DSL Business Finance Ltd

Reference number: 708646

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Also trades as
  • DSL

Company details

From the company's Companies House record.

Company number
SC145739
Company status
Active
Company type
Private company limited by guarantee
Incorporated
3 August 1993 (33 years old)
Registered office
5 Dava Street, Glasgow, G51 2JA
Nature of business
  • Other credit granting not elsewhere classified (SIC 64929)

Current directors and secretaries

Name Role Born Appointed
Stuart Mitchell Yuill Director Jul 1958 6 May 2011
Iain Alan Burnside Director Aug 1959 22 May 2024
Jennifer Nicoll Director Mar 1964 22 May 2024
Simon Smith Director Apr 1973 27 Feb 2026
Joanne Elizabeth Seagrave Secretary Not published 15 Nov 2023

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money · Run or oversee funds FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (6 permissions)
  • Credit Broking
  • Debt Administration
  • Debt-collecting
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Managing an unauthorised AIF

Limits on what they may do

  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
  • Venture Capital Business Only
    The firm must not conduct designated investment business other than Venture Capital business.
  • Not permitted to canvass off trade premises
    The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • Small Authorised UK AIFM (Sub-Threshold)
    The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Names it no longer trades under

This firm has retired 4 trading names. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired names
  • Big Issue Invest Scotland
  • New Start Up Scotland
  • The Scottish Microfinance Fund
  • The Start Up Loans Company

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Common questions

Frequently asked questions

Is DSL Business Finance Ltd FCA authorised?
Yes, DSL Business Finance Ltd (FRN 708646) is authorised by the FCA to carry out regulated activities.
Is my money safe with DSL Business Finance?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about DSL Business Finance to the Financial Ombudsman Service, free of charge.
Is DSL Business Finance a scam or clone?
DSL Business Finance is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is DSL Business Finance's Firm Reference Number (FRN)?
DSL Business Finance's FRN is 708646. You can verify it on the FCA register.