Park Place Insurance Services Limited: FCA regulated?

Authorised by the FCA

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

Authorised for 21 years
Your funds are protected by FSCS
No FCA actions
Active company since 1991
Accounts filed up to 29 December 2024

Website, phone number and address

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.

Website

parkplaceinsurance.co.uk (opens in a new tab)
Phone number

01592 643666
Address

53 High Street, Kirkcaldy, Fife, KY1 1LL, United Kingdom

In the full report: 3 background checks

When parkplaceinsurance.co.uk first appeared online, and whether it can receive email
What kind of line 01592 643666 is
Who else gives the postcode KY1 1LL

Other names (7)

If you were contacted under any of these names, it is this firm.

Insuredirect Trading name: A name it trades under now.
Insuredirect.co.uk Trading name: A name it trades under now.
Our Travel Trading name: A name it trades under now.
Planned Futures Trading name: A name it trades under now.
Smart Rental Solutions Trading name: A name it trades under now.
Insuredirect Global Former trading name: A name it used to trade under.
Justdrive Recovery Former trading name: A name it used to trade under.

FCA permissions and consumer protection

Hold or safeguard your money · Manage or trade investments 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.
Give regulated advice FSCS may apply
A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
Sell or arrange insurance FSCS may apply
Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
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.
Complaints Ombudsman, free
You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Show FCA detail (6 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Arranging (bringing about) deals in investments
Assisting in the administration and performance of a contract of insurance
Credit Broking
Dealing in investments as agent
Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number: SC135773 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 30 December 1991 (34 years old)
Registered office: Matches the FCA register address ✓
Nature of business: Non-life insurance (SIC 65120)
Non-life reinsurance (SIC 65202)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Allan Colquhoun	Director	Mar 1962	14 Oct 2022	8 other companies
Kareen Anderson	Director	Aug 1974	14 Oct 2022	1 other company
David James Nicholson	Director	Jun 1962	Not published	21 other companies
Graeme Andrew Clarkson	Secretary	Not published	28 Aug 2009	–

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies: 27
closed down: 13
are FCA-registered: 3

In the full report: all 27 companies, named

What each company does, and whether it is still trading
Which of these 3 directors sit on each board, and since when
Any that went into liquidation or administration
The 3 on the FCA register
The 3 companies these 3 directors run together
All 7 people who have ever been directors, with their dates

Filed accounts and finances

Year to 29 December 2024Small company accountsNot audited

Net assets

£355k

+2% from £348k

Cash at bank

£158k

−14% from £183k

Employees (average)

13

Same as 13

Owed within a year

£328k

+18% from £278k

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2019 to 2024
The chart, over every year
Every filed figure, year by year

About these figures

Turnover: Money taken from sales in the year, before any costs.
Profit before tax: What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity: Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities: Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank: Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year: Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company SC135773. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Park Place Insurance Services’s history from the FCA register and Companies House, newest first.

Key events (7) All events (26)

2016

6 April 2016

David James Nicholson took control (75–100% of shares)
James Thomas Martin became a part-owner (25–50% of shares)
James Thomas Martin stopped being a part-owner

Companies House

2013

1 April 2013

Regulated by the FCA from this date

FCA register

2005

14 January 2005

Regulated by the Financial Services Authority from this date
Became authorised by the FCA

FCA register

1991

30 December 1991

Incorporated at Companies House

Companies House

In the full report: all 26 events

All 26 events in its history (7 shown here)
Every director appointment and resignation: 7

Firms connected to Park Place Insurance Services

Other FCA-listed firms that share a director, phone number or address with Park Place Insurance Services. A link shows who the firm is tied to, not whether either can be trusted.

connected firms: 3
share a director: 3
share its postcode: 2

In the full report: all 3 connected firms, named

How each is linked: shared directors (3), the same postcode (2)
Who links each one: the named directors, with dates

Firms like Park Place Insurance Services

Other firms of the same type (insurance broker), nearest first.

In Kirkcaldy

Borland Insurance LtdKirkcaldyAuthorised Harris InsuranceKirkcaldyAuthorised Insure Smart LimitedKirkcaldyAuthorised Insuredirect.co.uk ltdKirkcaldyAppointed representative Our Travel Insurance LtdKirkcaldyAppointed representative Scotia Financial & Mortgage Services LtdKirkcaldyAppointed representative

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Park Place Insurance Services

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

27 other companies its directors have run, named
3 background checks on its contact details
4 years of accounts, charted
All 26 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Park Place Insurance Services Limited FCA authorised?

Yes, Park Place Insurance Services Limited (FRN 306013) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2005 and works as an insurance broker. The FCA has placed no limits on its permissions.

What is Park Place Insurance Services’ phone number and website?

The FCA register lists the phone number 01592 643666 and the website parkplaceinsurance.co.uk for Park Place Insurance Services. If you were given different contact details, use these to check with the firm before going any further.

Is Park Place Insurance Services a scam or clone?

Park Place Insurance Services is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.

Is my money safe with Park Place Insurance Services?

It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Park Place Insurance Services to the Financial Ombudsman Service, free of charge.

Who owns Park Place Insurance Services?

Companies House lists one person with significant control of Park Place Insurance Services: Mr David James Nicholson (75–100% of shares). Before that, it was controlled by Mr James Thomas Martin.

Who runs Park Place Insurance Services?

Companies House lists 3 directors of Park Place Insurance Services: Allan Colquhoun, Kareen Anderson and David James Nicholson.

How long has Park Place Insurance Services been in business?

The company was formed on 30 December 1991, and has held its current FCA authorisation since January 2005.

What do Park Place Insurance Services’ latest accounts show?

Its latest accounts, to 29 December 2024, show net assets of £355k (+2% from £348k) and cash at bank of £158k (−14% from £183k).

Does Park Place Insurance Services use any other names?

It trades as Insuredirect, Insuredirect.co.uk, Our Travel, Planned Futures and Smart Rental Solutions. It has previously used 2 other names: Insuredirect Global and Justdrive Recovery.