MF Global UK Limited (01600658): administration
- Status
- In administration
- Administration began
- 2011-10-31
- Administrators
- Paul Pretlove, Robert Thomas Spence
- Administrators' firm
- Interpath Advisory
- Formerly
- MAN Financial Limited; E D & F MAN International Limited; E. D. & F. MAN International Limited; E.D. & F. MAN Financial Markets Limited; Mantrad Limited; Precis Seventy Four Limited
- Incorporated
- 1981-11-27
- Location
- London
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
- Parent or group failure
- Regulatory change or action
- Property / lease costs
- Rising interest rates
From the administrators' statement
m The registered office, and main administrative headquarters of the Company,
The Company was a major part of the MFG Holdings Group handling its European business It was an operating subsidiary of MFG Europe, which in turn was a wholly owned subsidiary of MFG Holdings, which ts the ultimate parent company MFG Holdings is a company incorporated in the State of Delaware, USA, whose securities are quoted on the New York Stock Exchange As at the quarter ended 30 September 2011, the Company alone accounted for some 25% of Group revenue, and around 27% of the Group's total headcount (per Company records)
is situated at 5 Churchill Place, Canary Wharf, London, United Kingdom,
Administrators' statement of proposals (2012-01-02) · Companies House register