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.
- Appointed for 2 years
- Protected through the principal
- No FCA actions
- Active company since 2023
- 1 thing worth a closer look in the background checks
Responsible principal firm
Statera Managing Agency Limited Reference number: 1032701 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.
- Convergence Credit Limited (FRN 1004495) is an AR of Statera Managing Agency Limited (FRN 1032701). When you use Convergence Credit's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Convergence Credit, 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.
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No website on the FCA register
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Phone number
-
Address
The Hallmark Building, 2nd Floor, 52-56 Leadenhall Street, London, EC3A 2BJ, United Kingdom
In the full report: 2 background checks, 1 thing worth a closer look
- What kind of line 020 7123 5255 is, and the other firm that gives it
- Whether EC3A 2BJ is a shared office: 50 other firms give it
Other names (1)
If you were contacted under any of these names, it is this firm.
- Beat Sub23 Limited Former name: A name it was registered under before.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Statera Managing Agency 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, freeYou 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 number
- 15012964 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 19 July 2023 (3 years old)
- Registered office
- The Hallmark Building, 2nd Floor, 52-56 Leadenhall Street, London, EC3A 2BJ, England
- Nature of business
-
- Activities of insurance agents and brokers (SIC 66220)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Heather Elizabeth Marsden | Director | Oct 1974 | 19 Jul 2023 | 15 other companies |
| Paul Michael Rayner | Director | Jul 1978 | 19 Jul 2023 | 22 other companies |
| John Paul Cavanagh | Director | Oct 1958 | 2 Jan 2024 | 16 other companies |
| Stephen Holden Pike | Director | Sep 1981 | 28 Feb 2024 | 1 other company |
| William Peter Ledger | Director | Oct 1965 | 4 Jul 2026 | 4 other companies |
| Heather Elizabeth Marsden | Secretary | Not published | 19 Jul 2023 | – |
| Shamsun Naher | Secretary | Not published | 19 Jul 2023 | – |
| Tamara Chabe | Secretary | Not published | 28 Jul 2025 | – |
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
- 38
- closed down
- 5
- are FCA-registered
- 15
In the full report: all 38 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 15 on the FCA register
- The 15 companies these 5 directors run together
Key dates in its history
Convergence Credit’s history from the FCA register and Companies House, newest first.
2024
3 January 2024
- Changed its registered name from "Beat Sub23 Limited"
FCA register
2023
5 December 2023
- Became an appointed representative
FCA register
19 July 2023
- Incorporated at Companies House
- Octave Specialty Limited took control (75–100% of shares)
Companies House
In the full report: all 9 events
- All 9 events in its history (4 shown here)
- Every director appointment and resignation: 5
Firms connected to Convergence Credit
Other FCA-listed firms that share a director, phone number or address with Convergence Credit. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 12
- share a director
- 12
- share its phone number
- 1
In the full report: all 12 connected firms, named
- How each is linked: shared directors (12), the same phone number (1), the same postcode (12)
- Who links each one: the named directors, with dates
Firms like Convergence Credit
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 Convergence Credit
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 38 other companies its directors have run, named
- 2 background checks on its contact details, 1 flagged
- All 9 events in its history
- 12 connected firms, named, and who links them
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Frequently asked questions about this firm
Is Convergence Credit Limited FCA authorised?
What does appointed representative mean for Convergence Credit?
What is Convergence Credit’s phone number?
Is Convergence Credit a scam or clone?
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Who owns Convergence Credit?
Who runs Convergence Credit?
How long has Convergence Credit been in business?
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk