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Brokerage appoints liquidators


Concern

Financial intermediation firm Loan Link Limited appointed liquidators toward the end of December.

The Cardiff-based firm’s principal activities were brokering loans and arrears management services for its parent company Nemo Personal Finance. 

Principality Building Society acquired Loan Link Limited and formed second charge lender Nemo Personal Finance in 2004.

Last February, second charge lender Nemo Personal Finance ceased new lending after it had failed to find a buyer. 

Loan Link Limited appointed John Dean Cullen and Bethan Louise Evans, both of Menzies LLP, as its liquidators on 23rd December 2016. 

This followed a written resolution by Loan Link Limited that it would be wound up voluntarily. 

A notice to creditors was also issued, requesting them to send their names, addresses and the particulars of their debts or claims to the liquidators, on or before 3rd February. 

Menzies LLP has stated that all known creditors have been or will be paid in full. 




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