FSCS in-default register

Rhodes Booth Ramsbottom & Company Limited (now known as Valestone Limited)

Declared in default22 May 2000FRN 135873

What this means for you

Because Rhodes Booth Ramsbottom & Company Limited (now known as Valestone 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

Rhodes Booth Ramsbottom & Company Limited, operating under FRN 135873 and latterly known as Valestone Limited, was declared in default by the Financial Services Compensation Scheme on 22 May 2000. The firm's specific regulated product types are not recorded in available data. Eligible customers may claim compensation under FSCS protection, subject to applicable statutory limits for the relevant product category.

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.