Evolution Finance Ltd

Reference number: 998443

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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

TMG Direct Limited Reference number: 786245 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.
  • Evolution Finance Ltd (FRN 998443) is an AR of TMG Direct Limited (FRN 786245). When you use Evolution Finance's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Evolution 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.

In the full report: 3 background checks

  • When evolutionfinancehub.co.uk first appeared online, and whether it can receive email
  • What kind of line 07535 161678 is
  • Who else gives the postcode RM10 8QR
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Other names (1)

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

  • Evolution Finance Hub Trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through TMG Direct 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 number
14770260
Company status
Active
Company type
Private limited company
Incorporated
30 March 2023 (3 years old)
Registered office
335-351 Rainham Road South, Dagenham, RM10 8QR, England
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)
  • Buying and selling of own real estate (SIC 68100)
  • Other letting and operating of own or leased real estate (SIC 68209)
  • Other professional, scientific and technical activities not elsewhere classified (SIC 74909)

Directors and company secretaries

Name Role Born Appointed Other companies
Rasheed Kayode Bushura Director Oct 1986 30 Mar 2023 2 other companies

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
2
closed down
1
still active
1

In the full report: all 2 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 2025Micro-entity accountsNot audited

Net assets

£1,006

−75% from £4,074

Employees (average)

1

No earlier figure to compare

Owed within a year

£18.3k

No earlier figure to compare

Net assets

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 14770260. 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

Evolution Finance’s history from the FCA register and Companies House, newest first.

2023

22 June 2023

  • Became an appointed representative
  • Began trading as "Evolution Finance Hub"

FCA register

30 March 2023

  • Incorporated at Companies House
  • Rasheed Kayode Bushura took control (75–100% of shares)
  • Rasheed Kayode Bushura appointed as a director

Companies House

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

Firms connected to Evolution Finance

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

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

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

In Dagenham

Captain Mortgages LtdDagenhamAppointed representativeConstance Finance LimitedDagenhamAppointed representativeGiles Finance & Consultancy ServicesDagenhamAppointed representativeMountview Financial Solutions LtdDagenhamAppointed representativeCubit Insurance LimitedDagenhamAuthorised

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 Evolution Finance

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 5 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Evolution Finance Ltd FCA authorised?
Evolution Finance Ltd (FRN 998443) 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 Evolution Finance?
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. Evolution Finance Ltd (FRN 998443) is an AR of TMG Direct Limited (FRN 786245). When you use Evolution Finance's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Evolution 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.
What is Evolution Finance’s phone number and website?
The FCA register lists the phone number 07535 161678 and the website evolutionfinancehub.co.uk for Evolution Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Evolution Finance a scam or clone?
Evolution Finance 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 Evolution Finance?
Protection works through TMG Direct Limited, the principal firm responsible for Evolution Finance's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Evolution Finance?
Companies House lists one person with significant control of Evolution Finance: Mr Rasheed Kayode Bushura (75–100% of shares).
Who runs Evolution Finance?
Companies House lists one director of Evolution Finance: Rasheed Kayode Bushura.
How long has Evolution Finance been in business?
The company was formed on 30 March 2023.
What do Evolution Finance’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £1,006 (−75% from £4,074).
Does Evolution Finance use any other names?
It trades as Evolution Finance Hub.

Sources and links

The full report on Evolution Finance Ltd

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