Alka Financial Services Limited

Reference number: 403017

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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

  • When alka.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8904 5088 is
  • Who else gives the postcode HA0 2LR
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FCA permissions and consumer protection

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (4 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Making arrangements with a view to transactions in investments

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
05134995
Company status
Active
Company type
Private limited company
Incorporated
21 May 2004 (22 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Life insurance (SIC 65110)
  • Life reinsurance (SIC 65201)

Directors and company secretaries

Name Role Born Appointed Other companies
Kaileshkumar Vishnubhai Patel Director Dec 1960 21 May 2004 7 other companies
Kaileshkumar Vishnubhai Patel Secretary Not published 8 Sep 2015 –

Other companies run by its director

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
7
closed down
3
went insolvent
1

In the full report: all 7 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • The one that went into liquidation or administration
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 May 2025Full accountsNot audited

Total equity

£203k

−2.5% from £208k

Cash at bank

£472

Up £120 from £352

Owed within a year

£141k

+18% from £119k

Assets and liabilities

In the full report: all 8 years of accounts

  • Every year from 2018 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.

Accounts filed at Companies House for company 05134995. 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

Alka Financial Services’s history from the FCA register and Companies House, newest first.

Key events (5) All events (13)

2016

6 April 2016

  • Kaileshkumar Vishnubhai Patel took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2005

13 January 2005

  • Became authorised by the FCA

FCA register

2004

19 August 2004

  • Regulated by the Financial Services Authority from this date

FCA register

21 May 2004

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (5 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Alka Financial Services

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Alka Financial Services

Other firms of the same type (financial adviser), nearest first.

In Wembley

Affinity Group Financial Services LimitedWembleyAuthorisedArvindkumar Purshottam PatelWembleyAuthorisedBhavik Shah IFAWembleyAuthorisedFlemmings Financial Planning LimitedWembleyAuthorisedMurali PujariWembleyAppointed representativeOakwood Financial Planning LtdWembleyAppointed representative

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Alka Financial Services

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

  • 7 other companies its directors have run, named
  • 3 background checks on its contact details
  • 8 years of accounts, charted
  • All 13 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Alka Financial Services Limited FCA authorised?
Yes, Alka Financial Services Limited (FRN 403017) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2005 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Alka Financial Services’ phone number and website?
The FCA register lists the phone number 020 8904 5088 and the website alka.co.uk for Alka Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Alka Financial Services a scam or clone?
Alka Financial Services 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 Alka Financial Services?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Alka Financial Services to the Financial Ombudsman Service, free of charge.
Who owns Alka Financial Services?
Companies House lists one person with significant control of Alka Financial Services: Mr Kaileshkumar Vishnubhai Patel (75–100% of shares).
Who runs Alka Financial Services?
Companies House lists one director of Alka Financial Services: Kaileshkumar Vishnubhai Patel.
How long has Alka Financial Services been in business?
The company was formed on 21 May 2004, and has held its current FCA authorisation since January 2005.
What do Alka Financial Services’ latest accounts show?
Its latest accounts, to 31 May 2025, show total equity of £203k (−2.5% from £208k) and cash at bank of £472 (up £120 from £352).

Sources and links

The full report on Alka Financial Services Limited

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