Contis Financial Services Limited – in Administration

Robert Spence and Joshua James Dwyer of Interpath Advisory were appointed Joint Special Administrators (“JSAs”) of Contis Financial Services Limited (“the Company” or “CFSL”) on 30 January 2025. The Company ceased to trade on administration.


Background

The Company offered payments services and pre-paid cards to UK customers. When the Company went into special administration, all customer accounts were frozen. We are now working to return the money held in customer accounts (Relevant Funds) to customers. The Company also traded under the business name Solaris, and partnered with multiple distributor programs, so a customer’s account may have been branded under names including:

  • credEcard
  • Trilogy
  • Engage
  • Wirex
  • Ffrees
  • Plutus

Notice that the Customer Claim Portal has been opened.

We have previously contacted customers (for whom we hold contact details) with invitations to submit their claims on a Customer Claims Portal. As part of this, we provided customers with their unique ID for logging into the Customer Claims Portal and advised customers of their account balance per the records of the Company. If you are a customer and haven’t received your unique ID and/or confirmation of your account balance, please contact ContisFScustomers@interpath.com.

Customers should submit their claim and provide their bank account details on the Customer Claims Portal - www.ips-docs.com.

Important - application made for Distribution Plan to be approved

We have filed an application (the “Application”) at the High Court (“Court”) seeking the approval (i) of a distribution plan for the return of safeguarded funds (“Relevant Funds”) held by the Company to Customers (the “Distribution Plan”) and (ii) for the setting of a deadline (the “Hard Bar Date”) for Customers to submit their claim for the return of safeguarded funds (a “Relevant Funds Claim”).

The Application is listed to be heard between 17 and 19 November 2026. The time and date of the hearing is expected to be confirmed the day before the hearing is to be held, and we will provide an update here when this information is available. Alternatively, Customers can find the information online at the Business and Property Division Rolls Building Daily Cause List, Insolvency and Company’s Court. This hearing will take place in person at The Business and Property Courts of the High Courts of Justice, The Rolls Building, 7 Rolls Building, Fetter Lane, London, EC4A 1NL, United Kingdom.

Please note that you are not required to attend the hearing. However, if you wish to attend, in the interest of managing any participation and assisting the Court in this regard, notice of attendance is kindly requested to be given in advance and ideally 3 business days before. To confirm your attendance, please email ContisFScustomers@interpath.com.

An Explanatory Statement, along with various other Application documents, are available under the Statutory Notices and Reports section below.



Requesting physical documents

Should you require a hard copy of any report or other document available, currently or in the future, please contact us:

  • by email to ContisFScustomers@interpath.com; or
  • in writing to The Joint Special Administrators of Contis Financial Services Limited, c/o Interpath Advisory, 5th Floor, 130 St Vincent Street, Glasgow, G2 5HF.
  • by phone on 0203 989 2922

Being Alert to Scams

All customers should remain alert to the possibility of fraud. The JSAs will not contact customers directly by phone. If you are approached by a third party offering to recover funds, proceed with caution. More information about this can be found on the FCA website here
.

Statutory notices and reports

02_25 – General – Customer FAQs 
02_25 – General – Notice of Appointment 
02_25 – General – Claim form – Creditors 
02_25 – General – Notice of appointment letter to Creditors_Suppliers 
02_25 – General – Notice of appointment letter to Customers 
02_25 – Initial Meet_Proposals–Customers and Creditors re Proposals & IM 
02_25 – Initial Meet_Proposals – Joint Special Administrators’ Proposals 
02_25 – Initial Meet_Proposals–Notice of physical meeting 
02_25–Initial Meet_Proposals–Customers’ & Creditors’ guide-initial meet 
02_25 - Initial Meet_Proposals – Claim Form – Creditors 
02_25 - Initial Meet_Proposals – Claim Form – Customers 
02_25 – Initial Meet_Proposals – Specific Proxy form – Creditors 
02_25 – Initial Meet_Proposals – Specific Proxy form – Customers 
03_25–Initial Meet_Proposals–Customers and Crs re approval of Proposals 
08_25 – Reports – Joint Special Administrators’ First Progress Report 
Customer guide for submitting a claim 
11_25–Customer Claims–Soft Bar Date–Cover letter (Crs-not claimed) 
11_25–Customer Claims–Soft Bar Date–Cover letter (Crs-claimed) 
11_25–Customer Claims–Soft Bar Date–Notice of Soft Bar Date (19 Dec 25) 
11_25 – Customer Claims – Soft Bar Date – FAQs 
02_26 - Rule 111 Notice - Notice 
02_26 - Rule 111 Notice - Morses Customers Cover Letter 
02_26 - Rule 111 Notice - Other Customers Cover Letter 
02/26 – Reports – Joint Special Administrators’ Second Progress Report 
08/26 - Reports - Joint Special Administrators' Third Progress Report 
10.26 - Rule 114 - Notice to Customers (claim submitted and no further acti 
10.26 - Rule 114 - Notice to Customers (claim submitted but no bank details 
10.26 - Rule 114 - Notice to Customers No claim submitted 
10.26 - Rule 114 - Explanatory Statement 
10.26 - Rule 114 - Distribution Plan 
10.26 - Rule 114 - Witness Statement of Robert Thomas Spence - Redacted 
10.26 - Rule 114 - RTS1 Exhibit 1 of 5 - Redacted 
10.26 - Rule 114 - RTS1 Exhibit 2 of 5 - Redacted 
10.26 - Rule 114 - RTS1 Exhibit 3 of 5 - Redacted 
10.26 - Rule 114 - RTS1 Exhibit 4 of 5 - Redacted 
10.26 - Rule 114 - RTS1 Exhibit 5 of 5 - Redacted 

Robert Thomas Spence and Joshua James Dwyer are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.

We are bound by the Insolvency Code of Ethics.

The Officeholders may be Data Controllers of personal data as defined by the Data Protection Act 2018. Personal data will be kept secure and processed only for matters relating to the appointment. For further information, please see our Privacy Policy.