Reyker Securities PLC (01747595): administration
- Status
- In administration
- Administration began
- 2019-10-08
- Administrators
- Mark Christopher Ford, Adam Henry Stephens, Henry Anthony Shinners
- Administrators' firm
- Evelyn Partners
- Formerly
- Finsec Services Limited; Phoneville Limited
- Incorporated
- 1983-08-23
- Location
- London
- Industry
- 66300 Fund management activities
Why it went into administration
- Regulatory change or action
- Sustained trading losses
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 23 August 1983 with company number 01747595 and the name Phoneville Limited. The Company subsequently changed its name on 30 January 1984 and, again, on 14 October 1985 to Finsec Services Limited and Reyker Securities Limited respectively. On 6 March 1995, the Company reregistered as a public company and changed its name to Reyker Securities plc.
Prior to our appointment, the Company had 27 employees (including its directors) and operated from the leasehold Premises.
The Company was a full-service investment firm, offering broker-dealer and discretionary managed services to both direct retail and financial institutional and corporate clients. The Company’s core services included:
Administrators' statement of proposals (2019-12-06) · Companies House register