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.
- Appointed for 4 years
- Protected through the principal
- No FCA actions
- Active company since 2021
- Accounts filed up to 31 December 2025
- On its latest accounts it owed £1.68m more than it owned
Responsible principal firm
WAHED INVEST LTD Reference number: 833225 View firm →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.
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Phone number
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Address
87-89 Baker Street, London, Westminster, W1U 6RJ, United Kingdom
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
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 firmProtection 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, freeYou 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 number
- 13451691 (opens Companies House in a new tab)
- 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
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- 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
Filed accounts and finances
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
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
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
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk