# City Credit Capital (UK) Limited (04343251)

> Why UK company 04343251 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04343251

- **Status:** Administration ended
- **Administration began:** 2023-06-30
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Smart Link Financial Services (UK) Limited
- **Incorporated:** 2001-12-19
- **Location:** London
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Regulatory change or action
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Parent or group failure

## From the administrators' statement

The Company was incorporated on 19 December 2001, registered in the name ‘Smart Link Financial Services (UK) Limited’, for the purposes of financial intermediation in respect of the investment of client funds in multiple currencies and on multiple platforms. The Company's name was changed to City Credit Capital (UK) Limited on 21 October 2002. The Company is also regulated by the Financial Conduct Authority (“FCA”) under the Firm Registration Number 232015.

The Company is part of a group in which there are seven companies (“the Group’), and of which, CCC Holdings (B.V.I.) Limited is the Topco. The Company is also the sole shareholder of two of the other Companies in the Group, namely City Credit Capital SRL de CV and City Credit Capital (Uruguay) Ltd.

The Company operated as Contracts for Differences broker, providing services to a wide range of retail investor clients as well as a small number of professional investor clients.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04343251/filing-history/MzM5MDg0OTQyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04343251

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