A firm managing Prince Andrew's private investments has shut down in a fresh blow to the shamed Duke. Urramoor limited, which Andrew, 64, had 'significant control over' has applied to be struck off and dissolved, documents filed to Companies House this week show. It comes just a year after the investment company was bailed out by a mystery donor. Urramoor somehow secured £210,000 worth of funding in the form of non-redeemable shares in December 2023, documents filed at the time revealed.
The company was £208,000 in the red before it received the cash from an anonymous source. Prince Andrew initially set up the investment fund under the name HRH Andrew Inverness in 2013. It was established around 18 months after his trade envoy role was taken off him due to his association with Jeffrey Epstein. But the company failed to make any profit in the nine sets of accounts it filed since its creation. Prince Andrew attends the Endurance event on day three of the Royal Windsor Horse Show in Windsor Great Park on May 12, 2017 Royal Lodge in Windsor Great Park, the home of Prince Andrew The Duke of York The decision to shut Urramoor down was signed by the company's director Arthur Lancaster on January 3. MailOnline has contacted the Duke of York for comment. The news comes just days after it was revealed that more than £230,000 had been pulled from Prince Andrew's Dragon's Den-style initiative Pitch@Palace - which is also run by Mr Lancaster. During the financial year up until March 31, 2024, the amount of cash at hand and in the bank at the firm decreased by half, from £454,979 to £220,990. The accounts, which were filed to Companies House on December 30, show the withdrawal was signed by Mr Lancaster, on behalf of the board. However, mystery surrounds what the money has been used for or to whom it has been paid. It comes amid concerns about the future of the Duke of York's Pitch@Palace scheme after it emerged that a former boss at the company was an alleged sp
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