Company wound up following Insolvency Service investigations
- Insolvency Service investigations into Basic Prime Limited discovered concerns that the company was involved in fraud
- The company, which claimed to be based in Croydon, had no genuine business presence, contact details not in operation, and a director who failed to provide information and documents that were requested
- Basic Prime Limited has been wound up in the public interest at the High Court
A company claiming to provide financial services which received around £175,000 from a client but failed to deliver promised services has been shut down.
Basic Prime Limited claimed to provide trade finance guarantees and credit enhancement services but was suspected by…