Alfred London Ltd (08558718): administration
- Status
- In administration
- Administration began
- 2025-12-31
- Administrators
- Sandra Lillian Mundy, Paul Davies
- Administrators' firm
- FRP Advisory
- Incorporated
- 2013-06-06
- Location
- Southampton
- Industry
- 73110 Advertising agencies
From the administrators' statement
The Company was incorporated on 06 June 2013 and operated as an advertising agency. In 2024 the employees of the Company transferred to its sister company Alfred Integrated Communications Limited (AICL). The Company leased premises in Old Street Works, 205 City Road, London EC1V 1JN.
Until recently the Company has a history of generating profits and maintained a solvent balance sheet. In 2018 the Company entered into a transaction to buy-back its own shares from one of the two then shareholders. The Company was advised on the transaction by solicitors. The transaction was structured on a deferred consideration basis as there were insufficient distributable reserves to make payment in full on completion, unbeknown to the directors and shareholders at the time, it is not permissible to acquire own shares on such a basis. The current director was informed of the error by the solicitor in 2023.
The Company is pursuing an action against the former solicitors, and the solicitors have admitted liability. A mediation was held on 15 January 2026 to seek to achieve a settlement over quantum this did not result in a resolution of the issue on that day, we will update creditors in future progress reports.
Administrators' statement of proposals (2026-01-23) · Companies House register