The Financial Services Compensation Scheme (FSCS) has declared 21 firms in default, meaning consumers may be entitled to up to £50,000 if they have lost money as a result of their dealings with these firms.
A declaration of default means FSCS is satisfied the firms are unable to pay claims. This enables customers to apply to FSCS for compensation if they believe they have lost money as a result of their dealings with these firms.
“We have already started paying compensation in respect of these firms. However, we’re encouraging anyone else who believes they may be owed money through their dealings with one of these firms to contact our Initial Contact Team if they have not yet applied for compensation,” said Mark Oakes, head of communications at the FSCS.
The firms are as follows:
NORTH WEST
Anson Bailey Limited, LONDON HOUSE, OLDHAM ROAD MIDDLETON, MANCHESTER, M24 1AZ

YORKSHIRE AND THE HUMBER
GKS Pensions & Investments Limited, 5 RODLEY LANE, RODLEY, LEEDS, WEST YORKSHIRE, LS13 1LB
EAST MIDLANDS
Porchester Finance Limited, OAK HOUSE, 7993 RATCLIFFE ROAD, LOUGHBOROUGH, LEICESTERSHIRE, LE12 7PU
Sterling McCall Asset Management Limited, C/o Celerica LLP, 1ST FLOOR, THE OLD CHAPEL, 9 KEMPSON ROAD, LEICESTER, LE2 8AN
WEST MIDLANDS
Genius Financial Management Limited, 188A STRATFORD ROAD, SHIRLEY, SOLIHULL, WEST MIDLANDS, B90 3AQ
P Arnold (deceased) t/a P.J. Arnold, Esq., 28 MEADOWBROOK ROAD, HASBURY, HALESOWEN, WEST MIDLANDS, B63 1AG
EAST
Conforto Financial Management Limited, 23 BANCROFT, HITCHIN, HERTFORDSHIRE, SG5 1JW
Temple Property Consultants Limited, 2C LEYTON ROAD, HARPENDEN, HERTFORDSHIRE, AL5 2TL
LONDON AND SOUTH EAST
Davis Druckman Financial Services Limited, ALBANY HOUSE, 324-326 REGENT STREET, LONDON, Unspecified, W1G 9TB
Fidelity Consultants Limited, 11 SEA ROAD, BEXHILL-ON -SEA, EAST SUSSEX, TN40 1EE Global Finance Services Limited, REGUS, 7200 THE QUORUM, OXFORD, OXFORDSHIRE, OX4 2JZ
Gracechurch Investments Limited, 5TH FLOOR, 22-25 FINSBURY SQUARE, LONDON, EC2A 1DX
Russell Westgate Securities Limited, ROOM 910, LLOYD’S, ONE LIME STREET, LONDON, EC3M 7DQ
Shakespeare Finance Limited, 26 FOUBERTS PLACE, FIRST FLOOR, LONDON, W1F 7PP Trevor Hubbard, Esq., FOLLY COTTAGE, HOWFIELD LANE, CHARTHAM HATCH, KENT, CT4 7NA
WALES
Courts Independent Financial Management LLP, 7 ST. ANDREWS CRESCENT, CARDIFF, SOUTH GLAMORGAN, CF10 3DA
SD Asset Management Limited, TEMPLE COURT, CATHEDRAL ROAD, CARDIFF, CF11 9FB
SCOTLAND
Binary Independent Financial Advisors Limited, 9 CLAIRMONT GARDENS, GLASGOW, G3 7LW
Intelligent Move Limited, 14 BERESFORD TERRACE, AYRSHIRE, KA7 2EG
J Chiesa & C Chiesa t/a Westwood, WESTWOOD HOUSE, 27 ORCHARD STREET, MOTHERWELL, ML1 3JE
NORTHERN IRELAND
Murtagh Baille Financial Services Limited (Formerly Urwin Baille Financial Services Limited), 37 COMBER ROAD, DUNDONALD, BELFAST, NORTHERN IRELAND, BT16 0AF