JLG Group PLC (08062555): administration
- Status
- In administration
- Administration began
- 2022-06-15
- Administrators
- Paul David Allen, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Formerly
- The Just Loans Group PLC; Just Loans PLC
- Incorporated
- 2012-05-09
- Location
- London
- Industry
- 64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Why it went into administration
- Funding withdrawn / unable to refinance
- Parent or group failure
- COVID-19
- Cash flow / liquidity pressure
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 9 May 2012 and operated from premises at Holmesdale House, Suite 2, 46 Croydon Road, Reigate, RH2 ONH as the parent company within the wider Just Loans Group.
The secured charges registered against the Company at Companies House are as follows:
Creation Date Persons Entitled Brief Description 16 July 2019 JLG C1 Bond Plc Fixed Charge
Administrators' statement of proposals (2022-08-15) · Companies House register