Fairscore Ltd

Reference number: 810923

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Authorised by the FCA

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

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

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 updraft.com first appeared online, and whether it can receive email
  • What kind of line 07841 945313 is
  • Who else gives the postcode W2 1AY
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Other names (3)

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

  • Onpath Trading name
  • Updraft Trading name
  • Warmly Former trading name

FCA permissions and consumer protection

  • 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 (5 permissions)
  • Credit Broking
  • Debt-counselling
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Providing Credit Information Services

Financial Ombudsman complaints

Ombudsman complaints

new complaints, January–June 2025
65
upheld, against a 31% median
10%
about banking and credit
65

A bigger firm gets more complaints simply because it has more customers.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
10868865
Company status
Active
Company type
Private limited company
Incorporated
17 July 2017 (9 years old)
Registered office
20-22 Wenlock Road, London, N1 7GU, England
Nature of business
  • Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921)

Directors and company secretaries

Name Role Born Appointed Other companies
Aseem Munshi Director Apr 1975 17 Jul 2017 5 other companies
Kieren Auluk Director Apr 1992 31 Mar 2024 3 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
4
still active
4

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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

9 months to 31 December 2021Group accountsAudited

Turnover

£2.40m

First group accounts: no earlier group figure to compare

Profit before tax

−£3.06m

First group accounts: no earlier group figure to compare

In the full report: all 4 years of accounts

  • Every year from 2019 to 2021
  • The chart, over every year
  • Every filed figure, year by year
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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.

Figures from the year to 31 December 2021 are for the group: the company and the businesses it owns. Earlier years are the company’s own accounts, from before it had a group.

The figures for the year to 31 December 2021 were read from the printed accounts, because the filing does not tag them in a form that can be read automatically. They were checked against the accounts’ own totals.

Accounts filed at Companies House for company 10868865. 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

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

Key events (4) All events (14)

2019

14 February 2019

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2017

17 July 2017

  • Incorporated at Companies House
  • Aseem Munshi became a part-owner (25–50% of shares)

Companies House

In the full report: all 14 events

  • All 14 events in its history (4 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Fairscore

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

connected firms
5
share its postcode
5

In the full report: all 5 connected firms, named

  • How each is linked: the same postcode (5)
  • Who links each one: the named directors, with dates
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Firms like Fairscore

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

In London

Clydesdale Financial Services LimitedLondonAuthorisedSaga Services LimitedLondonAuthorisedSainsbury's Financial Services LimitedLondonAuthorisedMadison CF UK LimitedLondonAuthorisedLendable LtdLondonAuthorisedSalary Finance LimitedLondonAuthorised

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 Fairscore

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 14 events in its history
  • 5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Fairscore Ltd FCA authorised?
Yes, Fairscore Ltd (FRN 810923) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2019 and works as a lender. The FCA has placed no limits on its permissions.
What is Fairscore’s phone number and website?
The FCA register lists the phone number 07841 945313 and the website updraft.com for Fairscore. If you were given different contact details, use these to check with the firm before going any further.
Is Fairscore a scam or clone?
Fairscore 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 Fairscore?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Fairscore handles your money, so check the specific product before you commit. You can also refer complaints about Fairscore to the Financial Ombudsman Service, free of charge.
Who owns Fairscore?
Companies House lists one person with significant control of Fairscore: Aseem Munshi (25–50% of shares).
Who runs Fairscore?
Companies House lists 2 directors of Fairscore: Aseem Munshi and Kieren Auluk.
How long has Fairscore been in business?
The company was formed on 17 July 2017, and has held its current FCA authorisation since February 2019.
What do Fairscore’s latest accounts show?
Its latest accounts, to 31 December 2021, show turnover of £2.40m (first group accounts: no earlier group figure to compare) and profit before tax of −£3.06m (first group accounts: no earlier group figure to compare).
How many complaints does Fairscore get?
In January–June 2025, the Financial Ombudsman Service received 65 new complaints about Fairscore, and upheld 10% of those it decided.
Does Fairscore use any other names?
It trades as Onpath and Updraft. It has previously used the name Warmly.

Sources and links

The full report on Fairscore Ltd

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