Citynet Insurance Brokers Limited

Reference number: 309197

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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, 1 thing worth a closer look

  • When citynet.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 7488 7950 is, and the other firm that gives it
  • Whether EC3A 3BP is a shared office: 25 other firms give it
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Other names (6)

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

  • Citynet Trading name: A name it trades under now.
  • Citynet Underwriting Services Trading name: A name it trades under now.
  • Cobra London Markets Trading name: A name it trades under now.
  • Cobra Network London Markets Trading name: A name it trades under now.
  • IPR Leisure Former trading name: A name it used to trade under.
  • Irish Professional Risks Former trading name: A name it used to trade under.

FCA permissions and consumer protection

  • Hold or safeguard your money · 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.
  • 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.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • 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 (7 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Debt Administration
  • Making arrangements with a view to transactions in investments

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
24 February 2000 (26 years old)
Registered office
Rossington's Business Park, West Carr Road, Retford, Nottinghamshire, DN22 7SW, England
Nature of business
  • Non-life insurance (SIC 65120)

Directors and company secretaries

Name Role Born Appointed Other companies
Andrew Mark Walsh Director Sep 1979 4 Nov 2014 5 other companies
Adrian Colosso Director May 1957 2 Feb 2016 60 other companies
Roy John Clark Director Feb 1960 1 May 2024 28 other companies
Satwir Singh Rana Director Sep 1983 15 Oct 2024 None
Frankie Mccague Director Dec 1975 21 Dec 2024 None

Other companies run by these 5 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
85
closed down
44
are FCA-registered
24

In the full report: all 85 companies, named

  • What each company does, and whether it is still trading
  • Which of these 5 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 24 on the FCA register
  • The 8 companies these 5 directors run together
  • All 30 people who have ever been directors, with their dates
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Key dates in its history

Citynet Insurance Brokers’s history from the FCA register and Companies House, newest first.

2026

1 June 2026

  • Citynet London Holdings Limited gave up control
  • Pib Group Limited took control (75–100% of shares)

Companies House

2018

25 February 2018

  • Pib Group Limited gave up control

Companies House

2017

16 December 2017

  • Pib Group Limited took control (75–100% of shares)
  • Richard John Scott stopped being the majority owner

Companies House

2016

6 April 2016

  • Citynet London Holdings Limited took control (75–100% of shares)
  • Richard John Scott became the majority owner (50–75% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2005

14 January 2005

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

2000

24 February 2000

  • Incorporated at Companies House

Companies House

In the full report: all 75 events

  • All 75 events in its history (11 shown here)
  • Every director appointment and resignation: 53
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Firms connected to Citynet Insurance Brokers

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

connected firms
5
share a director
4
share its phone number
1

In the full report: all 5 connected firms, named

  • How each is linked: shared directors (4), the same phone number (1), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 4 past links through former directors
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Firms like Citynet Insurance Brokers

Other firms of the same type (insurance broker), 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 Citynet Insurance Brokers

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

  • 85 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 75 events in its history
  • 5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Citynet Insurance Brokers Limited FCA authorised?
Yes, Citynet Insurance Brokers Limited (FRN 309197) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2005 and works as an insurance broker. The FCA has placed no limits on its permissions.
What is Citynet Insurance Brokers’ phone number and website?
The FCA register lists the phone number 020 7488 7950 and the website citynet.co.uk for Citynet Insurance Brokers. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Citynet Insurance Brokers a scam or clone?
Citynet Insurance Brokers 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 Citynet Insurance Brokers?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Citynet Insurance Brokers to the Financial Ombudsman Service, free of charge.
Who owns Citynet Insurance Brokers?
Citynet Insurance Brokers is owned by Pib Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 1 June 2026. Before that, it was controlled by Mr Richard John Scott and Citynet London Holdings Limited.
Who runs Citynet Insurance Brokers?
Companies House lists 5 directors of Citynet Insurance Brokers: Andrew Mark Walsh, Adrian Colosso, Roy John Clark, Satwir Singh Rana and Frankie McCague.
How long has Citynet Insurance Brokers been in business?
The company was formed on 24 February 2000, and has held its current FCA authorisation since January 2005.
Does Citynet Insurance Brokers use any other names?
It trades as Citynet, Citynet Underwriting Services, Cobra London Markets and Cobra Network London Markets. It has previously used 2 other names: IPR Leisure and Irish Professional Risks.

Sources and links

The full report on Citynet Insurance Brokers Limited

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