Advancing Ltd

Reference number: 710225

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Acts as a payment agent

This firm does not hold FCA authorisation of its own, and acts as a payment agent under another firm's authorisation.

This is one of the company's FCA records. It separately holds full FCA authorisation under FRN 742064 →.

Responsible principal firm

Western Union Payment Services GB Limited Reference number: 816890 Authorised View firm →

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

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.

  • No website on the FCA register

  • Phone number

    01926 258252

  • Address

    144 Parade, Leamington Spa, Warwickshire, CV32 4AG, United Kingdom

In the full report: 2 background checks

  • What kind of line 01926 258252 is
  • Who else gives the postcode CV32 4AG
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Other names (1)

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

  • Cash Brokers (Leamington Spa) Trading name

Past FCA permissions and consumer protection

  • Protection works through the principal
    This firm acts as an agent of an authorised payment or e-money firm rather than holding its own authorisation. FSCS does not protect money held by an agent. Funds should be safeguarded by the principal, and the Financial Ombudsman Service may still be able to look at a complaint.

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 name
ADVANCING LIMITED
Company number
07532678
Company status
Active
Company type
Private limited company
Incorporated
16 February 2011 (15 years old)
Registered office
59-61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX
Nature of business
  • Activities of credit bureaus (SIC 82912)

Directors and company secretaries

Name Role Born Appointed Other companies
Matthew Philip Bromley Director Aug 1983 24 Jun 2016 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 30 April 2025Small company accountsNot audited

Net assets

£678k

+25% from £543k

Cash at bank

£25.3k

−47% from £47.5k

Employees (average)

5

Same as 5

Owed within a year

£349k

+14% from £306k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 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 07532678. 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

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

Key events (7) All events (11)

2025

30 May 2025

  • Advancing Holdings Limited took control (75–100% of shares)
  • Alexander David King stopped being the majority owner
  • Matthew Philip Bromley stopped being a part-owner

Companies House

2020

31 January 2020

  • Matthew Philip Bromley became a part-owner (25–50% of shares)

Companies House

2017

16 February 2017

  • Alexander David King became the majority owner (50–75% of shares)

Companies House

2015

15 July 2015

  • Status on the FCA register became "PSD Agent"

FCA register

2011

16 February 2011

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (7 shown here)
  • Every director appointment and resignation: 3
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Get the full report on Advancing

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

  • Every company its directors have run, named
  • 2 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history

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Frequently asked questions about this firm

Is Advancing Ltd FCA authorised?
Advancing Ltd (FRN 710225) is on the FCA register as an agent of an authorised payment or e-money firm. It does not hold its own authorisation: it acts under the principal's, and the principal is responsible for the money.
What is Advancing’s phone number?
The FCA register lists the phone number 01926 258252 for Advancing. If you were given different contact details, use these to check with the firm before going any further.
Is Advancing a scam or clone?
Advancing is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Advancing?
Advancing is an agent, so it does not hold its own FCA authorisation and FSCS does not protect money held by an agent. Your money should be safeguarded by the authorised firm it acts for. You can still refer a complaint to the Financial Ombudsman Service, which may be able to look at it.
Who owns Advancing?
Advancing is owned by Advancing Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 30 May 2025. Before that, it was controlled by Mr Matthew Philip Bromley and Mr Alexander David King.
Who runs Advancing?
Companies House lists one director of Advancing: Matthew Philip Bromley.
How long has Advancing been in business?
The company was formed on 16 February 2011.
What do Advancing’s latest accounts show?
Its latest accounts, to 30 April 2025, show net assets of £678k (+25% from £543k) and cash at bank of £25.3k (−47% from £47.5k).
Does Advancing use any other names?
It trades as Cash Brokers (Leamington Spa).

Sources and links

The full report on Advancing Ltd

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