Fairpoint Group PLC (04425339): administration
- Status
- Administration ended
- Administration began
- 2017-08-10
- Administrators
- Gareth Harris, Lindsey J Cooper, Alexander Kinninmonth
- Administrators' firm
- RSM
- Formerly
- Debt Free Direct Group PLC; Ypcs 120 PLC
- Incorporated
- 2002-04-26
- Location
- Manchester
- Industry
- 64999 Financial intermediation not elsewhere classified
From the administrators' statement
Brief background
The Company was originally incorporated as YPCS 120 pic on 26 April 2002 before changing its name to Debt Free Direct Group pic on 22 May 2002. The Company was set up as a purchasing entity in the management buy out of the Debt Free Direct business which provided financial solutions (primarily Individual Voluntary Arrangements (“IVA”) to individuals experiencing debt problems.
On 2 December 2002 the Company purchased the entire share capital Debt Free Direct Limited. On 16 December 2002 the Company purchased the entire share capital of DFD (Investments) Limited.
Administrators' statement of proposals (2017-11-07) · Companies House register