Foundry Commercial Finance Ltd

Reference number: 1059471

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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

AFS Compliance Ltd Reference number: 625035 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.
  • FOUNDRY COMMERCIAL FINANCE LTD (FRN 1059471) is an AR of AFS Compliance Ltd (FRN 625035). When you use FOUNDRY COMMERCIAL FINANCE's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from FOUNDRY 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

    07908 674091

  • Address

    31 Cassley Crescent, Lubbesthorpe, Leicester, Leicestershire, LE19 4BJ, United Kingdom

In the full report: 2 background checks

  • What kind of line 07908 674091 is
  • Who else gives the postcode LE19 4BJ
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Other names (2)

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

  • Asset Finance Solutions Trading name
  • JMD FINANCE LIMITED Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through AFS Compliance Ltd, 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
15276666
Company status
Active
Company type
Private limited company
Incorporated
11 November 2023 (2 years old)
Registered office
Pinnacle Accountants 32 De Montfort Street, Leicester, LE1 7GD, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Dilan Jadav Director Mar 1997 11 Nov 2023 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 30 November 2025Small company accountsNot audited

Net assets

£198k

+137% from £83.3k

Cash at bank

£194k

Up £186k from £7,809

Employees (average)

2

+100% from 1

Assets and liabilities

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 15276666. 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

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

Key events (6) All events (11)

2026

11 August 2026

  • Changed its registered name from "JMD FINANCE LIMITED"

FCA register

23 July 2026

  • Became an appointed representative

FCA register

2024

3 April 2024

  • Jamie Merrilees stopped being a part-owner

Companies House

2023

11 November 2023

  • Incorporated at Companies House
  • Dilan Jadav became a part-owner (25–50% of shares)
  • Jamie Merrilees became a part-owner (25–50% of shares)

Companies House

In the full report: all 11 events

  • All 11 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like Foundry Commercial Finance

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

In Leicester

Aarti Dilip BharakhadaLeicesterAppointed representativeABP Mortgage Solutions LtdLeicesterAppointed representativeAspire Mortgages (Leicester) LimitedLeicesterAppointed representativeBe Mortgaged LtdLeicesterAppointed representativeChristopher HarveyLeicesterAppointed representativeClear Financial (Leicester) LtdLeicesterAppointed 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 Foundry Commercial Finance

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

  • Every company its directors have run, named
  • 2 background checks on its contact details
  • All 11 events in its history

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Frequently asked questions about this firm

Is Foundry Commercial Finance Ltd FCA authorised?
Foundry Commercial Finance Ltd (FRN 1059471) 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 Foundry 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. Foundry Commercial Finance Ltd (FRN 1059471) is an AR of AFS Compliance Ltd (FRN 625035). When you use Foundry Commercial Finance's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Foundry 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 Foundry Commercial Finance’s phone number?
The FCA register lists the phone number 07908 674091 for Foundry Commercial Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Foundry Commercial Finance a scam or clone?
Foundry 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 Foundry Commercial Finance?
Protection works through AFS Compliance Ltd, the principal firm responsible for Foundry Commercial Finance's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Foundry Commercial Finance?
Companies House lists one person with significant control of Foundry Commercial Finance: Mr Dilan Jadav (25–50% of shares). Before that, it was controlled by Mr Jamie Merrilees.
Who runs Foundry Commercial Finance?
Companies House lists one director of Foundry Commercial Finance: Dilan Jadav.
How long has Foundry Commercial Finance been in business?
The company was formed on 11 November 2023.
What do Foundry Commercial Finance’s latest accounts show?
Its latest accounts, to 30 November 2025, show net assets of £198k (+137% from £83.3k) and cash at bank of £194k (up £186k from £7,809).
Does Foundry Commercial Finance use any other names?
It trades as Asset Finance Solutions. It has previously used the name JMD FINANCE LIMITED.

Sources and links

The full report on Foundry Commercial Finance Ltd

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