HDH Investment Services entered liquidation on Thursday, April 16, with Dina Devalia and Tom Parish of Quantuma Advisory appointed as joint liquidators. The firm is under investigation by the Financial Services Compensation Scheme after reports it issued unsuitable advice to customers, though the exact amount of financial losses and total number of affected customers remain unknown. HDH Investment Services had agreed to cease carrying out any regulated activity from January 20 this year, entering Creditors’ Voluntary Liquidation, but the specific reasons for the cessation are unclear.
Separately, Quiver Delivery LTD appointed liquidators on Monday, April 13, with Ian Michael Rose and Paul Mallatratt of Abbey Taylor Jones Limited taking on the role. The company, founded in August 2021, provided an emission-free delivery service focused on same-hour, same-day or next-day delivery. Quiver Delivery LTD has attracted numerous mixed online reviews regarding its service on Trustpilot, with the primary cause of its financial failure leading to liquidation not disclosed.
The total number of employees impacted by the liquidations of both companies has not been confirmed.