Safe Hands Plans Limited (08869875): administration
- Status
- In administration
- Administration began
- 2022-03-23
- Administrators
- Nedim Patrick Ailyan, Glyn Mummery
- Administrators' firm
- FRP Advisory
- Incorporated
- 2014-01-30
- Location
- London
- Industry
- 96030 Funeral and related activities
Why it went into administration
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 30 January 2014 as a limited company under company number 08869875.
Prior to its Administration, the Company operated as a provider of pre-paid funeral plans to Plan Holders. According to the Company’s records it is understood that there are in excess of 46,000 Plan Holders.
Plan Holders would make payment for their chosen plans either by way of a lump sum payment or by way of instalment payments for a period up to 25 years. Subject to the Plan Holder making the required payments under their plan contract, the Company agreed to provide the Plan Holder with a funeral service at the time of their death.
Administrators' statement of proposals (2022-05-23) · Companies House register