Bailey Financial Limited

Reference number: 410508

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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 baileyfinancial.co.uk first appeared online, and whether it can receive email
  • What kind of line 01372 277271 is, and the other firm that gives it
  • Who else gives the postcode KT21 1AA
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FCA permissions and consumer protection

  • Hold or safeguard your money · 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.
  • 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.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • 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 (9 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Debt-counselling
  • Making arrangements with a view to transactions in investments

Limits on what they may do

  • No new customers - effective 14/11/2022
    Requirement 1 (New Business restriction) 1. The Firm must not, without prior written consent of the FCA carry out any regulated activities for which it has Part 4A permission, nor any ancillary activities with new customers, other than administrative tasks, such as factually responding to queries, that are not likely to be perceived as encouraging new customers. This restriction includes any pipeline new customer business. 2. In Requirement 1: (a) new customer means any customer other than existing customers of the Firm as at the Effective Date; and (b) pipeline new customer business means business which the Firm has been requested to carry out prior to the Effective Date for persons who would have become new customers after the Effective Date if the firm were to carry out that business.
  • Asset Restriction - effective 14/11/2022
    Requirement 2 (Assets restriction) 3. The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the United Kingdom or elsewhere). 4. The assets restriction does not apply to monetary payments or the disposal of assets made by the Firm in the ordinary course of business as described in paragraph 9. 5. For the avoidance of doubt, any transfer between the Firm’s bank or securities accounts requires the FCA prior written consent. 6. The FCA regards any disposal or transfer of client books or files by the Firm, its advisers or employees, as diminishing the value of the Firms’ assets, namely the goodwill arising in relation to the client books or files, regardless of whether the Firm, advisers or employees consider that the Firm owns the client books or files. 7. For the avoidance of doubt, the following payments shall not be regarded as payments in the ordinary course of business (not an exhaustive list): a. Payments of unusual or significant amounts to the Firm’s controllers, shareholders, directors, officers, employees or any connected persons. b. The making of any capital distribution. c. The making of any gift or loan by the Firm to any party. d. Payments made as part of any financial restructuring or reorganisation of its business (whether share or asset based). 8. For the purpose of paragraph 7, the FCA will consider payments in excess of £5000 to be payments of a significant amount, whether as a single transaction or a combination of related transactions. The FCA may also consider payments of amounts below £5000 to be significant depending on the particular circumstances and context. 9. The assets restriction in paragraph 3 does not apply to: a. Transactions in the ordinary course of carrying on regulated activities with existing customers. b. Payments of funds the Firm’s suppliers or other relevant third parties in the ordinary course of business where necessary to fulfil the Firm’s contractual obligations. c. Usual and proper salary payments and pension contributions made by the Firm. 10. For the avoidance of doubt, the Requirement above is an asset restriction for the purpose of section 55P of FSMA. Requirement 3: Notification requirements 11. The Firm must nominate an FCA-Approved SMF Manager to provide written confirmation by email to the FCA that the Firm is in compliance with these Requirements at the Effective Date and on a monthly basis following the Effective Date. 12. In addition, the Firm must ensure that the FCA is informed on an ongoing basis and through the Firm’s usual FCA supervisory contact, of the Firm’s correspondence/ with its professional indemnity insurance (PII) provider. Requirement 4: Secure records 13. The Firm must secure and retain all books and records and preserve all information and systems, in a form that can be provided to the FCA, or to a person named by the FCA, promptly on its request. 14. The Firm must retain all books, records, information and systems at a location within the United Kingdom and must notify the FCA of the location in writing by email to the Firm’s usual FCA supervisory contact within 5 days of the Effective Date.
  • Asset Restriction Amendment - effective 21/08/23
    Requirement 2 (Assets restriction) All other requirements since 14/11/22 (in other paragraphs not listed here), remain in place. 4. Except in relation to paragraphs 10 to 13, the assets restriction does not apply to monetary payments or the disposal of assets made by the Firm in the ordinary course of business. 5. For the purposes of paragraph 4, ordinary course of business is to be read as follows: a) Transactions in the ordinary course of carrying on regulated activities with existing customers. b) Payments of funds to the Firm’s suppliers or other relevant third parties in the ordinary course of business where necessary to fulfil the Firm’s contractual obligations. c) Usual and proper salary payments and pension contributions made by the Firm. 9. For the purpose of paragraph 5, the FCA will consider payments in excess of £5,000 to be payments of a significant amount, whether as a single transaction or a combination of related transactions. The Firm will seek the prior written consent of the FCA in relation any payments in excess of £5,000. The FCA may also consider payments of amounts below £5,000 to be significant depending on the particular circumstances and context. 10. The Firm must segregate its bank accounts so that all remuneration the Firm receives from its providers of regulated financial products sold to customers is held in a separate bank account to its main business accounts and other accounts. The firm must not remove or dispose of any of these funds/assets (including where the payments would otherwise be considered the ordinary course of business per paragraph 4 and 5) without the prior written consent of the FCA. 11. If the segregated account is a new account, the Firm must notify all its product providers about the segregated bank account mentioned in paragraph 10 above and ask them to confirm to the Firm in writing that they will make any remuneration payments that are owed to the Firm into that account. 12. The Firm must use its best endeavours to progress the sale of ………… and any proceeds of sale must be paid into the segregated bank account referred to in paragraph 10. The buyer of this property must be notified of the segregated bank account mentioned in paragraph 10 above and asked for written confirmation that it will pay the sale proceeds into this account. The Firm will provide a copy of the written confirmation to the FCA upon request. The Firm must not remove or dispose of any of these funds/assets (including where the payments would otherwise be considered the ordinary course of business per paragraph 4 and 5) without the prior written consent of the FCA. 13. In the event the FCA consents to any disposal or transfer of client books or files by the Firm, its advisers or employees, any proceeds of sale must be paid into the segregated bank account referred to in paragraph 10. The buyer of the client books or files must be notified of the segregated bank account mentioned in paragraph 10 above and asked for written confirmation that it will pay the sale proceeds into this account. The Firm will provide a copy of the written confirmation to the FCA upon request. The Firm must not remove or dispose of any of these funds/assets (including where the payments would otherwise be considered the ordinary course of business per paragraph 4 and 5) without the prior written consent of the FCA. 14. For the avoidance of doubt, the Requirement above is an asset restriction for the purpose of section 55P of FSMA. 15. Pursuant to s 55P(5)(b) the FCA will give notice of the requirement in paragraphs 6, 9, 10, 12 and 13 to any institutions with whom the Firm keeps an account, so that the relevant institution will not be permitted to allow release of the funds in the accounts other than in accordance with the terms of the Requirements.
  • Notification Requirements - effective 21/08/23
    Requirement 3: Notification requirements 16. The Firm must provide the following written notifications to the FCA: a) The Firm must provide written confirmation by email to the FCA that the Firm is in compliance with these Requirements at the Effective Date and on a monthly basis following the Effective Date. b) The Firm must provide written confirmation that the Requirements contained in paragraphs 10 to 11 have been complied with within 10 working days from the Effective Date of those Requirements. c) In addition, the Firm must ensure that the FCA is informed on an ongoing basis and through the Firm’s usual FCA supervisory contact, of the Firm’s correspondence with its professional indemnity insurance (PII) provider.

