Century Capital Partners Limited (07696967): administration
- Status
- In administration
- Administration began
- 2026-01-30
- Administrators
- James Ashley Dowers, Damian Webb, Glen Carter
- Administrators' firm
- RSM
- Incorporated
- 2011-07-07
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Rising costs / inflation
- HMRC / tax arrears
From the administrators' statement
During 2025, the Company began to experience increasing liquidity pressure arising from a slowdown in new loan origination, rising operating costs and delays in realisations across certain underlying loans. As part of routine monitoring under the Company’s financing arrangements, certain technical covenant and compliance matters were identified that required clarification. In light of these concerns, and in order to obtain a clearer understanding of the underlying loan assets and realisation timelines, MMML engaged RSM UK Restructuring Advisory LLP (“RSM”) to undertake a detailed loan asset review across the Company’s and SPV portfolios.
During this period, MMML continued to provide funding support to ensure operational continuity while a number of potential options were explored. Such options being considered included a re-capitalisation of the business or a potential solvent wind down of the Company. However, due to historic HMRC liabilities and other legacy obligations within the business any solvent option would require material new funding.
In the absence of shareholder support the Company was under-capitalised and MMML was unable to provide the level of funding support required to achieve a solvent exit route. Consequently, at the request of MMML, RSM commenced preparing a contingency plan focussing on the following:
Administrators' statement of proposals (2026-04-08) · Companies House register