Andrew Watling and Kelly Mitchell, insolvency practitioners of business advisory firm Quantuma have been appointed as joint administrators of One Life Funeral Planning Ltd.

Incorporated in December 2020, Sheffield-based OLFP had two directors, Ryan Adams-Mills and Richard Brewster, and offered around 14,000 customers a variety of funeral and cremation plans on both a prepaid and payment by instalment basis.

Businesses operating in the pre-paid funeral plan sector became subject to FCA regulation on 29 July 2022 and OLFP were one of a number of providers who were unsuccessful in obtaining FCA approval.