# Avalon Investment Services Limited (03792386)

> Why UK company 03792386 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03792386

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03792386/filing-history/MzE0Nzg2MzUwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03792386

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.