Worldspreads Limited (04898762): administration
- Status
- Administration ended
- Administration began
- 2012-03-18
- Administrators
- Samantha Rae Bewick, David John Standish
- Administrators' firm
- KPMG
- Formerly
- Share Spread UK Limited
- Incorporated
- 2003-09-15
- Location
- London
- Industry
- 6523
From the administrators' statement
The Company was incorporated in September 2003 and 1s a wholly owned subsidiary of WorldSpreads Group plc, a company registered in Ireland. WorldSpreads was an online financial markets trading business whose principal activity was spread betting
The Company’s registered office and main admuustrative headquarters was situated at 3 Minster Court, Mincing Lane, London, United Kingdom. WorldSpreads also had branches wa Denmark, France, Germany, Ireland, Spain and Sweden, as well as offices in Israel and Portugal and exclusive arrangements with tied agents m Greece, Hungary and Slovenia. The Company 1s authorised in the UK by the FSA and all branches were regulated under the passporting provisions unplemented pursuant to MiFID
Additionally WorldSpreads has a wholiy owned subsidiary in South Africa, WorldSpreads SA (Proprietary) Limited. This entty 1s not currently in an insolvency procedure. Clients in South Africa entered into agreements with WorldSpreads SA (Propnetary) Limited and not with WorldSpreads
Administrators' statement of proposals (2012-05-10) · Companies House register