The way forward for Baroness Michelle Mone’s cryptocurrency-backed peer-to-peer platform is unclear.
The lingerie tycoon (pictured) launchedtogether with her enterprise capitalist accomplice Doug Barrowman to assist construct a platform that might let retail traders purchase stakes in or lend to early-stage companies utilizing Equi tokens.
However Firms Home paperwork recommend a minimum of one of many companies arrange on the identical time has been dissolved and one other is dealing with a strike-off motion.
The platform was initially known as Equi earlier than placing its ICO on maintain throughout the summer season of 2018 to shift from a UK to a world focus and rebrand as Equi International.
Apple co-founderhowever nothing public has been introduced since.
As of September 2019, theIt promised that additional particulars shall be revealed quickly.
However emails to the e-mail handle on its web site bounced again this morning (27 April).
Firms Home paperwork present that Equi International, which lists Barrowman’s son Andrew as the only real director, is six months late submitting its 2019 accounts.
A strike-off discover was added to its Firms Home itemizing on April 20 that warned the corporate can be faraway from the register inside two months “except trigger is proven on the contrary.”
One other enterprise arrange in September 2019 with Andrew Barrowman as director, Equitable Capital Companions, was dissolved final month after receiving a obligatory strike-off motion from Firms Home in December 2020.
A 3rd enterprise, Equi Capital Companions, nonetheless seems to be energetic on Firms Home.
Its final exercise was to file a affirmation assertion in September 2020.
Andrew Barrowman is its solely director.
A spokesperson for Baroness Mone mentioned she has nothing to do with the day-to-day working of Equi and added that Equitable Capital Companions has nothing to do with Equi.
The late accounts have been as a result of workplaces being closed due to the pandemic and employees being contaminated, the spokesperson mentioned.