MWP Financial Ltd

Reference number: 944094

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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.

Responsible principal firm

Openwork Limited Reference number: 408285 Authorised 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.
  • MWP Financial Ltd (FRN 944094) is an AR of Openwork Limited (FRN 408285). When you use MWP Financial's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from MWP Financial, 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.

  • No website on the FCA register

  • Phone number

    07956 632246

  • Address

    Unit 8, 114-120 Essex Road, London, N1 8LX, England

In the full report: 2 background checks

  • What kind of line 07956 632246 is
  • Who else gives the postcode N1 8LX
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Other names (1)

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

  • Kenneth Paul Oakley Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork 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, 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 number
13273842
Company status
Active
Company type
Private limited company
Incorporated
17 March 2021 (5 years old)
Registered office
Unit 8 114-120 Essex Road, London, N1 8LX, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Kenneth Oakley Director Apr 1964 17 Mar 2021 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£9,554

Up £9,168 from £386

Employees (average)

1

Up 1 from 0

Owed within a year

£7,024

Up £6,884 from £140

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2022 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 13273842. 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

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

2024

22 March 2024

  • Changed its registered name from "Kenneth Paul Oakley"

FCA register

2021

17 March 2021

  • Incorporated at Companies House
  • Kenneth Oakley took control (75–100% of shares)
  • Kenneth Oakley appointed as a director

Companies House

1 February 2021

  • Became an appointed representative

FCA register

Director appointments and resignations, and trading names, appear under All events.

Firms connected to MWP Financial

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

connected firms
2
no longer authorised
1
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like MWP Financial

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

In London

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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 MWP Financial

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
  • 4 years of accounts, charted
  • All 5 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is MWP Financial Ltd FCA authorised?
MWP Financial Ltd (FRN 944094) 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 MWP Financial?
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. MWP Financial Ltd (FRN 944094) is an AR of Openwork Limited (FRN 408285). When you use MWP Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from MWP Financial, 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 MWP Financial’s phone number?
The FCA register lists the phone number 07956 632246 for MWP Financial. If you were given different contact details, use these to check with the firm before going any further.
Is MWP Financial a scam or clone?
MWP Financial 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 MWP Financial?
Protection works through Openwork Limited, the principal firm responsible for MWP Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns MWP Financial?
Companies House lists one person with significant control of MWP Financial: Kenneth Oakley (75–100% of shares).
Who runs MWP Financial?
Companies House lists one director of MWP Financial: Kenneth Oakley.
How long has MWP Financial been in business?
The company was formed on 17 March 2021.
What do MWP Financial’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £9,554 (up £9,168 from £386).
Does MWP Financial use any other names?
It has previously used the name Kenneth Paul Oakley.

Sources and links

The full report on MWP Financial Ltd

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