Andrew Mountbatten-Windsor has applied to dissolve Pitch@Palace Global Limited, the entrepreneurial platform he established in 2014.
The dissolution request was filed with Companies House on Tuesday, bearing the signature of Arthur Lancaster, who serves as the company’s sole director.
The venture was designed to bridge the gap between start-up founders and potential investors, mentors and industry leaders.
According to the former prince, the initiative had facilitated the creation of 3,000 jobs since its inception.
Andrew Mountbatten-Windsor finally shuts down charity after losing royal titles
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Companies House records indicate that Andrew, listed at Royal Lodge, Windsor, maintained “significant influence or control” over the enterprise.
The enterprise began unravelling following Andrew’s withdrawal from public duties in 2019, after his controversial BBC Newsnight appearance, where he faced questions about his relationship with convicted sex offender Jeffrey Epstein.
Major corporate partners, including Barclays, KPMG and Standard Chartered, severed ties with the project. The UK division ceased operations whilst international activities continued until now.
Financial records revealed the company held £10,965 in cash by March’s end, a sharp decline from £220,990 12 months earlier.
Andrew posing with entrepreneurs from around the world during a Pitch@Palace event in 2018
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Further controversy emerged when Yang Tengbo, founding partner of Pitch@Palace China and reportedly a close associate of Andrew, was identified as an alleged spy and subsequently banned from entering the UK by the Home Office.
The dissolution comes weeks after King Charles formally removed his younger brother’s royal titles, styles and honours on October 30, citing his connections to paedophile financier Jeffrey Epstein.
Andrew has consistently denied allegations made by Virginia Giuffre, one of Epstein’s victims, who died by suicide in April.
Fresh scrutiny emerged last week when Congress summoned the former prince to testify about his knowledge of Epstein’s activities.
Princess Beatrice with Edoardo Mapelli Mozzi at a Pitch@Palace event in 2019
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Democrat members of the House Oversight Committee stated in their letter: “Well-documented allegations against you, along with your long-standing friendship with Mr Epstein, indicate that you may possess knowledge of his activities relevant to our investigation.”
The congressional request seeks a response by November 20, but it cannot compel cooperation.
The former prince will vacate Royal Lodge in Windsor Great Park and relocate to a privately-funded residence on the King’s Sandringham estate in Norfolk. Palace officials have not specified which property Andrew will occupy.
Wood Farm, Prince Philip’s former secluded residence, where he spent his final few years, is thought to have been ruled out as an option.
Andrew secured a 75-year lease on Royal Lodge in 2003 for £1million, paying minimal rent over two decades. His departure marks another significant change following the loss of his royal status.