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
22 April 2004 (22 years old)
Registered office
5 Luke Street, London, EC2A 4PX
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Robert John Bailey Director Dec 1959 22 Apr 2004 5 other companies
Helen Louise Lindsay Director Nov 1961 16 Jan 2026 None
Helen Louise Lindsay Secretary Not published 15 Oct 2004 –

Other companies run by these 2 directors

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
5
closed down
5

In the full report: all 5 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 December 2024Abridged accountsNot audited

Net assets

−£53.7k

Up £4,548 from −£58.3k

Cash at bank

£0

−100% from £2,311

Employees (average)

13

+8.3% from 12

Owed within a year

£520k

+49% from £349k

Net assets are negative: on its last balance sheet the company owed £53.7k more than it owned.

Assets and liabilities

In the full report: all 6 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 05108747. 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

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

2023

21 August 2023

  • FCA imposed a requirement (Asset Restriction Amendment - effective 21/08/23)
  • FCA imposed a requirement (Notification Requirements - effective 21/08/23)

FCA register

2022

14 November 2022

  • FCA imposed a requirement (Asset Restriction - effective 14/11/2022)
  • FCA imposed a requirement (No new customers - effective 14/11/2022)

FCA register

2016

6 April 2016

  • Robert John Bailey took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2004

2 December 2004

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

FCA register

22 April 2004

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (9 shown here)
  • Every director appointment and resignation: 2
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Firms connected to Bailey Financial

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

connected firm
1
share its phone number
1

In the full report: the connected firm, named

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

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

In Ashtead

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 Bailey Financial

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

  • 5 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 15 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Bailey Financial Limited FCA authorised?
Yes, Bailey Financial Limited (FRN 410508) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2004 and works as a financial adviser. The FCA has placed 4 limits on what it may do.
What is Bailey Financial’s phone number and website?
The FCA register lists the phone number 01372 277271 and the website baileyfinancial.co.uk for Bailey Financial. 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 Bailey Financial a scam or clone?
Bailey 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 Bailey Financial?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Bailey Financial to the Financial Ombudsman Service, free of charge.
Who owns Bailey Financial?
Companies House lists one person with significant control of Bailey Financial: Mr Robert John Bailey (75–100% of shares).
Who runs Bailey Financial?
Companies House lists 2 directors of Bailey Financial: Robert John Bailey and Helen Louise Lindsay.
How long has Bailey Financial been in business?
The company was formed on 22 April 2004, and has held its current FCA authorisation since December 2004.
What do Bailey Financial’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of −£53.7k (up £4,548 from −£58.3k) and cash at bank of £0 (−100% from £2,311).

Sources and links

The full report on Bailey Financial Limited

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