FSCS in-default register

Ormskirk Motors Limited t/a Ormskirk Vauxhall t/a Planet Finance

Declared in default18 October 2019FRN 301168

What this means for you

Because Ormskirk Motors Limited t/a Ormskirk Vauxhall t/a Planet Finance 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

Ormskirk Motors Limited, which operated under the trading names Ormskirk Vauxhall and Planet Finance (FRN 301168), was declared in default by the Financial Services Compensation Scheme on 18 October 2019. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation subject to applicable limits depending on the financial products 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.