# Heselwood & Grant Solicitors Limited (08923461)

> Why UK company 08923461 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08923461

- **Status:** Administration ended
- **Administration began:** 2021-10-29
- **Administrators:** Louise Longley, Julian Pitts
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Heselwood & Grant Legal Assist Limited
- **Incorporated:** 2014-03-05
- **Location:** Leeds
- **Industry:** 69102 Solicitors

## Why it went into administration

- COVID-19
- Creditor pressure / legal action

## From the administrators' statement

Heselwood and Grant Legal Assist Limited was incorporated on 5 March 2014 and operated as a Company providing legal assistance on probate matters with an external solicitor extracting any legal documentation as the Company was not initially regulated by the Solicitors Regulation Authority (“SRA”). In March 2015 the Company became fully regulated by the SRA and could now operate as a legal practice, as such the Company’s name was changed to Heselwood & Grant Solicitors Limited.

Its early work consisted primarily of personal injury claims, specialising in holiday sickness claims, between the years of 2015 and 2017 the Company was financially stable and operated at a profit. However, the ruling of Wood v TUI Travel plc [2017] in the Court of Appeal reduced the prospect of success in these cases and as such an estimated £1.2m in WIP was lost on the Company's active files. In 2017 the Company, together with Estate Research, purchased 50% of the Institute of Paralegals and set up GL Business Solutions and Professional Paralegals. These Companies operated as training practices but failed to win any significant contracts that would be of a financial benefit to the Company.

The Company diversified into Cavity Wall insulation (‘CWI’) claims with a view that these cases, if successful, would generate high levels of revenue. A joint venture in 2019 with Mahre Holdings Limited (“Mahre”) meant the Company took over a further 1,200 CWI claims and in return Mahre provided a capital loan which was due to be paid in monthly instalments, these loan payments ceased in early 2020 due to the lack of profit generated from the cases. In addition, due to the complexities of these cases and the cases not being as efficient or as lucrative as first thought, the indemnifiers would no longer authorise disbursements and ceased to indemnify. As a consequence, the cases could no longer be progressed. The Company took on 12 members of staff and relocated to new premises in order to deal with the conduct of the CWI files, increasing their overheads.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08923461/filing-history/MzMxOTY0NzU4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08923461

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.