Raenik Finance Limited

Reference number: 742326

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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 rndjewellers.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8869 0644 is
  • Who else gives the postcode HA2 8JA
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Other names (1)

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

  • RnD JEWELLERS Trading name

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 (2 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)

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

  • Confirmation statement is overdue at Companies House.
Company number
05070237
Company status
Active
Company type
Private limited company
Incorporated
11 March 2004 (22 years old)
Registered office
Laxmi House 2-B Draycott Avenue, Kenton, Harrow, Middlesex, HA3 0BU, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Pravin Savji Valji Director Sep 1946 11 Mar 2004 2 other companies
Deepa Rupesh Valji Director Feb 1978 29 Mar 2005 None
Rupesh Pravin Valji Director Nov 1976 1 Apr 2006 None
Rupesh Pravin Valji Secretary Not published 29 Mar 2005 None

Other companies run by these 3 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
2
still active
2
is FCA-registered
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register, including one no longer authorised
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£3.12m

+4.6% from £2.98m

Cash at bank

£841k

+6.1% from £793k

Employees (average)

4

Same as 4

Owed within a year

£118k

−8.1% from £128k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 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 05070237. 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

Raenik Finance’s history from the FCA register and Companies House, newest first.

Key events (5) All events (11)

2016

8 November 2016

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

FCA register

6 April 2016

  • Pravin Savji Valji gained significant control
  • Rupesh Pravin Valji gained significant control

Companies House

2004

11 March 2004

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (5 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Raenik Finance

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

connected firm
1
share its postcode
1
past link
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
  • 1 past link through former directors
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Firms like Raenik Finance

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

In the Harrow (HA) postcode area

Ayngaran Jewellery LtdWembleyAuthorisedEoptimiser LimitedHarrowAuthorisedFairlo UK LimitedPinnerAuthorisedGraphite Euro LtdWembleyAuthorisedKirusna NadarajaWembleyAuthorisedLamna Financial LimitedEdgwareAuthorised

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 Raenik Finance

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Raenik Finance Limited FCA authorised?
Yes, Raenik Finance Limited (FRN 742326) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2016 and works as a lender. The FCA has placed no limits on its permissions.
What is Raenik Finance’s phone number and website?
The FCA register lists the phone number 020 8869 0644 and the website rndjewellers.co.uk for Raenik Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Raenik Finance a scam or clone?
Raenik Finance 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 Raenik Finance?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Raenik Finance handles your money, so check the specific product before you commit. You can also refer complaints about Raenik Finance to the Financial Ombudsman Service, free of charge.
Who owns Raenik Finance?
Companies House lists 2 people with significant control of Raenik Finance: Mr Pravin Savji Valji (significant influence or control) and Mr Rupesh Pravin Valji (significant influence or control).
Who runs Raenik Finance?
Companies House lists 3 directors of Raenik Finance: Pravin Savji Valji, Deepa Rupesh Valji and Rupesh Pravin Valji.
How long has Raenik Finance been in business?
The company was formed on 11 March 2004, and has held its current FCA authorisation since November 2016.
What do Raenik Finance’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £3.12m (+4.6% from £2.98m) and cash at bank of £841k (+6.1% from £793k).
Does Raenik Finance use any other names?
It trades as RnD JEWELLERS.

Sources and links

The full report on Raenik Finance Limited

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