UK FSCS Confirms 45 firms in default May to October 2020

UK's Financial Services Compensation Scheme (FSCS) declared on Monday 45 firms that are in default between May and October 2020 but unable to pay back the money they owe their customers. The independent body will step in and pay those customers compensation.

The 45 firms confirmed to be in default after FSCS' investigations include the following:

May 2020 – 2 firms

Kingsway Wealth Management Limited

FRN: 452538, Pembroke House, Ellice Way, Wrexham Technology Park, Wrexham, Clwyd, LL13 7YT

Marshall James & Company Financial Management Services 

FRN: 121600, The Bank, 1 Highfield Road, Hall Green, Birmingham, B28 0EL

June 2020 – 15 firms

Acorn Financial Solutions (Wessex) Limited 

FRN: 453407, 32 Ashwood Drive, Broadstone, Dorset, BH18 8LN

Cannonbridge Corporation Limited Formerly Cannon Bridge Clearing Limited 

FRN: 146362, 2nd Floor, Berkeley Square House, London, W1J6BD

Capital & Income Solutions Limited

FRN: 462885, 50 Trinity Way, Salford, Lancashire, M3 7FX

Direct Mortgage Centre 

FRN: 300471, 87 Burdett Road, London, E3 4JN

Financial Solutions Midhurst Limited t/a AMPF and FSML Wealth 

FRN: 459575, Suite 16, Chilgrove Business Centre, Chilgrove, West Sussex, PO18 9HU

Halebarns Financial Planning Ltd Formerly Kidd & Co (IFA) Ltd 

FRN: 195937, 12 Princess Street, Knutsford, Cheshire, WA166DD

JP Financial Management Ltd 

FRN: 460241, Unit 2, The Sidings, Station Road, Shepreth, Royston, SG8 6PZ

Kingfisher Financial Strategies Limited 

FRN: 587708, Butcher Woods Corporate Recovery, St. Pauls Terrace, 79 Caroline Street, Birmingham, West Midlands, B31UP

Morgan Finance 

FRN: 144883, Penderyn, Ferryside, Dyfed, SA17 5RS

Pentagon Capital Management Plc 

FRN: 189239, 88 Baker Street, London, W1U 6TQ

Pinnacle Autocentre (Falkirk) Limited 

FRN: 308723, Pinnacle Autocentre, Kerse Road, Stirling, Stirlingshire, FK7 7LA

Pointon York Limited formerly Pointon York Sipp Solutions Limited 

FRN: 309975, CBA Business Solution Limited, 126 New Walk, Leicester, LE1 7JA

Rabrose Mortgage Services 

FRN: 301702, 493b Wimborne Road, Bournemouth, Dorset, BH9 2AW

Stargate Capital Management Limited formerly Classic Fund Management Limited t/a Wealth Fortress DFM

FRN: 191763, 71 Queen Victoria Street, London, EC4V 4BE

Willis of Alnwick Limited 

FRN: 311691, South Road, Alnwick, Northumberland, NE66 2PG

July 2020 – 5 firms

B Financial Management LLP 

FRN: 496770, 42 Claremont Road, Morecambe, Lancashire, LA4 4HL

Colt Cars Mid-West Limited  

FRN: 311434, Watermoor Road, Cirencester, Gloucestershire, GL7 1LF

Opes Financial Planning Ltd Formerly Money Advice Partnership Limited

FRN: 533104, Unit 6, Ladykirk Business Park, Skye Road, Prestwick, Ayrshire, KA9 2TA

O'Toole & Associates LLP t/a O&A, O&A Pension & Investment Specialists

FRN: 466357, The Cottage, 45 Blackstaff Road, Downpatrick, County Down, BT30 8SR

PS Employee Benefits Limited t/a Bellpenny, TQ Employee Benefits and Torquil Clark Employee Benefits

FRN: 190545, 45 Church Street, Birmingham, West Midlands, B3 2RT

August 2020 – 5 firms

L & L Garages Limited formerly Swain & Jones Ltd

FRN: 305660, Highfield Court, Tollgate, Chandler's Ford, Eastleigh, Hampshire, SO53 3TY

Multicorp Rose Limited formerly Multicorp Rose Group Limited

FRN: 197540, C/O Begbies Traynor, 340 Deansgate, Manchester, M3 4LY

R J Boorer and Associates Limited Formerly R J Boorer Limited 

FRN: 192004, 50 Brighton Road, Surbiton, Surrey, KT6 5PL

S & M Hughes Limited t/a Crescent Financial

FRN: 566837, 69 Walter Road, Swansea, West Glamorgan, SA14QA

Square Seven Financial Planning LLP t/a Square Seven

FRN: 434875, Alexander House, 478 Castlereagh Road, Belfast, BT5 6BQ

September 2020 – 13 firms

A Luckhurst & N Shaw t/a BBT Financial Services

FRN: 147352, Wrens Court, 62 Victoria Road, Sutton Coldfield, West Midalnds, B72 1SY

Agincourt Financial Limited T/A Alecto Financial Limited formerly Alecto Financial Limited

FRN: 197236, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY

Baronworth (Investment Services) Limited

FRN: 115284, 370 Cranbrook Road, Gants Hill, Ilford, Essex, IG2 6HY

Connected Financial Services Ltd t/a Otium Finance & Rothgen Capital

FRN: 670425, Floor 7, Townend House, Wisemore, Walsall, West Midlands, WS11NS

Courtover Investment Management Limited t/a City Private Clients

FRN: 182710, 156 St Helens Road, Swansea, West Glamorgan, SA1 4DG

DNG Financial Solutions Limited T/A Succession Group 

FRN: 472596, 14 Cottesbrooke Park, Heartlands Business Park, Daventry, Northamptonshire, NN11 8YL

Hopper & Co (Scotland) Limited

FRN: 190743, 8 Main Street, Prestwick, KA9 1NX

Mulbury Hamilton Financial Management Limited

FRN: 302200, 32a Station Approach, Hayes, Bromley, Kent, BR2 7EH

Palace Motor Finance Limited Formerly London & Surrey Motor Finance Limited

FRN: 309545, London & Surrey Finance Ltd, 23 Rectory Lane, Banstead, Surrey, SM7 3PP

Rees Caddick Garages Limited TA Lakeside Volkswagen 

FRN: 310603, Lakeside Volkswagen, Stanley Matthews Way, Stoke On Trent, Staffordshire, ST4 4DD

REX Financial Services LLP

FRN: 798939, Unit 4, Edison Court, Ellice Way, Wrexham Technology Park, Wrexham, Wrecsam, LL13 7YT

Wellington Financial Management Limited

FRN: 447881, 3 Carlton Court, Great Wilson Street, Hoveringham, Nottingham, Leeds, LS11 5AD

Wigan Financial Services

FRN: 116098, 41 St James Road, Orrell, Wigan, Lancashire, WN5 8SS

October 2020 – 5 firms

B&G Finance Limited

FRN: 788684, Finsbury House, 23 Finsbury Circus, London, EC2M7EA

East West Insurance Company Limited

FRN: 202806, 20 Old Broad Street, London, EC2N1DP

Guinness Mahon Trust Corporation Limited

FRN: 464432, 3 Castlefield Court, Church Street, Reigate, Surrey, RH20AH

Independent Financial Services

FRN: 189578, 62a Landywood Enterprise Park, Holly Lane, Great Wyrley, Staffs, WS6 6BD

Intuitive Associates Limited t/a Intuitive Financial Associates

FRN: 782809, Corner House, Robey Close, Linby, Nottingham, NG158AA