Pentagon (UK) Ltd
In administration 13 June 2019
Pentagon (UK) Ltd was placed into administration on 13 June 2019. Stephen Katz and Paul Appleton of David Rubin & Partners, have been appointed as joint administrators.
Pentagon (UK) Ltd used the trading style MoneySave Solutions, providing debt management services to its customers.
The administrators intend to carry out an orderly wind down of the business and will shortly be writing to the customers of the firm to notify them of their appointment as admiinistrators and provide details on what happens next.
04 Jul, 2019
Although the firm is in administration FSCS is not accepting claims against Pentagon (UK) Ltd. FSCS protection for debt management companies is limited to the money that these firms hold on behalf of their customers. At this time the administrators do not think that there is any shortfall in client money. The administrators intend to keep the company running for a period and any client money held by the Pentagon (UK) Ltd will either be passed on to creditors or returned to customers.
If customers have any questions about their debt management plans they should contact the administrators on 01234 836550.
Customers can also get free and impartial guidance from the Money Advice Service by calling 0800 138 7777 or by visiting the Money Advice Service's website.