BSG Financial Solutions Limited

Reference number: 214741

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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.

Responsible principal firm

Openwork Limited Reference number: 408285 Authorised 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.
  • BSG Financial Solutions Limited (FRN 214741) is an AR of Openwork Limited (FRN 408285). When you use BSG Financial Solutions's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from BSG Financial Solutions, 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 bsgfs.co.uk first appeared online, and whether it can receive email
  • What kind of line 01923 852080 is
  • Who else gives the postcode WD7 9AD
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Other names (4)

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

  • BSG Financial Solution Limited Former name
  • BSG Financial Solution Ltd Former name
  • BSG Financial Solutions Former name
  • Richard Anthony Lubek Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork 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 number
05263505
Company status
Active
Company type
Private limited company
Incorporated
19 October 2004 (22 years old)
Registered office
2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 7QE, England
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Nigel Thomas Goodwin Preece Director Sep 1978 2 Jun 2011 5 other companies
Stefan Mark Lubek Director Jan 1992 1 Jul 2020 2 other companies
Sarah Wichelow Director Aug 1993 10 Feb 2022 2 other companies

Other companies run by these 3 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
3
run together
3

In the full report: all 5 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 3 companies these 3 directors run together
  • All 9 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2026Full accountsNot audited

Net assets

£2.77m

+11% from £2.50m

Cash at bank

£908k

+28% from £707k

Owed within a year

£92.3k

−49% from £182k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • 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.

Accounts filed at Companies House for company 05263505. 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

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

Key events (9) All events (23)

2021

20 December 2021

  • Bsg Group Limited gave up control
  • Bsg Topco Limited took control (75–100% of shares)

Companies House

2016

6 April 2016

  • Bsg Group Limited took control (75–100% of shares)

Companies House

2015

29 December 2015

  • Changed its registered name from "BSG Financial Solution Limited"

FCA register

1 December 2015

  • Changed its registered name from "BSG Financial Solution Ltd"

FCA register

2008

19 March 2008

  • Changed its registered name from "Richard Anthony Lubek"

FCA register

2007

8 February 2007

  • Changed its registered name from "BSG Financial Solutions"

FCA register

2004

19 October 2004

  • Incorporated at Companies House

Companies House

2002

11 July 2002

  • Became an appointed representative

FCA register

In the full report: all 23 events

  • All 23 events in its history (9 shown here)
  • Every director appointment and resignation: 13
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Firms like BSG Financial Solutions

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

In Radlett

Kinetic Wealth Management LimitedRadlettAppointed representativeMorris Wealth Management LimitedRadlettAppointed representativeOptimal Wealth Management LTDRadlettAppointed representativeSimon BensonRadlettAppointed representativeEssex Financial Management LimitedRadlettAuthorisedHcf Partnership LimitedRadlettAuthorised

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 BSG Financial Solutions

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
  • 7 years of accounts, charted
  • All 23 events in its history

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Frequently asked questions about this firm

Is BSG Financial Solutions Limited FCA authorised?
BSG Financial Solutions Limited (FRN 214741) 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 BSG Financial Solutions?
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. BSG Financial Solutions Limited (FRN 214741) is an AR of Openwork Limited (FRN 408285). When you use BSG Financial Solutions's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from BSG Financial Solutions, 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 BSG Financial Solutions’ phone number and website?
The FCA register lists the phone number 01923 852080 and the website bsgfs.co.uk for BSG Financial Solutions. If you were given different contact details, use these to check with the firm before going any further.
Is BSG Financial Solutions a scam or clone?
BSG Financial Solutions 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 BSG Financial Solutions?
Protection works through Openwork Limited, the principal firm responsible for BSG Financial Solutions's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns BSG Financial Solutions?
BSG Financial Solutions is owned by Bsg Topco Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 20 December 2021. Before that, it was controlled by Bsg Group Limited.
Who runs BSG Financial Solutions?
Companies House lists 3 directors of BSG Financial Solutions: Nigel Thomas Goodwin Preece, Stefan Mark Lubek and Sarah Wichelow.
How long has BSG Financial Solutions been in business?
The company was formed on 19 October 2004.
What do BSG Financial Solutions’ latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of £2.77m (+11% from £2.50m) and cash at bank of £908k (+28% from £707k).
Does BSG Financial Solutions use any other names?
It has previously used 4 other names, including BSG Financial Solution Limited, BSG Financial Solution Ltd and BSG Financial Solutions.

Sources and links

The full report on BSG Financial Solutions Limited

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