Novellus Limited

Reference number: 782166

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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

    020 3397 4871

  • Address

    T Bromley, 15 London Road, Bromley, BR1 1DE, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 3397 4871 is
  • Who else gives the postcode BR1 1DE
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Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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
10790634
Company status
Active
Company type
Private limited company
Incorporated
26 May 2017 (9 years old)
Registered office
T Bromley, Ground Floor, 15 London Road, Bromley, BR1 1DE, England
Nature of business
  • Activities of mortgage finance companies (SIC 64922)

Directors and company secretaries

Name Role Born Appointed Other companies
William Peter Mcmanus Director Aug 1981 26 May 2017 35 other companies
Daniel Joseph Maskell Director Mar 1985 1 Nov 2024 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
35
closed down
30
still active
5

In the full report: all 35 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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2023Small company accountsNot audited

Net assets

£4.06m

+169% from £1.51m

Cash at bank

£224k

−91% from £2.37m

Employees (average)

9

Same as 9

Owed within a year

£4.87m

+30% from £3.74m

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2020 to 2023
  • 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 10790634. 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

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

Key events (4) All events (8)

2022

29 April 2022

  • Novellus Capital Limited took control (75–100% of shares)

Companies House

2017

28 July 2017

  • Registered with the FCA

FCA register

26 May 2017

  • Incorporated at Companies House
  • William Peter McManus took control (75–100% of shares)

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Novellus

Other FCA-listed firms that share a director, phone number or address with Novellus. 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
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Get the full report on Novellus

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

  • 35 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
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Novellus Limited FCA authorised?
Novellus Limited (FRN 782166) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
What is Novellus’ phone number?
The FCA register lists the phone number 020 3397 4871 for Novellus. If you were given different contact details, use these to check with the firm before going any further.
Is Novellus a scam or clone?
Novellus is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with Novellus?
Money you hand to Novellus is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns Novellus?
Novellus is owned by Novellus Capital Limited, which holds 75–100% of shares and 75–100% of votes, since 29 April 2022.
Who runs Novellus?
Companies House lists 2 directors of Novellus: William Peter McManus and Daniel Joseph Maskell.
How long has Novellus been in business?
The company was formed on 26 May 2017.
What do Novellus’ latest accounts show?
Its latest accounts, to 31 March 2023, show net assets of £4.06m (+169% from £1.51m) and cash at bank of £224k (−91% from £2.37m).

Sources and links

The full report on Novellus Limited

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