Mahay Solutions Limited: FCA regulated?

Authorised by the FCA

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

Authorised for 11 years
Your funds are protected by FSCS
No FCA actions
Active company since 2004
Accounts filed up to 30 June 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

mahayfinancialservices.com (opens in a new tab)
Phone number

0121 551 7676
Address

West Midlands House, Gipsy Lane, Willenhall, Walsall, WV13 2HA, United Kingdom

In the full report: 3 background checks

When mahayfinancialservices.com first appeared online, and whether it can receive email
What kind of line 0121 551 7676 is
Who else gives the postcode WV13 2HA

Other names (1)

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

Mahay Financial Services Trading name: A name it trades under now.

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.
Advise on or arrange mortgages FSCS may apply
Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
Lend or arrange credit No FSCS cover
Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
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 (11 permissions)

Acting as a CBTL advisor
Acting as a CBTL arranger
Advising on investments (except on Pension Transfers and Pension Opt Outs)
Advising on regulated mortgage contracts
Arranging (bringing about) deals in investments
Arranging (bringing about) regulated mortgage contracts
Credit Broking
Debt Adjusting
Debt-counselling
Making arrangements with a view to regulated mortgage contracts
Making arrangements with a view to transactions in investments

Limits on what they may do

Not permitted to canvass off trade premises

The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises

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: 05306617 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 7 December 2004 (21 years old)
Registered office: West Midlands House, Gipsy Lane, Willenhall, WV13 2HA, England
Nature of business: Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Balbinder Chand	Director	Oct 1966	1 Dec 2009	None
Balbinder Chand	Secretary	Not published	1 Dec 2007	–

In the full report: every company its directors have run

Confirmation that its director runs no other company
All 6 people who have been directors, with their dates

Filed accounts and finances

Year to 30 June 2025Micro-entity accountsNot audited

Net assets

£5,454

+3.1% from £5,291

Employees (average)

2

Same as 2

Owed within a year

£107k

+19% from £89.5k

Assets and liabilities

In the full report: all 7 years of accounts

Every year from 2019 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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 05306617. 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

Mahay Solutions’s history from the FCA register and Companies House, newest first.

Key events (5) All events (18)

2016

7 December 2016

Bally Chand took control (75–100% of shares)

Companies House

2015

1 July 2015

Regulated by the FCA from this date
FCA imposed a requirement (Not permitted to canvass off trade premises)
Became authorised by the FCA

FCA register

2004

7 December 2004

Incorporated at Companies House

Companies House

In the full report: all 18 events

All 18 events in its history (5 shown here)
Every director appointment and resignation: 11

Firms connected to Mahay Solutions

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

connected firms: 5
share its postcode: 5

In the full report: all 5 connected firms, named

How each is linked: the same postcode (5)
Who links each one: the named directors, with dates

Firms like Mahay Solutions

Other firms of the same type (mortgage adviser or broker), nearest first.

In Willenhall

Dwello Mortgages LimitedWillenhallAppointed representative Ellis RussellWillenhallAppointed representative Family Shield Financial LtdWillenhallAppointed representative RE Mortgages Midlands LtdWillenhallAppointed representative

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 Mahay Solutions

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
7 years of accounts, charted
All 18 events in its history
5 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Mahay Solutions Limited FCA authorised?

Yes, Mahay Solutions Limited (FRN 673400) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2015 and works as a mortgage adviser or broker. The FCA has placed a limit on what it may do.

What is Mahay Solutions’ phone number and website?

The FCA register lists the phone number 0121 551 7676 and the website mahayfinancialservices.com for Mahay Solutions. If you were given different contact details, use these to check with the firm before going any further.

Is Mahay Solutions a scam or clone?

Mahay Solutions 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 Mahay Solutions?

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 Mahay Solutions to the Financial Ombudsman Service, free of charge.

Who owns Mahay Solutions?

Companies House lists one person with significant control of Mahay Solutions: Mrs Bally Chand (75–100% of shares).

Who runs Mahay Solutions?

Companies House lists one director of Mahay Solutions: Balbinder Chand.

How long has Mahay Solutions been in business?

The company was formed on 7 December 2004, and has held its current FCA authorisation since July 2015.

What do Mahay Solutions’ latest accounts show?

Its latest accounts, to 30 June 2025, show net assets of £5,454 (+3.1% from £5,291).

Does Mahay Solutions use any other names?

It trades as Mahay Financial Services.