Lendy – Important update 2019

How to Invest Money

Damian Webb, Phillip Sykes and Mark Wilson, all of RSM Restructuring Advisory LLP were appointed joint administrators of:

  • Lendy Limited (“Lendy”)
  • Saving Stream Security Holdings Limited (“Saving Stream”)
  • Lendy Provision Reserve Limited (“Reserve”)

(Collectively known as the “Companies”)

on 24 May 2019, by order of the court following an application by the director. The administrators are working closely with the FCA who consented to their appointment over the Companies.

This website will be used to provide investors and creditors with information and will be updated when information becomes available on the administrations of the Companies.

We will shortly be issuing additional information so please watch this website for updates.

The administrators have set up a dedicated email address and phone number for creditors to contact the administration team.

The address is as lendy.restructuring@rsmuk.com and the phone number is 020 3858 9653.

At the moment, the phone number only contains a recorded message, the number to be manned during the course of next week.

Due to the early stages of the administrations, the information we have is limited, we therefore request that creditors continue to consult the website in the first instance.

Due to the volume of enquiries we expect to receive, we will only be able to respond to urgent queries.

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The affairs, business and assets of the Companies are being managed by the joint administrators Damian Webb, Phillip Sykes and Mark Wilson who act as agents of the Companies and without personal liability.

Damian Webb, Phillip Sykes and Mark Wilson are licensed as insolvency practitioners in the United Kingdom by the Institute of Chartered Accountants In England and Wales.


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