Avsons Financial Limited

Reference number: 439187

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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, 1 thing worth a closer look

  • When avsons.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8300 1161 is
  • Who else gives the postcode BR5 2QH
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Other names (1)

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

  • Shama Financial Ltd Former name

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.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • 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 (11 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Dealing in investments as agent
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • 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
05506409
Company status
Active
Company type
Private limited company
Incorporated
12 July 2005 (21 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Miten Patel Director Dec 1984 29 Aug 2025 None
Miten Patel Secretary Not published 12 Jul 2005 –

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 31 December 2024Small company accountsNot audited

Net assets

£4,756

−58% from £11.3k

Cash at bank

£63.7k

+19% from £53.7k

Employees (average)

1

Same as 1

Owed within a year

£65.0k

+31% from £49.6k

Net assets

In the full report: all 5 years of accounts

  • Every year from 2019 to 2024
  • 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 05506409. Figures are exactly as filed; nothing is estimated.

Key dates in its history

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

Key events (9) All events (16)

2025

29 August 2025

  • Board replaced: its only director left and a new director took over
  • Ashok Patel gave up control
  • Miten Patel took control (75–100% of shares)

Companies House

2016

1 July 2016

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

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2012

20 December 2012

  • Changed its registered name from "Shama Financial Ltd"

FCA register

2005

6 December 2005

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

12 July 2005

  • Incorporated at Companies House

Companies House

In the full report: all 16 events

  • All 16 events in its history (9 shown here)
  • Every director appointment and resignation: 3
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Firms like Avsons Financial

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

In Orpington

Burwood Sage + Brookridge LtdOrpingtonAuthorisedChantler Kent InvestmentsOrpingtonAuthorisedCulverhouse Financial Planning LtdOrpingtonAuthorisedGrove Pension Solutions LtdOrpingtonAuthorisedMetcalf Moat IFA LimitedOrpingtonAuthorisedSentient Wealth Management LimitedOrpingtonAuthorised

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 Avsons 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
  • 3 background checks on its contact details, 1 flagged
  • 5 years of accounts, charted
  • All 16 events in its history

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Frequently asked questions about this firm

Is Avsons Financial Limited FCA authorised?
Yes, Avsons Financial Limited (FRN 439187) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2005 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Avsons Financial’s phone number and website?
The FCA register lists the phone number 020 8300 1161 and the website avsons.co.uk for Avsons Financial. If you were given different contact details, use these to check with the firm before going any further.
Is Avsons Financial a scam or clone?
Avsons 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 Avsons Financial?
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 Avsons Financial to the Financial Ombudsman Service, free of charge.
Who owns Avsons Financial?
Companies House lists one person with significant control of Avsons Financial: Mr Miten Patel (75–100% of shares). Before that, it was controlled by Mr Ashok Patel.
Who runs Avsons Financial?
Companies House lists one director of Avsons Financial: Miten Patel.
How long has Avsons Financial been in business?
The company was formed on 12 July 2005, and has held its current FCA authorisation since December 2005.
What do Avsons Financial’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £4,756 (−58% from £11.3k) and cash at bank of £63.7k (+19% from £53.7k).
Does Avsons Financial use any other names?
It has previously used the name Shama Financial Ltd.

Sources and links

The full report on Avsons Financial Limited

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