Magnus Financial Discretionary Management Limited

Reference number: 997569

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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 magnusfdm.com first appeared online, and whether it can receive email
  • What kind of line 020 3962 6189 is
  • Whether WC2A 2JR is a shared office: 33 other firms give it
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Other names (3)

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

  • Magnus Trading name
  • MFDM Trading name
  • ENSCO 1460 Limited Former name

FCA permissions and consumer protection

  • Hold or safeguard your money · 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 (5 permissions)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments
  • Managing investments

FCA disciplinary action

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
14232895
Company status
Active
Company type
Private limited company
Incorporated
13 July 2022 (4 years old)
Registered office
1 1 Bell Yard, London, WC2A 2JR, United Kingdom
Nature of business
  • Fund management activities (SIC 66300)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul Philip Chafer Director May 1969 27 Jan 2023 4 other companies
Ian Wallace Halley Director Nov 1959 27 Jan 2023 6 other companies
Rory Mcpherson Director May 1981 27 Jan 2023 1 other company
James Douglas Robert Twining Director Dec 1972 27 Jan 2023 28 other companies
Austin John Charles Hutchinson Director Jun 1977 7 Feb 2023 7 other companies
Clementine Mary Vaughan Director Dec 1981 16 Jan 2024 1 other company

Other companies run by these 6 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
42
closed down
11
are FCA-registered
6

In the full report: all 42 companies, named

  • What each company does, and whether it is still trading
  • Which of these 6 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 6 on the FCA register
  • The 3 companies these 6 directors run together
  • All 9 people who have ever been directors, with their dates
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Filed accounts and finances

9 months to 31 March 2023Dormant company accountsNot audited

Net assets

£1

No earlier figure to compare

Cash at bank

£1

No earlier figure to compare

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

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 14232895. Figures are exactly as filed; nothing is estimated.

Key dates in its history

This firm’s history from the FCA register and Companies House, newest first.

Key events (8) All events (21)

2024

2 January 2024

  • Changed its registered name from "ENSCO 1460 Limited"

FCA register

2023

29 December 2023

  • Regulated by the FCA from this date
  • Changed its registered name from "Magnus Financial Discretionary Management Limited"
  • FCA imposed a requirement (Deed poll)
  • Became authorised by the FCA

FCA register

27 January 2023

  • Gateley Incorporations Limited gave up control

Companies House

2022

13 July 2022

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

Companies House

In the full report: all 21 events

  • All 21 events in its history (8 shown here)
  • Every director appointment and resignation: 10
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Connected firms

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

connected firms
4
share a director
4
past links
2

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (4)
  • Who links each one: the named directors, with dates
  • 2 past links through former directors
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Similar firms

Other firms of the same type (investment or fund manager), nearest first.

In London

UBS Asset Management (UK) LtdLondonAuthorisedUBS Asset Management Funds LtdLondonAuthorisedRevolut Trading LtdLondonAuthorisedBlackRock Advisors (UK) LimitedLondonAuthorisedBlackRock Fund Managers LimitedLondonAuthorisedBlackRock Investment Management (UK) 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 this firm

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

  • 42 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 21 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Magnus Financial Discretionary Management Limited FCA authorised?
Yes, Magnus Financial Discretionary Management Limited (FRN 997569) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2023 and works as an investment or fund manager. The FCA has placed no limits on its permissions.
What is Magnus Financial Discretionary Management’s phone number and website?
The FCA register lists the phone number 020 3962 6189 and the website magnusfdm.com for Magnus Financial Discretionary Management. If you were given different contact details, use these to check with the firm before going any further.
Is Magnus Financial Discretionary Management a scam or clone?
Magnus Financial Discretionary Management 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 Magnus Financial Discretionary Management?
It may control client money but not hold it. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Magnus Financial Discretionary Management to the Financial Ombudsman Service, free of charge.
Who owns Magnus Financial Discretionary Management?
Companies House lists no one with significant control of Magnus Financial Discretionary Management now. Before that, it was controlled by Gateley Incorporations Limited.
Who runs Magnus Financial Discretionary Management?
Companies House lists 6 directors of Magnus Financial Discretionary Management: Paul Philip Chafer, Ian Wallace Halley, Rory McPherson, James Douglas Robert Twining, Austin John Charles Hutchinson and Clementine Mary Vaughan.
How long has Magnus Financial Discretionary Management been in business?
The company was formed on 13 July 2022, and has held its current FCA authorisation since December 2023.
What do Magnus Financial Discretionary Management’s latest accounts show?
Its latest accounts, to 31 March 2023, show net assets of £1 (no earlier figure to compare) and cash at bank of £1 (no earlier figure to compare).
Does Magnus Financial Discretionary Management use any other names?
It trades as Magnus and MFDM. It has previously used the name ENSCO 1460 Limited.

Sources and links

The full report on Magnus Financial Discretionary Management Limited

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