Jans Finance (UK) Limited (14179743): administration
- Status
- In administration
- Administration began
- 2025-06-10
- Administrators
- Ian Davison, Scott Murray
- Administrators' firm
- BDO
- Incorporated
- 2022-06-17
- Location
- London
- Industry
- 64910 Financial leasing
From the administrators' statement
Keenan CF were first introduced to the Company by its external accountants, Daly Park, in late April 2025. We undertook an urgent strategic review of the financial position of the Group, including reviewing management accounts, short-term cash flow projections and order book. The Group required a significant cash flow injection and recapitalisation to continue to trade on in its current form.
In the absence of further funding and following consideration of all options available to them, the Directors decided it was in the best interest of all stakeholders to place the Company into Administration. On 10 June 2025, Scott Murray and lan Davison were appointed Joint Administrators of JANS Finance (UK) Ltd. The appointment was made by the Directors of the Company in accordance with Paragraph 22(2) of Schedule B1 to the Insolvency Act 1986.
Prior to undertaking the urgent strategic review of the Group, neither the Joint Administrators nor Keenan Corporate Finance Limited had any professional connection with the Company, its Directors or Shareholders. Having evaluated the extent of our prior professional relationship we do not believe that it created a threat to the fundamental principles detailed in the Insolvency Code of Ethics issued by our Recognised Professional Body. A further review has been carried out and no threats have been identified in respect of the management of the insolvency appointment to date.
Administrators' statement of proposals (2025-08-11) · Companies House register