Financial Holdings (Midlands) Limited enters administration
Active Company no. 09432726 Incorporated Feb 2015 Financial Services B postcode area
224 Broad Street, Birmingham, B15 1AZ
The most recent insolvency notice for Financial Holdings (Midlands) Limited is an Appointment of administrators, published 12 November 2026 in The London Gazette. The office holders are Joe Barry (IP No. 32513) of RSM UK Restructuring Advisory LLP; Damian Webb (IP No. 14970) of RSM UK Restructuring Advisory LLP, appointed 6 November 2026. The case is before the Business and Property Courts in Birmingham (case CR-2026-000555). Its last accounts filed at Companies House, to 31 May 2024, showed total assets of £1.8m and net assets of £411k. Those accounts were filed 29 months before the first insolvency notice, so they describe the company well before the process began. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Last filed balance sheet
As at 31 May 2024 · group accounts · filed 29 months before the first insolvency notice
These are consolidated group accounts. The figures below cover Financial Holdings (Midlands) Limited together with its subsidiaries, not this company on its own. Assets shown here are not all available to creditors of this entity.
Average employees during the period: 90
Insolvency notices (1)
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Appointment of administrators 12 Nov 2026
RSM UK Restructuring Advisory LLP's Joe Barry and Damian Webb have been appointed administrators of Financial Holdings (Midlands) Limited on 6 November 2026.
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What happens next
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Quote case number CR-2026-000555 and the Business and Property Courts in Birmingham in any correspondence about the case, together with company number 09432726.
Owed money by Financial Holdings (Midlands) Limited?
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Is your own business showing the same warning signs?
What the public record showed for this company before its insolvency notice:
- Its most recent accounts were 29 months old when the first insolvency notice was published.
- Its accounts were overdue at Companies House.
Each of these is visible months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Frequently asked questions
Is Financial Holdings (Midlands) Limited in administration?
The most recent insolvency notice for Financial Holdings (Midlands) Limited (company no. 09432726) is a Appointment of administrators, published 12 November 2026 in The London Gazette. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What were Financial Holdings (Midlands) Limited's last filed accounts?
Financial Holdings (Midlands) Limited's last accounts filed at Companies House, to 31 May 2024, showed total assets of £1.8m, net assets of £411k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Financial Holdings (Midlands) Limited have?
Financial Holdings (Midlands) Limited has 1 insolvency notice recorded in The London Gazette, the most recent being a Appointment of administrators on 12 November 2026.
What happens next?
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Why did the company go into administration?
The Gazette notices record the legal steps, not the cause, so they do not say why the company failed. Its last filed group accounts, to 31 May 2024, showed net assets of £411k, so any deterioration came after those figures or is not visible in them. These are consolidated accounts covering the whole group, not this company alone. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.
How much did the company owe?
The notices do not give a figure. The closest public number is total liabilities of £1.4m in its last filed group accounts, to 31 May 2024. What was owed when the process began will differ, and is set out in the statement of affairs. These are consolidated accounts covering the whole group, not this company alone.
How many jobs are affected?
The notices do not say. The last filed group accounts recorded an average of 90 employees in the period to 31 May 2024, which is the closest public figure and may be out of date. These are consolidated accounts covering the whole group, not this company alone.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.