Nick Vermeulen and Zelf Hussain have been appointed joint administrators of Stanley Gibbons Guernsey Limited, an entity of Stanley Gibbons Group plc on 21 November 2017.
Stanley Gibbons (Guernsey) Limited’s primary business was as a seller of investment contracts into stamps and other philatelic items. The company has ceased to trade with immediate effect, but rights under existing investment contracts remain and will be dealt with through the administration.
Immediately on appointment, the administrators took steps to determine investors’ rights and took control of all collectibles held under contract. All existing storage, security and insurance arrangements have been preserved.
Stanley Gibbons Group plc and remaining entities have not been placed into administration and continue to trade as normal.
On 2 April 2019, the Company moved to Liquidation and Nick Vermeulen and David Baxendale were appointed joint liquidators.
If you have any queries, please contact the SGG Insolvency Management Team on firstname.lastname@example.org.
Nick Vermeulen and David Baxendale of PricewaterhouseCoopers CI LLP and PricewaterhouseCoopers LLP respectively have been appointed as joint liquidators of Stanley Gibbons (Guernsey) Limited on 2 April 2019 ("the Joint Liquidators"). The Joint Liquidators are authorised to act as insolvency practitioners in Guernsey by the Institute of Chartered Accountants in England and Wales and are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics
The Joint Liquidators may act as controllers of personal data as defined by UK data protection law depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Liquidators. Personal data will be kept secure and processed only for matters relating to the Joint Liquidators’ appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Liquidators.
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