GFS 1 Limited

Reference number: 821183

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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

    020 7100 8787

  • Address

    Glenhawk 2nd Floor, 70 Conduit Street, London, W1S 2GF, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 7100 8787 is, and the other firm that gives it
  • Who else gives the postcode W1S 2GF
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Other names (1)

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

  • Glenhawk Trading name

Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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 name
GFS 1 LTD
Company number
11387725
Company status
Active
Company type
Private limited company
Incorporated
30 May 2018 (8 years old)
Registered office
2nd Floor Mutual House, 70 Conduit Street, London, W1S 2GF, United Kingdom
Nature of business
  • Activities of mortgage finance companies (SIC 64922)

Directors and company secretaries

Name Role Born Appointed Other companies
Damani Johnson Director Jan 1978 3 Jun 2025 10 other companies
Andrew Christopher Townsend Director Feb 1963 3 Jun 2025 66 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
67
closed down
46
went insolvent
2

In the full report: all 67 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The 2 that went into liquidation or administration
  • The 4 on the FCA register
  • The 9 companies these 2 directors run together
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 September 2024Full accountsAudited

Net assets

£10.4m

+85% from £5.64m

Cash at bank

£4.03m

+111% from £1.91m

Employees (average)

2

Same as 2

Owed within a year

£4.03m

+110% from £1.92m

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.

Accounts filed at Companies House for company 11387725. 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

Gfs 1’s history from the FCA register and Companies House, newest first.

Key events (3) All events (12)

2018

24 September 2018

  • Registered with the FCA

FCA register

30 May 2018

  • Incorporated at Companies House
  • Glenhawk Financial Services Limited took control (75–100% of shares)

Companies House

In the full report: all 12 events

  • All 12 events in its history (3 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Gfs 1

Other FCA-listed firms that share a director, phone number or address with Gfs 1. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
2
share its phone number
1

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (2), the same phone number (1), the same postcode (2)
  • Who links each one: the named directors, with dates
  • 2 past links through former directors
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Get the full report on Gfs 1

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

  • 67 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 12 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is GFS 1 Limited FCA authorised?
GFS 1 Limited (FRN 821183) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
What is Gfs 1’s phone number?
The FCA register lists the phone number 020 7100 8787 for Gfs 1. 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 one other FCA firm.
Is Gfs 1 a scam or clone?
Gfs 1 is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with Gfs 1?
Money you hand to Gfs 1 is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns Gfs 1?
Gfs 1 is owned by Glenhawk Financial Services Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 30 May 2018.
Who runs Gfs 1?
Companies House lists 2 directors of Gfs 1: Damani Johnson and Andrew Christopher Townsend.
How long has Gfs 1 been in business?
The company was formed on 30 May 2018.
What do Gfs 1’s latest accounts show?
Its latest accounts, to 30 September 2024, show net assets of £10.4m (+85% from £5.64m) and cash at bank of £4.03m (+111% from £1.91m).
Does Gfs 1 use any other names?
It trades as Glenhawk.

Sources and links

The full report on GFS 1 Limited

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