Wellesley & Co Limited ("WCL") has been authorised by UK regulators since 2019.
WCL entered administration on 30 April 2025. Damian Webb, Stephanie Sutton and Jack Plunkett of RSM UK Restructuring Advisory LLP were appointed as joint administrators.
WCL is owned by Wellesley Group Limited (WGL). WGL is owned by Wellesley Group Investors Limited (WGIL). WGIL and WGL entered Administration on 10 March 2025.
WCL is the only regulated company in the group. WCL was involved in a range of activities, including promoting issues of investment bonds to the UK retail market.
Latest updates
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01 May, 2025
FSCS is not currently open to customer claims.
We need first to establish whether eligible claims against WCL are possible. We are currently investigating this. We anticipate that we will be working closely with the Joint Administrators and the FCA.The latest news regarding our work on WCL will appear on this page. We will update this page as our investigations progress. Customers should subscribe to this page to receive the latest updates.
It’s free to make a claim with FSCS and you don’t need to use a representative or a solicitor. If you claim directly with us, you will receive 100% of any compensation.
Please be wary of scams. FSCS will never ask you for money to make a claim or receive compensation, as our service is free. If you are concerned about any contact you receive, please contact us directly using the details found on our contact us page.