Bids Trading Limited

Reference number: 763377

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Scammers have impersonated this firm. The FCA has published 1 warning naming the fake phone numbers, emails and websites they used. See the warnings →

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.

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.
  • Bids Trading Limited (FRN 763377) is an AR of JTC GAS UK LLP (FRN 551769). When you use Bids Trading's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Bids Trading, 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

    0117 918 1216

  • Address

    50 Broadway, London, SW1H 0BL, United Kingdom

In the full report: 2 background checks

  • What kind of line 0117 918 1216 is
  • Who else gives the postcode SW1H 0BL
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Warning

Scammers have impersonated this firm

Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.

The FCA warning these came from

Scammers change these details often. Always check the live FCA warning.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Jtc Gas UK LLP, 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.

The clone warnings above are scammers using this firm's name, not something the firm has done.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
12 May 2015 (11 years old)
Registered office
Suite 1, 7th Floor 50 Broadway, London, SW1H 0BL, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Stephen Berte Director Jun 1980 4 Apr 2022 None
Karl Gordon Spielmann Director Aug 1970 30 Sep 2026 15 other companies
VISTRA COMPANY SECRETARIES LIMITED Corporate secretary Not published 12 May 2015 –

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
15
closed down
10
is FCA-registered
1

In the full report: all 15 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
  • The one on the FCA register
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Full accountsNot audited

Turnover

£107k

No earlier figure to compare

Profit before tax

£3,119

No earlier figure to compare

Net assets

£97.9k

No earlier figure to compare

Cash at bank

£106k

No earlier figure to compare

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.

Accounts filed at Companies House for company 09586732. 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

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

2022

17 June 2022

  • FCA warned the public about a scam impersonating this firm

FCA warning list

2016

1 November 2016

  • Became an appointed representative

FCA register

2015

12 May 2015

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (3 shown here)
  • Every director appointment and resignation: 12
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Firms connected to Bids Trading

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

connected firm
1
share a director
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
Instant PDF download

Firms like Bids Trading

Other firms of the same type (investment or fund manager), nearest first.

In London

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 Bids Trading

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

  • 15 other companies its directors have run, named
  • 2 background checks on its contact details
  • 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 Bids Trading Limited FCA authorised?
Bids Trading Limited (FRN 763377) 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 Bids Trading?
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. Bids Trading Limited (FRN 763377) is an AR of JTC GAS UK LLP (FRN 551769). When you use Bids Trading's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Bids Trading, 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 Bids Trading’s phone number?
The FCA register lists the phone number 0117 918 1216 for Bids Trading. If you were given different contact details, use these to check with the firm before going any further.
Is Bids Trading a scam or clone?
Scammers have impersonated Bids Trading: the FCA has published a warning about fake versions of it, using contact details that are not the firm's. Only trust the details the FCA register gives for Bids Trading, shown on this page.
Is my money safe with Bids Trading?
Protection works through Jtc Gas UK LLP, the principal firm responsible for Bids Trading's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who runs Bids Trading?
Companies House lists 2 directors of Bids Trading: Stephen Berte and Karl Gordon Spielmann.
How long has Bids Trading been in business?
The company was formed on 12 May 2015.
What do Bids Trading’s latest accounts show?
Its latest accounts, to 31 December 2025, show turnover of £107k (no earlier figure to compare) and profit before tax of £3,119 (no earlier figure to compare).

Sources and links

The full report on Bids Trading Limited

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