Prince Andrew Suffers Another Embarrassing Blow As His Financial Firm Liquidates

Prince Andrew has suffered another devastating financial blow as Urramoor Limited, the firm managing his financial investments, has shut down.

Urramoor, which Andrew had “significant control over,” applied to dissolved as a company, according to documents filed to with the U.K. government last week.

It comes just one year after the investment company had been rescued by a mystery donor. This mystery donation seemed to temporarily stabilize the firm’s finances, though it proved insufficient to ensure its permanent survival.

Documents filed at the time disclosed that the firm secured £210,000 ($262,000) worth of funding in the form of non-redeemable shares in December 2023. 

The company was £208,000 ($259,000) in debt before it was granted the cash from an anonymous source. 

Andrew originally set up the investment fund in 2013, and did so under the name HRH Andrew Inverness. 

It was established nearly 18 months after his trade envoy role was revoked due to his association with late convicted sex offender Jeffrey Epstein. 

However, the firm did not make any profit in the nine years it filed ever since its creation.

In the period ending March 31, 2024, the firm’s cash on hand decreased by half.

The choice to shut Urramoor down had been signed by the company’s director Arthur Lancaster on Jan. 3. 

The accounts, which had been filed to Companies House on December 30, 2024, show the withdrawal was signed by Lancaster, on behalf of the board. 

The application to shut the company marks the end of the Duke of York’s private investment venture, which has lasted for ten years.

Andrew has had no shortage of financial problems in the last year. In November, King Charles cut financial ties with Andrew. He stopped his £1 million ($1.3 million) yearly personal allowance and ceased funding his security.

Charles’ decision also ended his support for Andrew’s private security at the $38 million Royal Lodge, which allegedly cost “a substantial seven-figure sum annually.”

Subscribe to uInterview’s free weekly email for the latest news & exclusive videos!

Let us know what you think of the story in the comments below – join the conversation!