Lendy Ltd

Reference number: 743416

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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
  • Lendy Finance
  • Lendy Wealth
  • Saving Stream

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company in administration, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
08244913
Company status
Administration
Company type
Private limited company
Incorporated
9 October 2012 (13 years old)
Registered office
RSM RESTRUCTURING ADVISORY LLP, 9th Floor 25 Farringdon Street, London, EC4A 4AB
Nature of business
  • Other credit granting not elsewhere classified (SIC 64929)

Current directors and secretaries

Name Role Born Appointed
Liam John Brooke Director Jun 1982 12 Jan 2013

Check on the FCA register → Report a scam →

Activities and protection

What the record covers, and how you are protected

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
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  • Operating an electronic system in relation to lending

Limits on the record

  • The firm is the subject of an asset restriction
    The Authority has decided to impose with immediate effect a requirement on the Firm, under section 55L of the Act, that it: a) must not in any way dispose of, deal with or diminish the value of any of its assets; and b) must not in any way release client money without in either case the prior written consent of the Authority
  • Regulated activities are subject to requirements
    1. On 22 May 2019, the following requirements were imposed on Lendy with immediate effect: (a) It must not enter into any new Article 36H Agreement relating to developments not already in progress on the Firm's platform; (b) It must not in any way facilitate a secondary market in Article 36H Agreements; and (c) It must not accept any applications or monies from new lender 2. On 24 May 2019, the firm entered administration.

Track record

FCA actions and complaints

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

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Common questions

Frequently asked questions

Is Lendy Ltd FCA authorised?
Yes, Lendy Ltd (FRN 743416) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm.
Is my money safe with Lendy?
Lendy is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Is Lendy a scam or clone?
Lendy 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 Lendy's Firm Reference Number (FRN)?
Lendy's FRN is 743416. You can verify it on the FCA register.