ALEXANDER DAVID SECURITIES LIMITED
Why can you claim for compensation or redress against Alexander David Securities Limited?
The Financial Services Compensation Scheme has declared Alexander David Securities Limited (FRN: 469150) as failed as of date 30th April 2024. The firm provided services including initial public offerings, secondary fundraisings, mergers and acquisitions, and debt offerings. The firm had multiple appointed representatives, notably St Pauls Marketing Limited and Templeton Securities Limited, which provided investment advice leading to clients transferring pensions into self-invested personal pensions (SIPPs) and investing in mini-bonds. The company’s failure was primarily due to regulatory concerns and financial mismanagement.
Alexander David Securities Limited entered creditors voluntary liquidation on 1st July 2022, so you may be able to make a claim against it.
Background
Companies House show the Company was incorporated on 30th November 2006.
According to the FCA Register the company has not been authorised since 12th April 2023.
This company is associated with claims for pension transfer advice.
Who was involved?
The following is a list of individuals who are currently or were previously involved in regulated activities at Alexander David Securities Limited:
Appointed representatives and agents
The following are the Appointed Representatives and Payment services / Electronic money agents currently or previously connected with this firm. In each case, the principal is / was responsible for the regulated activities carried out on its behalf by its appointed representatives / agents during the dates shown below as Effective from and Effective to (when the relationship ended). An agent or Appointed Representative may act of behalf of more than one principal firm.
| Beer & Young Ltd | 06 Nov 2015 | 15 Mar 2017 |
| OS WEALTH MANAGEMENT LIMITED | 25 May 2018 | 09 Aug 2018 |
| St Pauls Marketing Limited | 12 Oct 2015 | 15 Aug 2017 |
| Templeton Securities Limited | 15 Jul 2013 | 19 Aug 2015 |
How can we help?
We have helped thousands of customers on a no-win no-fee basis get the compensation and justice they deserve when making claim against regulated companies like Alexander David Securities Limited
How does it work?
The first step is a free no-obligation consultation, you can learn more about services on our making a claim page.
Once we have assessed your claim, if we believe you are due compensation then we will help you build the best possible complaint by launching a full investigation, gathering evidenced from all the relevant parties to package your claim and submit to the Financial Services Compensation Scheme. We will argue your case to ensure you receive the maximum amount of compensation available to you.
Seek Claim Advice Today
We offer an expert pension consulting service. One of our experts will be able to talk through your options and tell you what the best option for you is. If you do decide to use our services, then know that our fees are very reasonable. However, you need to act fast as there may be time-barring restrictions in place.
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
NB: Information for this page was gathered on 01/05/2024 from the following sources, FSCS Website, FCA Register, Companies House Register and is to our knowledge accurate as of that date.
Company background (public record)
The company was incorporated at Companies House on 30 November 2006 under company number 06015379. Its status at Companies House is recorded as dissolved.
Registered office: Bdo Llp 5 Temple Square, Temple Street, Liverpool, L2 5RH.
Nature of business (SIC): 64999.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 30 Nov 2006 | Company incorporated | Companies House |
| 30 Nov 2006 | Sandra Scott appointed secretary | Companies House |
| 30 Nov 2006 | Sdg Secretaries Limited appointed corporate-nominee-secretary | Companies House |
| 30 Nov 2006 | Sdg Secretaries Limited resigned as corporate-nominee-secretary | Companies House |
| 30 Nov 2006 | David Alexander Hill Scott appointed director | Companies House |
| 25 May 2018 | OS WEALTH MANAGEMENT LIMITED appointed as appointed representative | FCA Register |
| 09 Aug 2018 | OS WEALTH MANAGEMENT LIMITED ceased as appointed representative | FCA Register |
| 20 Aug 2018 | Angus Fredrick Rose resigned as director | Companies House |
| 01 Jul 2022 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 01 Jul 2022 | Insolvency practitioner appointed: Malcolm Cohen | Companies House |
