Introducer appointed representative
This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.
- Appointed for 4 years
- Protected through the principal
- No FCA actions
- Active company since 2018
- Accounts filed up to 30 April 2025
- On its latest accounts it owed £436k more than it owned
Responsible principal firm
Paragon Advance Ltd Reference number: 304595 Caution 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.
- Openbrix Ltd (FRN 968596) introduces customers to Paragon Advance Ltd (FRN 304595). Any regulated advice or arranging is done by the principal, not Openbrix.
- Example: if Openbrix refers you to a financial adviser, the advice should come from the principal firm, not from Openbrix 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.
This company holds another FCA record
A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.
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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Phone number
-
Address
Regent Street, Clifton, Bristol, B58 4HU, United Kingdom
In the full report: 3 background checks
- When openbrix.co.uk first appeared online, and whether it can receive email
- What kind of line 07770 223816 is
- Who else gives the postcode B58 4HU
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Paragon Advance Ltd, 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
- 11305881 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 12 April 2018 (8 years old)
- Registered office
- 40 - 42 Regent Street, Clifton, Bristol, BS8 4HU, England
- Nature of business
-
- Web portals (SIC 63120)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Adam James Pigott | Director | Aug 1963 | 23 May 2019 | 17 other companies |
| John Peter Hards | Director | May 1955 | 24 Oct 2019 | 128 other companies |
| Shahad Ahmed Choudhury | Director | Jul 1981 | 14 Apr 2020 | 2 other companies |
| Gareth Rhys Williams | Director | Feb 1964 | 26 Jan 2022 | 348 other companies |
| Neil Richard Peers | Director | Aug 1975 | 14 Sep 2022 | 5 other companies |
| Edward William Fitzalan-Howard | Director | Dec 1956 | 25 Apr 2024 | None |
| Matthew Dawson Spence | Director | Sep 1969 | 25 Apr 2024 | 1 other company |
| Adrienne Elizabeth Lea Clarke | Director | Mar 1964 | 2 Jan 2025 | 3 other companies |
Other companies run by these 8 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
- 381
- closed down
- 252
- are FCA-registered
- 7
In the full report: all 381 companies, named
- What each company does, and whether it is still trading
- Which of these 8 directors sit on each board, and since when
- Any that went into liquidation or administration
- The 7 on the FCA register, including one no longer authorised
- The 119 companies these 8 directors run together
- All 14 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£436k
Down £355k from −£80.6k
Cash at bank
£4,378
−99% from £388k
Employees (average)
0
Same as 0
Owed within a year
£679k
+29% from £528k
Net assets are negative: on its last balance sheet the company owed £436k more than it owned.
Assets and liabilities
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 11305881. 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
Openbrix’s history from the FCA register and Companies House, newest first.
2023
5 June 2023
- Shahad Ahmed Choudhury gained significant control
Companies House
10 April 2023
- Charolta Alberteris stopped being a part-owner
Companies House
2022
25 January 2022
- Became an introducer appointed representative
FCA register
2018
14 November 2018
- Charolta Alberteris became a part-owner (25–50% of shares)
- The Shoreditch Partnership LLP stopped being a part-owner
Companies House
2 August 2018
- Shahad Ahmed Choudhury gave up control
- The Shoreditch Partnership LLP became a part-owner (25–50% of shares)
Companies House
12 April 2018
- Incorporated at Companies House
- Shahad Ahmed Choudhury took control (75–100% of shares)
Companies House
In the full report: all 29 events
- All 29 events in its history (9 shown here)
- Every director appointment and resignation: 20
Firms connected to Openbrix
Other FCA-listed firms that share a director, phone number or address with Openbrix. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- share a director
- 1
- past links
- 6
In the full report: the connected firm, named
- How it is linked: shared directors (1)
- Who links it to this firm: the named directors, with dates
- 6 past links through former directors
Firms like Openbrix
Other firms of the same type (insurance broker), nearest first.
In Bristol
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 Openbrix
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 381 other companies its directors have run, named
- 3 background checks on its contact details
- 6 years of accounts, charted
- All 29 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
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Who runs Openbrix?
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What do Openbrix’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