D.C. FINANCIAL LIMITED
Why can you claim for compensation or redress against D.C. Financial Limited formerly SystemCover Limited?
The Financial Services Compensation Scheme has declared D.C. Financial Limited formerly SystemCover Limited as failed as of 9th November 2023.
This company entered liquidation on 31st March 2023 and was placed under investigation by the FSCS at that time.
The firm is in an insolvency process, so you may be able to make a claim against it.
Background
Companies House show the Company was incorporated on 23rd Feb 1995.
According to the FCA Register the company has been authorised since 01/12/2001 under Firm Reference Number (FRN) 170299
This company is associated with claims for Defined Benefit Pension advice.
This company is also associated with claims regarding the British Steel Pension Scheme.
Who was involved?
The following is a list of individuals who are currently or were previously involved in regulated activities at D.C. Financial Limited formerly SystemCover Limited
David Smith
Carol Smith
Previous
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 D.C. Financial Limited formerly SystemCover 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 19/04/2024 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 23 February 1995 under company number 03025481. Its status at Companies House is recorded as liquidation.
Registered office: 79 Caroline Street, Birmingham, B3 1UP.
Previously named: SYSTEMCOVER LIMITED.
Nature of business (SIC): 64999, 65110, 65300.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 23 Feb 1995 | Company incorporated | Companies House |
| 23 Feb 1995 | Swift Incorporations Limited appointed corporate-nominee-secretary | Companies House |
| 23 Feb 1995 | Instant Companies Limited appointed corporate-nominee-director | Companies House |
| 10 Mar 1995 | Carol Lesley Smith appointed secretary | Companies House |
| 10 Mar 1995 | Carol Lesley Smith appointed director | Companies House |
| 10 Mar 1995 | David Bernard Clement Smith appointed director | Companies House |
| 10 Mar 1995 | Swift Incorporations Limited resigned as corporate-nominee-secretary | Companies House |
| 10 Mar 1995 | Instant Companies Limited resigned as corporate-nominee-director | Companies House |
| 25 Apr 1995 | Company renamed (previously SYSTEMCOVER LIMITED) | Companies House |
| 01 Dec 2001 | Peter William Davies approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | David Bernard Clement Smith approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | Carol Lesley Clement Smith approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | Tracey Caroline Mills approved by the FCA at the firm | FCA Register |
| 12 Jan 2002 | Leslie David Saville approved by the FCA at the firm | FCA Register |
| 01 Jul 2002 | Tracey Caroline Mills appointed director | Companies House |
| 01 Jul 2002 | Charles Edward Clement Smith appointed director | Companies House |
| 01 Jul 2002 | Charles Edward Clement Smith approved by the FCA at the firm | FCA Register |
| 08 Sep 2004 | Kerry Jane Lewis approved by the FCA at the firm | FCA Register |
| 31 Dec 2004 | Tracey Caroline Mills resigned as director | Companies House |
| 31 Dec 2004 | Charles Edward Clement Smith resigned as director | Companies House |
| 01 Jun 2008 | Paul Skilton approved by the FCA at the firm | FCA Register |
| 07 Jan 2015 | Rachel Jones approved by the FCA at the firm | FCA Register |
| 07 Dec 2018 | Benjamin Owen approved by the FCA at the firm | FCA Register |
| 31 Mar 2023 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 31 Mar 2023 | Insolvency practitioner appointed: Roderick Graham Butcher | Companies House |
| 09 Nov 2023 | Declared in default by the FSCS | FSCS |
| 22 Oct 2025 | FCA status recorded as: No longer authorised | FCA Register |
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.
- Peter William Davies. Listed on the FCA Register as having held CF21 Investment Adviser (01/12/2001 to 11/11/2002) at the firm.
- David Bernard Clement Smith. Listed on the FCA Register as having held CPD21 – Advising or arranging equity release transactions (from), CPD20 – Advising or arranging regulated mortgage contracts (from), CPD11 – Pension transfer specialist (from), CPD7 – Personal recommendation on long-term care insurance (from) at the firm.
- Kerry Jane Lewis. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (08/09/2004 to 08/11/2005), CF30 Customer (01/11/2007 to 08/12/2019), CF11 Money Laundering Reporting (07/01/2019 to 08/12/2019), CF21 Investment Adviser (08/11/2005 to 31/10/2007) at the firm.
- Carol Lesley Clement Smith. Listed on the FCA Register as having held CF1 Director (01/12/2001 to 08/12/2019), SMF3 Executive Director (09/12/2019 to 22/10/2025), [FCA CF] Significant management (09/12/2019 to 22/10/2025) at the firm.
- Benjamin Owen. Listed on the FCA Register as having held [FCA CF] Client dealing (09/12/2019 to 04/02/2022), [FCA CF] Functions requiring qualifications (09/12/2019 to 04/02/2022), CF30 Customer (07/12/2018 to 08/12/2019) at the firm.
- Paul Skilton. Listed on the FCA Register as having held CF30 Customer (01/06/2008 to 08/12/2019), [FCA CF] Client dealing (09/12/2019 to 31/03/2023), [FCA CF] Functions requiring qualifications (09/12/2019 to 31/03/2023) at the firm.
- Rachel Jones. Listed on the FCA Register as having held CF30 Customer (07/01/2015 to 08/12/2019), [FCA CF] Client dealing (09/12/2019 to 31/03/2023), [FCA CF] Functions requiring qualifications (09/12/2019 to 31/03/2023) at the firm.
- Leslie David Saville. Listed on the FCA Register as having held CF16 Significant Mgt (Desgntd Investment Business) (12/01/2002 to 21/06/2002), CF11 Money Laundering Reporting (12/01/2002 to 21/06/2002), CF10 Compliance Oversight (12/01/2002 to 21/06/2002), CF21 Investment Adviser (12/01/2002 to 25/06/2002) at the firm.
- Tracey Caroline Mills. Listed on the FCA Register as having held CF21 Investment Adviser (01/12/2001 to 12/02/2007), CF1 Director (01/07/2002 to 31/12/2004) at the firm.
- Charles Edward Clement Smith. Listed on the FCA Register as having held CF2 Non Executive Director (01/07/2002 to 31/12/2004) at the firm.
Review page sources: FCA Register (FRN 170299) · Companies House (03025481) · FSCS. Public records, provided for transparency.
