Mazars appointed Special Administrators of Pritchard Stockbrokers Limited

Three partners at Mazars were appointed on 9 March 2012 as the Joint Special Administrators of Pritchard Stockbrokers Limited, a Bournemouth based stockbroking company.

Tim Ball and Guy Hollander are leading the special administration of the company having been appointed as part of a Court process agreed by the FSA (now the FCA).

Although some of the company's assets were sold to W H Ireland prior to the Special Administration, substantial monies due to over 11,000 clients are still being handled by the Special Administrators.

Following the CASS modification issued to the Company by the FCA in April 2018, an application to Court dated 23 November 2018 was heard by the High Court of Justice Business and Property Courts of England And Wales on 25 January 2019. The Court granted an Order prescribing a procedure by which client money held by Pritchard Stockbrokers Limited (In Special Administration) should be distributed to clients, essentially enabling the Joint Special Administrators to set a Bar date for claims and then make a final distribution of the client money pool.

Formal Notice to all clients who have not agreed their client money entitlement, inviting them, by the Bar Date of 12 April 2019, to either agree their client money entitlement or to submit a client money claim to the Joint Special Administrators, and explaining the consequences of failing to do so is available to view download on this page.

A copy of the Court Order is also available to download on this page.

Should clients hold cheques issued by the Joint Special Administrators that are older than six months from the cheque's date of issue, please review the Formal Notice which is available to view / download on this page, concerning the transfer of Unclaimed Client Monies to The Insolvency Service's Unclaimed Dividends Account ("ISUDA") and if cheques remain unbanked, contact details for ISUDA are also provided.

Further documents, including the latest six month progress report to clients and creditors can be found on this page.

For further information, please contact:

0117 928 1700, email Pritchard@mazars.co.uk  or write to:

Mazars LLP,
90 Victoria St
Bristol, BS1 6DP

Media enquiries:
Josh Voulters, National Communications Manager
020 7063 5005 Josh.Voulters@Mazars.co.uk

Where personal data is required to be processed, this will be dealt with in accordance with the Mazars LLP Insolvency Services Privacy Statement which can be accessed at: www.mazars.co.uk/Legal-and-privacy

Documentation

Notice regarding Clients’ unpresented cheques

And the transfer of unclaimed Client Monies to The Insolvency Service's Unclaimed Dividends Account.

Download pdf 152.48 kB

Notice-Bar Date (12 April 2019) for Client claims

And prescribing a client money distribution procedure and of proposed distribution of client money.

Download pdf 89.02 kB

Pritchard Stockbrokers Ltd 77 Progress Report

Progress Report 1 March 2018 - 31 August 2018 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 191.26 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 1 September 2017 - 28 February 2018 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 976.65 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 1 March 2017 - 31 August 2017 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 758.27 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 1 September 2016 - 28 February 2017 to all known clients and creditors of Pritchard Stockbrokers

Download pdf 664.14 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 March 2016 - 31 August 2016 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 828.06 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 September 2015 - 8 March 2016 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 671.31 kB

Letter: The Insolvency Service’s investigations

A letter to clients and creditors of Pritchard Stockbrokers Ltd regarding the outcome of The Insolvency Service’s investigations

Download pdf 45.73 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 March 2015 - 8 September 2015 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 757.90 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 September 2014 - 8 March 2015 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 579.00 kB

Letter - Outcome of FCA investigations

A letter to clients and creditors of Pritchard Stockbrokers Ltd regarding the outcome of FCA investigations

Download pdf 38.55 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 March 2014 - 8 September 2014 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 408.91 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 September 2013 to 8 March 2014 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 691.70 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report from 9 March 2012 to 8 Sept 2012 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 3.48 MB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 September 2012 - 8 March 2013 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 276.60 kB

Pritchard Stockbrokers Ltd Progress Report

Progress Report 9 March 2013 - 8 September 2013 to all known clients and creditors of Pritchard Stockbrokers Ltd

Download pdf 612.02 kB

LSE Default Completion Report

Default Completion Report made by London Stock Exchange to Financial Conduct Authority in respect of the prior notice of default against Pritchard Stockbrokers Limited

Download pdf 75.79 kB

Pritchard Stockbrokers Ltd Pay Out First Interim Distribution To Clients

Following the appointment of Tim Ball, Steve Wood and Rod Weston, partners at Mazars LLP, as Joint Special Administrators of Pritchard on 9 March 2012, the Joint Special Administrators are paying out the first interim distribution of 50p in the £ to clients whose client cash claims have been agreed.

Pritchard Stockbrokers Ltd - Transfer of stock subject to shortages

Summary of those stock lines subject to shortages and details of the causes, plus an explanation of how clients claim for any losses suffered.

Download pdf 18.77 kB

Joint Special Administrators' Proposals & Documentation 14 May 2012

Pritchard Stockbrokers Special Administration, documentation and proposals from the 14th of May, including proxy forms, letters and enclosures.