| 01 Jul 2022 | Insolvency practitioner appointed: Shane Crooks | Companies House |
| 01 Jul 2022 | Insolvency practitioner appointed: Emma Sayers | Companies House |
| 01 Jul 2022 | Sandra Scott resigned as secretary | Companies House |
| 01 Jul 2022 | David Alexander Hill Scott resigned as director | Companies House |
| 04 Jul 2022 | FSCS update: Compensation claims FSCS has now opened to claims against ADSL via the online claims service | FSCS |
| 09 Dec 2022 | FSCS update: We are reviewing the information we've received so far from third parties | FSCS |
| 13 Mar 2023 | FSCS update: Since ADSL entered liquidation on 1 July 2022, the joint liquidators have been working to return client money held by AD… | FSCS |
| 12 Apr 2023 | FCA status recorded as: No longer authorised | FCA Register |
| 29 Sep 2023 | FSCS update: We've made significant progress regarding our investigation concerning the activities of ADSL’s appointed representative… | FSCS |
| 29 Nov 2023 | FSCS update: We have completed our investigations into the activities of ADSL’s appointed representative, Templeton Securities Ltd | FSCS |
| 26 Jan 2024 | FSCS update: We’ve completed our investigation into Alexander David Securities Ltd (ADSL) in relation to the activities of its appoin… | FSCS |
| 30 Apr 2024 | Declared in default by the FSCS | FSCS |
| 30 Apr 2024 | FSCS update: FSCS declared Alexander David Securities Ltd ‘in default’ on 30 April 2024 | FSCS |
| 28 May 2024 | FSCS update: FSCS now has the majority of data required from ADSL to help us work through potential claims and we’re starting to do s… | FSCS |
| 29 May 2024 | FSCS update: Further to our update yesterday, it only applies to those claims associated with St Pauls Marketing, and no information … | FSCS |
| 24 Jan 2025 | FSCS update: We’ve now completed our investigation into ADSL’s stockbroking activities | FSCS |
| 28 Nov 2025 | Company dissolved | Companies House |
| 28 Nov 2025 | Company due to be dissolved (creditors’ voluntary liquidation) | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 41 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Angus Frederick Rose. Listed on the FCA Register as having held CF28 Systems and controls (14/07/2009 to 08/12/2019), CF11 Money Laundering Reporting (19/12/2012 to 08/12/2019), CF10 Compliance Oversight (19/12/2012 to 08/12/2019), CF1 Director (14/07/2009 to 08/12/2019) at the firm.
- David James Wood. Listed on the FCA Register as having held CF30 Customer (11/03/2013 to 30/06/2015) at the firm.
- Antony Brian Cowling. Listed on the FCA Register as having held CF2 Non Executive Director (30/01/2008 to 11/10/2012) at the firm.
- David Alexander Hill Scott. Listed on the FCA Register as having held CF30 Customer (30/01/2008 to 08/12/2019), CF3 Chief Executive (30/01/2008 to 08/12/2019), CF1 Director (30/01/2008 to 08/12/2019), CF11 Money Laundering Reporting (30/01/2008 to 10/12/2012) at the firm.
- Andrew James Grant. Listed on the FCA Register as having held CF2 Non Executive Director (22/09/2010 to 05/10/2012) at the firm.
- Simon Talbot. Listed on the FCA Register as having held CF30 Customer (07/09/2012 to 24/04/2015) at the firm.
- Ziad Hameed. Listed on the FCA Register as having held CF30 Customer (08/07/2010 to 10/06/2011) at the firm.
- Jonathan Stuart Cotty. Listed on the FCA Register as having held CF30 Customer (30/01/2008 to 31/01/2008) at the firm.
- Trevor David Coote. Listed on the FCA Register as having held CF30 Customer (30/01/2008 to 14/07/2015), CF1 Director (30/01/2008 to 14/10/2013) at the firm.
- James Kesteven Dewhurst. Listed on the FCA Register as having held CF30 Customer (03/05/2016 to 08/12/2019), [FCA CF] Client dealing (09/12/2019 to 12/04/2023) at the firm.
Appointed Representatives and Agents
While it was authorised, the firm acted as principal for the following appointed representatives. An appointed representative carries on regulated business under the responsibility of its principal, so their conduct can be relevant to a claim.
| Appointed representative | Reference | Effective from | Ended |
|---|---|---|---|
| Beer & Young Ltd | FRN 616935 | 06/11/2015 | 15/03/2017 |
| OS WEALTH MANAGEMENT LIMITED | FRN 809698 | 25/05/2018 | 09/08/2018 |
| St Pauls Marketing Limited | FRN 591448 | 12/10/2015 | 15/08/2017 |
| Templeton Securities Limited | FRN 604479 | 15/07/2013 | 19/08/2015 |
Review page sources: FCA Register (FRN 469150) · Companies House (06015379) · FSCS. Public records, provided for transparency.
