HD Administrators LLP

Reference number: 465359

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • No website on the FCA register

  • No phone number on the FCA register

  • Address

    The Official Receiver Or Manchester, 2nd Floor, 3 Piccadilly Place, London Road, Manchester, M1 3BN, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode M1 3BN
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Other names (4)

If you were contacted under any of these names, it is this firm.

  • Esoteric Investments Trading name: A name it trades under now.
  • HD SIPP Trading name: A name it trades under now.
  • Integrity Administrators LLP Former name: A name it was registered under before.
  • Integrity SIPP Former trading name: A name it used to trade under.

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (7 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Dealing in investments as principal
  • Establishing/operating/winding up a personal pension scheme
  • Making arrangements with a view to transactions in investments
  • Safeguarding and administration of assets (without arranging)

Limits on the record

  • Cease to accept all new regulated business.
    Application for a variation of Part 1V permission received dated 2 March 2012 for HD Administrators LPP (HD). 1. This schedule sets out the terms of a requirement to be imposed on HD to take immediate effect. Variation of permission 2. The variation of Part 1V permission being requested is the addition of a requirement such that HD will cease to accept all new regulated business for which it has Part 1V permission from new and/or existing customers with immediate effect.
  • Hold and control client money.
    Permitted to hold and control client money and assets only in respect of the personal pension scheme(s) that the firm operates.
  • Liquidator able to access Yorkshire bank account
    The liquidator of HD Administrators LLP will be able to access the Yorkshire Bank account, called HD Administrators LLP, under account number 29540021 with immediate effect
  • Court orders to Joyston 4 account to be effected
    Any order made by the court (on an application made by the Official Receiver) in relation to the Joyston 4 bank account held at Yorkshire Bank under account number 66705297 is able to be effected without further application to the FSA to vary the permissions of HD Administrators LLP
  • No regulated Business
    The FSA has decided to vary with effect from 22 March 2012, the permission granted to HD Administrators LLP (HDA) pursuant to Part IV of the Act (HDA's Part IV permission) by imposing a requirement that HDA may not carry on any of the regulated activities in HDA's Part IV permission.
  • No disposal of or dealings with assets
    The FSA has decided to vary with effect from 22 March 2012, the permission granted to HD Administrators LLP (HDA) pursuant to Part IV of the Act (HDA's Part IV permission) by (2) imposing a requirement, pursuant to section 43 and 48 of the Act, prohibiting HDA from releasing, disposing of or otherwise dealing with any of its assets so long as the requirement is in force.
  • No release of pension scheme fund assets
    The FSA has decided to vary with effect from 22 March 2012 the permission granted to HD Administrators LLP (HDA) pursuant to Part IV of the Act (HDA's Part IV permission) by imposing a requirement on HDA's Part IV permission that pursuant to section 43(2) and section 43(4) of the Act HDA shall, through its officers and staff (whether acting on behalf of HDA or on behalf of any other entity), procure that assets held in accounts of HDA's wholly owned subsidiary, HD Trustees Limited, comprising pension scheme fund assets (HD Scheme Funds) at any institution may not, so long as the requirement is in force, be released.
  • Liquidator able to access Yorkshire bank account
    SCHEDULE 1. The Part IV Permission of HDA was varied on the Financial Services Authority's own initiative on 22 March 2012 (the OIVOP”). The effect of the OIVOP was to impose requirements on HDA'S Part IV permission that: a. HDA may not carry on any of the regulated activities in its Part IV permission; b. HDA may not release, dispose of otherwise deal with any of its assets so long as the requirement is in force; and c. HDA shall, through its officers and staff (whether acting on behalf of HDA or on behalf of any other entity), procure that assets held in accounts of HDA'S wholly owned subsidiary, HD Trustees Limited, comprising pension scheme find assets at any institution may not, so long as the requirement is in force, be released. 2. An account is held with The Yorkshire bank with the description of 'HD Admin LLP Re Joyston AA No 4', under their reference of 66705297. 3. The treatment of the money being held in that accountant is currently subject to a court application. A Directions Order dated 30 August 2013 states that certain fees are to be paid from that money during the proceedings. 4. As liquidator of HDA, I now apply for the requirements imposed by the OIVOP to be varied so that I can gain access to the Yorkshire Bank account described in paragraph 2, and carry out the directions of the Court. 5. The money will be held by me in account segregated from the liquidation pending the directions of court as to the treatment of the balance of money, at which point I will carry out those directions without further reference to the FCA. 6. I request that the variation of HDA's Part IV permission takes immediate effect. Variation of permission 7. The effect of the variation of Part IV permission being requested is that the liquidator of HD Administrators LLP will be able to access the account described in paragraph 2 with immediate effect.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company status
Liquidation
Company type
Limited liability partnership
Incorporated
1 December 2006 (19 years old)
Registered office
Westgate House 3 The Triangle, Enterprise Way Ng2 Business Park, Nottingham, Nottinghamshire, NG2 1AE

Directors and company secretaries

Name Role Born Appointed Other companies
Michele Louise King LLP designated member Jun 1973 17 Jun 2008 3 other companies

Other companies run by its director

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
3
closed down
3

In the full report: all 3 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 5 people who have ever been directors, with their dates
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Key dates in its history

HD Administrators’s history from the FCA register and Companies House, newest first.

2013

31 October 2013

  • FCA imposed a requirement (Liquidator able to access Yorkshire bank account)

FCA register

1 April 2013

  • Regulated by the FCA from this date

FCA register

2012

21 December 2012

  • FCA imposed a requirement (Court orders to Joyston 4 account to be effected)
  • FCA imposed a requirement (Liquidator able to access Yorkshire bank account)

FCA register

22 March 2012

  • FCA imposed a requirement (No disposal of or dealings with assets)
  • FCA imposed a requirement (No regulated Business)
  • FCA imposed a requirement (No release of pension scheme fund assets)

FCA register

2 March 2012

  • FCA imposed a requirement (Cease to accept all new regulated business.)

FCA register

2011

7 June 2011

  • FCA imposed a requirement (Hold and control client money.)

FCA register

2008

10 July 2008

  • Changed its registered name from "Integrity Administrators LLP"

FCA register

18 January 2008

  • Changed its registered name from "HD Administrators LLP"

FCA register

2007

26 April 2007

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

2006

1 December 2006

  • Incorporated at Companies House

Companies House

In the full report: all 25 events

  • All 25 events in its history (14 shown here)
  • Every director appointment and resignation: 5
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Firms connected to HD Administrators

Other FCA-listed firms that share a director, phone number or address with HD Administrators. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like HD Administrators

Other firms of the same type (investment platform or stockbroker), nearest first.

In the Manchester (M) postcode area

Elsewhere in the UK

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on HD Administrators

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 3 other companies its directors have run, named
  • 1 background check on its contact details
  • All 25 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is HD Administrators LLP FCA authorised?
Yes, HD Administrators LLP (FRN 465359) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since April 2007 and works as an investment platform or stockbroker. The FCA has placed 8 limits on what it may do.
Is HD Administrators a scam or clone?
HD Administrators is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with HD Administrators?
HD Administrators is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who runs HD Administrators?
Companies House lists one director of HD Administrators: Michele Louise King.
How long has HD Administrators been in business?
The company was formed on 1 December 2006. Companies House now lists it as liquidation.
Does HD Administrators use any other names?
It trades as Esoteric Investments and HD SIPP. It has previously used 2 other names: Integrity Administrators LLP and Integrity SIPP.

Sources and links

The full report on HD Administrators LLP

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