Well Alley Ltd
Declared in default3 December 2018FRN 309843
What this means for you
Because Well Alley Ltd 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
Well Alley Ltd, which operated under the trading names Blue Finance Ltd, CV Revolution Ltd, and Speed 8196 Ltd (FRN 309843), was declared in default by the FSCS on 3 December 2018. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the product type involved in their claim.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.