Doncaster-based finance firm Switch Lifestyles Ltd (FRN: 842488) has been declared in default by the Financial Services Compensation Scheme.
The firm also traded as Love My Family, Ride Protect and Harriet Prestwich Wills as well as 12 other names.
The FSCS said it had received one claim against Switch Lifestyles relating to home finance which triggered the default declaration.
A default declaration by the FSCS, the industry levy-funded safety net, is usually made when a firm is unable to meet outstanding claims against it. The declaration of default opens the door to ex-customers to claim up to £85,000 per successful claim from the FSCS.
The FSCS noted on 9 October that the firm was no longer trading and said customers may be eligible to make a claim against it.
According to Companies House records, the firm was incorporated in February 2019 with its nature of business listed as life insurance and, “activities of mortgage finance companies”.
The company went into creditors voluntary liquidation in October 2025 with liquidator Claire Foster of Revive Business Recovery appointed. Last November the liquidator reported a deficiency of £209,692.52 at the firm, with banks listed is the biggest unsecured creditors.
The business lost its FCA authorisation in January this year. It had been registered with the FCA in September 2019 under the name Switch Lifestyles Ltd with a further 15 names added over the next six years, according to the FCA Register.
By March 2020 the firm was claiming on its website: “We specialise in company healthcare schemes.” Meanwhile its Linkedin profile stated: “Supporting businesses to make improvements in mental and physical wellbeing, health and finance.”
In January 2021 it began trading as both Switch Mortgages and Harriet Prestwich Wills.
In May 2022 it registered Love My Health as a trading name, adding Love My Club Foundation in November 2022. In November 2023 there was Love My School Foundation and Love My School.
Love My Gym appeared in March 2025 followed by Rideprotect and Love My Charity in April 2024. In July 2024 the firm began trading as Netprotect.
Five more trading names followed in 2025 starting with Grassroots Sports Association in February. In March the business created three more trading names: Love My Family, Grassroots Financial Advice and Grassroots Advisors. Its final new trading name was Civic Shield which was added in June 2025.
Louise Prestwich was listed as director of the firm and the FCA Register said she had also been known as Louise Garrett and Louise Ireland.