Authorised, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 December 2023
- Company: in administration
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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
-
No phone number on the FCA register
-
Address
Louise Longley and Julian Nigel Richard Pitts, Begbies Traynor (Central) LLP, FLOOR 2, 10 WELLINGTON PLACE, Leeds, LS1 4AP, United Kingdom
In the full report: 1 background check
- Who else gives the postcode LS1 4AP
Other names (2)
If you were contacted under any of these names, it is this firm.
- NextCrowd Trading name: A name it trades under now.
- NEXTFIN Trading name: A name it trades under now.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (3 permissions)
- Arranging (bringing about) deals in investments
- Credit Broking
- Making arrangements with a view to transactions in investments
Limits on the record
-
Cease Regulated Activity
1. The Firm must not conduct any regulated activities without the Authority’s prior written consent.
-
Notification and Reporting requirements
2) By 5:00pm on 26 July 2024, the Firm must notify in writing any financial services providers that it holds accounts with of the terms and effect of these Requirements. As soon as practicable in advance of making the notifications, the Firm must agree the wording of the notifications with the Authority. 3) by 5:00pm on 26 July 2024 the Firm must: a) Publish a prominent notice on the front page of its website, and any website that it controls, in terms, font and size to be agreed with the Authority, outlining the effect of the Requirements and providing a link to the relevant website and entry in the Authority’s register relating to the Firm where the terms of those requirements will appear. b) Ensure that when any client of the Firm enters login details to access an account, a prominent notice is immediately displayed to the client, in terms, font and size to be agreed with the Authority, outlining the effect of the requirements above and providing a link to the relevant website address of the entry in the Authority’s register relating to the Firm where the terms of these requirements will appear. 4) Within 24 hours of the notifications at Requirements (2) and (3) being made, the Firm must provide to the Authority: a) Copies of the template notification sent to all recipients; and b) Confirmation that, to the best of its knowledge, the Firm has sent notifications pursuant to the Requirements (2) and (3). 5) The Firm shall send to the Authority by email by 12 noon every Friday, beginning on 2 August 2024 until such time as it is notified otherwise in writing by the Authority, up-to-date bank statements for all the Firm’s bank, payments and/or electronic money accounts.
-
Records requirement
6) The Firm must: a) Secure all books and records and preserve information and systems relating to all regulated activities carried on by it, whether or not the Firm holds permissions for that activity. b) Retain such records in a form and at a location within the UK, to be notified to the Authority in writing no later than seven days after the coming into force of these requirements, such that they can be provided to the Authority, or to a person named by the Authority, promptly on its request. 1.2 These Requirements shall take immediate effect and remain in force unless and until varied or cancelled by the Authority (either on the application of the Firm or of the Authority’s own volition).
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.
Concerns on the company record
- Companies House records this company in administration, but it is still authorised on the FCA register.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 08819159 (opens Companies House in a new tab)
- Company status
- Administration
- Company type
- Private limited company
- Incorporated
- 18 December 2013 (12 years old)
- Registered office
- Second Floor, 10 Wellington Place, Leeds, West Yorkshire, LS1 4AP
- Nature of business
-
- Advertising agencies (SIC 73110)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Sacha John Bright | Director | Jul 1972 | 18 Dec 2013 | 10 other companies |
| Xiaoshu Gao | Director | Nov 1990 | 1 Jul 2019 | 1 other company |
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
- 10
- closed down
- 6
- run together
- 1
In the full report: all 10 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 1 company these 2 directors run together
- All 11 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£159k
−18% from £193k
Cash at bank
£47.2k
+755% from £5,529
Employees (average)
2
Up 2 from 0
Owed within a year
£253k
+38% from £184k
Its next accounts are overdue at Companies House.
Assets and liabilities
In the full report: all 4 years of accounts
- Every year from 2020 to 2023
- The chart, over every year
- Every filed figure, year by year
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 08819159. 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
Business Agent’s history from the FCA register and Companies House, newest first.
2024
22 July 2024
- FCA imposed a requirement (Cease Regulated Activity)
- FCA imposed a requirement (Notification and Reporting requirements)
- FCA imposed a requirement (Records requirement)
FCA register
2023
5 January 2023
- Sacha John Bright became a part-owner (25–50% of shares)
- Sacha John Bright stopped being a part-owner
Companies House
2016
6 April 2016
- Sacha John Bright became a part-owner (25–50% of shares)
Companies House
2015
29 September 2015
- Regulated by the FCA from this date
- Became authorised by the FCA
FCA register
2013
18 December 2013
- Incorporated at Companies House
Companies House
In the full report: all 33 events
- All 33 events in its history (9 shown here)
- Every director appointment and resignation: 20
Firms like Business Agent
Other firms of the same type (credit broker), nearest first.
In Leeds
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 Business Agent
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 10 other companies its directors have run, named
- 1 background check on its contact details
- 4 years of accounts, charted
- All 33 events in its history
Instant PDF One-off payment Secure checkout by Stripe
Frequently asked questions about this firm
Is Business Agent Limited FCA authorised?
Is Business Agent a scam or clone?
Is my money safe with Business Agent?
Who owns Business Agent?
Who runs Business Agent?
How long has Business Agent been in business?
What do Business Agent’s latest accounts show?
Does Business Agent use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk