The former Prince Andrew faces a significant professional setback as one of his most prominent business ventures is officially shut down, coinciding with his impending relocation from a royal residence to a more modest property.
Business Dissolution Confirmed
Pitch@Palace, launched in 2014 as an accelerator and incubator firm where entrepreneurs could present their ideas to potential investors in a format reminiscent of Dragon's Den, will be formally dissolved on February 3 according to documents filed with Companies House. The UK side of the operation had already seen an application for dissolution submitted in November, signed by the company's sole director Arthur Lancaster.
Gradual Decline of Operations
Andrew's company effectively halted its activities around late 2019, with the UK division ceasing operations in 2021. However, Pitch@Palace Global continued to function internationally until recently. Dutch firm Startup Bootcamp expressed interest in acquiring the initiative, but negotiations ultimately collapsed in 2025.
Financial records reveal a stark decline in the venture's resources. Most remaining funds have been withdrawn over recent years, with the latest accounts showing just £10,965 at the end of March, a dramatic decrease from £220,990 the previous year.
Connection to Royal Circumstances
According to sources speaking to The Sun, a friend of Mr Mountbatten-Windsor indicated that "Pitch@Palace Global had a slow and inevitable death but proved impossible to resurrect after he was stripped of all royal titles. It was for many years one of Andrew's proudest achievements but with it finally wound-up, his impending exile is looking to be not just a fresh start but also retirement."
Concurrent Residential Transition
This business closure coincides with Andrew's preparation to vacate Royal Lodge after receiving an eviction notice from King Charles last year. He is scheduled to move into Marsh Farm, a considerably smaller five-bedroom property located on the Sandringham Estate, in the coming weeks.
Insiders report that Andrew has expressed dissatisfaction with his new accommodation. Royal commentator Rob Shuter relayed that the former prince described the house as being "in the middle of nowhere," with one source noting: "The moment he walked in, his face dropped. He thought it was beneath him. Too small, too isolated — he actually called it the middle of nowhere."
Background Context
Andrew was compelled to relinquish his Windsor home, Royal Lodge, after revelations emerged that he had been paying a 'peppercorn rent' for the £30 million property. The former prince lost his royal titles last year following the posthumous publication of Virginia Giuffre's memoir Nobody's Girl, which contained allegations against several prominent public figures including Andrew. He has consistently denied all allegations made against him.
The dissolution of Pitch@Palace represents not merely the end of a business venture but symbolizes a broader transition in Andrew's life as he moves from royal privilege to a more constrained existence, both professionally and residentially.
