Compare Advantage Ltd

Reference number: 1028452

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • Compare Advantage Ltd (FRN 1028452) introduces customers to Halo Corporate Finance Limited (FRN 726655). Any regulated advice or arranging is done by the principal, not Compare Advantage.
  • Example: if Compare Advantage refers you to a financial adviser, the advice should come from the principal firm, not from Compare Advantage itself.
  • 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 compareadvantage.co.uk first appeared online, and whether it can receive email
  • What kind of line 0330 577 175 is
  • Who else gives the postcode PR7 1PS
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Halo Corporate Finance 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 status
Active
Company type
Private limited company
Incorporated
10 August 2022 (4 years old)
Registered office
Strawberry Fields, Euxton Lane, Chorley, PR7 1PS, England
Nature of business
  • Information technology consultancy activities (SIC 62020)

Directors and company secretaries

Name Role Born Appointed Other companies
David Prescott Director Mar 1977 10 Aug 2022 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 31 July 2025Small company accountsNot audited

Total equity

−£9,759

−227% from £7,680

Cash at bank

£174

Down £330 from £504

Employees (average)

1

Same as 1

Owed within a year

£38.6k

−1.9% from £39.4k

Total equity is negative: on its last balance sheet the company owed £9,759 more than it owned.

Assets and liabilities

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 14289362. 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

Compare Advantage’s history from the FCA register and Companies House, newest first.

2025

1 March 2025

  • Became an introducer appointed representative

FCA register

2022

10 August 2022

  • Incorporated at Companies House
  • David Prescott took control (75–100% of shares)
  • David Prescott appointed as a director

Companies House

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

Firms connected to Compare Advantage

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

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Compare Advantage

Other firms of the same type (credit broker), nearest first.

In Chorley

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 Compare Advantage

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
  • All 4 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Compare Advantage Ltd FCA authorised?
Compare Advantage Ltd (FRN 1028452) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for Compare Advantage?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. Compare Advantage Ltd (FRN 1028452) introduces customers to Halo Corporate Finance Limited (FRN 726655). Any regulated advice or arranging is done by the principal, not Compare Advantage. Example: if Compare Advantage refers you to a financial adviser, the advice should come from the principal firm, not from Compare Advantage itself. 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 Compare Advantage’s phone number and website?
The FCA register lists the phone number 0330 577 175 and the website compareadvantage.co.uk for Compare Advantage. If you were given different contact details, use these to check with the firm before going any further.
Is Compare Advantage a scam or clone?
Compare Advantage 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 Compare Advantage?
Protection works through Halo Corporate Finance Limited, the principal firm responsible for Compare Advantage's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Compare Advantage?
Companies House lists one person with significant control of Compare Advantage: Mr David Prescott (75–100% of shares).
Who runs Compare Advantage?
Companies House lists one director of Compare Advantage: David Prescott.
How long has Compare Advantage been in business?
The company was formed on 10 August 2022.
What do Compare Advantage’s latest accounts show?
Its latest accounts, to 31 July 2025, show total equity of −£9,759 (−227% from £7,680) and cash at bank of £174 (down £330 from £504).

Sources and links

The full report on Compare Advantage Ltd

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