Fusion Financial Ltd

Reference number: 942927

Instant download

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.

Appointed for 5 years
Protected through the principal
No FCA actions
Active company since 2018
Accounts filed up to 31 March 2022
On its latest accounts it owed £268k more than it owned

Responsible principal firm

The On-Line Partnership Limited Reference number: 192638 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.
Fusion Financial Ltd (FRN 942927) is an AR of The On-Line Partnership Limited (FRN 192638). When you use Fusion Financial's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Fusion Financial, 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.

Website

fcg.co.uk (opens in a new tab)
Phone number

020 3841 7010
Address

298 Regents Park Road, Finchley, London, N3 2SZ, United Kingdom

In the full report: 3 background checks

When fcg.co.uk first appeared online, and whether it can receive email
What kind of line 020 3841 7010 is
Who else gives the postcode N3 2SZ

FCA permissions and consumer protection

Protection through the principal firm
Protection works through The On-Line Partnership 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: 11600565 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 2 October 2018 (8 years old)
Registered office: Ground Floor Marlborough House, Regents Park Road, London, N3 2SZ, England
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Adam Daniel Maurice	Director	Dec 1982	2 Oct 2018	None
Mitchell Simon Young	Director	Oct 1983	2 Oct 2018	None

In the full report: every company its directors have run

Confirmation that these 2 directors run no other company

Filed accounts and finances

Year to 31 March 2022Abridged accountsNot audited

Net assets

−£268k

Down £208k from −£59.8k

Cash at bank

£1,185

−96% from £27.5k

Employees (average)

Same as 2

Owed within a year

£5,222

−68% from £16.5k

Net assets are negative: on its last balance sheet the company owed £268k more than it owned.

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 11600565. 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

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

2021

14 January 2021

Became an appointed representative

FCA register

2020

14 October 2020

Adam Daniel Maurice no longer has significant control
Fusion Holdco Limited took control (75–100% of shares)
Mitch Young no longer has significant control

Companies House

2018

2 October 2018

Incorporated at Companies House
Adam Daniel Maurice gained significant control
Mitch Young gained significant control
Adam Daniel Maurice appointed as a director
Mitchell Simon Young appointed as a director

Companies House

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

Firms connected to Fusion Financial

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

connected firms: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: the same postcode (3)
Who links each one: the named directors, with dates

Firms like Fusion Financial

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

In London

SME Asset Finance LimitedLondonAppointed representative Super Payments LtdLondonAppointed representative National Education UnionLondonAppointed representative Reed Learning LimitedLondonAppointed representative Royal Free London NHS Foundation TrustLondonAppointed representative ClickMechanic LtdLondonAppointed 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 Fusion Financial

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
3 background checks on its contact details
All 9 events in its history
3 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Fusion Financial Ltd FCA authorised?

Fusion Financial Ltd (FRN 942927) 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 Fusion Financial?

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. Fusion Financial Ltd (FRN 942927) is an AR of The On-Line Partnership Limited (FRN 192638). When you use Fusion Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Fusion Financial, 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 Fusion Financial’s phone number and website?

The FCA register lists the phone number 020 3841 7010 and the website fcg.co.uk for Fusion Financial. If you were given different contact details, use these to check with the firm before going any further.

Is Fusion Financial a scam or clone?

Fusion Financial 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 Fusion Financial?

Protection works through The On-Line Partnership Limited, the principal firm responsible for Fusion Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Fusion Financial?

Fusion Financial is owned by Fusion Holdco Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 14 October 2020. Before that, it was controlled by Mr Adam Daniel Maurice and Mr Mitch Young.

Who runs Fusion Financial?

Companies House lists 2 directors of Fusion Financial: Adam Daniel Maurice and Mitchell Simon Young.

How long has Fusion Financial been in business?

The company was formed on 2 October 2018.

What do Fusion Financial’s latest accounts show?

Its latest accounts, to 31 March 2022, show net assets of −£268k (down £208k from −£59.8k) and cash at bank of £1,185 (−96% from £27.5k).

Sources and links

Its entry on the FCA register register.fca.org.uk
Its Companies House record gov.uk
Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
Report a scam to the FCA fca.org.uk