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 21 years
- Protected through the principal
- No FCA actions
- Active company since 2003
- Accounts filed up to 31 March 2025
Responsible principal firm
ELITE INDEPENDENT MORTGAGES LIMITED Reference number: 301502 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.
- Mortgage Advice Service Ltd (FRN 432411) is an AR of ELITE INDEPENDENT MORTGAGES LIMITED (FRN 301502). When you use Mortgage Advice Service's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Mortgage Advice Service, 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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No website on the FCA register
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Phone number
-
Address
28 Newport Road, Risca, Newport, Gwent, NP11 6LW, United Kingdom
In the full report: 2 background checks
- What kind of line 01633 612858 is
- Who else gives the postcode NP11 6LW
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Elite Independent Mortgages 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, 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
- 04992573 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 11 December 2003 (22 years old)
- Registered office
- Matches the FCA register address ✓
- Nature of business
-
- Other activities auxiliary to insurance and pension funding (SIC 66290)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Andrew Elias | Director | Jan 1961 | 11 Dec 2003 | None |
| Heidi Diana Elias | Director | Oct 1981 | 6 Apr 2026 | None |
| Andrew Elias | Secretary | Not published | 11 Dec 2003 | None |
In the full report: every company its directors have run
- Confirmation that these 2 directors run no other company
- All 4 people who have been directors, with their dates
Filed accounts and finances
Net assets
£42.9k
+8.3% from £39.6k
Cash at bank
£44.6k
+16% from £38.6k
Employees (average)
1
Same as 1
Owed within a year
£4,820
+67% from £2,888
Net assets
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 04992573. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Mortgage Advice Service’s history from the FCA register and Companies House, newest first.
2026
6 April 2026
- Heidi Diana Elias became a part-owner (25–50% of shares)
Companies House
2016
6 April 2016
- Andrew Elias took control (75–100% of shares)
Companies House
2005
10 May 2005
- Became an appointed representative
FCA register
2003
11 December 2003
- Incorporated at Companies House
Companies House
In the full report: all 8 events
- All 8 events in its history (4 shown here)
- Every director appointment and resignation: 4
Firms like Mortgage Advice Service
Other firms of the same type (mortgage adviser or broker), nearest first.
In Newport
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 Mortgage Advice Service
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
- 6 years of accounts, charted
- All 8 events in its history
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Frequently asked questions about this firm
Is Mortgage Advice Service Ltd FCA authorised?
What does appointed representative mean for Mortgage Advice Service?
What is Mortgage Advice Service’s phone number?
Is Mortgage Advice Service a scam or clone?
Is my money safe with Mortgage Advice Service?
Who owns Mortgage Advice Service?
Who runs Mortgage Advice Service?
How long has Mortgage Advice Service been in business?
What do Mortgage Advice Service’s latest accounts show?
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