According to the FCA, these eight 8 firms appear to have connections to each other. None of the firms has ever been permitted to provide regulated investment services, but consumers may have invested substantial sums with at least 2 of the firms. The firms failed to respond to the regulator, who believed that they posed a significant risk to consumers. FCA took action to prevent these firms from causing further harm to consumers and to freeze any assets for the benefit of anyone owed money by the firms.
The firms that have been petitioned into liquidation are
- Cavendish Incorporated Ltd
- Cottesmore Associate Ltd
- Marvell Enterprises Ltd
- Grosvenor Associates Ltd
- Renaissance Advisory Ltd
- Falcon Financial Solutions Ltd
- Thestral Financial Services Ltd
- Semantic Business Services Ltd
The process of winding up the firms and liquidating any assets will be carried out by the Official Receiver. They can be contacted using the details below.
- Write to: The Official Receiver, K Hudson, P O Box 16664, Birmingham B2 2JQ
- Email: [email protected]
- Phone: 0300 678 0016
Affected consumers should contact the Official Receiver with details of any compensation claims. They can also contact the Financial Services Compensation Scheme (FSCS) but should note that FSCS cover may not be applicable (see below for more information).