Avalon Investment Services Limited (03792386): administration
- Status
- Administration ended
- Administration began
- 2016-02-23
- Administrators
- David John Pike, Samantha Rae Bewick, David John Standish
- Administrators' firm
- KPMG
- Formerly
- Aquila Financial Services Limited; Forestgate Limited
- Incorporated
- 1999-06-21
- Location
- Bristol
- Industry
- 66110 Administration of financial markets
Why it went into administration
- Creditor pressure / legal action
- Regulatory change or action
- Management failings / irregularities
From the administrators' statement
The Company was incorporated on 21 June 1999 and its principal activity was to act as an investment administrator handling ISAs, Junior ISAs, investment portfolios and Self-Invested Personal Pensions (SIPPs}
The Company Is authorised and regulated by the Financial Conduct Authority and in total, administers approximately 48,000 customer accounts, of which 43,000 relate to the administration of Junior ISAs for children in local authority care
The Company was one of only a small number accredited in England to deal with Junior ISAs for children in local authority care
Administrators' statement of proposals (2016-05-05) · Companies House register