G******* St Flat, Llandudno (3083003938) DEFAULT Partial Rec

Agreed, this is another partial repayment of capital.

My involvement in this loan is as follows

14/8/2017    Purchased £25
29/9/2017    Capital £2.35, interest £0.04 repaid (loan A)
21/12/2017    Capital £11.58, interest £0.55 repaid (loan B)
18/7/2018    Capital £3.04, interest £0.37 repaid (loan C)
28/2/2020    Capital £3.84 repaid (loan D)

Remaining capital is indicated as £4.18 & remaining interest is £1.39

Hopefully, there'll be more to come.

I'd rather they opened the withdrawal tap, its the end of the tax year approaching & I'd like to withdraw my thousands
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It`s over 4 months since FS entered Administration, I emailed the Administrators in January asking when funds could be withdrawn. The reply was:

"As outlined in the Joint Administrators proposals, we are seeking definitive legal advice from a specialist Leading Counsel on the release of funds.

The advice will then be submitted to the Creditors Committee to review. Investors and creditors will be updated in due course.

The Administrators have suspended the online account system whilst we undertake a review of the Company’s assets and liabilities. For more information, please visit the FAQ’s that have been put together and can be accessed from the link below:) 
cg-recovery.com/wp-content/uploads/2020/01/FSL-FAQs-on-Appointment-19.11.19.pdf


So, the money is not guaranteed to be returned to investors! Another concern now the end of the tax year is close is the Administrators statement on the website?
"It has come to the Joint Administrators’ attention that there may be issues with the Tax Statements which appear in Investors Accounts. You must note that Tax Statements CANNOT be relied upon for tax purposes.)