Trident Funding Limited (15894362): administration
- Status
- In administration
- Administration began
- 2026-03-10
- Administrators
- Christine Mary Laverty, Russell Simpson, Jarred H Erceg
- Administrators' firm
- Grant Thornton
- Incorporated
- 2024-08-13
- Location
- Manchester
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Management failings / irregularities
- Parent or group failure
From the administrators' statement
Nature of the Company’s business
The Company was incorporated on 13 August 2024 and supported MES (as loan originator) with the provision of funding for certain MFS originated loans.
MES was a specialist UK property finance loan servicer that originated and administered bridging loans and related mortgage-style products that are primarily secured against residential properties in the UK. Whilst MFS was responsible for originating and servicing loans it relied upon the Company (together with another of MFS Funding Silos) to provide the necessary funding for this, which in the case of the Company, was obtained from certain financial underlying institutions via a securitisation structure, with TMF as the Security Agent.
Administrators' statement of proposals (2026-05-08) · Companies House register