FSCS confirms 13 firms were declared in default between August and November 2025
FSCS has confirmed that the 13 firms below were declared in default in the last four months – which means they have gone out of business and are unable to meet any claims themselves.
Customers who may be owed money by these firms can find out how to make a claim by visiting the FSCS website's Making a claim pages.
If a regulated financial firm is no longer trading and cannot pay a customer’s claim, FSCS can step in to pay compensation if certain requirements are met.
We’re independent and our service is free to customers. Our protection covers money held in bank, building society and credit union accounts. FSCS also protects pensions, financial advice, insurance, investments, mortgage advice and arranging, debt management and funeral plans.
Tina Coates, Chief Communications Officer at FSCS said: “FSCS is here to protect consumers across the UK and to contribute to financial stability. As a trusted compensation service, we help people feel confident their money is safe.
Our free and independent service helps people get back on track when financial firms fail. It is quick and easily to make a claim online and there is help available from our expert claims handlers if customers need it.”
Visit www.fscs.org.uk if you wish to make a claim with FSCS against any of these firms. You can also contact our Customer Services Team on 0800 678 1100, or by email at enquiries@fscs.org.uk.
For the latest FSCS news and information visit www.fscs.org.uk or follow @FSCS on X (Twitter).
Defaults declared by FSCS from 1 August to 30 November 2025 (13 firms)
|
Firm |
Address |
Date declared in default |
|
Pello Capital Limited formerly Cornhill Capital Limited (FRN 449720) |
7th Floor, 10 Lower Thames Street, London EC3R 6AF |
26/11/25 |
|
Independently East Limited (FRN 488046) |
74 Russell Road, Walton-on-Thames, Surrey KT12 2LA |
19/11/25 |
|
Tullycarnet Credit Union Limited (FRN 576218) |
Tullycarnet Resource Centre, Kinross Avenue, Dundonald, Down BT5 7GE |
14/11/25 |
|
Cheshire Neighbours Credit Union Limited (FRN 215692) |
Third Floor, Delamere House, Delamere Street, Crewe CW1 2JZ |
21/10/2025 |
|
PTC Financial Advice (Scotland) Limited (FRN 816036) |
90 Grahams Road, Falkirk, Scotland FK2 7DL |
20/10/2025 |
|
Peter Kettell IFA (FRN 209563) |
46 Mowson Lane, Worrall, Sheffield, South Yorkshire
|
17/10/2025 |
|
Arthur Temlett t/a Abacus Insurance Consultants (FRN 118204) |
174 Irish Street, Dumfries, Dumfriesshire DG1 2NJ |
16/10/2025 |
|
Premier Insurance Company Limited (FRN 494111) |
Majestic Ocean Plaza, First Floor, Ocean Village, Gibraltar GX11 1AA |
14/10/2025 |
|
Gallery Finance Limited (FRN 659898) |
57 Wheelock Street, Middlewich, Cheshire CW10 9AB |
9/10/2025 |
|
TenetConnect Services Limited formerly The M & E Network Ltd t/a Future Fin (FRN 150643) |
Network House, 5 Lister Hill, Horsforth, Leeds, West Yorkshire LS18 5AZ |
6/10/2025 |
|
London Court Limited t/a My Investment Hub, Venicap (FRN 146522) |
Vicarage House, 58/60 Kensington Church Street, London W8 4DB |
3/10/2025 |
|
Greenhill (Life & Pensions) Limited formerly Greenhill (Life & Pensions Brokers) Limited (FRN 126761) |
9 Millar Court, 43 Station Road, Kenilworth, Warwickshire CV8 1JD |
2/09/2025 |
|
Waltham Forest Council Employee Credit Union Ltd (FRN 213408) |
Room 202, 313 Billet Road, London E17 5PX |
19/08/2025 |
We also continue to pay compensation for claims relating to failures declared in previous financial years. We provide full updates on our compensation figures in our regular industry publications which you can find on our website.
Media enquiries
Email: publicrelations@fscs.org.uk