What TFS Loans does

TFS Loans Limited was a UK-based consumer lending company founded in 2003 and headquartered in Rayleigh, United Kingdom. The company specialized in personal loans and guarantor loans, serving individual borrowers across the UK under oversight of the Financial Conduct Authority (FCA). Its customer base included repeat borrowers who took multiple loans or refinanced existing balances through loan 'topping up.'

The company entered Administration on 8 February 2022 after being deemed insolvent, with Allister Manson and Trevor Binyon of Opus Restructuring LLP appointed as Joint Administrators. During the administration period (February 2022 – September 2025), TFS continued collecting loan repayments in the normal course. The Redress Methodology was agreed with the FCA to identify customers potentially owed compensation for irresponsible lending practices.

TFS Loans ceased all operations effective 30 September 2025. Collections via direct debit and standing order stopped, and the balance of loans is no longer due — releasing both customers and guarantors from remaining payment obligations. The Joint Administrators are now realizing company assets and processing creditor claims. Per administration documentation, unsecured creditors are expected to recover only a few pence per pound owed. The company has no active operations, products, or revenue streams as of the most recent source data.

Name

TFS Loans

Legal name

TFS Loans Limited

Website

https://tfsloans.co.uk

Company type

Private

Founded year

2003

Operating status

Closed

Headcount range

101–250 employees

Short description

TFS Loans Limited was a UK-based consumer lender (founded 2003, Rayleigh) providing personal and guarantor loans under FCA oversight. The company entered administration in February 2022 due to insolvency and ceased all operations on 30 September 2025.

Ownership category

akta.pro rank

Headquarters

HQ city

Rayleigh

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Others

Core offering

TFS Loans Limited was a UK-based consumer lending company that provided personal and guarantor loans to individual borrowers. The company operated under FCA oversight and continued collecting loan repayments via direct debit and standing order until it entered administration on 8 February 2022 and ceased operations on 30 September 2025. During administration, TFS administered a Redress Scheme agreed with the FCA for customers who may have been subject to irresponsible lending.

Product overview

No product information available. This source pertains to TFS Loans Limited entering administration on 8 February 2022, with loan collections ceasing effective 30 September 2025. The content consists of insolvency administration notices and creditor FAQs from Opus Restructuring LLP, not product or service offerings from TFS Loans.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Loans

Quantifiable outcome

• Customers receive only a few pence towards every pound of compensation owed (unsecured creditor recovery rate)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Opus Restructuring LLPcoreOthers · 8 February 2022Opus Restructuring LLP was appointed as Joint Administrators of TFS Loans Limited on 8 February 2022. Allister Manson and Trevor Binyon serve as Joint Administrators, managing the wind-down of the company's operations, asset realization, and redress scheme administration.

Recent moves4 records

Direct peers

• Amigo Holdings: UK-listed guarantor lender with near-identical customer proposition to TFS (loans to subprime borrowers backed by a guarantor); also subject to an FCA-approved redress scheme after historical irresponsible-lending findings.
• Curo (formerly Curo Transcomm): UK specialist consumer lender offering guarantor and home-collected credit; entered administration around the same period as TFS following FCA scrutiny, making it the closest comparable defunct peer.
• Provident Financial: Long-established UK home credit and consumer lender serving subprime borrowers via doorstep and online channels; directly comparable customer segment and product set, though operating at much larger scale.
• Oakam: UK-based subprime/consumer lender targeting borrowers with thin credit files using proprietary risk scoring; comparable target customer and small-ticket personal loan product to TFS.
• Wonga: UK payday and short-term consumer lender that collapsed in 2018 and entered administration; highly comparable business model, customer base and regulatory trajectory to TFS.
• 1st Stop Money: UK-based specialist in guarantor loans for borrowers with poor credit; directly comparable niche product and customer segment to TFS's guarantor lending focus.
• Loans Warehouse: UK loan broker and personal-loan distributor serving subprime and near-prime consumers; comparable end-customer profile even though it operates as a broker rather than a direct lender.

Broad incumbents

• Tandem Bank: UK challenger bank with a personal loans book serving credit-impaired consumers; broader product portfolio than TFS but overlapping target segment and regulatory framework (FCA-authorised).

Market position

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

• Xx.com/tfsloans
• Facebookfacebook.com/opusbusinessadvisorygroup
• LinkedInlinkedin.com/showcase/opus-restructuring-&-insolvency

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TFS Loans