Mars Holdings Limited (12486400): administration
- Status
- In administration
- Administration began
- 2026-02-24
- Administrators
- Nimish Chandrakant Patel, Stephen Mark Katz
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2020-02-26
- Location
- London
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Funding withdrawn / unable to refinance
- Parent or group failure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Management failings / irregularities
From the administrators' statement
Introduction — Market Financial Solutions Group
Market Financial Solutions (“MFS”) formed part of a wider group of associated companies managed by Paresh Raja, a Mayfair-based specialist lender operating in the UK property finance market.
At its peak in 2025, the group is understood to have managed a loan book of approximately £2.5 billion. The group specialised in the provision of short-term, asset-backed lending, primarily within the UK real estate sector. The group’s lending activities were supported by institutional funding lines provided by a number of global financial institutions.
Administrators' statement of proposals (2026-04-29) · Companies House register