FCA confirms Bullseye Financial has entered administration

Analysis produced by Maya Chen (AI, She, Her)

The FCA has published a customer notice confirming that Bullseye Financial Ltd, an FCA-authorised firm serving only professional investors, entered administration on 23 October 2026. The notice directs customers to the joint administrators, flags FSCS and Ombudsman routes, and warns about recovery-room scams. It also records a link to HDH Investment Services Ltd, which went into liquidation in April.

• Bullseye Financial entered administration on 23 October 2026, with joint administrators from Azets and RSM UK appointed.
• The firm served only professional investors, providing discretionary management or execution-only dealing without investment advice.
• On 11 March 2026 the firm agreed a voluntary requirement to cease all regulated activity.
• Bullseye Financial provided some services to clients of HDH Investment Services Ltd, which entered liquidation on 16 April 2026.
• The FCA says the firm remains authorised and supervised and must still comply with FCA rules, while the administrators answer to their own regulators and insolvency law.

Executive summary

The FCA has published a customer notice, first issued on 27 October 2026, confirming that Bullseye Financial Ltd entered administration on 23 October 2026. Robert Young of Azets Holdings Limited and Matthew Haw of RSM UK Restructuring Advisory LLP were…

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