Midland Risk Solutions Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 8 years
Your funds are protected by FSCS
No FCA actions
Active company since 2017
Accounts filed up to 31 March 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

midlandinsurance.co.uk (opens in a new tab)
Phone number

01902 343800
Address

338 Dudley Road, Wolverhampton, West Midlands, WV2 3JY, United Kingdom

In the full report: 3 background checks

When midlandinsurance.co.uk first appeared online, and whether it can receive email
What kind of line 01902 343800 is
Who else gives the postcode WV2 3JY

Other names (1)

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

Midland Insurance Consultants 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.
Sell or arrange insurance FSCS may apply
Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
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 (6 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Arranging (bringing about) deals in investments
Assisting in the administration and performance of a contract of insurance
Credit Broking
Dealing in investments as agent
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

Companies House record

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

Company number: 10650199 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 3 March 2017 (9 years old)
Registered office: 338 Dudley Road, Wolverhampton, West Midlands, WV2 3JY, United Kingdom
Nature of business: Non-life insurance (SIC 65120)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Paldip Singh Reehal	Director	Mar 1983	3 Mar 2017	4 other companies
Prem Reehal	Director	Feb 1949	3 Mar 2017	None

Other companies run by these 2 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: 4
closed down: 2
still active: 2

In the full report: all 4 companies, named

What each company does, and whether it is still trading
Which of these 2 directors sit on each board, and since when
Any that went into liquidation or administration

Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£46.6k

+15% from £40.5k

Employees (average)

1

Same as 1

Owed within a year

£22.3k

+30% from £17.2k

Assets and liabilities

In the full report: all 6 years of accounts

Every year from 2020 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 10650199. 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

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

Key events (7) All events (14)

2017

5 December 2017

Regulated by the FCA from this date
FCA imposed a requirement (Firm to abide by Deed Poll regarding past business)
FCA imposed a requirement (Not permitted to canvass off trade premises)
Became authorised by the FCA

FCA register

3 March 2017

Incorporated at Companies House
Paldip Singh Reehal became a part-owner (25–50% of shares)
Prem Reehal became a part-owner (25–50% of shares)

Companies House

In the full report: all 14 events

All 14 events in its history (7 shown here)
Every director appointment and resignation: 2

Firms connected to Midland Risk Solutions

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

connected firm: 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

Firms like Midland Risk Solutions

Other firms of the same type (insurance broker), nearest first.

In Wolverhampton

A.D.F. Insurance Brokers LimitedWolverhamptonAuthorised Alexander-Head & Co LtdWolverhamptonAuthorised Annan Insurance Services LimitedWolverhamptonAuthorised Berkeley Applegate Webb & Co. (Midlands)limitedWolverhamptonAuthorised Heritage Insurance Brokers (Wton) LimitedWolverhamptonAuthorised Hipkiss & Co (Insurance Brokers) LimitedWolverhamptonAuthorised

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 Midland Risk Solutions

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

4 other companies its directors have run, named
3 background checks on its contact details
6 years of accounts, charted
All 14 events in its history
1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Midland Risk Solutions Ltd FCA authorised?

Yes, Midland Risk Solutions Ltd (FRN 778733) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2017 and works as an insurance broker. The FCA has placed a limit on what it may do.

What is Midland Risk Solutions’ phone number and website?

The FCA register lists the phone number 01902 343800 and the website midlandinsurance.co.uk for Midland Risk Solutions. If you were given different contact details, use these to check with the firm before going any further.

Is Midland Risk Solutions a scam or clone?

Midland Risk 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 Midland Risk 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 Midland Risk Solutions to the Financial Ombudsman Service, free of charge.

Who owns Midland Risk Solutions?

Companies House lists 2 people with significant control of Midland Risk Solutions: Mr Paldip Singh Reehal (25–50% of shares) and Mr Prem Reehal (25–50% of shares).

Who runs Midland Risk Solutions?

Companies House lists 2 directors of Midland Risk Solutions: Paldip Singh Reehal and Prem Reehal.

How long has Midland Risk Solutions been in business?

The company was formed on 3 March 2017, and has held its current FCA authorisation since December 2017.

What do Midland Risk Solutions’ latest accounts show?

Its latest accounts, to 31 March 2025, show net assets of £46.6k (+15% from £40.5k).

Does Midland Risk Solutions use any other names?

It trades as Midland Insurance Consultants.