ABC HNW Limited (09987531): administration
- Status
- In administration
- Administration began
- 2017-04-25
- Administrators
- Scott Christian Bevan, Simon David Chandler
- Administrators' firm
- Mazars
- Incorporated
- 2016-02-04
- Location
- Nottingham
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The company was incorporated on 4 February 2016 and was formed as a result of a joint venture between TPS Investments Limited (“TPS”), a limited company registered in Dubai and Best Group Limited (“Best”).
Best was owned and operated by two respected and reputable members of the investments’ market and the venture was based on obtaining investment funds from retail investors, either by cash or SIPP pension schemes.
4/14 GS MAZARS
Administrators' statement of proposals (2017-06-27) · Companies House register