Intrust Advisory Limited (08075870): administration
- Status
- Administration ended
- Administration began
- 2022-06-29
- Administrators
- Philip Lewis Armstrong, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Incorporated
- 2012-05-21
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- COVID-19
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 21 May 2012 following the Administration of its predecessor, Intrust Limited, which was formed by a management buy-out from Levy Gee, IAL traded as an independent services provider of international tax, business and financial advice based at their registered office at 4" Floor, Portman House, 2 Portman Street, London W1H 6DU.
The Company traded successfully for many years with tumover exceeding £2m at its peak from its core services induding bookkeeping, accounting, payroll, cash flow preparation and consolidated reporting services.
The Company had a client base of approximately 175, both corporate as well as individuals involved with approximately 350 corporate entities. The majority of clients were overseas with UK interests and UK service requirements which were supported by a number of foreign language speakers within the Company's workforce,
Administrators' statement of proposals (2021-03-04) · Companies House register