Drake Mortgages Limited

Reference number: 207532

Instant download

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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 drakemortgages.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8301 7930 is
  • Who else gives the postcode DA3 8AF
Instant PDF download
Other names (5)

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

  • Holiday Let Mortgages Trading name: A name it trades under now.
  • Let Property Strategies Trading name: A name it trades under now.
  • Enhanced Wealth Limited Former name: A name it was registered under before.
  • Enhanced Wealth Mortgages Former trading name: A name it used to trade under.
  • Kings Hill Mortgages Former trading name: A name it used to trade under.

FCA permissions and consumer protection

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (10 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

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
13 December 2000 (25 years old)
Registered office
Black Barn Gay Dawn Farm, Valley Road, Fawkham, Kent, DA3 8LY, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Cyril Norman Phillips Director Mar 1953 13 Dec 2000 8 other companies
Rachel O'Brien Director May 1964 1 Feb 2016 1 other company
Cyril Norman Phillips Secretary Not published 13 Dec 2000 8 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
8
closed down
5
is FCA-registered
1

In the full report: all 8 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 one on the FCA register
  • The 1 company these 2 directors run together
  • All 5 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 31 March 2026Micro-entity accountsNot audited

Net assets

£14.5k

+144% from £5,938

Employees (average)

5

Same as 5

Owed within a year

£64.9k

−11% from £72.6k

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2020 to 2026
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
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 04125057. 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

Drake Mortgages’s history from the FCA register and Companies House, newest first.

2019

1 May 2019

  • Changed its registered name from "Enhanced Wealth Limited"

FCA register

2016

6 April 2016

  • Cyril Norman Phillips became the majority owner (50–75% of shares)
  • Rachel O'Brien gained significant control
  • Sean Richard Horton became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2002

8 August 2002

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

2000

13 December 2000

  • Incorporated at Companies House

Companies House

In the full report: all 23 events

  • All 23 events in its history (8 shown here)
  • Every director appointment and resignation: 6
Instant PDF download

Firms connected to Drake Mortgages

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

past link
1

In the full report: all 0 connected firms, named

  • 1 past link through former directors
Instant PDF download

Firms like Drake Mortgages

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

In the Dartford (DA) postcode area

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 Drake Mortgages

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 23 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Drake Mortgages Limited FCA authorised?
Yes, Drake Mortgages Limited (FRN 207532) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since August 2002 and works as a mortgage adviser or broker. The FCA has placed no limits on its permissions.
What is Drake Mortgages’ phone number and website?
The FCA register lists the phone number 020 8301 7930 and the website drakemortgages.co.uk for Drake Mortgages. If you were given different contact details, use these to check with the firm before going any further.
Is Drake Mortgages a scam or clone?
Drake Mortgages 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 Drake Mortgages?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Drake Mortgages to the Financial Ombudsman Service, free of charge.
Who owns Drake Mortgages?
Companies House lists 3 people with significant control of Drake Mortgages: Mr Cyril Norman Phillips (50–75% of shares), Mr Sean Richard Horton (25–50% of shares) and Ms Rachel O'Brien (significant influence or control).
Who runs Drake Mortgages?
Companies House lists 2 directors of Drake Mortgages: Cyril Norman Phillips and Rachel O'Brien.
How long has Drake Mortgages been in business?
The company was formed on 13 December 2000, and has held its current FCA authorisation since August 2002.
What do Drake Mortgages’ latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of £14.5k (+144% from £5,938).
Does Drake Mortgages use any other names?
It trades as Holiday Let Mortgages and Let Property Strategies. It has previously used 3 other names: Enhanced Wealth Limited, Enhanced Wealth Mortgages and Kings Hill Mortgages.

Sources and links

The full report on Drake Mortgages Limited

£19.99 · Instant PDF download

Loading secure checkout…