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Posts tagged "Isle of Man"
Appendix A —Director’s Statement of Affairs and List of Creditors

The Joint Administrators have been notified of additional unsecured creditor claims beyond those included in the Director's Stalement of Affairs. In accordance
with Rule 3.35 (i)(i) and R3.35 (2) and (3) IR16 a list of creditors has been provided

The Faorvis Mazars Joint Administrators pass no comment on the creditors list below and provide this list with the sole purpose of complying with their
interpretation of the relevant sections of [R16

Company Creditor - Schedule B - Creditors
PPE Madpro Limited (Registered Number - 12597000)
Key Name Address Amount Of Debt £

CADOGO Ange'o (PTC) Lemited ga Samuel Karns House, & 11 St Georges Strect, Douglas. Isic of Mar IM? 1AL 1,000.060.00

eM Revenue & Customs

x00 Pus 2 eeravonal LUND foo! New ofree. square, Londo, 38 SIEKNOW
codes Trasspertect Legal 33 Arigate House. London. EC3N 14H unknown
CT0001 The Depanment of Health and Social Care Ministenal Correspondence and Public Enquiries Uni. 39 Viciona Street, London. SWtH OEU 148.045.993.00

6 entries totalling 188,262,228.88
6 November 2025 Investigations

Douglas Barrowman and Michelle Mone may have avoided tax on their £65m PPE profits

During the pandemic, Douglas Barrowman’s company, PPE Medpro, sold £200 million of PPE to the Government. It made £65m profit, which went into trusts benefiting Barrowman and Mone’s families. Most of the PPE was later ruled to breach sterility standards but, rather than repay the money, Barrowman put PPE Medpro into administration. New documents show […]

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