Master Trading Limited

Reference number: 990287

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Scammers have impersonated this firm. The FCA has published 1 warning naming the fake phone numbers, emails and websites they used. See the warnings →

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.
  • Master Trading Limited (FRN 990287) is an AR of Messels Limited (FRN 403323). When you use Master Trading's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Master Trading, 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

    07515 510682

  • Address

    2 The Chase, London, SW4 0NH, United Kingdom

In the full report: 2 background checks

  • What kind of line 07515 510682 is
  • Who else gives the postcode SW4 0NH
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Warning

Scammers have impersonated this firm

Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.

Fake phone numbers (1)
  • 020 8073 1476
Fake email addresses (1)
  • legal@mastertrdlmt.com
Fake websites (1)
  • mastertrdlmt.com
The FCA warning these came from

Scammers change these details often. Always check the live FCA warning.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Messels 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.

The clone warnings above are scammers using this firm's name, not something the firm has done.

Companies House record

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

Company status
Active
Company type
Private limited company
Incorporated
3 July 2019 (7 years old)
Registered office
2 The Chase, London, SW4 0NH, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Paolo Giovanni Carlo Francesco Ferrario Director Nov 1967 3 Jul 2019 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 31 July 2026Micro-entity accountsNot audited

Net assets

£255k

+110% from £121k

Employees (average)

1

Same as 1

Owed within a year

£144k

+7.3% from £134k

The accounts for the year to 31 July 2026 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £19.9k, for the year to 31 July 2021.

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • 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 12081960. 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

Master Trading’s history from the FCA register and Companies House, newest first.

2026

27 August 2026

  • FCA warned the public about a scam impersonating this firm

FCA warning list

2023

19 January 2023

  • Became an appointed representative

FCA register

2019

3 July 2019

  • Incorporated at Companies House
  • Paolo Giovanni Carlo Francesco Ferrario took control (75–100% of shares)
  • Paolo Giovanni Carlo Francesco Ferrario appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms connected to Master Trading

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

connected firm
1
no longer authorised
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Master Trading

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 Master Trading

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
  • 2 background checks on its contact details
  • 7 years of accounts, charted
  • All 5 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Master Trading Limited FCA authorised?
Master Trading Limited (FRN 990287) 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 Master Trading?
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. Master Trading Limited (FRN 990287) is an AR of Messels Limited (FRN 403323). When you use Master Trading's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Master Trading, 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 Master Trading’s phone number?
The FCA register lists the phone number 07515 510682 for Master Trading. If you were given different contact details, use these to check with the firm before going any further.
Is Master Trading a scam or clone?
Scammers have impersonated Master Trading: the FCA has published a warning about fake versions of it, using contact details that are not the firm's. Only trust the details the FCA register gives for Master Trading, shown on this page.
Is my money safe with Master Trading?
Protection works through Messels Limited, the principal firm responsible for Master Trading's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Master Trading?
Companies House lists one person with significant control of Master Trading: Mr Paolo Giovanni Carlo Francesco Ferrario (75–100% of shares).
Who runs Master Trading?
Companies House lists one director of Master Trading: Paolo Giovanni Carlo Francesco Ferrario.
How long has Master Trading been in business?
The company was formed on 3 July 2019.
What do Master Trading’s latest accounts show?
Its latest accounts, to 31 July 2026, show net assets of £255k (+110% from £121k).

Sources and links

The full report on Master Trading Limited

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