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.
- Appointed for 1 year
- Protected through the principal
- No FCA actions
- Active company since 2024
- Accounts filed up to 31 August 2025
Responsible principal firm
Cornerstone Finance Group Ltd Reference number: 767202 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.
- PROMONEY MORTGAGE SERVICES LIMITED (FRN 1041027) is an AR of Cornerstone Finance Group Ltd (FRN 767202). When you use PROMONEY MORTGAGE SERVICES's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from PROMONEY MORTGAGE SERVICES, 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.
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No website on the FCA register
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Phone number
-
Address
1364 London Road, Croydon, London, SW16 4DE, United Kingdom
In the full report: 2 background checks
- What kind of line 07958 213075 is
- Who else gives the postcode SW16 4DE
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Cornerstone Finance Group Ltd, 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, freeYou 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
- 15857985 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 25 July 2024 (2 years old)
- Registered office
- 1364a London Road, London, SW16 4DE, England
- Nature of business
-
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Kalpa Shah | Director | Jul 1967 | 25 Jul 2024 | None |
| Paresh Raishi Shah | Director | May 1964 | 25 Jul 2024 | 3 other companies |
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
- 3
- closed down
- 1
- is FCA-registered
- 1
In the full report: all 3 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
- The one on the FCA register
Filed accounts and finances
Net assets
£10.4k
No earlier figure to compare
Cash at bank
£2,851
No earlier figure to compare
Employees (average)
2
No earlier figure to compare
Owed within a year
£3,190
No earlier figure to compare
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 15857985. 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
Promoney Mortgage Services’s history from the FCA register and Companies House, newest first.
2025
16 September 2025
- Became an appointed representative
FCA register
2024
25 July 2024
- Incorporated at Companies House
- Kalpa Shah became a part-owner (25–50% of shares)
- Paresh Raishi Shah became a part-owner (25–50% of shares)
- Kalpa Shah appointed as a director
- Paresh Raishi Shah appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms connected to Promoney Mortgage Services
Other FCA-listed firms that share a director, phone number or address with Promoney Mortgage Services. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- share a director
- 1
In the full report: the connected firm, named
- How it is linked: shared directors (1)
- Who links it to this firm: the named directors, with dates
Firms like Promoney Mortgage Services
Other firms of the same type (mortgage adviser or broker), nearest first.
In Croydon
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 Promoney Mortgage Services
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 other companies its directors have run, named
- 2 background checks on its contact details
- All 6 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
Is Promoney Mortgage Services Limited FCA authorised?
What does appointed representative mean for Promoney Mortgage Services?
What is Promoney Mortgage Services’ phone number?
Is Promoney Mortgage Services a scam or clone?
Is my money safe with Promoney Mortgage Services?
Who owns Promoney Mortgage Services?
Who runs Promoney Mortgage Services?
How long has Promoney Mortgage Services been in business?
What do Promoney Mortgage Services’ latest accounts show?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk