Summary
PPE Medpro, linked to Baroness Michelle Mone and her husband Doug Barrowman, owes £39 million in taxes. The company was previously ordered to pay £148 million for not meeting contract requirements for medical gowns during the Covid pandemic. PPE Medpro has been put into administration, and efforts are underway to recover the owed money.
Key Facts
- PPE Medpro owes £39 million in taxes in addition to a £148 million debt to the UK government.
- The company was penalized for providing medical gowns that did not meet required standards during the Covid pandemic.
- PPE Medpro is linked to Baroness Michelle Mone and her husband Doug Barrowman.
- The company is currently in administration, and financial recovery efforts are being pursued.
- PPE Medpro has £672,774 available for unsecured creditors, which is far less than its total debt.
- Doug Barrowman received over £60 million in profits from PPE Medpro.
- A company linked to Barrowman, Angelo (PTC), has a secured debt ranking it higher for repayment from PPE Medpro’s remaining funds.
- PPE Medpro was set up in May 2020 and secured its first government contract through a special recommendation process.
