Prince Andrew’s private investment firm, Urramoor Limited, is set to be dissolved in a fresh financial setback for the Duke of York.
Documents filed with Companies House show the application to be struck off and dissolved was signed by company director Arthur Lancaster on January 3, 2025, marking the end of the firm’s decade-long existence.
The closure comes despite a £210,000 bailout from an anonymous donor in late 2023, which had temporarily stabilised the company’s finances. However, the firm, which was initially launched in 2013, failed to generate any profit throughout its existence and was already £208,000 in deficit before receiving the financial lifeline.
This development follows reports of significant financial withdrawals from Prince Andrew’s Pitch@Palace initiative, where £230,000 was removed during the last financial year, reducing its bank balance from £454,979 to £220,990.
The reason for the withdrawal remains unclear, adding to growing scrutiny over Andrew’s financial dealings.
Urramoor’s creation followed Andrew’s dismissal from his trade envoy role due to his ties to Jeffrey Epstein, and its dissolution now signals the end of the former royal’s private investment pursuits.
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