MyPay Limited

Reference number: 1052725

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

Responsible principal firm

Independent Broking Solutions Limited Reference number: 312026 Authorised View firm →
What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • MyPay Limited (FRN 1052725) introduces customers to Independent Broking Solutions Limited (FRN 312026). Any regulated advice or arranging is done by the principal, not MyPay.
  • Example: if MyPay refers you to a financial adviser, the advice should come from the principal firm, not from MyPay itself.
  • 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.

In the full report: 3 background checks

  • When mypay.uk.com first appeared online, and whether it can receive email
  • What kind of line 0161 428 3993 is
  • Who else gives the postcode SK8 6RL
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Independent Broking Solutions 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.

Concerns on the company record

  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
Company number
06425704
Company status
Active
Company type
Private limited company
Incorporated
13 November 2007 (18 years old)
Registered office
176 Ashley Road, Poole, BH14 9BY, England
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Samantha Jayne Covington Director Apr 1989 14 Apr 2026 1 other company

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 company
1
still active
1

In the full report: all 1 company, 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 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 November 2024Full accountsAudited

Turnover

£44.2m

−11% from £49.7m

Profit before tax

£73.5k

−76% from £306k

Net assets

£70.5k

−49% from £139k

Employees (average)

756

−8.9% from 830

Its next accounts are overdue at Companies House.

Turnover and profit

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • Both charts, 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.

Accounts filed at Companies House for company 06425704. 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

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

Key events (8) All events (19)

2026

14 April 2026

  • Board replaced: both directors left and a new director took over
  • Samantha Jayne Covington took control (75–100% of shares)
  • Stephen Martin Hollins stopped being the majority owner

Companies House

6 March 2026

  • Became an introducer appointed representative

FCA register

2022

8 February 2022

  • Stephen Martin Hollins became the majority owner (50–75% of shares)

Companies House

2017

1 August 2017

  • Stephen Martin Hollins stopped being a part-owner

Companies House

2016

13 November 2016

  • Stephen Martin Hollins became a part-owner (25–50% of shares)

Companies House

2007

13 November 2007

  • Incorporated at Companies House

Companies House

In the full report: all 19 events

  • All 19 events in its history (8 shown here)
  • Every director appointment and resignation: 11
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Firms connected to MyPay

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

connected firms
4
no longer authorised
1
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like MyPay

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

In Cheadle

David KellyCheadleAppointed representativeNix Services LimitedCheadleAppointed representativeRoger W. Dean & Company LimitedCheadleAppointed representativeSupportis LimitedCheadleAppointed representativeManor Financial Advice LtdCheadleAuthorisedAcasta Europe LimitedCheadleAuthorised

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 MyPay

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 19 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is MyPay Limited FCA authorised?
MyPay Limited (FRN 1052725) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for MyPay?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. MyPay Limited (FRN 1052725) introduces customers to Independent Broking Solutions Limited (FRN 312026). Any regulated advice or arranging is done by the principal, not MyPay. Example: if MyPay refers you to a financial adviser, the advice should come from the principal firm, not from MyPay itself. 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 MyPay’s phone number and website?
The FCA register lists the phone number 0161 428 3993 and the website mypay.uk.com for MyPay. If you were given different contact details, use these to check with the firm before going any further.
Is MyPay a scam or clone?
MyPay 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 MyPay?
Protection works through Independent Broking Solutions Limited, the principal firm responsible for MyPay's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns MyPay?
Companies House lists one person with significant control of MyPay: Miss Samantha Jayne Covington (75–100% of shares). Before that, it was controlled by Mr Stephen Martin Hollins.
Who runs MyPay?
Companies House lists one director of MyPay: Samantha Jayne Covington.
How long has MyPay been in business?
The company was formed on 13 November 2007.
What do MyPay’s latest accounts show?
Its latest accounts, to 30 November 2024, show turnover of £44.2m (−11% from £49.7m) and profit before tax of £73.5k (−76% from £306k). Its accounts are overdue at Companies House.

Sources and links

The full report on MyPay Limited

£19.99 · Instant PDF download

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