Meetings of creditors (Administration)
Pedal Revolution Limited administration
In short: Pedal Revolution Limited (company no. 03521082) entered administration, according to a Meetings of creditors (Administration) notice published in The London Gazette on 14 July 2026. The office holders are Grace Jones; David Perkins, appointed 20 May 2026. The case is before the High Court of Justice (case CR-2026-003949).
A virtual creditors' meeting for Pedal Revolution Limited is scheduled on 28 July 2026 to consider a creditors' committee, approve administrators' fees, and set the discharge date.
Notice details
- Company
- Pedal Revolution Limited
- Company number
- 03521082
- Registered office
- c/o Parker Andrews Ltd, 5th Floor, The Union Building, 51-59 Rose Lane, Norwich, NR1 1BY
- Principal trading address
- 63-67 Bethel Street, Norwich, NR2 1NR
- Court
- High Court of Justice
- Case number
- CR-2026-003949
- Office holder(s)
- Grace Jones; David Perkins
- Office holder number(s)
- Grace Jones (IP No. 29670); David Perkins (IP No. 18310)
- Date of appointment
- 20 May 2026
- Meeting date
- 28 July 2026
- Meeting time
- 11.00 am
- Contact
- Mark Middlemas, Email: [email protected], Tel: 01603 284284
What the last filed accounts showed
As at 31 March 2025 · unaudited · 15 months before the first insolvency notice
Average employees during the period: 9
These are the company's own figures from Companies House, not from the Gazette notice, and they describe its position at that date rather than what it owes now. Negative net assets means liabilities exceeded assets. The full record is on the Pedal Revolution Limited company page.
What this notice means
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Read more: Company Administration Explained.
What happens next
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Quote case number CR-2026-003949 and the High Court of Justice in any correspondence about the case.
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How does this notice affect you?
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A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If PEDAL REVOLUTION LIMITED owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2's founder has turned around UK businesses since 1990, and K2 has backed and restructured them since 2001, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at PEDAL REVOLUTION LIMITED or something similar, start the conversation early.
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If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2's founder has helped UK directors turn things around since 1990. Talk to us in confidence.
Already decided to close? Get a fixed-fee liquidation quote from a licensed practitioner, or read how strike-off compares.
Is your own business showing the same warning signs?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More administration notices
Frequently asked questions
Has Pedal Revolution Limited gone into administration?
The London Gazette published a Meetings of creditors (Administration) for Pedal Revolution Limited (company no. 03521082) on 14 July 2026. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What does a Meetings of creditors (Administration) mean?
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What happens next?
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Who is dealing with the administration?
The office holders named in the notice: Grace Jones; David Perkins, appointed 20 May 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number and case number CR-2026-003949.
Why did the company go into administration?
The Gazette notice records the legal step, not the cause, so it does not say why the company failed. Its last filed accounts, to 31 March 2025, showed net assets of £128k, so any deterioration came after those figures or is not visible in them. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.
How much did the company owe?
The notice does not give a figure. The closest public number is total liabilities of £461k in its last filed accounts, to 31 March 2025. What was owed when the process began will differ, and is set out in the statement of affairs.
How many jobs are affected?
The notice does not say. The last filed accounts recorded an average of 9 employees in the period to 31 March 2025, which is the closest public figure and may be out of date.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.