Maydan Capital Ltd

Reference number: 963613

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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.
  • Maydan Capital Ltd (FRN 963613) is an AR of WAHED INVEST LTD (FRN 833225). When you use Maydan Capital's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Maydan Capital, 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.

In the full report: 3 background checks

  • When wahed.com first appeared online, and whether it can receive email
  • What kind of line 0808 169 6662 is, and the other firm that gives it
  • Who else gives the postcode W1U 6RJ
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Other names (2)

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

  • Wahed Ventures Trading name: A name it trades under now.
  • WahedVentures/WahedX Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Wahed Invest Ltd, 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
11 June 2021 (5 years old)
Registered office
87-89 Baker Street, London, W1U 6RJ, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Rajeev Meera Sreedharan Director Mar 1988 9 May 2023 None
Safdar Alam Director Feb 1971 19 Dec 2024 None

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
  • All 5 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Full accountsAudited

Profit before tax

−£1.31m

Down £944k from −£366k

Total equity

−£1.68m

Down £1.07m from −£605k

Cash at bank

£15.1k

−60% from £38.1k

Owed within a year

£1.89m

+172% from £696k

Total equity is negative: on its last balance sheet the company owed £1.68m more than it owned.

Profit before tax

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 13451691. 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

Maydan Capital’s history from the FCA register and Companies House, newest first.

2021

7 November 2021

  • Became an appointed representative

FCA register

11 June 2021

  • Incorporated at Companies House
  • Wahed Invest Ltd took control (75–100% of shares)

Companies House

In the full report: all 13 events

  • All 13 events in its history (3 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Maydan Capital

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

connected firms
4
share its phone number
1
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: the same phone number (1), the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like Maydan Capital

Other firms of the same type (investment or fund manager), 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 Maydan Capital

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
  • All 13 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Maydan Capital Ltd FCA authorised?
Maydan Capital Ltd (FRN 963613) 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 Maydan Capital?
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. Maydan Capital Ltd (FRN 963613) is an AR of WAHED INVEST LTD (FRN 833225). When you use Maydan Capital's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Maydan Capital, 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 Maydan Capital’s phone number and website?
The FCA register lists the phone number 0808 169 6662 and the website wahed.com/uk/ventures for Maydan Capital. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Maydan Capital a scam or clone?
Maydan Capital 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 Maydan Capital?
Protection works through Wahed Invest Ltd, the principal firm responsible for Maydan Capital's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Maydan Capital?
Maydan Capital is owned by Wahed Invest Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 11 June 2021.
Who runs Maydan Capital?
Companies House lists 2 directors of Maydan Capital: Rajeev Meera Sreedharan and Safdar Alam.
How long has Maydan Capital been in business?
The company was formed on 11 June 2021.
What do Maydan Capital’s latest accounts show?
Its latest accounts, to 31 December 2025, show profit before tax of −£1.31m (down £944k from −£366k) and total equity of −£1.68m (down £1.07m from −£605k).
Does Maydan Capital use any other names?
It trades as Wahed Ventures and WahedVentures/WahedX.

Sources and links

The full report on Maydan Capital Ltd

£19.99 · Instant PDF download

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