Boreal IM Limited

Reference number: 1046261

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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.
  • Boreal IM Limited (FRN 1046261) is an AR of Carne International Financial Services (UK) Limited (FRN 823316). When you use Boreal IM's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Boreal IM, 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.

In the full report: 3 background checks

  • When borealim.com first appeared online, and whether it can receive email
  • What kind of line 07823 858577 is
  • Who else gives the postcode W1F 7QH
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Carne International Financial Services (UK) Limited, 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.

Companies House record

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

Company status
Active
Company type
Private limited company
Incorporated
15 February 2022 (4 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Management of real estate on a fee or contract basis (SIC 68320)

Directors and company secretaries

Name Role Born Appointed Other companies
Peter Paul Bingel Director Feb 1981 15 Feb 2022 11 other companies
James Samuel John Farmer Director Aug 1979 15 Feb 2022 3 other companies
Louis-Simon Ferland Director Oct 1975 15 Feb 2022 12 other companies
Nikolaos Koulouras Director Feb 1973 8 Jun 2023 2 other companies
Graham Peter Tyler Director Oct 1975 8 Jun 2023 41 other companies
Christopher George John Lankin Director Sep 1979 10 Jun 2025 16 other companies

Other companies run by these 6 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
45
closed down
3
run together
18

In the full report: all 45 companies, named

  • What each company does, and whether it is still trading
  • Which of these 6 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 18 companies these 6 directors run together
  • All 10 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Full accountsNot audited

Net assets

£3.49m

<1% from £3.46m

Cash at bank

£1.75m

−38% from £2.83m

Employees (average)

21

+62% from 13

Owed within a year

£1.88m

+65% from £1.14m

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.

Accounts filed at Companies House for company 13916997. 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

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

2025

17 December 2025

  • Became an appointed representative

FCA register

2022

23 March 2022

  • Boreal Industrial Opco LP took control (75–100% of shares)
  • Boreal Master Pooling LP gave up control

Companies House

15 February 2022

  • Incorporated at Companies House
  • Boreal Master Pooling LP took control (75–100% of shares)

Companies House

In the full report: all 19 events

  • All 19 events in its history (5 shown here)
  • Every director appointment and resignation: 14
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Firms connected to Boreal IM

Other FCA-listed firms that share a director, phone number or address with Boreal IM. 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 Boreal IM

Other firms of the same type (financial adviser), 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 Boreal IM

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

  • 45 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 19 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Boreal IM Limited FCA authorised?
Boreal IM Limited (FRN 1046261) 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 Boreal IM?
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. Boreal IM Limited (FRN 1046261) is an AR of Carne International Financial Services (UK) Limited (FRN 823316). When you use Boreal IM's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Boreal IM, 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 Boreal IM’s phone number and website?
The FCA register lists the phone number 07823 858577 and the website borealim.com for Boreal IM. If you were given different contact details, use these to check with the firm before going any further.
Is Boreal IM a scam or clone?
Boreal IM 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 Boreal IM?
Protection works through Carne International Financial Services (UK) Limited, the principal firm responsible for Boreal IM's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Boreal IM?
Boreal IM is owned by Boreal Industrial Opco LP, which holds 75–100% of shares and 75–100% of votes, since 23 March 2022. Before that, it was controlled by Boreal Master Pooling LP.
Who runs Boreal IM?
Companies House lists 6 directors of Boreal IM: Peter Paul Bingel, James Samuel John Farmer, Louis-Simon Ferland, Nikolaos Koulouras, Graham Peter Tyler and Christopher George John Lankin.
How long has Boreal IM been in business?
The company was formed on 15 February 2022.
What do Boreal IM’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £3.49m (<1% from £3.46m) and cash at bank of £1.75m (−38% from £2.83m).

Sources and links

The full report on Boreal IM Limited

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