FSCS in-default register

Draycott Financial Services Limited

Declared in default16 December 2005FRN 126782

What this means for you

Because Draycott Financial Services Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Draycott Financial Services Limited (FRN 126782) was declared in default by the Financial Services Compensation Scheme on 16 December 2005. The firm's product offerings cannot be determined from available structured data. Former customers of the firm may be entitled to FSCS compensation, though the specific limits depend on the types of financial products involved, which are not specified in this record.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.