Rel Finance Limited

Reference number: 990924

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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: 2 background checks, 1 thing worth a closer look

  • When relfinance.co.uk first appeared online, and whether it can receive email
  • Whether W1W 7LT is a shared office: 43 other firms give it
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Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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
14285643
Company status
Active
Company type
Private limited company
Incorporated
9 August 2022 (4 years old)
Registered office
27 Hill Street, London, W1J 5LP, England
Nature of business
  • Activities of financial services holding companies (SIC 64205)

Directors and company secretaries

Name Role Born Appointed Other companies
Sumeer Bose Director Sep 1989 9 Aug 2022 6 other companies
Tashin Ketan Morjaria Director Apr 1990 9 Aug 2022 4 other companies
Sophie Bose Secretary Not published 9 Aug 2022 –

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
8
still active
8
run together
2

In the full report: all 8 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 2 companies these 2 directors run together
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Filed accounts and finances

Year to 31 March 2025Full accountsNot audited

Net assets

£379k

+559% from £57.5k

Cash at bank

£1.37m

−65% from £3.87m

Employees (average)

3

Same as 3

Owed within a year

£4.68m

−41% from £7.99m

Assets and liabilities

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.

Accounts filed at Companies House for company 14285643. 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

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

2023

28 July 2023

  • Registered with the FCA

FCA register

18 January 2023

  • Morka Aries Limited stopped being a part-owner
  • Ss Bose Limited stopped being a part-owner

Companies House

2022

14 November 2022

  • Morka Aries Limited became a part-owner (25–50% of shares)
  • Ss Bose Limited became a part-owner (25–50% of shares)
  • Sumeer Bose stopped being a part-owner
  • Tashin Ketan Morjaria stopped being a part-owner

Companies House

9 August 2022

  • Incorporated at Companies House
  • Sumeer Bose became a part-owner (25–50% of shares)
  • Tashin Ketan Morjaria became a part-owner (25–50% of shares)
  • Sumeer Bose appointed as a director
  • Tashin Ketan Morjaria appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Get the full report on Rel Finance

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

  • 8 other companies its directors have run, named
  • 2 background checks on its contact details, 1 flagged
  • All 12 events in its history

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Frequently asked questions about this firm

Is Rel Finance Limited FCA authorised?
Rel Finance Limited (FRN 990924) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
What is Rel Finance’s website?
The FCA register lists the website relfinance.co.uk for Rel Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Rel Finance a scam or clone?
Rel Finance is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with Rel Finance?
Money you hand to Rel Finance is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns Rel Finance?
Companies House lists no one with significant control of Rel Finance now. Before that, it was controlled by Morka Aries Limited, Ss Bose Limited and Mr Sumeer Bose.
Who runs Rel Finance?
Companies House lists 2 directors of Rel Finance: Sumeer Bose and Tashin Ketan Morjaria.
How long has Rel Finance been in business?
The company was formed on 9 August 2022.
What do Rel Finance’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £379k (+559% from £57.5k) and cash at bank of £1.37m (−65% from £3.87m).

Sources and links

The full report on Rel Finance Limited

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