FSCS in-default register

Wheelpower Bike Centre Ltd, trading as Aprilia Wheel-Power

Declared in default9 August 2019FRN 311726

What this means for you

Because Wheelpower Bike Centre Ltd, trading as Aprilia Wheel-Power 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

Wheelpower Bike Centre Ltd, trading as Aprilia Wheel-Power (FRN 311726), was declared in default by the Financial Services Compensation Scheme on 9 August 2019. The firm's regulated product types were not specified in available records. Former customers may be entitled to FSCS compensation depending on the nature of products held, subject to standard scheme limits.

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.