He said his company was currently unable to repay its investors as "any bit of spare money that the company has goes on the building sites". He also invested a further £140,000 into Wroxhall Abbey in Warwick, which Signature reportedly acquired in August. In a statement to the ECHO earlier this week, a spokesman for Signature Living said "reshaping" the business would mean investors getting their money back. "I actually travelled over to Liverpool six weeks ago and spent two days with Lawrence and his team. That included in September, when, having demanded a full refund, she claims she was told by Signature Living they would return it “shortly”. Sometimes they’ll include recommendations for other related newsletters or services we offer. At the time Mr Kenwright told the ECHO that only a small number of his 1,000 investors have ever had any problems and insisted the company was communicating with its investors. One man is worrying because he hasn't told his wife but Signature Living boss Lawrence Kenwright urged investors to trust him, Get the Echo newsletter - it has never been more important to stay informed. Lawrence Kenwright reveals plans to sell 30 James Street and The Shankly: But Ms Horton suffered a collapsed lung on October 2, so action since then has been difficult - and she’s still not seen a return. "As we have previously stated, we are reshaping the business by selling some of our assets to insure all of investors are fully repaid and Signature Living can fund itself via its own profits. The Shankly Hotel, Victoria Street. As is widely known, Mr Kenwright also has an expansive portfolio of properties outside of Liverpool, including in Cardiff, where devastated investors spoke out earlier this week about being owed “thousands”. "I met with Lawrence for a few hours and he explained the situation and that he was working day and night to get a resolution for all investors. The Shankly Hotel, Victoria Street. He originally invested two payments of £50,000 in Signature's flagship Liverpool hotel, The Shankly in 2018. Signature Living is a profitable business with a solid and secure future ahead.”. People need to be wary of investing in Signature Living.”. “I was investing this money for my kids. It is our intention to sell or refinance many of these various sites over the coming months to ensure our investors gain their return in full. They said they’ve sent countless requests to receive the money back, and have demanded the full amount - but have not received any return on investment since September 2018. She said: "I was fed up of never receiving any investment returns - I didn't get a single penny - so I decided I wanted out. Signature Living took on the old Coal Exchange building after Cardiff Council deemed the building unsafe and invoked emergency powers to make it safe. He explained why he recently became concerned about his sizeable investments. The company's owner Lawrence Kenwright this weekend told the BBC that investors would eventually get their money back and asked them to trust him. I have not been paid any ROI since last September.". "I have 2 units at the Shankly Hotel.
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