The 79th GRP Limited is in Administration. Here's What Happened.

The 79th GRP Limited, company number 12783409, has been in administration since 24 April 2025, according to Companies House. Licensed insolvency practitioners now control the company in place of its directors. Loan note holders' claims are dealt with through the administration, and the administrators report to creditors on its progress, usually every six months.

Key facts

• Company: The 79th GRP Limited
• Company number: 12783409, England and Wales
• Status: In administration. Not trading
• Administration started: 24 April 2025
• Administrators: Andrew Stoneman and Robert Goodhew (Kroll); Jeremy Woodside and Tracey Pye (Quantuma)
• Progress reports filed: 24 November 2025 and 2 June 2026
• Official record: Companies House

If you invested in the 79th Group, the last year has probably been stressful. Payments stopped, news stories appeared, and the legal words kept piling up. This guide explains the 79th Group administration in plain terms.

According to Companies House, The 79th Grp Limited (company number 12783409) has been in administration since 24 April 2025. In short, the administrators now control the company's affairs and assets instead of its directors.

Below, you will find what administration means, a timeline of events, and what has been reported. You will also see what happens next and what you can do now.

What does "in administration" mean for the 79th Group?

Administration is a UK insolvency process designed to help deal with a financially distressed company and protect creditors' interests. A licensed insolvency practitioner takes control of the company. Their job is to protect the company's assets and look after creditors as a whole. They also try to get the best result they can for those creditors.

The administrators take control of the company's affairs and assets and report to creditors on the progress of the administration.

Who are the administrators appointed for The 79th GRP Limited?

Companies House lists four insolvency practitioners for The 79th Grp Limited:

Andrew Stoneman and Robert Goodhew, based at Kroll in London Jeremy Woodside and Tracey Pye, based at Quantuma in Manchester

The registered office moved from Southport to Manchester in May 2025, according to Companies House. Please note that the 79th Group has many companies. Different companies within the wider 79th Group have had different insolvency practitioners appointed. So check which company issued your loan note. Then check who its administrators are.

What happened, and when?

Many events overlapped, so a timeline is the easiest way to follow them.

FCA referral to police (September 2024)

The FCA says it shared its concerns about the 79th Group with law-enforcement agencies. City of London Police agreed to investigate in September 2024. In its February 2026 response, the FCA said it continued to support the police investigation. FCA: police referral and investigation

City of London Police announcement and arrests (February to March 2025)

On 28 February 2025, City of London Police announced an investigation into the group and appealed for investors who may have been affected to come forward. The police said the group was believed to be offering loan notes with high interest over a fixed period.

City of London Police said searches were carried out and cash was seized during the investigation.

Administration (spring 2025)

Companies House shows that The 79th Grp Limited entered administration on 24 April 2025. Other group companies were also placed into administration around the same time.

Several key documents were then filed:

1. 14 July 2025:the administrators' proposals
2. 20 August 2025:the result of the creditors' meeting
3. 24 November 2025:the first progress report

FCA/PSR letter to banks (October 2025)

The FCA confirms that a letter to stakeholders, including banks associated with the 79th Group, was sent jointly by the FCA and Payment Systems Regulator in October 2025. The earlier October/November 2024 dates appear in the FOI request, not in the regulator's answer. FCA: date of the joint FCA/PSR bank letter

Later developments (late 2025 to 2026)

The story did not end there. Here is what has been reported since:

Reports state that the High Court granted a worldwide freezing order relating to the directors' assets in late 2025. On 29 April 2026, a notice was filed to extend the administration. Insolvency Insider reported that the relevant administrations had been extended and could now run until April 2028. A second progress report was filed on 2 June 2026. In June 2026, TheBusinessDesk reported that eight more companies linked to the group had entered administration.

What has been reported, and what is confirmed?

It is important to separate claims from proven facts. So let us be careful here.

What has been reported:

Reports of court proceedings state that lawyers representing the administrators alleged that around £200 million in company assets had been misappropriated. The administrators' application states that approximately 3,700 investors were owed a future redemption value of around £203 million as at 23 April 2025 across the fundraising entities it describes. These are wider-group figures, not established liabilities solely of The 79th Grp Limited. Administrators' application: fundraising-entity figures

What the group says:

The directors have denied wrongdoing, according to reports. Some people linked to the group have also asked the courts to review how police obtained search warrants.

What is confirmed:

City of London Police reported four arrests. The sources cited in this guide do not report that those individuals have been charged or convicted. Companies House shows the company is in administration. That is a legal status. It is not a finding of wrongdoing.

In other words, serious allegations exist, but the legal process is still going on. These figures also come from news reports and the administrators' statements. Please read the original reports before you rely on any number.

What happens next?

Administrations of this size are slow. Here is what you can expect.

First, the administrators must send progress reports. These usually come about every six months. Companies House shows the 79th Grp Limited reports arrived in November 2025 and June 2026.

Second, the administrators are investigating the company's financial affairs and tracing assets and transactions as part of the administration. Reports indicate that funds moved through multiple bank accounts, which can make tracing transactions more complex.

Third, the administrators may start legal action to recover money. Any money recovered is then shared out under the legal order of payment. Administration expenses are generally paid from the company's assets before distributions to creditors. The priority of individual claims depends on the applicable insolvency rules and the terms and security attached to each loan note.

The honest message is that recovery is uncertain and will take time.

What can you do now?

You cannot control the legal process. However, there are some practical steps that will help you.

1. Find your company.Check your loan note agreement. Note which 79th Group company issued it.
2. Gather your papers.Keep your agreement, proof of payment, emails and statements together.
3. Contact the administrators.If you hold a loan note, check your agreement and the administrators' instructions to confirm how your claim should be submitted. Send your name, amount invested and agreement date to the administrators of your company. Do this for each company if you hold notes in more than one.
4. Talk to your bank.Some investors may be able to claim back money paid by bank transfer. The UK's APP fraud reimbursement rules apply to eligible payments made on or after 7 October 2024, subject to the scheme's conditions and exclusions. Eligibility depends on your case, so ask your bank directly.
5. Be careful with offers of help.Recovery scams often target people who have already lost money. Do not pay anyone upfront for a promise to get your money back.

One more point is worth knowing. In July 2025, the government stated that it does not provide compensation for failed firms outside the Financial Services Compensation Scheme. You can read the full written answer on the Parliament record.

How can you check the status yourself?

You do not need to rely on news stories. Companies House is free, and it is the official record. Here is how to use it:

1. Go to the Companies House page for The 79th Grp Limited.
2. Check the company status.It currently reads "In Administration".
3. Open the Insolvency tab to see the case start date and the practitioners.
4. Open Filing history to read the latest progress reports.

The Gazette also publishes formal insolvency notices. Remember that Companies House does not check the accuracy of what companies file. Still, Companies House provides the official public company record and is a useful starting point for checking the company's status and filings.

Stay ahead of 79th Group updates

Check the official sources for new filings, notices and court information. Reports and monitoring options through InteliCo depend on the investment you register, available evidence and the service level you choose.

Register your investment with InteliCo to see the available reports and monitoring options.

Related on InteliCo: The 79th GRP Limited record