Catherine Atkinson, Zelf Hussain and Peter Dickens of PwC were appointed as Joint Administrators of VGL Holdco Limited (“the Company”) on 7 November 2025.
The Company is a non-trading holding company. Its primary asset is its shares in its wholly owned subsidiary VGL Midco Limited, which in turn indirectly owns the trading subsidiaries of the Very Group.
On appointment, the Joint Administrators completed a sale of the Company’s shares in VGL Midco Limited to Bird Bidco Limited, a company owned by VGL Midco Limited’s majority secured lender. No other companies within the trading group are in an insolvency process and they continue to trade as normal.
If you have any queries in relation to the Joint Administrators' appointment that are not covered in this website, please use the email address detailed below in order that we can respond to you:
Catherine Atkinson, Zelf Hussain and Peter Dickens have been appointed as Joint Administrators of VGL Holdco Limited to manage its affairs, business, and property as agents and act without personal liability. All are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics, which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics.
The Joint Administrators may act as controllers of personal data as defined by UK data protection law, depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators’ appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators