iam covered Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 5 years
Your funds are protected by FSCS
No FCA actions
Active company since 2020
Accounts filed up to 31 August 2025

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

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

07702 492180
Address

Powerflow Ltd, Abbotsgate House, Hollow Road, Bury St. Edmunds, Suffolk, IP32 7FA, United Kingdom

In the full report: 3 background checks

When iamcovered.co.uk first appeared online, and whether it can receive email
What kind of line 07702 492180 is
Who else gives the postcode IP32 7FA

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.
Sell or arrange insurance FSCS may apply
Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
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 (2 permissions)

Arranging (bringing about) deals in investments
Assisting in the administration and performance of a contract of insurance

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: 12458374 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 12 February 2020 (6 years old)
Registered office: Suite 10, Abbotsgate House, Hollow Road, Bury St. Edmunds, IP32 7FA, England
Nature of business: Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Peter Alan Baker	Director	Nov 1968	12 Feb 2020	4 other companies
Andrew Patrick Oliver Cotton	Director	Jun 1964	12 Feb 2020	None
Paul Kieran Dobbyn	Director	Feb 1959	12 Feb 2020	2 other companies
Steven Mark Kershaw	Director	Dec 1957	12 Feb 2020	None

Other companies run by these 4 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: 6
closed down: 2
still active: 4

In the full report: all 6 companies, named

What each company does, and whether it is still trading
Which of these 4 directors sit on each board, and since when
Any that went into liquidation or administration

Filed accounts and finances

Year to 31 August 2025Dormant company accountsNot audited

Net assets

£100

Same as £100

These accounts were filed as dormant: the company reported no significant trading in the period.

Net assets

In the full report: all 5 years of accounts

Every year from 2021 to 2025
The chart, over every year
Every filed figure, year by year

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 12458374. 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

Iam covered’s history from the FCA register and Companies House, newest first.

Key events (5) All events (10)

2022

31 May 2022

Peter Alan Baker became a part-owner (25–50% of shares)
Powerflow Ltd became a part-owner (25–50% of shares)

Companies House

2021

1 June 2021

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

FCA register

2020

12 February 2020

Incorporated at Companies House

Companies House

In the full report: all 10 events

All 10 events in its history (5 shown here)
Every director appointment and resignation: 4

Firms like iam covered

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

In Bury St. Edmunds

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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 iam covered

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

6 other companies its directors have run, named
3 background checks on its contact details
5 years of accounts, charted
All 10 events in its history

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Frequently asked questions about this firm

Is iam covered Ltd FCA authorised?

Yes, iam covered Ltd (FRN 927988) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2021 and works as an insurance broker. The FCA has placed no limits on its permissions.

What is iam covered’s phone number and website?

The FCA register lists the phone number 07702 492180 and the website iamcovered.co.uk for iam covered. If you were given different contact details, use these to check with the firm before going any further.

Is iam covered a scam or clone?

iam covered 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 iam covered?

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 iam covered to the Financial Ombudsman Service, free of charge.

Who owns iam covered?

Companies House lists 2 people with significant control of iam covered: Mr Peter Alan Baker (25–50% of shares) and Powerflow Ltd (25–50% of shares).

Who runs iam covered?

Companies House lists 4 directors of iam covered: Peter Alan Baker, Andrew Patrick Oliver Cotton, Paul Kieran Dobbyn and Steven Mark Kershaw.

How long has iam covered been in business?

The company was formed on 12 February 2020, and has held its current FCA authorisation since June 2021.

What do iam covered’s latest accounts show?

Its latest accounts, to 31 August 2025, show net assets of £100 (same as £100).