Altum Risk Limited

Reference number: 1007822

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Altum Risk Limited (FRN 1007822) is an AR of Shanghai Asian Insurance Brokers (UK) Limited (FRN 743840). When you use Altum Risk's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Altum Risk, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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 saibuk.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 3968 7710 is, and the other firm that gives it
  • Whether EC3V 0HR is a shared office: 25 other firms give it
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Shanghai Asian Insurance Brokers (UK) Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

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 status
Active
Company type
Private limited company
Incorporated
27 November 2023 (2 years old)
Registered office
70 Gracechurch Street, London, EC3V 0HR, England
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Rongqing Bao Director Oct 1969 27 Nov 2023 None
Huiqiong Pu Director Jul 1970 27 Nov 2023 None

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
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Filed accounts and finances

Year to 31 December 2025Micro-entity accountsNot audited

Net assets

£4,532

Up £4,531 from £1

Employees (average)

2

No earlier figure to compare

Owed within a year

£2,890

No earlier figure to compare

Net assets

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 15309075. 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

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

2024

11 April 2024

  • Became an appointed representative

FCA register

2023

27 November 2023

  • Incorporated at Companies House
  • Shanghai Asian Insurance Brokers (UK) Limited took control (75–100% of shares)
  • Huiqiong Pu appointed as a director
  • Rongqing Bao appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms connected to Altum Risk

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

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Altum Risk

Other firms of the same type (insurance broker), nearest first.

In London

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 Altum Risk

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
  • 3 background checks on its contact details, 1 flagged
  • All 5 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Altum Risk Limited FCA authorised?
Altum Risk Limited (FRN 1007822) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Altum Risk?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Altum Risk Limited (FRN 1007822) is an AR of Shanghai Asian Insurance Brokers (UK) Limited (FRN 743840). When you use Altum Risk's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Altum Risk, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Altum Risk’s phone number and website?
The FCA register lists the phone number 020 3968 7710 and the website saibuk.co.uk for Altum Risk. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Altum Risk a scam or clone?
Altum Risk 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 Altum Risk?
Protection works through Shanghai Asian Insurance Brokers (UK) Limited, the principal firm responsible for Altum Risk's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Altum Risk?
Altum Risk is owned by Shanghai Asian Insurance Brokers (UK) Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 27 November 2023.
Who runs Altum Risk?
Companies House lists 2 directors of Altum Risk: Rongqing Bao and Huiqiong Pu.
How long has Altum Risk been in business?
The company was formed on 27 November 2023.
What do Altum Risk’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £4,532 (up £4,531 from £1).

Sources and links

The full report on Altum Risk Limited

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