Generation Financial Services Ltd

Reference number: 498748

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Authorised by the FCA

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

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, 1 thing worth a closer look

  • When generationfs.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 3728 7900 is
  • Whether EC2R 5BJ is a shared office: 22 other firms give it
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Other names (4)

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

  • Generation Charity Consultancy Trading name
  • Generation Employee Benefits Trading name
  • Generation Wealth Management Trading name
  • Generation Corporate Services Former trading name

FCA permissions and consumer protection

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • 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.
  • Advise on or arrange mortgages · Arrange equity release FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • 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 (16 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Providing Credit Information Services

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
06572193
Company status
Active
Company type
Private limited company
Incorporated
21 April 2008 (18 years old)
Registered office
Charles Lake House Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA
Nature of business
  • Administration of financial markets (SIC 66110)

Directors and company secretaries

Name Role Born Appointed Other companies
Shailesh Patel Director May 1967 21 Apr 2008 None
Andrew Waller Director Jan 1960 24 Mar 2010 None
Jeff Scripps Director Jun 1971 8 Mar 2022 None
Fabian Alexander David Ohlin Director Oct 1995 21 Nov 2023 None
Shailesh Patel Secretary Not published 21 Apr 2008 None

In the full report: every company its directors have run

  • Confirmation that these 4 directors run no other company
  • All 6 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 March 2026Full accountsNot audited

Net assets

£1.12m

+1.4% from £1.11m

Cash at bank

£665k

+8.2% from £614k

Employees (average)

12

+33% from 9

Owed within a year

£202k

−1.8% from £206k

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2020 to 2026
  • 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.

Accounts filed at Companies House for company 06572193. 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

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

Key events (8) All events (24)

2023

21 November 2023

  • Per-Olof Söderberg became a part-owner (25–50% of shares)
  • Per-Olof Söderberg stopped being a part-owner

Companies House

2016

6 April 2016

  • Andrew Waller became a part-owner (25–50% of shares)
  • Shailesh Patel became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2009

29 May 2009

  • Became authorised by the FCA

FCA register

28 May 2009

  • Regulated by the Financial Services Authority from this date

FCA register

2008

21 April 2008

  • Incorporated at Companies House

Companies House

In the full report: all 24 events

  • All 24 events in its history (8 shown here)
  • Every director appointment and resignation: 8
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Firms like Generation Financial Services

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

In London

Ernst & Young LLPLondonAuthorisedGallagher (Administration & Investment) LimitedLondonAuthorisedGallagher Risk & Reward LimitedLondonAuthorisedKroll Securities LtdLondonAuthorisedCambridge Mercantile Risk Management (UK) LtdLondonAuthorisedCapita Pension Solutions 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 Generation Financial Services

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, 1 flagged
  • 5 years of accounts, charted
  • All 24 events in its history

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Frequently asked questions about this firm

Is Generation Financial Services Ltd FCA authorised?
Yes, Generation Financial Services Ltd (FRN 498748) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2009 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Generation Financial Services’ phone number and website?
The FCA register lists the phone number 020 3728 7900 and the website generationfs.co.uk for Generation Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Generation Financial Services a scam or clone?
Generation Financial Services 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 Generation Financial Services?
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 Generation Financial Services to the Financial Ombudsman Service, free of charge.
Who owns Generation Financial Services?
Companies House lists 2 people with significant control of Generation Financial Services: Mr Andrew Waller (25–50% of shares) and Mr Shailesh Patel (25–50% of shares). Before that, it was controlled by Mr Per-Olof Söderberg.
Who runs Generation Financial Services?
Companies House lists 4 directors of Generation Financial Services: Shailesh Patel, Andrew Waller, Jeff Scripps and Fabian Alexander David Ohlin.
How long has Generation Financial Services been in business?
The company was formed on 21 April 2008, and has held its current FCA authorisation since May 2009.
What do Generation Financial Services’ latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of £1.12m (+1.4% from £1.11m) and cash at bank of £665k (+8.2% from £614k).
Does Generation Financial Services use any other names?
It trades as Generation Charity Consultancy, Generation Employee Benefits and Generation Wealth Management. It has previously used the name Generation Corporate Services.

Sources and links

The full report on Generation Financial Services Ltd

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