FSCS in-default register

Wheel Torque Motorcycles Limited

Declared in default30 March 2015FRN 310486

What this means for you

Because Wheel Torque Motorcycles 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

Wheel Torque Motorcycles Limited (FRN 310486) was declared in default by the Financial Services Compensation Scheme on 30 March 2015. The firm's specific regulated financial products could not be determined from available records. Eligible former customers may be entitled to FSCS compensation, subject to the scheme's standard limits depending on the product type involved.

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.