Dearne Valley Motor Company Limited
What this means for you
Because Dearne Valley Motor Company 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
Dearne Valley Motor Company Limited (FRN 301952) was declared in default by the Financial Services Compensation Scheme on 6 January 2012. The firm's regulatory product classification data is not available, preventing identification of the specific financial services it provided. Former customers may be entitled to FSCS compensation, though the applicable limits—£85,000 for investments, mortgages, and deposits, or 90 per cent of losses for insurance—cannot be determined without clarity on the products offered.
Products this firm wrote
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.