Deadhappy creditors revealed

UnderwriteMe and Shepherds Friendly listed

Cameron Roberts
clock • 1 min read

Life insurance business, Deadhappy, has revealed its creditors as part of its administrator’s statement it filed to Companies House on 30 July.

The statement shows that Deadhappy owes just over £1 million to its various creditors. This includes over £35,000 to Channel Four and over £140,000 to Meta. Its preferential creditors, those who must be paid first, are employees at the point of insolvency, who are owed over £4,000; and HMRC, owed nearly £200,000. Creditors in the protection industry include Covea Life, which Deadhappy owes over £300,000; UnderwriteMe, owed over £65,000; and Shepherds Friendly, owed over £25,000. The statement also includes the company's shareholders, whose shares are now listed as effectively value...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

HSBC Life pays out £93m in 2024

HSBC Life pays out £93m in 2024

Pay out of £15.5m for CI claims

Jaskeet Briah
clock 27 February 2025 • 2 min read
Aviva reports 42% increase in protection sales

Aviva reports 42% increase in protection sales

£375m in revenue

Cameron Roberts
clock 27 February 2025 • 2 min read
New non-exec director for Shepherds Friendly

New non-exec director for Shepherds Friendly

Oliver Laird takes the role

Cameron Roberts
clock 25 February 2025 • 1 min read