Ashram Financial Limited

Reference number: 940800

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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.

Responsible principal firm

HL Partnership Limited Reference number: 303397 Authorised View firm →
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.
  • Ashram Financial Limited (FRN 940800) is an AR of HL Partnership Limited (FRN 303397). When you use Ashram Financial's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Ashram Financial, 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.

  • No website on the FCA register

  • Phone number

    07976 239312

  • Address

    120 Cambridge Road, Hounslow, Hounslow, TW4 7BH, United Kingdom

In the full report: 2 background checks

  • What kind of line 07976 239312 is
  • Who else gives the postcode TW4 7BH
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through HL Partnership 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 number
13032944
Company status
Active
Company type
Private limited company
Incorporated
19 November 2020 (5 years old)
Registered office
120 Cambridge Road, Hounslow, TW4 7BH, England
Nature of business
  • Financial management (SIC 70221)

Directors and company secretaries

Name Role Born Appointed Other companies
Sandeep Kumar Bassi Director Jan 1975 19 Nov 2020 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 30 November 2022Micro-entity accountsAudited

Net assets

£10.3k

Up £9,994 from £276

Employees (average)

1

Same as 1

Assets and liabilities

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 13032944. 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

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

2020

11 December 2020

  • Became an appointed representative

FCA register

19 November 2020

  • Incorporated at Companies House
  • Sandeep Kumar Bassi took control (75–100% of shares)
  • Sandeep Kumar Bassi appointed as a director

Companies House

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

Firms like Ashram Financial

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

In Hounslow

Heritage Business Solutions LtdHounslowAppointed representativeMohan Kumar MadduHounslowAppointed representativeTrident Finance LtdHounslowAppointed representativePaul McFadden Wealth LtdHounslowAppointed 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 Ashram Financial

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
  • All 4 events in its history

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Frequently asked questions about this firm

Is Ashram Financial Limited FCA authorised?
Ashram Financial Limited (FRN 940800) 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 Ashram Financial?
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. Ashram Financial Limited (FRN 940800) is an AR of HL Partnership Limited (FRN 303397). When you use Ashram Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Ashram Financial, 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 Ashram Financial’s phone number?
The FCA register lists the phone number 07976 239312 for Ashram Financial. If you were given different contact details, use these to check with the firm before going any further.
Is Ashram Financial a scam or clone?
Ashram Financial 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 Ashram Financial?
Protection works through HL Partnership Limited, the principal firm responsible for Ashram Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Ashram Financial?
Companies House lists one person with significant control of Ashram Financial: Mr Sandeep Kumar Bassi (75–100% of shares).
Who runs Ashram Financial?
Companies House lists one director of Ashram Financial: Sandeep Kumar Bassi.
How long has Ashram Financial been in business?
The company was formed on 19 November 2020.
What do Ashram Financial’s latest accounts show?
Its latest accounts, to 30 November 2022, show net assets of £10.3k (up £9,994 from £276).

Sources and links

The full report on Ashram Financial Limited

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