EXCLUSIVE EDEN CONFIDENTIAL: Mystery as Prince Andrew’s company receives £200,000 from an anonymous donor as the Duke faces the names of more than 170 of Jeffrey Epstein’s associates being released in the New Year
Prince Andrew may be facing his own nightmare before Christmas, as the names of dozens of his chum Jeffrey Epstein’s associates are set to be released in the New Year.
At least Andrew needn’t sweat it on the financial front.
I hear one of his perennially unsuccessful business ventures is finally likely to end the year out of debt — thanks to a mysterious donor’s bail out.
Indeed, I can disclose that a corporate filing published this week shows a company set up to manage Prince Andrew’s private investments has somehow secured £210,000 worth of funding in the form of non-redeemable shares.
Urramoor Limited, of which the Duke of York is listed as having ‘significant control’, incorporated in 2013 and was £208,000 in the red when latest accounts were revealed.
A company set up to manage Prince Andrew’s private investments has somehow secured £210,000 worth of funding in the form of non-redeemable shares
The names of dozens of Jeffrey Epstein’s associates are set to be released in the New Year
However, according to a recently filed share allotment document, a total of 210,402 shares, with a nominal value of £1 each, were allocated on December 14, 2023 — which just about pulls the company out of debt, providing it’s not lost even more money since 2022.
This would be a first for Urramoor, which has never been profitable in the nine sets of accounts it has filed since its creation.
The company’s director, Arthur Lancaster, also runs Doug Barrowman’s firm AML Tax Ltd, which was found to be running tax avoidance schemes earlier this year by HM Revenue and Customs.
Barrowman himself, meanwhile, faced the media spotlight this week, after a car crash interview with his wife, disgraced Conservative peer and lingerie tycoon Michelle Mone, revealed the couple stands to benefit from £60million in profits from a notorious PPE deal that she previously denied any connection with.
Andrew, 63, however, is sure to be delighted with the inexplicable investment — and would likely have a few words of advice for Barrowman, should Lancaster put them in touch.
Conservative peer and lingerie tycoon Michelle Mone revealed she and husband Doug Barrowman stand to benefit from £60million in profits from a notorious PPE deal
Urramoor company director Arthur Lancaster also runs Doug Barrowman’s firm AML Tax Ltd, which was found to be running tax avoidance schemes earlier this year by HMRC
‘We’re all cogs in a huge bloody machine, yeah?’ he reflected in a promotional interview for his other venture, Pitch@Palace.
‘Some of us have the advantage of being able to activate more cogs than other people. That’s all it is.’
A spokesman for Arthur Lancaster and Urramoor was unavailable for comment yesterday.
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