Optimum FS Limited

Reference number: 499309

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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

First Complete Limited Reference number: 435779 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.
  • Optimum FS Limited (FRN 499309) is an AR of First Complete Limited (FRN 435779). When you use Optimum FS's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Optimum FS, 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

    0114 229 1900

  • Address

    Optimum Head Office, Unit P2, Sheffield Airport Business Park, Europa Link, Sheffield, S9 1XU, United Kingdom

In the full report: 2 background checks

  • What kind of line 0114 229 1900 is
  • Who else gives the postcode S9 1XU
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Other names (7)

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

  • Optimum Residential Trading name
  • Paul Spooner Former name
  • #1 Income Protection Former trading name
  • ELR Mortgages Former trading name
  • Optimum Financial Solutions Former trading name
  • Saxton Mee Mortgages Former trading name
  • Toro Residential Finance Former trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through First Complete 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
08400206
Company status
Active
Company type
Private limited company
Incorporated
13 February 2013 (13 years old)
Registered office
Unit P2 Sheffield Airport Business Park, Europa Link, Sheffield, S9 1XU, United Kingdom
Nature of business
  • Life insurance (SIC 65110)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul David Spooner Director Jun 1979 13 Feb 2013 2 other companies

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 companies
2
still active
2
is FCA-registered
1

In the full report: all 2 companies, 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
  • The one on the FCA register
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£60.6k

+12% from £54.2k

Cash at bank

£1,292

+3.7% from £1,246

Employees (average)

0

Same as 0

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
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 08400206. 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

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

Key events (6) All events (24)

2023

11 May 2023

  • Caroline Joanne Spooner stopped being a part-owner

Companies House

2016

6 April 2016

  • Caroline Joanne Spooner became a part-owner (25–50% of shares)
  • Paul Spooner took control (75–100% of shares)

Companies House

2015

8 December 2015

  • Changed its registered name from "Paul Spooner"

FCA register

2013

13 February 2013

  • Incorporated at Companies House

Companies House

2009

14 April 2009

  • Became an appointed representative

FCA register

In the full report: all 24 events

  • All 24 events in its history (6 shown here)
  • Every director appointment and resignation: 7
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Firms connected to Optimum FS

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

connected firms
2
share a director
1
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (1), the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Optimum FS

Other firms of the same type (mortgage adviser or broker), nearest first.

In Sheffield

Ace Mortgages LimitedSheffieldAppointed representativeClear Mortgage ConsultantsSheffieldAppointed representativeDean KenyonSheffieldAppointed representativeHasnat SherazSheffieldAppointed representativeHelen SmithSheffieldAppointed representativeHM Mortgages LtdSheffieldAppointed 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 Optimum FS

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
  • 6 years of accounts, charted
  • All 24 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Optimum FS Limited FCA authorised?
Optimum FS Limited (FRN 499309) 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 Optimum FS?
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. Optimum FS Limited (FRN 499309) is an AR of First Complete Limited (FRN 435779). When you use Optimum FS's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Optimum FS, 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 Optimum FS’ phone number?
The FCA register lists the phone number 0114 229 1900 for Optimum FS. If you were given different contact details, use these to check with the firm before going any further.
Is Optimum FS a scam or clone?
Optimum FS 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 Optimum FS?
Protection works through First Complete Limited, the principal firm responsible for Optimum FS's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Optimum FS?
Companies House lists one person with significant control of Optimum FS: Mr Paul Spooner (75–100% of shares). Before that, it was controlled by Mrs Caroline Joanne Spooner.
Who runs Optimum FS?
Companies House lists one director of Optimum FS: Paul David Spooner.
How long has Optimum FS been in business?
The company was formed on 13 February 2013.
What do Optimum FS’ latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £60.6k (+12% from £54.2k) and cash at bank of £1,292 (+3.7% from £1,246).
Does Optimum FS use any other names?
It trades as Optimum Residential. It has previously used 6 other names, including Paul Spooner, #1 Income Protection and ELR Mortgages.

Sources and links

The full report on Optimum FS Limited

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