FSCS in-default register

Bailey Nicholls Limited

Declared in default13 October 2000FRN 136895

What this means for you

Because Bailey Nicholls 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

Bailey Nicholls Limited (FRN 136895) was declared in default by the FSCS on 13 October 2000. The firm's specific product offerings cannot be determined from available records. Former customers may be eligible for FSCS compensation, though entitlement levels depend on the type of financial product held at the time of default.

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.