Beneficial Ltd

Reference number: 736655

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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

  • When beneficial-network.co.uk first appeared online, and whether it can receive email
  • What kind of line 0333 700 0900 is
  • Who else gives the postcode SK9 1JX
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Other names (7)

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

  • Beneficial Life Trading name
  • Beneficial Life (London) Limited Former name
  • Broker Line Former trading name
  • fitinsure Former trading name
  • Health & Income Former trading name
  • Number One Packaging Former trading name
  • Peninsula Life Former trading 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.
  • 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 · Arrange equity release 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 (17 permissions)
  • Acting as a CBTL administrator
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • 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 a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Providing Credit Information Services

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
09903981
Company status
Active
Company type
Private limited company
Incorporated
7 December 2015 (10 years old)
Registered office
Suite 1, The Studios, 16a Alderley Road, Wilmslow, Cheshire, SK9 1JX, England
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Mathew George Rees Director Sep 1979 5 Sep 2020 8 other companies
Alison Banks Director Feb 1972 5 Aug 2026 None

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
8
closed down
2
went insolvent
1

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Micro-entity accountsNot audited

Net assets

−£154k

−184% from £183k

Employees (average)

3

−50% from 6

Owed within a year

−£720k

Down £356k from −£364k

Net assets are negative: on its last balance sheet the company owed £154k more than it owned.

Net assets

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • 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 09903981. 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

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

Key events (10) All events (27)

2025

5 March 2025

  • Beneficial Holdings Ltd took control (75–100% of shares)
  • Mathew George Rees gave up control

Companies House

2022

10 May 2022

  • Changed its registered name from "Beneficial Life (London) Limited"

FCA register

2020

5 September 2020

  • Board replaced: its only director left and a new director took over
  • Jason McDonald gave up control
  • Mathew George Rees took control (75–100% of shares)

Companies House

2016

25 July 2016

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

6 April 2016

  • Jason McDonald took control (75–100% of shares)

Companies House

2015

7 December 2015

  • Incorporated at Companies House

Companies House

In the full report: all 27 events

  • All 27 events in its history (10 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Beneficial

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

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

Other firms of the same type (mortgage adviser or broker), nearest first.

In Wilmslow

Business Choices LimitedWilmslowAuthorisedFlexi Network LtdWilmslowAuthorisedMortgage Savers LimitedWilmslowAuthorisedGascoigne Halman LimitedWilmslowAppointed representativeLee Edmond MorrisWilmslowAppointed representativeNorth Star Mortgage & Financial Services LtdWilmslowAppointed 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 Beneficial

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 27 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Beneficial Ltd FCA authorised?
Yes, Beneficial Ltd (FRN 736655) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2016 and works as a mortgage adviser or broker. The FCA has placed no limits on its permissions.
What is Beneficial’s phone number and website?
The FCA register lists the phone number 0333 700 0900 and the website beneficial-network.co.uk for Beneficial. If you were given different contact details, use these to check with the firm before going any further.
Is Beneficial a scam or clone?
Beneficial 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 Beneficial?
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 Beneficial to the Financial Ombudsman Service, free of charge.
Who owns Beneficial?
Beneficial is owned by Beneficial Holdings Ltd, which holds 75–100% of shares, since 5 March 2025. Before that, it was controlled by Mr Jason McDonald and Mr Mathew George Rees.
Who runs Beneficial?
Companies House lists 2 directors of Beneficial: Mathew George Rees and Alison Banks.
How long has Beneficial been in business?
The company was formed on 7 December 2015, and has held its current FCA authorisation since July 2016.
What do Beneficial’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of −£154k (−184% from £183k).
Does Beneficial use any other names?
It trades as Beneficial Life. It has previously used 6 other names, including Beneficial Life (London) Limited, Broker Line and fitinsure.

Sources and links

The full report on Beneficial Ltd

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