Ocean Equities Financial Ltd (08391336): administration
- Status
- Administration ended
- Administration began
- 2013-07-04
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2013-02-06
- Location
- London
From the administrators' statement
The Company was incorporated on 6 February 2013 and began to trade in March 2013 from leasehold premises based at Whitehall Business Centre, 75 School Lane, Hartford, Cheshire, CW8 1PF, as an Investment vehicle specialising in pensions Mr Robert Winstanley, who had many years experience in this field, was appointed as sole Director of the business
The Company attracted a number of individuals (“investors”) within the first few weeks of trading who had been referred to the Company from a variety of sources +The Company invested the value the pension funds received in to different schemes to generate the guaranteed return of 5 per cent per annum to the investors
The Company encountered problems in June 2013 when the Company’s bank account was frozen and the Director was unable to elicit any explanation from the Company's bankers, Lloyds TSB Bank Plc (“Lloyds”) At this time much of the investors funds had been transferred to the appropriate schemes however there remained a balance in the account which stood at £221,409 33 on 1 July 2013
Administrators' statement of proposals (2013-09-04) · Companies House register