The Financial Conduct Authority has issued an update on Silicon Marketing Limited after the firm entered administration on 21 May 2026. Carrie James and Nick Parsk of Oury Clark were appointed joint administrators, who are now managing Silicon’s affairs. Silicon is FCA-authorised to carry out debt purchasing and debt collection activities. Existing loan agreements remain in place and are not affected by the administration, and customers should continue making repayments under their current loan agreements and any arrangements already in place. The FCA said it is working closely with Silicon and the joint administrators to make sure consumers are treated fairly during the administration process. Consumers who are struggling financially can seek free impartial guidance from MoneyHelper. The update also warns customers to remain alert to scams, including unexpected calls from people claiming to represent Silicon or Oury Clark.
Financial Conduct Authority2026-06-05
Financial Conduct Authority says Silicon Marketing Limited has entered administration and customers should continue repayments
The Financial Conduct Authority issued an update on Silicon Marketing Limited following its entry into administration on 21 May 2026, with joint administrators from Oury Clark now managing the firm. Silicon remains authorised for debt purchasing and debt collection, existing loan agreements are unaffected, and customers should continue repayments as agreed. The authority is working with the administrators to ensure fair treatment of consumers and has warned customers to be alert to scams.