Pillar Labs Ltd

Reference number: 996727

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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.

In the full report: 3 background checks

  • When lemfi.com first appeared online, and whether it can receive email
  • What kind of line 020 4525 0689 is
  • Who else gives the postcode N1C 4EW
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Other names (3)

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

  • LemFi Trading name: A name it trades under now.
  • Affinitech Ltd Former name: A name it was registered under before.
  • Pillar Former trading name: A name it used to trade under.

FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (3 permissions)
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Providing Credit Information Services

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 status
Active
Company type
Private limited company
Incorporated
22 September 2021 (5 years old)
Registered office
Jellicoe -5 Beaconsfield St, London, N1C 4EW, England
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Srivats Tandlam Shyamsundar Director Sep 1988 25 Feb 2026 None
Jacques Pierre Ogier Director Jul 1993 1 May 2026 None
Rebeca Wignall Benitez Secretary Not published 27 Feb 2026 –

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
  • All 4 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Small company accountsNot audited

Net assets

£54.0k

−96% from £1.23m

Cash at bank

£255k

−72% from £916k

Employees (average)

10

−29% from 14

Owed within a year

£240k

+175% from £87.2k

Net assets

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 13637649. Figures are exactly as filed; nothing is estimated.

Key dates in its history

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

2025

20 May 2025

  • Ashutosh Bhatt stopped being a part-owner

Companies House

13 May 2025

  • Ridwan Akangbe Olalere gained significant control

Companies House

2024

28 May 2024

  • Changed its registered name from "Affinitech Ltd"

FCA register

14 May 2024

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2021

12 November 2021

  • Adam Nathan Lewis stopped being a part-owner

Companies House

22 September 2021

  • Incorporated at Companies House
  • Adam Nathan Lewis became a part-owner (25–50% of shares)
  • Ashutosh Bhatt became a part-owner (25–50% of shares)

Companies House

In the full report: all 20 events

  • All 20 events in its history (9 shown here)
  • Every director appointment and resignation: 6
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Firms like Pillar Labs

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

In London

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 Pillar Labs

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

  • Every company its directors have run, named
  • 3 background checks on its contact details
  • All 20 events in its history

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Frequently asked questions about this firm

Is Pillar Labs Ltd FCA authorised?
Yes, Pillar Labs Ltd (FRN 996727) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2024 and works as a lender. The FCA has placed no limits on its permissions.
What is Pillar Labs’ phone number and website?
The FCA register lists the phone number 020 4525 0689 and the website lemfi.com/credit for Pillar Labs. If you were given different contact details, use these to check with the firm before going any further.
Is Pillar Labs a scam or clone?
Pillar Labs 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 Pillar Labs?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Pillar Labs handles your money, so check the specific product before you commit. You can also refer complaints about Pillar Labs to the Financial Ombudsman Service, free of charge.
Who owns Pillar Labs?
Companies House lists one person with significant control of Pillar Labs: Ridwan Akangbe Olalere (significant influence or control). Before that, it was controlled by Mr Ashutosh Bhatt and Mr Adam Nathan Lewis.
Who runs Pillar Labs?
Companies House lists 2 directors of Pillar Labs: Srivats Tandlam Shyamsundar and Jacques Pierre Ogier.
How long has Pillar Labs been in business?
The company was formed on 22 September 2021, and has held its current FCA authorisation since May 2024.
What do Pillar Labs’ latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £54.0k (−96% from £1.23m) and cash at bank of £255k (−72% from £916k).
Does Pillar Labs use any other names?
It trades as LemFi. It has previously used 2 other names: Affinitech Ltd and Pillar.

Sources and links

The full report on Pillar Labs Ltd

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