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.
- Appointed for 3 years
- Protected through the principal
- No FCA actions
- Active company since 2022
- Accounts filed up to 30 November 2024
Responsible principal firm
Cityplus Network Ltd Reference number: 787508 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.
- Beneco Finance Ltd (FRN 987938) is an AR of Cityplus Network Ltd (FRN 787508). When you use Beneco Finance's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Beneco Finance, 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.
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Phone number
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Address
2nd Floor, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom
In the full report: 3 background checks
- When benecofinance.co.uk first appeared online, and whether it can receive email
- What kind of line 020 8050 2478 is
- Who else gives the postcode E14 9SH
Other names (1)
If you were contacted under any of these names, it is this firm.
- Beneco Financial Services Trading name: A name it trades under now.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Cityplus Network Ltd, 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, freeYou 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
- 14498371 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 22 November 2022 (3 years old)
- Registered office
- 2nd Floor 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Mohammad Mostafizur Rahman | Director | Sep 1980 | 22 Nov 2022 | 4 other companies |
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
- 4
- closed down
- 2
- still active
- 2
In the full report: all 4 companies, named
- What each company does, and whether it is still trading
- Which of its director sits on each board, and since when
- Any that went into liquidation or administration
Filed accounts and finances
Net assets
£1,199
Up £306 from £893
Employees (average)
2
Same as 2
Owed within a year
£4,814
+110% from £2,292
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 14498371. 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
Beneco Finance’s history from the FCA register and Companies House, newest first.
2022
29 November 2022
- Became an appointed representative
- Began trading as "Beneco Financial Services"
FCA register
22 November 2022
- Incorporated at Companies House
- Mohammad Mostafizur Rahman took control (75–100% of shares)
- Mohammad Mostafizur Rahman appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms like Beneco Finance
Other firms of the same type (mortgage adviser or broker), nearest first.
In the East London (E) postcode area
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 Beneco Finance
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 4 other companies its directors have run, named
- 3 background checks on its contact details
- All 5 events in its history
Instant PDF One-off payment Secure checkout by Stripe
Frequently asked questions about this firm
Is Beneco Finance Ltd FCA authorised?
What does appointed representative mean for Beneco Finance?
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Is Beneco Finance a scam or clone?
Is my money safe with Beneco Finance?
Who owns Beneco Finance?
Who runs Beneco Finance?
How long has Beneco Finance been in business?
What do Beneco Finance’s latest accounts show?
Does Beneco Finance use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk