Case Studies/Wholesale/LADDIE MIDCO LIMITED
In administration

LADDIE MIDCO LIMITED

Laddie Midco Limited, a London wholesale company incorporated on 20 May 2016, is now in administration under the Insolvency Act 1986, Sch. B1. The appointment was made on 26 May 2026, with the administration entry appearing in The Gazette as Notice 5142921. Public filings show accounts last filed on 23 Jan 2026 and a confirmation statement filed, placing the insolvency against a recent filing record rather than a long period of silence.

Key facts
Company no.10192351
SectorWholesale
Incorporated20 May 2016
Reg. officeLondon EC1A
Appointed28 May 2026
Office holderAndrew James Johnson, FTI Consulting
The timeline · incorporation → liquidation
20 May 2016
Incorporated
Registered as 10192351. Wholesale.
1 Jun 2016
Charge registered
A registered charge granted to Barclays Bank PLC (As Security Agent).
6 Jun 2016
Board changes begin
First of the director resignations before failure.
20 Jul 2016
First accounts filed
change-account-reference-date-company-current-shortened
28 Jul 2025
Charge registered
A registered charge granted to Freshstream I L.P. Acting by Its General Partner Freshstream Fund I Gp Limited as Noteholder (As Defined in the Instrument).
28 Jul 2025
Charge registered
A registered charge granted to Freshstream I L.P. Acting by Its General Partner Freshstream Fund I Gp Limited as Secured Party (As Defined in the Instrument).
28 Jul 2025
Charge registered
A registered charge granted to Wells Fargo Capital Finance (UK) Limited as Security Trustee.
28 Jul 2025
Charge registered
A registered charge granted to Wells Fargo Capital Finance (UK) Limited as Security Trustee.
23 Jan 2026
Latest accounts filed
accounts-with-accounts-type-small
20 Mar 2026
Charge registered
A registered charge granted to Freshstream I L.P., Acting by Its General Partner Freshstream Fund I Gp Limited.
20 Mar 2026
Charge registered
A registered charge granted to Freshstream I L.P. Acting by Its General Partner Freshstream Fund I Gp Limited.
20 Mar 2026
Charge registered
A registered charge granted to Freshstream I L.P. Acting by Its General Partner Freshstream Fund I Gp Limited.
28 May 2026
Administrators appointed
In administration.
28 May 2026
Gazette notice published
Notice 5142921 in The Gazette.

What the data was telling us

Readings from The Gazette and Companies House, in the firm's final two years.

Insolvency statusAdministration
StatusIn administration
Gazette refNotice 5142921
EditionThe Gazette
Appointed byDirectors or a floating-charge holder
UnderInsolvency Act 1986, Sch. B1
Filing trajectoryLate filing
Incorporated20 May 2016
Last accounts23 Jan 2026
Confirmation stmtFiled
Account typeAccounts
Director stabilityBoard churn
Appointments6 since 2016
Resignations1 in final 12 mths
Active directors1
Avg tenure3.1 yrs
Charges & secured creditorsFloating charge
Charges8 registered
InstrumentA registered charge
HolderFreshstream I L.P., Acting by Its General Partner Freshstream Fund I Gp Limited
Registered20 Mar 2026
Statusoutstanding
Practitioner appointedPractitioner
PractitionerAndrew James Johnson
FirmFTI Consulting
RoleAdministrator
IP numberIP 17670
Appointed26 May 2026

Lessons behind the liquidation

01
Administration is often the point where pressure becomes visible

The company is recorded as being in administration under the Insolvency Act 1986, Sch. B1, and the appointment was made on 26 May 2026. That tells us the formal insolvency process has moved the case from ordinary trading status into an office-holder led process focused on the company's next steps and creditor position.

02
Outstanding security can sit close to the insolvency date

There are 8 registered charges, with the most recent registered on 20 Mar 2026 and still shown as outstanding. In practical terms, the public record shows secured finance remained live shortly before the administration, which is often a sign that creditor protections and repayment structures were still active as the company moved into distress.

03
Director continuity was limited over time

The record shows 6 appointments since 2016, 1 resignation in the final 12 months, and 1 active director. An average tenure of 3.1 yrs points to a board that changed over time, and that kind of turnover can matter because continuity of oversight and lender relations often becomes more important as trading conditions tighten.

Pattern context

This resembles a late-stage creditor-led administration in a formally filing-compliant company, where secured borrowing, board churn, and a final appointment to insolvency administration all appear in the public record close together.

Indicative basis · modelled across LIQUI's corpus, indicative, not predictive
The full forensic report

Every charge, every filing, every appointment, in one dossier.

Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for LADDIE MIDCO LIMITED.