Daniel Stewart & Company PLC (02354159): administration
- Status
- Administration ended
- Administration began
- 2019-02-28
- Administrators
- Kirstie Jane Provan, Irvin Milton Cohen
- Administrators' firm
- Begbies Traynor
- Formerly
- Oval (522) Limited
- Incorporated
- 1989-03-01
- Location
- London
- Industry
- 66110 Administration of financial markets
Why it went into administration
- Regulatory change or action
- Sustained trading losses
From the administrators' statement
The Company was a full service investment advisory firm offering both corporate advisory and institutional stockbroking services. Following its formation in 1989, the Group, comprising the Company and DSS (formerly the Company’s sole shareholder which itself has previously been publicly quoted on AIM), built a reputation for publicly listing smaller companies on the London AIM and acting as a nominated advisor ("NOMAD"). The Company also made markets in quoted equities in the UK market and, to a smaller extent, the US market.
The Company offered the following key service lines:
> Corporate Finance
Administrators' statement of proposals (2019-04-26) · Companies House register