25 failed finance firms list published by FSCS
The Financial Services Compensation Scheme has revealed a list of another 25 failed finance firms this morning.
Consumers could be in line for compensation after the FSCS declared the companies in default.
A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation.
Since its inception, FSCS has helped over 4.5m people, paying out more than £26bn in compensation.
Mark Oakes, head of communications at FSCS, said: “FSCS protects consumers around the UK when authorised financial services firms go bust. It protects your deposits, investments, home finance and insurance, and it’s free for consumers to use. Our message to anyone who believes that they may be owed money as a result of their dealings with any of these firms is please get in touch as we may be able to help you.”
Declarations by FSCS from 1 August to 30 September
EAST
Investments
Ashdale Independent Financial Services Limited, 32 ASHDALES, ST. ALBANS, HERTFORDSHIRE AL1 2RB
Finansec Limited formerly Finsure Limited ta Finansec Green, Finansec Mortgages, Sportsec, 223-225 HIGH STEET, EPPING, ESSEX CM16 4BL
Life and Pensions
DB Financial Advice Limited, SUITE 121 COMMUNICATIONS HOUSE, 9 ST JOHN STREET, COLCHESTER, ESSEX CO2 7NN
LONDON
Investments
Chelster Financial Services, 36 SANDY LODGE WAY, NORTHWOOD, MIDDLESEX, HA6 2AS
Choices - Your Mortgage Solutions Limited, CLARENDON BUSINESS CENTRES, KINGFISHER HOUSE, 21-23 ELMFIELD ROAD, BROMLEY, KENT BR1 1LT
Duke Street Advisers Limited, 126 GREAT PORTLAND STREET, LONDON W1W 6PZ
NKP Financial Solutions Limited, 234 OLD LODGE LANE, PURLEY, SURREY CR8 4AP
MIDLANDS
Life and Pensions
Essential Mortgage Solutions Limited, 181 WALSALL ROAD, GREAT WYRLEY, WALSALL, WEST MIDLANDS WS6 6NL
Cedar Lawns Associates LLP, CEDAR LAWNS HOUSE, CHURCH STREET, BURBAGE, HINCKLEY, LEICESTERSHIRE LE10 2DE
Investments
Wealth Management (UK) Limited, DE MONTFORT HOUSE, 14A HIGH STREET, EVESHAM, WORCESTERSHIRE WR11 4HJ
Financial Solutions Today LLP formerly McNamara & Garwolinski trading as Financial Solutions LLP, UNIT 2, VICTTORIA WORKS, VITTORIA STREET, BIRMINGHAM, WEST MIDLANDS B1 3NU
SOUTH EAST
Home Finance
P Foreman (deceased) t/a David Foreman & Co, 25 LADIES MILE ROAD, BRIGHTON, EAST SUSSEX BN1 8QE
Colin Speck (deceased) t/a Colin Speck, 9 COLLEGE ROAD, NORTH BUSINESS PARK, ASTON CLINTON, BUCKINGHAMSHIRE HP22 5EZ
Hill Finance, 54A PORTSWOOD ROAD, SOUTHAMPTON, HAMPSHIRE SO17 2FW
Investments
Leslie & Nuding, RIVERSIDE BUSINESS CENTRE RIVER LAWN ROAD, TONBRIDGE, KENT TN9 1EP
Avalon Wealth Management Limited, BUSINESS RESOURCES CENTRE, HORSHAM TRAINING CENTRE, HURST ROAD, HORSHAM, WEST SUSSEX RH12 2DN
SOUTH WEST
Investments
Financial Limited, UNIT 1, ANDOVERSFORD INDUSTRIAL ESTATE, ANDOVERSFORD, CHELTENHAM, GLOUCESTERSHIRE GL54 4LB
NORTH WEST
Life and Pensions
Archer Wealth Management LLP, 639-641 MANCHESTER OLD ROAD, MIDDLETON, MANCHESTER M24 4PN
Condenseheat Limited, UNIT 4 CROSSLEY PARK, STOCKPORT, CHESHIRE SK4 5BF
G.M. Jones, HOMECROFT, 5 YEW TREE COURT, POULTON, CHESTER, CHESHIRE CH4 9FH
SK8 Financial Services Limited, 248 FINNEY LANE, HEALD GREEN, CHEADLE, CHESHIRE SK8 3DY
Investments
Acorn Corporate Finance Limited, METROPOLITIAN HOUSE, STATION ROAD, CHEADLE HULME, STOCKPORT, CHESHIRE SK8 7AZ
SCOTLAND
Investments
About Money Planning, BARNCLUITH BUSINESS CENTRE, TOWNHEAD STREET, HAMILTON, LANARKSHIRE ML3 7DP
West Lothian Insurance Services, 177 MAIN STREET, EAST CALDER, LIVINGSTON, WEST LOTHIAN EH53 0EW
WALES
Life and Pensions
Steve Hughes Car Sales Limited, BORDER GARAGE, NEWTON ROAD, WELSHPOOL, POWYS SY21 8RR