Plato Racing Ltd enters administration
Active Company no. 16569611 Incorporated Jul 2025 Professional Services MK postcode area
Reid & Co Artemis House, 4a Bramley Road, Mount Farm, Milton Keynes, MK1 1PT
The most recent insolvency notice for Plato Racing Ltd is an Appointment of administrators, published 17 August 2026 in The London Gazette. The office holders are James Varney (IP No. 27950); Simon Bonney (IP No. 9379), appointed 12 August 2026. The case is before the Business and Property Courts in Manchester (case Company and Insolvency List, No 001183 of 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.
Last filed balance sheet
Not yet retrieved.
Insolvency notices (1)
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Appointment of administrators 17 Aug 2026
Plato Racing Ltd has been placed under administration by joint administrators James Varney and Simon Bonney as ordered by the High Court in Manchester on 12 August 2026.
Owed money by Plato Racing Ltd?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
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Frequently asked questions
Is Plato Racing Ltd in administration?
The most recent insolvency notice for Plato Racing Ltd (company no. 16569611) is a Appointment of administrators, published 17 August 2026 in The London Gazette. 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 were Plato Racing Ltd's last filed accounts?
Not yet retrieved for Plato Racing Ltd at Companies House.
How many insolvency notices does Plato Racing Ltd have?
Plato Racing Ltd has 1 insolvency notice recorded in The London Gazette, the most recent being a Appointment of administrators on 17 August 2026.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.