Finance South West Limited (03774042): administration
- Status
- Administration ended
- Administration began
- 2014-09-22
- Administrators
- Michael Chamberlain
- Administrators' firm
- Risk Capital Partners
- Formerly
- Finance Wessex Limited; Finance Bristol Limited; The Bristol and Wessex Special Investment Fund Limited
- Incorporated
- 1999-05-19
- Location
- Leeds
- Industry
- 64929 Other credit granting n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 19 May 1999 by Guy Curry to provide support and monitor the investment of certain funds via the Company’s interest in two Limited Partnerships
The Company remained dormant until 14 January 2005 when the Company via the Limited Partnerships provided loans and equity investments into small and medium sized enterprises operating in Devon, Somerset and some parts of Bristol The Company was supported and part financed by the European Regional Development Fund via the European Community’s Objective 2 Programme
The Company’s business was that of being a condurt of funds into different loans and equity instruments However the Company itself did not provide funding directly to the investments but used subsidiary entities, to which it provided services
Administrators' statement of proposals (2014-11-13) · Companies House register