Eldens Finance Limited, a London-based pawnbroker specializing in high-value luxury assets, has entered administration, leaving customer items held as security for loans under the control of insolvency practitioners. The Financial Conduct Authority (FCA) announced the appointment of William Antony Batty and Hugh Jesseman of Antony Batty & Company Ltd as Joint Administrators on July 6, 2026.
Company Background and Regulatory Actions
According to the FCA, Eldens provided pawnbroking loans primarily secured against high-value and luxury assets. On June 19, 2026, the company agreed to a voluntary requirement restricting its ability to deal with and dispose of assets, as well as its permissions to carry out regulated activities. The FCA is supervising the administration process to ensure orderly winding down in the interests of creditors.
Customer Pledged Assets and Next Steps
The FCA confirmed that Eldens holds a number of customer items used as security for pawnbroking loans, referred to as pledged assets. The regulator stated: “We are engaging with Eldens and the Joint Administrators to support appropriate outcomes for customers in relation to these items.” Customers with claims or questions about their loans or pledged items are directed to contact the Joint Administrators directly.
A spokesperson for Antony Batty & Company Ltd said: “Following the appointment of William Antony Batty and Hugh Jesseman as Joint Administrators to Eldens Finance Limited, we are currently assessing the Company's affairs. We are working to ensure that customer records, data and pledged items are secure and protected and that customer enquiries are addressed and continue to be handled appropriately. Customers will be provided with updates as further information becomes available.”
Scam Warning and Customer Support
The FCA warned customers to remain vigilant against potential scams during the administration process. Anyone receiving an unexpected call from someone claiming to be from Eldens, Antony Batty & Company, or the FCA should end the call and contact the relevant party directly. The regulator also highlighted that customers struggling financially can access free, impartial guidance from MoneyHelper.
