Cobalt Financial Limited

Reference number: 565119

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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

Sesame Limited Reference number: 150427 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.
  • Cobalt Financial Limited (FRN 565119) is an AR of Sesame Limited (FRN 150427). When you use Cobalt Financial's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Cobalt Financial, 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 cobaltfinancial.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8958 8069 is, and the other firm that gives it
  • Who else gives the postcode WD7 8PT
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Other names (1)

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

  • Nigel Hakkak Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Sesame 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 name
COBALT FINANCIAL LTD
Company number
08465429
Company status
Active
Company type
Private limited company
Incorporated
28 March 2013 (13 years old)
Registered office
2nd Floor Grove House, 55 Lowlands Road, Harrow, Middlesex, HA1 3AW, United Kingdom
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Nigel Hakkak Director Mar 1970 28 Mar 2013 4 other companies
Nicola Hakkak Secretary Not published 28 Mar 2013 –

Other companies run by its director

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
4
closed down
3
still active
1

In the full report: all 4 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£414k

+7.9% from £384k

Cash at bank

£20.9k

+33% from £15.7k

Employees (average)

3

+50% from 2

Owed within a year

£570k

+6.4% from £536k

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 08465429. 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

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

2021

20 May 2021

  • Cobalt Financial Holdings Limited took control (75–100% of shares)
  • Nigel Hakkak gave up control

Companies House

2016

6 April 2016

  • Nigel Hakkak took control (75–100% of shares)

Companies House

2013

8 November 2013

  • Changed its registered name from "Nigel Hakkak"

FCA register

28 March 2013

  • Incorporated at Companies House
  • Nigel Hakkak appointed as a director

Companies House

2011

22 September 2011

  • Became an appointed representative
  • Began trading as "Cobalt Financial"

FCA register

Director appointments and resignations, and trading names, appear under All events.

Firms connected to Cobalt Financial

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

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Cobalt Financial

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

In Radlett

Oakfields (Marcus) LtdRadlettAppointed representativeLiberty Property Finance LimitedRadlettAuthorisedTotal Mortgage Solutions 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 Cobalt Financial

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

  • 4 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 8 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Cobalt Financial Limited FCA authorised?
Cobalt Financial Limited (FRN 565119) 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 Cobalt Financial?
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. Cobalt Financial Limited (FRN 565119) is an AR of Sesame Limited (FRN 150427). When you use Cobalt Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Cobalt Financial, 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 Cobalt Financial’s phone number and website?
The FCA register lists the phone number 020 8958 8069 and the website cobaltfinancial.co.uk for Cobalt Financial. 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 Cobalt Financial a scam or clone?
Cobalt Financial 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 Cobalt Financial?
Protection works through Sesame Limited, the principal firm responsible for Cobalt Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Cobalt Financial?
Cobalt Financial is owned by Cobalt Financial Holdings Limited, which holds 75–100% of shares and 75–100% of votes, since 20 May 2021. Before that, it was controlled by Mr Nigel Hakkak.
Who runs Cobalt Financial?
Companies House lists one director of Cobalt Financial: Nigel Hakkak.
How long has Cobalt Financial been in business?
The company was formed on 28 March 2013.
What do Cobalt Financial’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £414k (+7.9% from £384k) and cash at bank of £20.9k (+33% from £15.7k).
Does Cobalt Financial use any other names?
It has previously used the name Nigel Hakkak.

Sources and links

The full report on Cobalt Financial Limited

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