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PPE Medpro Liquidated: £148 Million Debt to UK Government

12/18/2025

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Story summary
  • PPE Medpro, linked to Baroness Michelle Mone, was wound up by the Insolvency and Companies Court due to £148 million owed to the UK government.
  • The firm failed to deliver 25 million sterile gowns during COVID-19, prompting a High Court order.
  • The court deemed PPE Medpro hopelessly insolvent, despite claims third parties could recover funds.
  • Baroness Michelle Mone and Doug Barrowman deny wrongdoing; taxpayers are unlikely to recover most funds.