# Nexus Independent Financial Advisers Limited (06383260)

> Why UK company 06383260 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06383260

- **Status:** In administration
- **Administration began:** 2023-01-26
- **Administrators:** Nicola Elaine Layland, Carl Derek Faulds
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2007-09-27
- **Location:** Fareham
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Regulatory change or action
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Sustained trading losses

## From the administrators' statement

The company operated as a financial advice company, providing advice on investments, pensions, annual reviews and general enquiries from clients. The funds invested by clients were invested predominantly across two investment platforms. The platform companies are unconnected third parties.

The financial position for the company is summarised below.

Year ending 31st March

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06383260/filing-history/MzM3MzU3ODEyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06383260

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