Explore Commercial Finance Ltd

Reference number: 1034508

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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

Commercial Finance Brokers UK Limited Reference number: 736199 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.
  • Explore Commercial Finance Ltd (FRN 1034508) is an AR of Commercial Finance Brokers UK Limited (FRN 736199). When you use Explore Commercial Finance's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Explore 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.

  • No website on the FCA register

  • Phone number

    07791 079038

  • Address

    Cotterell & Co, 83 Tempest Street, Wolverhampton, Wolverhampton, WV2 1AA, United Kingdom

In the full report: 2 background checks

  • What kind of line 07791 079038 is
  • Who else gives the postcode WV2 1AA
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Commercial Finance Brokers UK 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
16347464
Company status
Active
Company type
Private limited company
Incorporated
27 March 2025 (1 year old)
Registered office
83b Tempest Street, Wolverhamption, WV2 1AA, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Folasade Richard Ayodeji Director Jun 1976 27 Mar 2025 3 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
3
still active
3

In the full report: all 3 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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Key dates in its history

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

2025

4 July 2025

  • Became an appointed representative

FCA register

27 March 2025

  • Incorporated at Companies House
  • Folasade Richard Ayodeji took control (75–100% of shares)
  • Folasade Richard Ayodeji appointed as a director

Companies House

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

Firms like Explore Commercial Finance

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

In Wolverhampton

Affordable Finance LimitedWolverhamptonAppointed representativeAlpha Mortgage & Consultancy LtdWolverhamptonAppointed representativeAntonio Lorente-ShoreWolverhamptonAppointed representativeBans Financial Services LtdWolverhamptonAppointed representativeBhandal & Associates LimitedWolverhamptonAppointed representativeBrit Nexus LimitedWolverhamptonAppointed representative

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 Explore Commercial Finance

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

  • 3 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 4 events in its history

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Frequently asked questions about this firm

Is Explore Commercial Finance Ltd FCA authorised?
Explore Commercial Finance Ltd (FRN 1034508) 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 Explore Commercial 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. Explore Commercial Finance Ltd (FRN 1034508) is an AR of Commercial Finance Brokers UK Limited (FRN 736199). When you use Explore Commercial Finance's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Explore 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.
What is Explore Commercial Finance’s phone number?
The FCA register lists the phone number 07791 079038 for Explore Commercial Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Explore Commercial Finance a scam or clone?
Explore Commercial 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 Explore Commercial Finance?
Protection works through Commercial Finance Brokers UK Limited, the principal firm responsible for Explore Commercial Finance's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Explore Commercial Finance?
Companies House lists one person with significant control of Explore Commercial Finance: Mr Folasade Richard Ayodeji (75–100% of shares).
Who runs Explore Commercial Finance?
Companies House lists one director of Explore Commercial Finance: Folasade Richard Ayodeji.
How long has Explore Commercial Finance been in business?
The company was formed on 27 March 2025.

Sources and links

The full report on Explore Commercial Finance Ltd

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