# Worldspreads Limited (04898762)

> Why UK company 04898762 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04898762

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04898762/filing-history/MzA1NzI2Mzg2NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04898762

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