Frequently Asked Questions

What Businesses are covered by the FSCS?

The FSCS is focused on protecting personal customers and small businesses up to a certain size.

The size threshold for Limited companies is defined in the Companies Act 2006 and a business is a "small company" if it meets two of the following three criteria:

  • Gross turnover not more than £6.5 Million
  • Gross balance sheet total of not more than £3.26 million and
  • Not more than 50 employees

Unincorporated associations (Mutual Associations) must have not more than £1.4 Million in net assets to be eligible under the scheme.


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