Paddington Street Ltd

Reference number: 1017257

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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

  • No phone number on the FCA register

  • Address

    29 Paddington Street, London, W1U 4HA, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode W1U 4HA
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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
10263060
Company status
Active
Company type
Private limited company
Incorporated
5 July 2016 (10 years old)
Registered office
29 Paddington Street, London, W1U 4HA, United Kingdom
Nature of business
  • Other credit granting not elsewhere classified (SIC 64929)

Directors and company secretaries

Name Role Born Appointed Other companies
David Gordon Summerfield Director Jul 1965 8 Dec 2020 36 other companies
Adrian Leopold Alfred Hogan Director May 1991 20 Oct 2025 1 other company

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
37
closed down
5
still active
32

In the full report: all 37 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 December 2025Small company accountsNot audited

Net assets

£1.01m

+8.7% from £931k

Cash at bank

£107k

−40% from £179k

Employees (average)

0

Same as 0

Owed within a year

£5.84m

+29% from £4.51m

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • 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 10263060. 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

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

Key events (6) All events (10)

2024

22 August 2024

  • Registered with the FCA

FCA register

2020

10 June 2020

  • Adrian Leopold Alfred Hogan gave up control
  • Paddington Street Advisors Ltd became a part-owner (25–50% of shares)
  • Western Life Limited became a part-owner (25–50% of shares)

Companies House

2016

5 July 2016

  • Incorporated at Companies House
  • Adrian Leopold Alfred Hogan took control (75–100% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (6 shown here)
  • Every director appointment and resignation: 4
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Get the full report on Paddington Street

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

  • 37 other companies its directors have run, named
  • 1 background check on its contact details
  • 7 years of accounts, charted
  • All 10 events in its history

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Frequently asked questions about this firm

Is Paddington Street Ltd FCA authorised?
Paddington Street Ltd (FRN 1017257) 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.
Is Paddington Street a scam or clone?
Paddington Street 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 Paddington Street?
Money you hand to Paddington Street 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 Paddington Street?
Companies House lists 2 people with significant control of Paddington Street: Paddington Street Advisors Ltd (25–50% of shares) and Western Life Limited (25–50% of shares). Before that, it was controlled by Mr Adrian Leopold Alfred Hogan.
Who runs Paddington Street?
Companies House lists 2 directors of Paddington Street: David Gordon Summerfield and Adrian Leopold Alfred Hogan.
How long has Paddington Street been in business?
The company was formed on 5 July 2016.
What do Paddington Street’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £1.01m (+8.7% from £931k) and cash at bank of £107k (−40% from £179k).

Sources and links

The full report on Paddington Street Ltd

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