Progressive Money Limited

Reference number: 690699

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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.

  • No website on the FCA register

  • Phone number

    0161 814 9993

  • Address

    9 Portland Street, Manchester, M1 3BE, United Kingdom

In the full report: 2 background checks

  • What kind of line 0161 814 9993 is, and the other firm that gives it
  • Who else gives the postcode M1 3BE
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Other names (3)

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

  • Hello Loans Trading name: A name it trades under now.
  • Loan Vault Trading name: A name it trades under now.
  • The Loan Vault Trading name: A name it trades under now.

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)
  • Credit Broking
  • 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)

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
26 June 2012 (14 years old)
Registered office
9 Portland Street, Manchester, M1 3BE, England
Nature of business
  • Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921)

Directors and company secretaries

Name Role Born Appointed Other companies
Mathew James Montgomery Director Jan 1980 26 Jun 2012 9 other companies
Stephen Philip Brilus Director Nov 1968 26 Jun 2012 17 other companies
Kerriann Pender Director Aug 1979 7 Mar 2014 None
Steven Jonathan Daly Director Mar 1984 29 Apr 2024 3 other companies

Other companies run by these 4 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
19
closed down
13
went insolvent
2

In the full report: all 19 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • The 2 that went into liquidation or administration
  • The 2 on the FCA register
  • The 7 companies these 4 directors run together
  • All 7 people who have ever been directors, with their dates
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Key dates in its history

Progressive Money’s history from the FCA register and Companies House, newest first.

2016

6 April 2016

  • Evolution Money Group Limited took control (75–100% of shares)

Companies House

29 February 2016

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

FCA register

2012

26 June 2012

  • Incorporated at Companies House

Companies House

In the full report: all 20 events

  • All 20 events in its history (4 shown here)
  • Every director appointment and resignation: 10
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Firms connected to Progressive Money

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

connected firms
2
share a director
2
share its phone number
1

In the full report: all 2 connected firms, named

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

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

In Manchester

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 Progressive Money

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

  • 19 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 20 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Progressive Money Limited FCA authorised?
Yes, Progressive Money Limited (FRN 690699) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2016 and works as a lender. The FCA has placed no limits on its permissions.
What is Progressive Money’s phone number?
The FCA register lists the phone number 0161 814 9993 for Progressive Money. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Progressive Money a scam or clone?
Progressive Money 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 Progressive Money?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Progressive Money handles your money, so check the specific product before you commit. You can also refer complaints about Progressive Money to the Financial Ombudsman Service, free of charge.
Who owns Progressive Money?
Progressive Money is owned by Evolution Money Group Limited, which holds 75–100% of shares, since 6 April 2016.
Who runs Progressive Money?
Companies House lists 4 directors of Progressive Money: Mathew James Montgomery, Stephen Philip Brilus, Kerriann Pender and Steven Jonathan Daly.
How long has Progressive Money been in business?
The company was formed on 26 June 2012, and has held its current FCA authorisation since February 2016.
Does Progressive Money use any other names?
It trades as Hello Loans, Loan Vault and The Loan Vault.

Sources and links

The full report on Progressive Money Limited

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