Adsum Technologies Ltd

Reference number: 921976

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When adsum-works.com first appeared online, and whether it can receive email
  • What kind of line 020 3442 0422 is
  • Whether W6 0NB is a shared office: 21 other firms give it
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • AdSum Finance Trading name
  • ADSUM TRUST Former trading name

Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
12471071
Company status
Active
Company type
Private limited company
Incorporated
19 February 2020 (6 years old)
Registered office
123 Buckingham Palace Road, London, SW1W 9SH, England
Nature of business
  • Other professional, scientific and technical activities not elsewhere classified (SIC 74909)

Directors and company secretaries

Name Role Born Appointed Other companies
Justina Tartilaite Director May 1985 19 Feb 2020 4 other companies
Frederick John Wingfield Digby Director Mar 1982 19 Feb 2020 1 other company
Hector Frederic Beckly Mason Director Oct 1994 29 Jul 2022 4 other companies
Alan Vaksman Director Jun 1977 6 Mar 2024 8 other companies

Other companies run by these 4 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
16
closed down
6
are FCA-registered
5

In the full report: all 16 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 5 on the FCA register
  • The 1 company these 4 directors run together
  • All 6 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 June 2025Small company accountsNot audited

Net assets

£1.20m

−31% from £1.75m

Cash at bank

£1.95m

+1.9% from £1.91m

Employees (average)

13

−13% from 15

Owed within a year

£1.56m

+25% from £1.24m

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2021 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 12471071. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Adsum Technologies’s history from the FCA register and Companies House, newest first.

Key events (4) All events (15)

2020

27 March 2020

  • Registered with the FCA

FCA register

19 February 2020

  • Incorporated at Companies House
  • Frederick John Wingfield Digby became a part-owner (25–50% of shares)
  • Justina Tartilaite became a part-owner (25–50% of shares)

Companies House

In the full report: all 15 events

  • All 15 events in its history (4 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Adsum Technologies

Other FCA-listed firms that share a director, phone number or address with Adsum Technologies. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
share a director
3
share its postcode
1

In the full report: all 3 connected firms, named

  • How each is linked: shared directors (3), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 2 past links through former directors
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Get the full report on Adsum Technologies

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 16 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 5 years of accounts, charted
  • All 15 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Adsum Technologies Ltd FCA authorised?
Adsum Technologies Ltd (FRN 921976) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
What is Adsum Technologies’ phone number and website?
The FCA register lists the phone number 020 3442 0422 and the website adsum-works.com for Adsum Technologies. If you were given different contact details, use these to check with the firm before going any further.
Is Adsum Technologies a scam or clone?
Adsum Technologies is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with Adsum Technologies?
Money you hand to Adsum Technologies is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns Adsum Technologies?
Companies House lists 2 people with significant control of Adsum Technologies: Ms Justina Tartilaite (25–50% of shares) and Mr Frederick John Wingfield Digby (25–50% of shares).
Who runs Adsum Technologies?
Companies House lists 4 directors of Adsum Technologies: Justina Tartilaite, Frederick John Wingfield Digby, Hector Frederic Beckly Mason and Alan Vaksman.
How long has Adsum Technologies been in business?
The company was formed on 19 February 2020.
What do Adsum Technologies’ latest accounts show?
Its latest accounts, to 30 June 2025, show net assets of £1.20m (−31% from £1.75m) and cash at bank of £1.95m (+1.9% from £1.91m).
Does Adsum Technologies use any other names?
It trades as AdSum Finance. It has previously used the name ADSUM TRUST.

Sources and links

The full report on Adsum Technologies Ltd

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