What Was Avora Capital?
Avora Capital was an unregulated investment vehicle promoted primarily through Sterling Woodrow, a property investment introducer. Investors were told their money would be used to acquire properties let to housing associations on long-term leases, generating returns of up to 18% per annum. The investment was presented as being stable and socially beneficial to help ease the UK’s chronic social housing shortage.
In return for their capital, investors were issued shares, with a trustee said to hold a first charge over all assets in the portfolio. However, this security arrangement appears to have offered investors very little practical protection.
The minimum investment was £35,000 Sterling Woodrow which has meant most victims have suffered significant financial losses.
Why Are Investors Raising Concerns?
Reviews from investors paint a troubling picture. Many report being unable to retrieve their funds for more than two years, with no meaningful communication from the company and no response to enquiries. There have been very negative Trustpilot reviews.
Quarterly returns stopped being paid in 2024, and Sterling Woodrow, the firm that introduced many investors to the scheme, has since been dissolved.
Control of the company was taken over by Ullcom Limited. Many investors say that they have also had problems contacting Ullcom.
Who Was Involved with Avora Capital?
Avora Capital — the investment vehicle issuing shares to investors
Sterling Woodrow — the unregulated property investment introducer (now dissolved)
Ullcom Limited — the successor company that took over Avora Capital
Mandaris — a trustee company based in Malta, said to hold security over the portfolio
Richardson Hartley Law is able to offer investors no win, no fee agreements with capped fees.
If you are concerned that you have lost money to Avora Capital contact us today for help.