Nexmoney Ltd: FCA regulated?

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 12 years
Protected through the principal
No FCA actions
Active company since 2018
Accounts filed up to 31 October 2025

Responsible principal firm

STONEBRIDGE MORTGAGE SOLUTIONS LIMITED Reference number: 454811 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.
Nexmoney Ltd (FRN 610875) is an AR of STONEBRIDGE MORTGAGE SOLUTIONS LIMITED (FRN 454811). When you use Nexmoney's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Nexmoney, 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

01202 802677
Address

Avalon, 26-32 Oxford Road, Bournemouth, Dorset, BH8 8EZ, United Kingdom

In the full report: 2 background checks

What kind of line 01202 802677 is
Who else gives the postcode BH8 8EZ

Other names (1)

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

Luke Richards Former name: A name it was registered under before.

FCA permissions and consumer protection

Protection through the principal firm
Protection works through Stonebridge Mortgage 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.

Company number: 11454479 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 9 July 2018 (8 years old)
Registered office: Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS, England
Nature of business: Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)
Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Daniel Potts	Director	Jun 1979	9 Jul 2018	2 other companies
Luke Charles Richards	Director	Nov 1980	9 Jul 2018	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: 2
still active: 2

In the full report: all 2 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 October 2025Small company accountsNot audited

Net assets

£243

Down £727 from £970

Cash at bank

£4,667

Up £4,168 from £499

Employees (average)

2

−33% from 3

Owed within a year

£84.2k

+36% from £61.7k

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2021 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 11454479. 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

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

Key events (5) All events (8)

2020

23 October 2020

Changed its registered name from "Luke Richards"

FCA register

2018

9 July 2018

Incorporated at Companies House
Daniel Potts became a part-owner (25–50% of shares)
Luke Charles Richards became a part-owner (25–50% of shares)

Companies House

2013

28 November 2013

Became an appointed representative

FCA register

In the full report: all 8 events

All 8 events in its history (5 shown here)
Every director appointment and resignation: 2

Firms connected to Nexmoney

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

connected firms: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: the same postcode (3)
Who links each one: the named directors, with dates

Firms like Nexmoney

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

In Bournemouth

Andy King Financial Consultancy LimitedBournemouthAppointed representative Dorset Mortgage Group LtdBournemouthAppointed representative Libertas Financial Planning LtdBournemouthAppointed representative Morweb LtdBournemouthAppointed representative N Waters LtdBournemouthAppointed representative Parkway Mortgages LimitedBournemouthAppointed representative

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 Nexmoney

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
2 background checks on its contact details
4 years of accounts, charted
All 8 events in its history
3 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Nexmoney Ltd FCA authorised?

Nexmoney Ltd (FRN 610875) 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 Nexmoney?

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. Nexmoney Ltd (FRN 610875) is an AR of STONEBRIDGE MORTGAGE SOLUTIONS LIMITED (FRN 454811). When you use Nexmoney's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Nexmoney, 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 Nexmoney’s phone number?

The FCA register lists the phone number 01202 802677 for Nexmoney. If you were given different contact details, use these to check with the firm before going any further.

Is Nexmoney a scam or clone?

Nexmoney 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 Nexmoney?

Protection works through Stonebridge Mortgage Solutions Limited, the principal firm responsible for Nexmoney's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Nexmoney?

Companies House lists 2 people with significant control of Nexmoney: Mr Daniel Potts (25–50% of shares) and Mr Luke Charles Richards (25–50% of shares).

Who runs Nexmoney?

Companies House lists 2 directors of Nexmoney: Daniel Potts and Luke Charles Richards.

How long has Nexmoney been in business?

The company was formed on 9 July 2018.

What do Nexmoney’s latest accounts show?

Its latest accounts, to 31 October 2025, show net assets of £243 (down £727 from £970) and cash at bank of £4,667 (up £4,168 from £499).

Does Nexmoney use any other names?

It has previously used the name Luke Richards.