ZIGLU LIMITED
Company number 09204810 · Monitor this company
2 notices naming this company in The Gazette, the UK's official public record
2 September 2025
ZIGLU LIMITED
in Special Administration ('Ziglu' or 'the Company')
(Company Number 09204810)
Registered office: C/O RSM UK Restructuring Advisory LLP, 25
Farringdon Street, London EC4A 4AB
Principal trading address: 1 Poultry, London, EC2R 8EJ
Notice of initial creditors’ and customers’ meeting pursuant to Rule 28
of The Payment and Electronic Money Institution Insolvency (England
and Wales) Rules 2021 (‘the Rules’)
NOTICE IS HEREBY GIVEN that a physical meeting of the customers
and creditors of the Company has been summoned by the Joint
Special Administrators (JSAa), David Shambrook and Damian Webb,
appointed on 7 July 2025, and will be held at: RSM UK Restructuring
Advisory LLP, 25 Farringdon Street, London EC4A 4AB on 12
September 2025 at 10:00 am to consider and approve the resolutions
detailed below. Registration for the meeting is between 09:00 and
09:45 am to ensure a prompt start.
Resolutions being sought: 1. That the JSAs’ Proposals be approved;
2. That a creditors' committee will not be established; 3. That the
JSAs shall be authorised to pay their outstanding pre- Special
Administration fees as set out in their Proposals dated 28 August
2025; 4. That the JSAs shall be authorised to pay their outstanding
pre- Special Administration 'Category 1' costs and expenses as set
out in their Proposals dated 28 August 2025; 5. That the JSAs shall be
authorised to pay their outstanding pre- Special Administration
‘Category 2’ disbursements as set out in their Proposals dated 28
August 2025; 6. The the JSAs shall be authorised to draw their fees
on the basis set out in their proposals dated 28 August 2025; 7. That
the JSAs shall be authorised to pay their ‘Category 2’ disbursements
on the basis set out in their proposals dated 28 August 2025. In the
event that the administration exits by way of liquidation and the
administrators are appointed liquidators, such resolution shall be
treated as being passed in the liquidation.
Please note that if a creditors’ committee is formed, votes formed by
customers and creditors in relation to resolutions 3, 4, 5, 6 and 7
above will be disregarded.
Access details for remote attendance: Should you wish to attend the
meeting remotely, please contact the case manager by email at
[email protected], by 12:00 noon on 11 September 2025
(the business day before the meeting) to obtain details on how to join.
All meetings of customers and creditors (where there is an option of
joining virtually) will be recorded (video and/or audio) in order to
establish and maintain records of the relevant facts, or decisions that
are taken at such meetings. By attending a meeting you consent to
being recorded, including possible recordings of your facial image.
Where any recording of a meeting also entails the processing of
personal data, such personal data shall be treated in accordance with
data protection legislation.
Voting entitlements for customers and creditors: As per Rules 52 and
56 of the PEMII Rules, a customer or creditor must provide the JSAs
with the following information before 12:00 noon on 11 September
(the business day before the meeting) in order to be entitled to vote at
that meeting: Written details of the debt which is claimed as due from
the Company* (including any calculation required); and Any proxy
intended to be used on behalf of that person (if not attending the
meeting either physically or virtually or representing a Company). *The
claim must been duly admitted with entitlement to vote in advance of
the meeting; A proxy form detailing the resolutions being considered
is available, along with a proof of debt form.
Creditors’ committee: Customers and creditors will be invited to form
a creditors’ committee at the initial meeting. We ask that any
nominations for membership of the Creditors’ Committee be sent to
the JSAs at [email protected] by 5 September 2025.
Such nominations for membership can only be accepted if we are
satisfied as to the creditors’ eligibility under Rule 69 and Rule 74 of
the PEMII Rules.
Secured Creditors: Secured Creditors must give particulars of their
security and its value if they wish to vote at the meeting. The value for
voting purposes (unless they surrender their security) is the value of
the unsecured part.
Opted out creditors: Creditors who have opted out from receiving
notices may nevertheless vote if the creditor provides a proof of debt
form and proxy form in accordance with the above provisions.
‘Small debts’: To vote at the initial meeting, all creditors and
customers must submit a valid proof of debt (or Relevant Funds
claim, as applicable) by the deadline stated in the notice. There is no
provision under the PEMII Rules for treating small debts as
automatically proved. If you do not submit a proof of debt (or Relevant
Funds claim), you will not be entitled to vote at the meeting.
Excluded Creditors: In accordance with Rule 66 of the PEMII Rules. a
creditor or customer who is permitted to attend the meeting but is
unable to do so, for the whole or part of the meeting, under the
arrangements put in place by the convener of the meeting, (‘an
excluded creditor’), or a creditor or customer who attends the meeting
but who claims to have been adversely effected by the exclusion of
the excluded creditor, may complain during the course of the meeting
to the chair of the meeting, or after the meeting, to the convener. A
complaint to the convener must be made no later than 4.00pm on the
business day following the creditor’s exclusion or notice of exclusion.
An excluded creditor or customer may request under Rule 66 of the
PEMII Rules, an indication of what occurred during the period of their
exclusion. Any such request must be made by 4pm on the business
day following the day on which the complainant received the
indication.
Adjournment and Suspension: The decision date for any decisions
made at the meeting will be the date of the meeting (‘the meeting
date’) – unless the meeting is adjourned to a later date (which must
not be later than 14 days after the meeting date). The meeting may be
suspended or adjourned at the discretion of the chair of the meeting,
who must adjourn the meeting if it is so resolved by the meeting.
Appeals: Any creditor or customer may, in accordance with Rule 61 of
the Rules, appeal a decision, provided that appeal is made not later
than 21 days after the decision date.
Office Holder Details: David Shambrook (IP No. 22290) of RSM UK
Restructuring Advisory LLP, 25 Farringdon Street, London, EC4A 4AB
and Damian Webb (IP No. 14970) of RSM UK Restructuring Advisory
LLP, 9th Floor, 25 Farringdon Street, London, EC4A 4AB
Manager contact details: Matthew Foy, RSM UK Restructuring
Advisory LLP, 25 Farringdon Street, London, EC4A 4AB Email:
[email protected]
NOTE: Please complete a proof of debt and return it together with a
detailed statement of your account and any other relevant
documentation to [email protected]. A copy of the form
is available on the creditors’ portal.
David Shambrook, Joint Special Administrator
28 August 2025
Ag FK52709
Creditors' voluntary liquidation
APPOINTMENT OF LIQUIDATORS
21 July 2025
ZIGLU LIMITED
(Company Number 09204810)
Trading Name: Ziglu
Nature of Business: Electronic Money Institution
Registered office: 1 Poultry, London, EC2R 8EJ
Principal trading address: 1 Poultry, London, EC2R 8EJ
Date of Appointment: 7 July 2025
Names and Address of Joint Special Administrators:David Shambrook
(IP No. 22290) and Damian Webb (IP No. 14970) both of RSM UK
Restructuring Advisory LLP, 25 Farringdon Street, London, EC4A 4AB
Correspondence address and contact details of case manager:
Matthew Foy, RSM UK Restructuring Advisory LLP, 25 Farringdon
Street, London, EC4A 4AB. Tel: 020 3201 8000
Ag EK41620
MEETINGS OF CREDITORS