Cityplus Network Ltd

Reference number: 787508

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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 cityplusnetwork.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8050 2479 is
  • Who else gives the postcode E14 9SH
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Other names (2)

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

  • Beneco Financial Services Ltd Former name
  • Islamic Home Finance Former trading name

FCA permissions and consumer protection

  • 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.
  • 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.
  • Advise on or arrange mortgages · Arrange equity release FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • 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 (13 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on a home purchase plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home purchase plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to a home purchase plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

Limits on what they may do

  • The firm must not appoint any new Appointed Representatives, nor conduct any new business through its Appointed Representative, FT Rich Mummy Company Limited (FT Rich Mummy), and must take reasonable steps to remove FT Rich Mummy’s social media posts.
    Cityplus Network Ltd (the “Firm”) applies under section 55L(5)(a) of the Financial Services and Markets Act 2000 for the Financial Conduct Authority (the “FCA”) to impose the following requirements (the “Requirements”) on the Part 4A permission of the Firm as set out in the terms below. Requirements 1. The Firm must not: a. enter into any new agreement or arrangement with any Appointed Representative or Introducer Appointed Representative without the prior written consent of the FCA; b. conduct any new business through the Appointed Representative FT RICH MUMMY COMPANY LIMITED (FRN: 932349) (“FT Rich Mummy”) without the prior written consent of the FCA. 2. The Firm must take reasonable steps to ensure the removal of all of FT Rich Mummy’s social media posts, in particular (but not limited to) Instagram, LinkedIn, TikTok, YouTube, and the closure of all of its websites. The Firm must notify the FCA in writing when these reasonable steps have been completed and the outcome of those steps. 3. These Requirements shall take immediate effect on their acceptance by the Authority and notification of such to the Firm by email. These Requirements will remain in force unless and until varied or cancelled by the FCA. 4. These Requirements will be published on the FCA’s Register.
  • The Firm must not, without prior written consent of the Authority, conduct any regulated activities.
    Cityplus Network Ltd (the “Firm”) applies under section 55L(5)(a) of the Financial Services and Markets Act 2000 for the Financial Conduct Authority (the “Authority”) to impose the following requirements (the “Requirements”) on the Part 4A permission of the Firm as set out in the terms below. Business restriction 1. The Firm must not, without prior written consent of the Authority, conduct any regulated activities. Publication 2. The Firm consents to the Requirement being published by the Authority against the Firm’s entry on the Financial Services Register. Effective date 3. The Requirement in this application is to take effect immediately upon acceptance of this application by the Authority and notification of such to the Firm via email. 4. The Requirement will remain in force unless and until varied or cancelled by the Authority (either on 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.

Company number
08893575
Company status
Active
Company type
Private limited company
Incorporated
13 February 2014 (12 years old)
Registered office
2nd Floor, 77 Marsh Wall, Canary Wharf, London, E14 9SH, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Mohammad Mostafizur Rahman Director Sep 1980 13 Feb 2014 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 28 February 2025Micro-entity accountsNot audited

Net assets

£27.7k

−14% from £32.3k

Employees (average)

11

+83% from 6

Owed within a year

£89.5k

+22% from £73.3k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • 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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 08893575. 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

Cityplus Network’s history from the FCA register and Companies House, newest first.

Key events (7) All events (11)

2025

24 November 2025

  • FCA imposed a requirement (The Firm must not, without prior written consent of the Authority, conduct any regulated activities.)

FCA register

2024

2 December 2024

  • FCA imposed a requirement (The firm must not appoint any new Appointed Representatives, nor conduct any new business through its Appointed Representative, FT Rich Mummy Company Limited (FT Rich Mummy), and must take reasonable steps to remove FT Rich Mummy’s social media posts.)

FCA register

2023

1 March 2023

  • Changed its registered name from "Beneco Financial Services Ltd"

FCA register

2018

15 January 2018

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2016

6 April 2016

  • Mohammad Mostafizur Rahman took control (75–100% of shares)

Companies House

2014

13 February 2014

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (7 shown here)
  • Every director appointment and resignation: 1
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Firms like Cityplus Network

Other firms of the same type (mortgage adviser or broker), nearest first.

In London

Saga Personal Finance LimitedLondonAuthorisedLegal & General Partnership Services LimitedLondonAuthorisedPrudential Distribution LimitedLondonAuthorisedQuilter Mortgage Planning LimitedLondonAuthorisedEnness LimitedLondonAuthorisedPivotal Financial LimitedLondonAuthorised

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 Cityplus Network

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

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 6 years of accounts, charted
  • All 11 events in its history

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Frequently asked questions about this firm

Is Cityplus Network Ltd FCA authorised?
Yes, Cityplus Network Ltd (FRN 787508) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2018 and works as a mortgage adviser or broker. The FCA has placed 2 limits on what it may do.
What is Cityplus Network’s phone number and website?
The FCA register lists the phone number 020 8050 2479 and the website cityplusnetwork.co.uk for Cityplus Network. If you were given different contact details, use these to check with the firm before going any further.
Is Cityplus Network a scam or clone?
Cityplus Network 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 Cityplus Network?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Cityplus Network to the Financial Ombudsman Service, free of charge.
Who owns Cityplus Network?
Companies House lists one person with significant control of Cityplus Network: Mr Mohammad Mostafizur Rahman (75–100% of shares).
Who runs Cityplus Network?
Companies House lists one director of Cityplus Network: Mohammad Mostafizur Rahman.
How long has Cityplus Network been in business?
The company was formed on 13 February 2014, and has held its current FCA authorisation since January 2018.
What do Cityplus Network’s latest accounts show?
Its latest accounts, to 28 February 2025, show net assets of £27.7k (−14% from £32.3k).
Does Cityplus Network use any other names?
It has previously used 2 other names: Beneco Financial Services Ltd and Islamic Home Finance.

Sources and links

The full report on Cityplus Network Ltd

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