Leam Financial Services Limited

Reference number: 191201

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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.

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.
  • Leam Financial Services Limited (FRN 191201) is an AR of Openwork Limited (FRN 408285). When you use Leam Financial Services's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Leam Financial Services, 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

    01926 332231

  • Address

    1a Cross Road, Leamington Spa, Warwickshire, CV32 5PB, United Kingdom

In the full report: 2 background checks

  • What kind of line 01926 332231 is
  • Who else gives the postcode CV32 5PB
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Other names (3)

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

  • Finance with Bally Trading name: A name it trades under now.
  • Leam Financial Services Former name: A name it was registered under before.
  • Somal Mehra Associates Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork 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 status
Active
Company type
Private limited company
Incorporated
17 March 2026 (less than a year old)
Registered office
Christopher House, 94b London Road, Leicester, Leicestershire, LE2 0QS, United Kingdom
Nature of business
  • Financial management (SIC 70221)

Directors and company secretaries

Name Role Born Appointed Other companies
Anjana Mehra Director Nov 1967 17 Mar 2026 2 other companies
Gautam Mehra Director Jul 1967 17 Mar 2026 3 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
3
still active
3
run together
2

In the full report: all 3 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 companies these 2 directors run together
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Key dates in its history

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

2026

21 May 2026

  • Changed its registered name from "Leam Financial Services"

FCA register

17 March 2026

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

Companies House

2009

16 January 2009

  • Changed its registered name from "Somal Mehra Associates"

FCA register

1998

16 March 1998

  • Became an appointed representative

FCA register

In the full report: all 9 events

  • All 9 events in its history (5 shown here)
  • Every director appointment and resignation: 2
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Firms like Leam Financial Services

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

In Leamington Spa

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 Leam Financial Services

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

  • 3 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 9 events in its history

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Frequently asked questions about this firm

Is Leam Financial Services Limited FCA authorised?
Leam Financial Services Limited (FRN 191201) 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 Leam Financial Services?
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. Leam Financial Services Limited (FRN 191201) is an AR of Openwork Limited (FRN 408285). When you use Leam Financial Services's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Leam Financial Services, 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 Leam Financial Services’ phone number?
The FCA register lists the phone number 01926 332231 for Leam Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Leam Financial Services a scam or clone?
Leam 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 Leam Financial Services?
Protection works through Openwork Limited, the principal firm responsible for Leam Financial Services's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Leam Financial Services?
Leam Financial Services is owned by Gots Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 17 March 2026.
Who runs Leam Financial Services?
Companies House lists 2 directors of Leam Financial Services: Anjana Mehra and Gautam Mehra.
How long has Leam Financial Services been in business?
The company was formed on 17 March 2026.
Does Leam Financial Services use any other names?
It trades as Finance with Bally. It has previously used 2 other names: Leam Financial Services and Somal Mehra Associates.

Sources and links

The full report on Leam Financial Services Limited

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