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London Mint Office Enters Administration

Alvarez & Marsal have taken control, inviting claims on stock and assets and leaving local workers and creditors facing uncertainty.

Overview

  • Joint administrators Michael Magnay and Jonny Marston of Alvarez & Marsal were appointed on 31 July 2026 to manage The London Mint Office's affairs.
  • The administrators are asking anyone with an interest in the company's stock or assets to contact them at INS_THLMOL@alvarezandmarsal.com as they assess options for the business.
  • Available company records list 248 employees in 2024 while the firm's LinkedIn page shows 51–200 staff, creating uncertainty about the exact number of local roles exposed at the Tonypandy processing centre.
  • Local reporting has suggested as many as 160 jobs could be at risk, but administrators have not confirmed redundancies and no rescue or sale has been announced.
  • The London Mint Office, founded in 2006 and owned by Norway's Samlerhuset AS, is a private distributor of commemorative and collector coins and is not connected to the state-owned Royal Mint.