CLS Finance Ltd

Reference number: 723487

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 7 July 2026.

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

  • Last known phone number

    0161 379 0300

  • Last known address

    C/O ReSolve Advisory Limited, 22 York Buildings, London, WC2N 6JU, United Kingdom

In the full report: 2 background checks

  • What kind of line 0161 379 0300 is
  • Who else gives the postcode WC2N 6JU
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Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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 as dissolved.
  • This company has insolvency history on record.
Company name
CLS FINANCE LIMITED
Company status
Dissolved
Company type
Private limited company
Incorporated
3 February 2004 (22 years old)
Registered office
Care Of Restructuring And Recovery Service (Rrs) S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Charles Omar Holding Director Mar 1969 3 Feb 2004 7 other companies
Shaun Patrick Young Director Aug 1962 3 Feb 2004 5 other companies
Shaun Patrick Young Secretary Not published 3 Feb 2004 5 other companies

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
7
closed down
7
run together
5

In the full report: all 7 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 5 companies these 2 directors run together
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2018Full accountsAudited

Net assets

£1.78m

No earlier figure to compare

Cash at bank

£173k

No earlier figure to compare

Employees (average)

31

No earlier figure to compare

Owed within a year

£6.09m

No earlier figure to compare

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 05032892. 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

CLS Finance’s history from the FCA register and Companies House, newest first.

2026

7 July 2026

  • Company dissolved
  • No longer regulated by the FCA
  • Stopped being authorised by the FCA

Companies House · FCA register

2016

19 April 2016

  • Regulated by the FCA from this date

FCA register

6 April 2016

  • Charles Omar Holding became a part-owner (25–50% of shares)
  • Shaun Patrick Young became a part-owner (25–50% of shares)

Companies House

2004

3 February 2004

  • 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: 4
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Firms connected to CLS Finance

Other FCA-listed firms that share a director, phone number or address with CLS Finance. 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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Get the full report on CLS Finance

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

  • 7 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 11 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is CLS Finance Ltd FCA authorised?
No. CLS Finance Ltd (FRN 723487) is still listed on the FCA register, but the record is closed: no longer authorised.
Is CLS Finance a scam or clone?
CLS Finance is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with CLS Finance?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with CLS Finance has no cover, because it is no longer permitted to carry it out.
Who owns CLS Finance?
Companies House lists 2 people with significant control of CLS Finance: Mr Shaun Patrick Young (25–50% of shares) and Mr Charles Omar Holding (25–50% of shares).
Who runs CLS Finance?
Companies House lists 2 directors of CLS Finance: Charles Omar Holding and Shaun Patrick Young.
How long has CLS Finance been in business?
The company was formed on 3 February 2004. Companies House now lists it as dissolved.
What do CLS Finance’s latest accounts show?
Its latest accounts, to 31 December 2018, show net assets of £1.78m (no earlier figure to compare) and cash at bank of £173k (no earlier figure to compare).

Sources and links

The full report on CLS Finance Ltd

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