Prince Andrew suffers fresh blow as firm managing his private investments shuts down

A financial firm managing Prince Andrew’s private investments has sensationally shut down.In documents obtained by The Post, Urramoor Limited, a private investment firm that the disgraced Duke of York had “significant control over,” applied to be dissolved just a year after receiving last-ditch backing from an anonymous donor.Andrew, 64, initially set up the investment fund in 2013 under the name HRH Andrew Inverness.However, after his friendship with late financier Jeffrey Epstein came to light, the company removed Andrew from his trade envoy role.In December 2023, the company secured $263,000 in funding through non-redeemable shares from an unidentified donor.Before the mystery bail out, the firm was $260,000 in deficit, documents filed with Companies House show.Still, while the anonymous cash injection saved the struggling investment firm short-term, it was ultimately not enough to keep the company afloat long-term.Throughout it’s 11-year-long existence, Urramoor failed to generate profit, official documents show.The company’s director, Arthur Lancaster, signed off on the decision to dissolve the firm on Jan.3.

A formal dissolution process is now underway.It comes just months after Andrew’s finances were thrust into doubt.In Nov.2024, Andrew was left to his own devices after King Charles said he was no longer willing to cover his $4 million worth of personal security per year, as well as a regular cash allowance.The former working royal was poised to leave the Royal Lodge, located on the grounds of Windsor Castle, after the king refused to continue financially carrying his brother’s weight.

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However, it emerged that month that Andrew had found a financial backer at the eleventh hour �...