A company linked to Baroness Mone (PPE Medpro Limited) has just been ordered to repay approx. £122m to the Government after the judge ruled that it breached a contract for the supply of PPE during the Covid pandemic.

PPE Medpro Limited has just been placed into administration.

The accounts to 31 July 2025 show that the company has gross assets of £1.8m and liabilities of £1.1m. The accounts show that the company had spent £4.2m on legal costs to defend the claim. Perree (Ptc) Limited is listed as a secured creditor. The former directors of PPE Medpro appear to be officers of Perree (Ptc) Limited.

The latest accounts are available at Companies House and make interesting reading!!!