DSTBTD Limited - Rescued via Restructuring Plan

DSTBTD Limited, a London-based talent-on-demand startup, has been rescued via a £6 million restructuring plan.

The company was established in 2017 as a talent cloud provider.

BT Digital sold its stake in the company in 2024, two years after investing £30 million.

Burdened with historic HMRC and other legacy debts that threatened its ability to trade, DSTBTD engaged K2 Business Partners to assist. K2 developed a restructuring plan which enabled the compromise of historic debts—most notably compromising HMRC—while safeguarding current trading relationships with suppliers and employees. The company has since continued trading uninterrupted. 

Progility Finco Limited has a registered charge against the company.