Rhea Group Ltd

Reference number: 722380

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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, 2 things worth a closer look

  • When rheafamily.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 4583 0049 is
  • Whether EC3V 0HR is a shared office: 25 other firms give it
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Other names (3)

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

  • Rhea Family Finance Trading name
  • Rhea Professions Finance Trading name
  • Hera Finance Ltd Former 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 (4 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)
  • Providing Credit Information Services

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
07443570
Company status
Active
Company type
Private limited company
Incorporated
18 November 2010 (15 years old)
Registered office
70 Gracechurch Street, London, EC3V 0HR, England
Nature of business
  • Other credit granting not elsewhere classified (SIC 64929)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael Gerard Toone Director Apr 1964 15 Feb 2013 12 other companies
Clive William Collins Director Dec 1968 3 Oct 2022 1 other company
Nigel Andrew Bate Director Aug 1971 11 Oct 2024 20 other companies
Russell Justin Booth Director Jan 1969 11 Oct 2024 None
Barbara Anne Toone Secretary Not published 2 Jul 2018 –

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
33
closed down
7
are FCA-registered
2

In the full report: all 33 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • All 8 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£602k

+52% from £397k

Cash at bank

£1.37m

Up £1.30m from £69.9k

Employees (average)

5

Same as 5

Owed within a year

£177k

+44% from £123k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 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 07443570. 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

Rhea Group’s history from the FCA register and Companies House, newest first.

Key events (8) All events (26)

2024

11 October 2024

  • Russell Justin Booth gained 25–50% of the votes

Companies House

2020

21 December 2020

  • Patrick Peter James Bullen-Smith stopped being a part-owner

Companies House

2018

24 April 2018

  • Changed its registered name from "Hera Finance Ltd"

FCA register

2016

6 April 2016

  • Michael Gerard Toone gained 25–50% of the votes
  • Patrick Peter James Bullen-Smith became a part-owner (25–50% of shares)

Companies House

4 April 2016

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

FCA register

2010

18 November 2010

  • Incorporated at Companies House

Companies House

In the full report: all 26 events

  • All 26 events in its history (8 shown here)
  • Every director appointment and resignation: 14
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Firms connected to Rhea Group

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

connected firms
2
share a director
2

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (2)
  • Who links each one: the named directors, with dates
Instant PDF download

Firms like Rhea Group

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

In London

Klarna Financial Services UK LimitedLondonAuthorisedAffirm U.K. LimitedLondonAuthorisedGlaxosmithkline Services UnlimitedLondonAuthorisedGoldsmiths University of LondonLondonAuthorisedPershing Securities LimitedLondonAuthorisedClydesdale Financial Services LimitedLondonAuthorised

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 Rhea Group

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

  • 33 other companies its directors have run, named
  • 3 background checks on its contact details, 2 flagged
  • 7 years of accounts, charted
  • All 26 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Rhea Group Ltd FCA authorised?
Yes, Rhea Group Ltd (FRN 722380) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2016 and works as a lender. The FCA has placed no limits on its permissions.
What is Rhea Group’s phone number and website?
The FCA register lists the phone number 020 4583 0049 and the website rheafamily.co.uk for Rhea Group. If you were given different contact details, use these to check with the firm before going any further.
Is Rhea Group a scam or clone?
Rhea Group 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 Rhea Group?
It may control client money but not hold it. Protection depends on which product you hold and how Rhea Group handles your money, so check the specific product before you commit. You can also refer complaints about Rhea Group to the Financial Ombudsman Service, free of charge.
Who owns Rhea Group?
Companies House lists 2 people with significant control of Rhea Group: Mr Russell Justin Booth (25–50% of votes) and Mr Michael Gerard Toone (25–50% of votes). Before that, it was controlled by Mr Patrick Peter James Bullen-Smith.
Who runs Rhea Group?
Companies House lists 4 directors of Rhea Group: Michael Gerard Toone, Clive William Collins, Nigel Andrew Bate and Russell Justin Booth.
How long has Rhea Group been in business?
The company was formed on 18 November 2010, and has held its current FCA authorisation since April 2016.
What do Rhea Group’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £602k (+52% from £397k) and cash at bank of £1.37m (up £1.30m from £69.9k).
Does Rhea Group use any other names?
It trades as Rhea Family Finance and Rhea Professions Finance. It has previously used the name Hera Finance Ltd.

Sources and links

The full report on Rhea Group Ltd

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