a director13 June 2025AP01
Satisfaction of charge in full28 April 2025MR04
Amended total exemption full accounts made up17 February 2025AAMD
Total exemption full accounts made up31 January 2025AA
Confirmation statement made with updates13 December 2024CS01
Registered office address changed13 December 2024AD01
Registered office address changed18 October 2024AD01
Registration of charge , created17 October 2024MR01
Registration of charge , created24 June 2024MR01
Satisfaction of charge in full7 June 2024MR04
Satisfaction of charge in full7 June 2024MR04
Total exemption full accounts made up20 December 2023AA
Confirmation statement made with no updates30 November 2023CS01
Registration of charge , created3 March 2023MR01
Confirmation statement made with updates30 November 2022CS01
Total exemption full accounts made up24 November 2022AA
Director's details changed16 August 2022CH01
Change of details as a person with significant control16 August 2022PSC04
Statement of capital following an allotment of shares27 July 2022SH01
Register inspection address has been changed30 November 2021AD02
Confirmation statement made with updates30 November 2021CS01
Total exemption full accounts made up20 May 2021AA
Statement of capital following an allotment of shares12 May 2021SH01
Statement of capital following an allotment of shares12 May 2021SH01
Statement of capital following an allotment of shares12 May 2021SH01
Confirmation statement made with no updates2 March 2021CS01
Total exemption full accounts made up1 September 2020AA
Registration of charge , created3 June 2020MR01
Confirmation statement made with no updates28 February 2020CS01
Total exemption full accounts made up18 December 2019AA
Satisfaction of charge in full5 April 2019MR04
Confirmation statement made with no updates4 March 2019CS01
Director's details changed21 July 2018CH01
Change of details as a person with significant control21 July 2018PSC04
Total exemption full accounts made up21 June 2018AA
Confirmation statement made with no updates28 February 2018CS01
Change of details as a person with significant control29 November 2017PSC04
Director's details changed28 November 2017CH01
Change of details as a person with significant control28 November 2017PSC04
Total exemption full accounts made up10 October 2017AA
Confirmation statement made with updates1 March 2017CS01
Total exemption small company accounts made up12 July 2016AA
Registration of charge , created26 May 2016MR01
Annual return made up with full list of shareholders21 March 2016AR01
Register inspection address has been changed21 March 2016AD02
Total exemption small company accounts made up17 March 2016AA
Registered office address changed5 February 2016AD01
Previous accounting period shortened22 December 2015AA01
Annual return made up with full list of shareholders2 June 2015AR01
Total exemption small company accounts made up6 May 2015AA
Previous accounting period shortened19 March 2015AA01
Previous accounting period shortened23 December 2014AA01
Registration of charge , created30 July 2014MR01
Director's details changed29 July 2014CH01
Annual return made up with full list of shareholders1 July 2014AR01
Director's details changed1 July 2014CH01
Secretary's details changed1 July 2014CH03
Registered office address changed26 June 2014AD01
Total exemption small company accounts made up5 January 2014AA
Registration of charge , created10 October 2013MR01
Annual return made up with full list of shareholders1 July 2013AR01
Director's details changed1 July 2013CH01
Secretary's details changed1 July 2013CH03
Registered office address changed30 June 2013AD01
Registered office address changed30 June 2013AD01
Total exemption small company accounts made up29 November 2012AA
Annual return made up with full list of shareholders14 March 2012AR01
Register(s) moved to registered inspection location14 March 2012AD03
Register inspection address has been changed14 March 2012AD02
Current accounting period extended23 November 2011AA01
Incorporation28 February 2011NEWINC

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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Other manufacturing companies in administration

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Related guides

What “in administration” meansCan it still trade?Warning signs in your other customersBuying its assets? A checklistWhat the filings mean

The bigger picture

The state of UK insolvencyUK administrations this monthAdministrations by sector

Frequently asked questions

Is PPL Realisations (Worthing) 2026 Limited in administration?
Yes. PPL Realisations (Worthing) 2026 Limited (company number 07545865) entered administration on 26 February 2026.
What does PPL Realisations (Worthing) 2026 Limited do?
PPL Realisations (Worthing) 2026 Limited's registered nature of business is production of meat and poultry meat products (SIC 10130). It is classified in the manufacturing sector.
Where is PPL Realisations (Worthing) 2026 Limited based?
PPL Realisations (Worthing) 2026 Limited's registered office is C/O Kroll Advisory Ltd The News Building, Level 6, London, SE1 9SG. The registered office is the address held on the public register, which is not always the trading address.
When was PPL Realisations (Worthing) 2026 Limited founded?
PPL Realisations (Worthing) 2026 Limited was incorporated on 28 February 2011, 15 years before the administrator was appointed.
What is PPL Realisations (Worthing) 2026 Limited's company number?
PPL Realisations (Worthing) 2026 Limited's registered company number is 07545865.
Who has significant control of PPL Realisations (Worthing) 2026 Limited?
1 active person with significant control over PPL Realisations (Worthing) 2026 Limited is on the register: Miss Joanna Hunter.
Does PPL Realisations (Worthing) 2026 Limited have any outstanding charges?
4 outstanding charges are registered against PPL Realisations (Worthing) 2026 Limited out of 8 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at PPL Realisations (Worthing) 2026 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 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 PPL Realisations (Worthing) 2026 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 PPL Realisations (Worthing) 2026 Limited go into administration?
PPL Realisations (Worthing) 2026 Limited went into administration on 26 February 2026.

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