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 3 years
- Protected through the principal
- No FCA actions
- Active company since 2022
- Accounts filed up to 31 March 2025
- On its latest accounts it owed £1,488 more than it owned
Responsible principal firm
Optimum Commercial Solutions Ltd Reference number: 808754 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.
- Discovery Commercial Finance Ltd (FRN 989058) is an AR of Optimum Commercial Solutions Ltd (FRN 808754). When you use Discovery Commercial Finance's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Discovery Commercial Finance, 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
Fairfax House, 6a Mill Field Road, Cottingley, Bingley, BD16 1PY, England
In the full report: 2 background checks
- What kind of line 07860 104086 is
- Who else gives the postcode BD16 1PY
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Optimum Commercial Solutions Ltd, 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 name
- DISCOVERY COMMERCIAL FINANCE LIMITED
- Company number
- 14520594 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 2 December 2022 (3 years old)
- Registered office
- Fairfax House 6a Mill Field Road, Cottingley, Bingley, BD16 1PY, England
- Nature of business
-
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Benjamin James Sugden | Director | Apr 1991 | 2 Dec 2022 | 1 other company |
| Jenni Victoria Whitaker | Director | Oct 1990 | 2 Dec 2022 | 1 other company |
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 company
- 1
- still active
- 1
- is FCA-registered
- 1
In the full report: all 1 company, 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 one on the FCA register
- The 1 company these 2 directors run together
Filed accounts and finances
Total equity
−£1,488
Down £1,639 from £151
Cash at bank
£680
−41% from £1,155
Employees (average)
0
Same as 0
Owed within a year
£2,168
+116% from £1,004
Total equity is negative: on its last balance sheet the company owed £1,488 more than it owned.
Total equity
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 14520594. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Discovery Commercial Finance’s history from the FCA register and Companies House, newest first.
2022
20 December 2022
- Became an appointed representative
FCA register
2 December 2022
- Incorporated at Companies House
- Benjamin James Sugden became the majority owner (50–75% of shares)
- Jenni Victoria Whitaker became a part-owner (25–50% of shares)
- Benjamin James Sugden appointed as a director
- Jenni Victoria Whitaker appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms connected to Discovery Commercial Finance
Other FCA-listed firms that share a director, phone number or address with Discovery Commercial Finance. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share a director
- 1
- share its postcode
- 1
In the full report: all 2 connected firms, named
- How each is linked: shared directors (1), the same postcode (1)
- Who links each one: the named directors, with dates
Firms like Discovery Commercial Finance
Other firms of the same type (credit broker), nearest first.
In Bingley
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 Discovery Commercial Finance
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 other company its directors have run, named
- 2 background checks on its contact details
- All 6 events in its history
- 2 connected firms, named, and who links them
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Frequently asked questions about this firm
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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