Authorisation being cancelled, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 December 2024
- Company: in liquidation
- Accounts are overdue at Companies House
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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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No website on the FCA register
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No phone number on the FCA register
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Address
Simon Carvill-Biggs and Miles Needham, of FRP Advisory Trading Limited, 2nd Floor, Churchill House, 26-30 Upper Marlborough Road, St Albans, AL1 3UU, United Kingdom
In the full report: 1 background check
- Who else gives the postcode AL1 3UU
Other names (2)
If you were contacted under any of these names, it is this firm.
- PKD Private Finance Ltd Former name: A name it was registered under before.
- JW Private Finance Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (10 permissions)
- Acting as a CBTL advisor
- Acting as a CBTL arranger
- Advising on investments (except on Pension Transfers and Pension Opt Outs)
- Advising on regulated mortgage contracts
- Arranging (bringing about) deals in investments
- Arranging (bringing about) regulated mortgage contracts
- Credit Broking
- Debt-counselling
- Making arrangements with a view to regulated mortgage contracts
- Making arrangements with a view to transactions in investments
Limits on the record
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The firm must immediately cease all regulated activities, offboard all current Appointed Representatives (ARs) within 28 days and must not onboard any new ARs or Introducer ARs.
PKD Mortgage Network Limited (the “Firm”) as an authorised person with permission granted under Part 4A of the Financial Services and Markets Act 2000 (the “Act”), hereby applies to the Financial Conduct Authority (the “Authority”), pursuant to section 55L(5)(a) of the Act, for the imposition of requirement (the “Requirement”) as set out in the terms below. Requirement 1. Save in connection with paragraph 2 below, the Firm must not carry on any regulated activities either directly, or through the Appointed Representatives, Galaxy Finance Specialist Limited (FRN 1008042) and DEVBROK Limited (FRN 986990), with immediate effect. 2. The Firm is permitted to conduct regulated activities in connection with agreements and arrangements already in existence on 6 February 2026 as part of its wind down arrangements (subject to any other relevant duties and obligations). 3. The Firm must take steps to offboard all 11 of its Appointed Representatives within 28 days of signing this Requirement. 4. The Firm must not, without the prior written consent of the Authority, enter into any new agreement or arrangement with any Appointed Representative or Introducer Appointed Representative. Effective date 1. The Requirement in this application is to take effect immediately upon acceptance of this application by the Authority and notification of such to the Firm via email. 2. The Requirement will remain in force unless and until varied or cancelled by the Authority (either on application of the Firm or of the Authority’s own volition).
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.
Concerns on the company record
- Companies House records this company in liquidation.
- Accounts are overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 11111913 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 14 December 2017 (8 years old)
- Registered office
- Frp Advisory Trading Limited 2nd Floor Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU
- Nature of business
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- Activities of insurance agents and brokers (SIC 66220)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Manvinder Singh Sehmi | Director | Jun 1981 | 14 Dec 2017 | 1 other company |
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 company
- 1
- closed down
- 1
In the full report: all 1 company, 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
Filed accounts and finances
Net assets
£57.9k
+102% from £28.6k
Employees (average)
2
+100% from 1
Owed within a year
£23.3k
−32% from £34.1k
Its next accounts are overdue at Companies House.
Assets and liabilities
In the full report: all 6 years of accounts
- Every year from 2019 to 2024
- 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 11111913. 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
Pkd Mortgage Network’s history from the FCA register and Companies House, newest first.
2026
13 February 2026
- FCA imposed a requirement (The firm must immediately cease all regulated activities, offboard all current Appointed Representatives (ARs) within 28 days and must not onboard any new ARs or Introducer ARs.)
FCA register
2021
18 November 2021
- Manvinder Sehmi took control (75–100% of shares)
Companies House
4 August 2021
- Changed its registered name from "PKD Private Finance Ltd"
FCA register
2019
9 December 2019
- Regulated by the FCA from this date
- Applied to cancel its FCA authorisation
FCA register
2017
14 December 2017
- Incorporated at Companies House
Companies House
In the full report: all 10 events
- All 10 events in its history (6 shown here)
- Every director appointment and resignation: 1
Firms connected to Pkd Mortgage Network
Other FCA-listed firms that share a director, phone number or address with Pkd Mortgage Network. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 4
- share its postcode
- 4
In the full report: all 4 connected firms, named
- How each is linked: the same postcode (4)
- Who links each one: the named directors, with dates
Firms like Pkd Mortgage Network
Other firms of the same type (mortgage adviser or broker), nearest first.
In St Albans
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 Pkd Mortgage Network
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 other company its directors have run, named
- 1 background check on its contact details
- 6 years of accounts, charted
- All 10 events in its history
- 4 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk