Wellesley Group Investors Limited (08478238): administration and why it failed

Wellesley Group Investors Limited (08478238): administration

Status: In administration
Administration began: 2025-03-10
Administrators: Stephanie Sutton, Damian Webb
Administrators' firm: RSM
Formerly: Wellesley Group (UK) Limited; Financial Group (UK) Limited
Incorporated: 2013-04-08
Location: London
Industry: 64209 Activities of other holding companies n.e.c.

Why it went into administration

Regulatory change or action
COVID-19
Supply chain disruption
Funding withdrawn / unable to refinance

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts

are summarised below.

£'000 Period ended 31 Dec 2021 31 Dec 2022 Turnover 3 245 Gross profit (339) 56 Net profit / (Loss) 17,550 15,177 Dividend paid Nil Nil

Administrators' statement of proposals (2025-05-12) · Companies House register

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