# ABC HNW Limited (09987531)

> Why UK company 09987531 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09987531

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09987531/filing-history/MzE3OTAyMDczOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09987531

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