The FSA has cancelled the permissions of Harbour House Credit Ltd.

The firm is currently under the auspices of the Official Receiver.

The FSA gave Harbour House a Decision Notice on 31 January 2011 that it had decided to cancel its permissions because Harbour House had failed to pay fees and levies of £1,193.48 owed to the FSA, and to respond adequately to the FSA’s repeated requests that it did so.

Subsequent to the issuing of the Decision Notice, on 7 February 2011, a winding up order was made against Harbour House. The FSA contacted the Official Receiver as Liquidator of Harbour House and provided him with a copy of the Decision Notice. The FSA is satisfied that the reasons for action to cancel Harbour House’s Part IV permission remain valid.

The matter has not been referred to the Upper Tribunal (Tax and Chancery Division) within 28 days of the date on which the Decision Notice was issued. Accordingly, the FSA has cancelled Harbour House’s Part IV permission.