Adelpha Bond files accounts, says no money taken in

In November 2018 I reviewed Adelpha Capital which was offering bonds paying up to 7.6% per year via the company Adelpha Bond plc.

In June 2019 Adelpha Bond plc converted to a private Ltd company. It has now filed accounts up to October 2019 which appear to suggest it has taken no money in and made no trading activity; its accounts show nothing other than the £12,500 in paid share capital it was set up with.

Adelpha Capital’s website remains up, offering loans to small businesses, but any mention of investment offered to the public has been removed.

This would appear to suggest that Adelpha had second thoughts about joining the minibond gold rush, but if any readers know otherwise, let us know.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s