London Mercantile Limited

Reference number: 753070

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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

  • When londonmercantile.com first appeared online, and whether it can receive email
  • What kind of line 020 8390 2194 is
  • Who else gives the postcode N3 3LF
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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.
  • 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 (3 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Making arrangements with a view to transactions in investments

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.

Concerns on the company record

  • Confirmation statement is overdue at Companies House.
Company status
Active
Company type
Private limited company
Incorporated
7 January 2015 (11 years old)
Registered office
Gable House, 239 Regents Park Road, London, N3 3LF, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Govind Srivastava Director Jul 1956 7 Jan 2015 None
Balwinder Kaur Secretary Not published 28 Jun 2018 –

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • All 3 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Full accountsAudited

Profit before tax

−£9,565

Up £3,544 from −£13.1k

Total equity

£184k

−5% from £193k

Cash at bank

£18.8k

−2.1% from £19.2k

Owed within a year

£21.1k

+486% from £3,600

Profit before tax

In the full report: all 4 years of accounts

  • Every year from 2021 to 2024
  • Both charts, 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 09377798. Figures are exactly as filed; nothing is estimated.

Key dates in its history

London Mercantile’s history from the FCA register and Companies House, newest first.

2016

15 November 2016

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

FCA register

6 April 2016

  • Govind Srivastava took control (75–100% of shares)

Companies House

2015

7 January 2015

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (4 shown here)
  • Every director appointment and resignation: 5
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Firms connected to London Mercantile

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

connected firms
4
no longer authorised
1
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like London Mercantile

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

In London

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 London Mercantile

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
  • 4 years of accounts, charted
  • All 11 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is London Mercantile Limited FCA authorised?
Yes, London Mercantile Limited (FRN 753070) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2016 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is London Mercantile’s phone number and website?
The FCA register lists the phone number 020 8390 2194 and the website londonmercantile.com for London Mercantile. If you were given different contact details, use these to check with the firm before going any further.
Is London Mercantile a scam or clone?
London Mercantile 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 London Mercantile?
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 London Mercantile to the Financial Ombudsman Service, free of charge.
Who owns London Mercantile?
Companies House lists one person with significant control of London Mercantile: Mr Govind Srivastava (75–100% of shares).
Who runs London Mercantile?
Companies House lists one director of London Mercantile: Govind Srivastava.
How long has London Mercantile been in business?
The company was formed on 7 January 2015, and has held its current FCA authorisation since November 2016.
What do London Mercantile’s latest accounts show?
Its latest accounts, to 31 December 2024, show profit before tax of −£9,565 (up £3,544 from −£13.1k) and total equity of £184k (−5% from £193k).

Sources and links

The full report on London Mercantile Limited

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