Faraday MGA Limited: FCA regulated?

Authorised by the FCA

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

Authorised for 8 years
Your funds are protected by FSCS
No FCA actions
Active company since 2017

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.

Website

faraday.com (opens in a new tab)
Phone number

020 7702 3333
Address

Faraday, 55 Mark Lane, London, City Of London, EC3R 7NE, United Kingdom

In the full report: 3 background checks

When faraday.com first appeared online, and whether it can receive email
What kind of line 020 7702 3333 is, and the 2 other firms that give it
Who else gives the postcode EC3R 7NE

Other names (1)

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

Faraday Trading name: A name it trades under now.

FCA permissions and consumer protection

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.
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 (3 permissions)

Arranging (bringing about) deals in investments
Dealing in investments as agent
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 number: 10955079 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 11 September 2017 (9 years old)
Registered office: Corn Exchange, 55 Mark Lane, London, EC3R 7NE
Nature of business: Non-life insurance (SIC 65120)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Kevin James Harker	Director	Jun 1972	11 Sep 2017	5 other companies
Stephen Andrew Michael	Director	Sep 1961	11 Sep 2017	14 other companies
Thomas Edward Shelley	Director	Dec 1971	11 Sep 2017	5 other companies
Andrew Michael D'Arcy	Director	Feb 1983	11 Sep 2017	9 other companies
Paul Frazer Blight	Director	Sep 1962	7 Nov 2023	1 other company
Elisabeth Anne Richardson	Secretary	Not published	11 Sep 2017	–

Other companies run by these 5 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: 19
closed down: 1
are FCA-registered: 10

In the full report: all 19 companies, named

What each company does, and whether it is still trading
Which of these 5 directors sit on each board, and since when
Any that went into liquidation or administration
The 10 on the FCA register
The 5 companies these 5 directors run together
All 7 people who have ever been directors, with their dates

Key dates in its history

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

Key events (4) All events (15)

2018

10 April 2018

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

FCA register

2017

11 September 2017

Incorporated at Companies House
Faraday Holdings Limited took control (75–100% of shares)

Companies House

In the full report: all 15 events

All 15 events in its history (4 shown here)
Every director appointment and resignation: 9

Firms connected to Faraday MGA

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

connected firms: 4
share a director: 3
share its phone number: 2

In the full report: all 4 connected firms, named

How each is linked: shared directors (3), the same phone number (2), the same postcode (2)
Who links each one: the named directors, with dates
7 past links through former directors

Firms like Faraday MGA

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

In London

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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 Faraday MGA

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

19 other companies its directors have run, named
3 background checks on its contact details
All 15 events in its history
4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Faraday MGA Limited FCA authorised?

Yes, Faraday MGA Limited (FRN 791788) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2018 and works as an insurance broker. The FCA has placed no limits on its permissions.

What is Faraday MGA’s phone number and website?

The FCA register lists the phone number 020 7702 3333 and the website faraday.com for Faraday MGA. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by 2 other FCA firms.

Is Faraday MGA a scam or clone?

Faraday MGA 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 Faraday MGA?

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 Faraday MGA to the Financial Ombudsman Service, free of charge.

Who owns Faraday MGA?

Faraday MGA is owned by Faraday Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 11 September 2017.

Who runs Faraday MGA?

Companies House lists 5 directors of Faraday MGA: Kevin James Harker, Stephen Andrew Michael, Thomas Edward Shelley, Andrew Michael D'Arcy and Paul Frazer Blight.

How long has Faraday MGA been in business?

The company was formed on 11 September 2017, and has held its current FCA authorisation since April 2018.

Does Faraday MGA use any other names?

It trades as Faraday.