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GOTCHA! Versarien goes into administration: £205 million to nowt! The ouzos will flow in Greece tonight!

Tom Winnifrith
Tuesday 6 January 2026
It was a matter of when not if but today Versarien (VRS) has appointed Andrew Knowles and Andrew Poxon of Leonard Curtis as Joint Administrators. They will try to sell its businesses but will get SFA. Shareholders will lose everything and the UK taxpayer will take a monster haircut on the £5 million plus accrued interest loan it should never have been given by Innovate UK.

on Tom Winnifrith, the Sheriff of AIM | Comments

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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