Woodville Consultants Ltd: Administration Update and Help for Investors

Last Updated: 11/11/2026

Woodville Consultants Limited, which traded as Woodville Litigation Funding, has been in administration since 16 July 2026. Its administrators at Kroll believe it raised more than £300 million from investors through loan notes, yet it had just £254,734 in the bank when they were appointed.

Refundee has now secured £219,000 in reimbursements for two Woodville Consultants (Woodville Litigation Funding) investors,and we are pursuing further claims on behalf of other Woodville clients.

If you invested in Woodville loan notes and paid by bank transfer, you may also be able to claim your money back from your bank. Start Your Claim.

Below we cover the key findings so far, what they mean for investors and what you can do now. The administrators' investigations are ongoing, and no court has made findings of wrongdoing against Woodville or its directors.

What was Woodville?

Based in Pontypridd, Woodville raised money from individual investors through unregulated loan notes paying fixed quarterly returns, reportedly of up to 12% a year. It said it lent that money to law firms to fund consumer claims, mostly motor finance commission claims, and said it had funded more than 300,000 claims since 2019.

The model depended on law firms repaying Woodville as claims settled. When payments to investors stopped, a group of investors with unpaid loan notes asked the High Court to place the company into administration. Prior to its insolvency, Woodville cited the ongoing delays to the Motor Finance redress scheme as a key reason for the failure. While this did appear to be a plausible reason, the allegations so far suggest that this is not what happened. 

Latest update from the administrators

Robert Goodhew and Andrew Stoneman of Kroll were appointed as joint administrators on 16 July 2026. Their statement of proposals, published in September, concludes that rescuing the business is not practicable and puts unsecured creditor claims at £298.68 million.

The administrators expect a significant shortfall between what they can recover from the law firms Woodville lent to and what investors are owed. Loans to only one law firm appear to have been secured, and they say no reliable estimate of the loan book's value can yet be made. It therefore looks very unlikely that investors will be made whole under this process and other options should be considered. 

Key concerns under investigation

Several findings raise serious questions. They remain under investigation, and the directors are reported to deny any dishonesty.

• New money may have paid earlier investors. The administrators are investigating these allegations. Early inquiries suggest a remarkably small amount was actually lent to law firms, raising questions about how the returns were to be generated.
• More money paid on marketing than to law firms: The Times reports the administrators' early analysis suggests commission paid to promoters was roughly double the amount lent to law firms. This would be a concerning indicator if correct, as it would call into question whether the business was ever operating at a scale which could reasonably have made returns to investors. 
• £37 million is owed by connected parties. This includes £17.6 million paid to Integrity Protect No 1 Limited, which has the same directors and shareholders as Woodville. The administrators say the directors have yet to answer basic questions about how investor funds were used.
• The FCA had already intervened in relation to another of the directors’ businesses. In 2022, it restricted Integrity Protect and told it to direct Woodville to stop promoting investments. The Times reports Woodville kept raising money afterwards.
• A promised funder has not been found. In June 2026, investors were told Woodville was "finally live" with a new funder. The administrators have found no record of any such arrangement.

What this means for investors

Loan note holders are unsecured creditors, so they are paid only after the costs of the administration and any secured or preferential creditors. On the figures so far, any return through the administration is likely to be minimal, if there is any return at all and could take years.

Other safety nets look limited. The administrators say the Talisman performance bonds sold to some investors do not cover money Woodville owes them. And because Woodville was not authorised by the FCA, investors are unable to pursue the FSCS route against the company itself, a point the FCA made when it named Woodville in its 20 August 2026 warning on loan notes.

A complaint about how your bank handled your payment is a separate matter, and for many investors it may be the most realistic route to recovery. While some firms are falsely claiming to be taking action against the directors or connected parties, this remit sits with the administrators. 

Important to note: The administration process does not affect your ability to claim through your bank and both processes can run alongside each other.

What you can do now - UK Investors

1. Check your bank claim deadline. If you paid from a UK bank account on or after 7 October 2024 and the payment qualifies under the Mandatory Reimbursement Model, you must report it to your bank within 13 months of your last payment. You do not need to wait for the administration to finish, even if your bank tells you that.
2. Register your claim with Kroll and keep all correspondence from the administrators.
3. Keep your evidence, including loan note agreements, bond documents, bank statements and messages with whoever sold you the investment.
4. Be wary of recovery scams offering to get your money back for an upfront fee.

How Refundee can help

If you sent money to Woodville from a UK bank account, Refundee may be able to help you claim through your bank under the Authorised Push Payment (APP) rules, and through the Financial Ombudsman Service if your bank refuses.

We specialise in this kind of claim and have recovered over {{money-recovered-text}} for our clients, with a large share coming from group action cases involving loan notes and similar investments. 

Complex, large-scale investment collapses such as Woodville are where real expertise and specialism matter to your chances of success. Refundee is the only company with a track record of achieving large reimbursements in these cases and we've recovered over {{money-recovered-text}} for victims of fraud. Every case is different, and we cannot guarantee that a claim will succeed. What we can do is give you a clear, honest view of your options. You can read more about the importance of choosing the right firm to handle your claim here.‍

You can also read more about your options for recovering your money and the steps to take to check.

We work on a no win, no fee basis, so you only pay if we recover money for you. We charge 15% + VAT, subject to a cap of £10,000 + VAT and you only pay once you have your money back. You also have the right to claim yourself for free if you prefer.

Start your free eligibility check or call us on 020 4525 4600.

Refundee Ltd is authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity (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.