FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
Get an alert when FINANCIAL SERVICES COMPENSATION SCHEME LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-17 (in 10mo)
Last made up 2026-03-03
Watchouts
None on the register
Cash
£172M
-44.5% vs 2024
Net assets
£0
Equity attributable
Employees
306
+14.6% vs 2024
Profit before tax
£3M
-66.3% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £383,180,000 | £251,465,000 | |
| Operating profit | — | — | |
| Profit before tax | £8,703,000 | £2,936,000 | |
| Net profit | £4,160,000 | £592,000 | |
| Cash | £309,388,000 | £171,717,000 | |
| Total assets less current liabilities | £79,453,000 | £97,831,000 | |
| Net assets | £0 | £0 | |
| Equity | £0 | £0 | |
| Average employees | 267 | 306 | |
| Wages | £21,237,000 | £25,052,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | 1.1% | 0.2% | |
| Gearing (liabilities / total assets) | 100.0% | 100.0% | |
| Current ratio | 1.00x | 1.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are satisfied that FSCS can meet its obligations. As such, FSCS is a going concern, and it is appropriate that these financial statements are prepared under the going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BILLETT, Sonia | Secretary | 2025-05-12 | — | — |
| BEAUCHAMP, Martyn Joseph | Director | 2023-10-18 | Oct 1972 | British |
| HARVEY, Richard John | Director | 2025-03-01 | Feb 1963 | British |
| KIDY, Fiona Yasmin | Director | 2020-07-01 | Jan 1965 | British |
| LEVETT, Alyson Margaret | Director | 2023-07-01 | Jan 1966 | British |
| MORGAN, Nicola Ann, Baroness | Director | 2020-09-01 | Oct 1972 | British |
| PARKIN, Richard Austin | Director | 2019-07-01 | Dec 1967 | British |
| PASSEY, Elizabeth | Director | 2024-10-01 | Sep 1972 | British |
| WILLIAMS, Wendy Ann | Director | 2020-09-01 | Feb 1965 | British |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWDEN, Ian Kenneth | Secretary | 2000-03-03 | 2000-07-28 |
| KING, Geoffrey William | Secretary | 2000-07-28 | 2001-01-31 |
| THOMAS, Mark Lindsay | Secretary | 2001-02-01 | 2024-07-31 |
| ADAMS, Mark Keith | Director | 2015-06-01 | 2020-04-23 |
| ASHFORD, Anthony Joseph | Director | 2007-02-01 | 2013-01-31 |
| BAILEY, Marshall Charles | Director | 2018-04-01 | 2024-09-30 |
| BARBER, James Alexander | Director | 2016-01-04 | 2021-04-30 |
| BARCLAY, Margaret Elizabeth | Director | 2011-07-01 | 2017-06-30 |
| BARTLETT, Katherine Mary Eileen | Director | 2010-02-01 | 2015-08-31 |
| BLAIR, Michael Campbell | Director | 2000-03-03 | 2005-05-31 |
| BROWN, Sarah Elizabeth | Director | 2000-03-03 | 2007-02-28 |
| CHURCHILL, Lawrence | Director | 2012-04-01 | 2018-03-31 |
| CLARK, Jonathan Michael Wardlaw | Director | 2007-07-01 | 2009-05-15 |
| CONNOR, Terence Michael | Director | 2005-06-01 | 2011-05-31 |
| COOPER, Steven Martin | Director | 2017-07-01 | 2020-06-30 |
| CULLEY, Kenneth | Director | 2000-03-03 | 2005-05-31 |
| DAY, Bernard Victor | Director | 2002-06-01 | 2005-05-31 |
| DEVLIN, Ronald Leitch | Director | 2006-10-01 | 2007-06-30 |
| GLEN, Marian | Director | 2013-02-01 | 2020-01-31 |
| HALL, David John | Director | 2006-03-01 | 2012-03-31 |
| HAMILTON, Nigel James | Director | 2000-03-03 | 2006-02-28 |
| JEBENS, Christopher Francis | Director | 2000-03-03 | 2002-03-01 |
| KINNEY, Alexandra Brigid Elizabeth | Director | 2005-06-01 | 2011-05-31 |
| KUCZYNSKI, Aleksander Jozef | Director | 2010-02-01 | 2020-04-09 |
| MACLENNAN, Graeme Andrew Yule | Director | 2000-03-03 | 2006-02-28 |
| MARCH, Luke Henry Walter | Director | 2000-03-03 | 2005-05-31 |
| MCCARTHY, Suzanne Joyce | Director | 2000-10-16 | 2004-05-31 |
| MCKENNA, Charles | Director | 2013-02-01 | 2021-01-31 |
| MINGHELLA, Loretta Caroline Rose | Director | 2004-12-06 | 2010-02-28 |
| NEALE, Mark Frost | Director | 2010-05-04 | 2019-05-03 |
| NEVILLE, Patrick John | Director | 2017-07-01 | 2023-06-30 |
| NICKALLS, Caroline Jayne | Director | 2011-07-01 | 2017-06-30 |
| PARKER, Helen Mary | Director | 2017-07-01 | 2024-06-30 |
| PEREIRA, Rommel Philip | Director | 2010-09-07 | 2014-05-31 |
| PRATT, Richard Charles | Director | 2004-06-01 | 2009-05-31 |
| RAINBIRD, Caroline Mary Anne | Director | 2019-05-13 | 2023-06-05 |
| RESTON, Rosalind Sarah | Director | 2007-02-01 | 2013-01-31 |
| RILEY, Cathryn Elizabeth | Director | 2021-02-01 | 2025-04-30 |
| ROGERS, Mark Ivan, Sir | Director | 2009-06-01 | 2011-10-31 |
| SHERRATT, Kathryn Ann | Director | 2015-12-15 | 2019-05-23 |
| STOCKTON, Robert Paul | Director | 2011-12-01 | 2017-11-30 |
| TAYLOR, John Maxwell Percy | Director | 2007-09-01 | 2013-08-31 |
| VOGEL, Timothy John | Director | 2002-03-02 | 2005-03-01 |
| WALLACE, Philip Wedgwood, Mr. | Director | 2009-06-01 | 2015-05-31 |
| WATSON CBE, Jennifer | Director | 2025-03-01 | 2026-02-28 |
| WEYMOUTH, David Avery | Director | 2011-07-01 | 2016-12-31 |
| WILLIAMS, Catherine Mary | Director | 2004-06-01 | 2009-05-31 |
| WOODBURN, Christopher Hugh | Director | 2005-06-01 | 2011-05-31 |
| YOUNG, John Robert Chester | Director | 2000-03-03 | 2004-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Financial Conduct Authority | Corporate entity | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2024-07-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-34.4%
£383,180,000 £251,465,000
-
Cash
-44.5%
£309,388,000 £171,717,000
-
Net assets
—
Not reported
-
Employees
+14.6%
267 306
-
Profit before tax
-66.3%
£8,703,000 £2,936,000
-
Wages
+18%
£21,237,000 £25,052,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers