Godwin Capital Administration - Investor Update & How to Recover Your Funds
June 2026 Update: Administrators MHA have issued High Court claims against the directors of Godwin Capital No. 8 Ltd, with a claim value of approximately £155 million. The directors' assets have been frozen by court order while proceedings continue.
If you invested with Godwin Capital, this development does not affect your ability to pursue a separate bank reimbursement claim and quickly is an important step to recovering your funds.
Refundee is currently representing multiple Godwin Capital investors and helping them pursue recovery through UK banking regulations.
Over 2,000 investors are reported to have lost a combined total of approximately £162 million through the Godwin Capital loan note schemes.
Start your free eligibility assessment here.
We have recovered over £130 million for clients across similar collapsed investment schemes and we operate on a no win, no fee basis.
Refundee is currently offering a reduced fee for Godwin Capital clients.
Latest Update - High Court Claims and Director Asset Freeze (June 2026)
In a significant development, administrators MHA issued claims against the directors and associated companies of Godwin Capital No. 8 Ltd in the High Court of Justice on 22 May 2026. The court has granted freezing and proprietary injunctions against the directors, meaning their personal assets are frozen until the claims are determined or the court orders otherwise.
The £155 million High Court claim includes the alleged following heads of claim: breach of directors' fiduciary duties, fraudulent trading, and knowing receipt and dishonest assistance.
A formal statutory update to investors is expected by 20 July 2026.
Whilst this legal action represents a significant development, investors should be aware that High Court proceedings of this nature are typically a lengthy process.
Pursuing a separate reimbursement claim through your bank under UK banking regulations is an entirely independent route that does not depend on the outcome of the court case and does not require you to wait.
What happened to Godwin Capital Group?
Godwin Capital, linked to property development projects, marketed loan note investments offering attractive fixed returns. Investors were informed that their funds would be secured against property developments, with Blue Water Capital acting as security trustee.
The promise of property-backed security combined with fixed returns of between 10% and 17% drew in many investors.
Following the company's collapse into administration in June 2025, it emerged that investor funds had not been secured on properties as promised. Administrators identified just £5 million of assets that might be sold to repay investors.
Godwin Capital was not regulated by the Financial Conduct Authority. You can verify any firm's regulatory status on the FCA register.
Why Are Investors Concerned?
Godwin Capital Investors have raised complaints and concerns such as:
Missed or delayed interest payments on loan notes, first reported by investors in 2024
Inability to withdraw capital at maturity despite repeated requests
Funds not secured on properties as promised
Use of unregulated introducers paid significant commissions to attract investors
Lack of transparency on how investor funds were actually deployed
Administration of Godwin Capital
Godwin Capital was not FCA authorised meaning investors had fewer formal protections
Were You Introduced to Godwin Capital by a Third-Party Firm?
A significant number of Godwin Capital investors have stated they were not approached by the company directly, they were introduced through third-party adviser firms such as; Clifford Morton, Holborn Assets, APW, and Capital 3PM and others.
If you were introduced to Godwin Capital by Clifford Morton, Holborn Assets, APW, Capital this does not affect your ability to claim and Refundee can help you recover funds on a no win, no fee basis.
What To Do If You Have Invested In Godwin Capital?
If you’ve invested with Godwin Capital, taking early action can make a difference.
There are practical steps you can take to protect your position and better understand your options:
Preserve all evidence — loan note agreements, emails, bank transfer records, and all communications
Contact your bank to notify them of the situation as soon as possible
Report the matter to Report Fraud
Contact Refundee to explore your bank reimbursement options — this is separate from and independent of the administration process
We are currently speaking with affected investors as part of an ongoing investigation and helping individuals review their situations.
Start your free eligibility assessment here.
Can You Recover Money from Godwin Capital?
If you transferred funds from a UK bank account to Godwin Capital on or after 28 May 2019, you may be eligible to pursue reimbursement through Authorised Push Payment (APP) fraud rules.
If your bank is signed up to the Contingent Reimbursement Model (CRM) Code and you meet the criteria below, you might be able to claim your money back:
You made the payment from your UK bank account after the 28th of May 2019
Your payment was sent to another UK bank account
Your payment might also be eligible under the Mandatory Reimbursement Scheme (MRS) if:
You made the payment after the 7th of October 2024
Your payment was sent to another UK bank account
Start Your Claim
Refundee has extensive experience winning cases involving collapsed property investment schemes and unregulated loan notes, having recovered over £130 million for clients across cases of this type. We manage each case from start to finish — investigation, evidence gathering, bank complaint, and Financial Ombudsman Service representation where needed.
We operate on a no win, no fee basis, with a reduced fee currently available for Godwin Capital clients. Start your free recovery claim here
Read verified reviews from our clients on Trustpilot.
Refundee Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 937096).
More about Refundee
Here are the technical bits:
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
Frequently Asked Questions (FAQs)
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In May 2026, administrators MHA issued High Court claims against the directors of Godwin Capital No. 8 Ltd for approximately £155 million, incorporating breach of directors' fiduciary duties, fraudulent trading, and knowing receipt and dishonest assistance. The directors' assets have been frozen by court order. A formal statutory investor update is expected by 20 July 2026.
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Godwin Capital loan notes were investment products through which retail investors lent money to the Godwin group of companies in exchange for fixed interest returns, secured against property developments. Following the administration it emerged that the loan notes were not adequately secured on property assets as investors had been told.
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Recovery may be possible depending on how your payment was made and your individual circumstances. Some investors may be eligible to pursue reimbursement through their bank or other channels. Contact Refundee to see how we can help.
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No. Your bank reimbursement claim through UK banking regulations is entirely independent of both the administration process and the High Court claim against the directors. You do not need to wait for either to conclude.
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Recovery cases typically take around 6–12 months, but timelines vary based on the bank and complexity of the situation.
