- The House Crowd

Investor Update, 30th March 2023 – Notice of Upload of Documents – Court Proceedings

Dear Investor,

Further to our previous investor update on 24th March 2023, this email is to inform you that the following further document has been uploaded and is viewable at the link provided:
Sealed Application Notice - click here to download the PDF

Should you have any questions then please direct these to [email protected] but please note that the Office Holders are not able to provide legal advice.

Kind regards.
The Joint Administrators
The House Crowd Limited

On 24 February 2021, with the consent of the FCA, the directors of The House Crowd Limited (“The House Crowd” or “the Company”) placed the Company into Administration and appointed Frank Ofonagoro, Jeremy Woodside and Frank Wessely of Quantuma Advisory Limited as Joint Administrators, due to the financial issues that the Company was facing. Investors should note that following House Crowd Finance (Security Agent) Limited, House Crowd Finance Limited & House Crowd Property Management Limited entering Administration on 25 February 2021, these entities have now all converted from Administration to Liquidation as of 1 March 2023 with Frank Ofonagoro, Jeremy Woodside and Frank Wessely (“the Office Holders”) acting as Joint Liquidators with The House Crowd Limited remaining in Administration. The Office Holders priority remains to secure the best possible outcome for all parties. Wherever possible, that includes the repatriation of client monies, completion of existing development builds, orderly wind down of loan books, and ultimately protecting the interest of investors and creditors.
This website will continue to be used to provide investors and creditors with information and is being updated when information becomes available.
Should you wish to contact the Office Holders directly, they can be contacted as follows:
email: [email protected]
write to: The House Crowd Limited – In Administration, C/O Quantuma Advisory Limited, Third Floor, 196 Deansgate, Manchester, England M3 3WF
With large volumes of enquiries still being received, the Office Holders thank you in advance for your continued patience and cooperation.
The affairs, business and property of The House Crowd Limited are managed by the Joint Administrators, who act as agents of the company and contract without personal liability. Frank Ofonagoro is licensed in the United Kingdom to act as an Insolvency Practitioner by the Insolvency Practitioners Association. Jeremy Woodside and Frank Wessely are licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England & Wales.

This update (and the associated downloads) is intended for, and should only be read by, you the account holder(s). Its contents are confidential. Any reproduction, dissemination, copying, disclosure, modification, distribution and /or publication of this message without our prior written consent is strictly prohibited.

The House Crowd Limited – In Administration
C/O Quantuma Advisory Limited
Third Floor
196 Deansgate, Manchester, England M3 3WF
United Kingdom