# Mars Holdings Limited (12486400)

> Why UK company 12486400 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12486400

- **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- Funding withdrawn / unable to refinance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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12486400/filing-history/MzUxNzQ2NjY3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12486400

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