Urramoor Limited, the private investment firm managed by Prince Andrew, has applied for dissolution just a year after receiving a significant cash injection from an anonymous donor.
Despite securing a $263,000 funding boost last December, Urramoor Limited had been operating at a loss, ultimately failing to generate profit throughout its 11-year existence.
King Charles's withdrawal of financial support raised doubts about Prince Andrew's finances, leading to speculation about his living arrangements and future financial stability.
The dissolution of Urramoor Limited comes amid ongoing challenges in Prince Andrew's financial situation, highlighting the impact of his associations and the decline of his royal privileges.
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