Morgans Ltd

Reference number: 159488

Instant download

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

Authorisation being cancelled

This firm has asked the FCA to cancel its authorisation. It is still in force until the FCA processes the application, so existing business keeps its protection, but its regulated work is winding down.

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 mfgl.com first appeared online, and whether it can receive email
  • What kind of line 01225 429471 is
  • Who else gives the postcode BA1 2NT
Instant PDF download
Other names (12)

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

  • Noble Johnson Trading name
  • Morgan Financial Services (Western) Limited Former name
  • Digital Orange Former trading name
  • Morgan Brockhill Financial Services Former trading name
  • Morgan Employee Benefits Former trading name
  • Morgan Homeloans Former trading name
  • Morgan Liddiatt Former trading name
  • Morgan Peterson Former trading name
  • Morgan Pullen Former trading name
  • Morgan Sports Former trading name
  • QQ Financial Services Former trading name
  • The Medical Partnership Former trading name

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 websites (1)
  • morganfnncl.link
The FCA warning these came from

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

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 (8 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

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 number
02759456
Company status
Active
Company type
Private limited company
Incorporated
27 October 1992 (33 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Jefferson Leeper Director Nov 1961 27 Feb 2026 2 other companies

Other companies run by its director

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
2
still active
2

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 13 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 30 April 2025Full accountsNot audited

Net assets

£741k

−5.1% from £781k

Cash at bank

£955

−98% from £44.1k

Employees (average)

19

+27% from 15

Owed within a year

£55.4k

+88% from £29.5k

Assets and liabilities

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 02759456. 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

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

Key events (10) All events (61)

2026

27 February 2026

  • Board replaced: its only director left and 2 new directors took over

Companies House

2024

24 April 2024

  • FCA warned the public about a scam impersonating this firm

FCA warning list

2023

3 July 2023

  • Board replaced: its only director left and a new director took over

Companies House

2016

27 October 2016

  • Morgan Financial Group Ltd took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Applied to cancel its FCA authorisation

FCA register

1996

3 July 1996

  • Changed its registered name from "Morgan Financial Services (Western) Limited"

FCA register

1995

10 April 1995

  • Regulated by the Personal Investment Authority from this date

FCA register

1992

27 October 1992

  • Incorporated at Companies House

Companies House

In the full report: all 61 events

  • All 61 events in its history (10 shown here)
  • Every director appointment and resignation: 25
Instant PDF download

Firms connected to Morgans

Other FCA-listed firms that share a director, phone number or address with Morgans. 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
Instant PDF download

Firms like Morgans

Other firms of the same type (financial adviser), nearest first.

In Bath

Advance Investments LimitedBathAuthorisedBailey Cook Financial Planning LtdBathAuthorisedBelgrave Asset Management LtdBathAuthorisedCity Financial Planning LimitedBathAuthorisedInformed Choice (South West) LimitedBathAuthorisedMike Coram AssociatesBathAuthorised

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 Morgans

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 61 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Morgans Ltd FCA authorised?
Morgans Ltd (FRN 159488) is on the FCA register, but its authorisation is changing (authorisation being cancelled). Check the register before dealing with it.
What is Morgans’ phone number and website?
The FCA register lists the phone number 01225 429471 and the website mfgl.com for Morgans. If you were given different contact details, use these to check with the firm before going any further.
Is Morgans a scam or clone?
Scammers have impersonated Morgans: 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 Morgans, shown on this page.
Is my money safe with Morgans?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Morgans to the Financial Ombudsman Service, free of charge.
Who owns Morgans?
Morgans is owned by Morgan Financial Group Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 27 October 2016.
Who runs Morgans?
Companies House lists one director of Morgans: Jefferson Leeper.
How long has Morgans been in business?
The company was formed on 27 October 1992.
What do Morgans’ latest accounts show?
Its latest accounts, to 30 April 2025, show net assets of £741k (−5.1% from £781k) and cash at bank of £955 (−98% from £44.1k).
Does Morgans use any other names?
It trades as Noble Johnson. It has previously used 11 other names, including Morgan Financial Services (Western) Limited, Digital Orange and Morgan Brockhill Financial Services.

Sources and links

The full report on Morgans Ltd

£19.99 · Instant PDF download

Loading secure checkout…