SVB Financial Group UK Limited (05572575): administration and why it failed

SVB Financial Group UK Limited (05572575): administration

Status: Administration ended
Administration began: 2023-05-02
Administrators' firm: RSM
Formerly: SVB Alliant Europe Limited
Incorporated: 2005-09-23
Location: Milton Keynes
Industry: 64999 Financial intermediation not elsewhere classified

Why it went into administration

Regulatory change or action
Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the Company’s audited financial statements are summarised below:

£000

Period ended 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018

Administrators' statement of proposals (2023-06-06) · Companies House register

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SVB Financial Group UK Limited (05572575): administration

Why it went into administration

From the administrators' statement

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SVB Financial Group UK Limited (05572575)