Salonica Capital Limited

Reference number: 720217

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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 salonica-group.com first appeared online, and whether it can receive email
  • What kind of line 020 7099 8888 is
  • Who else gives the postcode WC2B 5BL
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Other names (2)

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

  • Salonica Group Trading name
  • The Levant Mercantile Company Limited Former name

FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • 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 (7 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments
  • Sending dematerialised instructions

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
09811258
Company status
Active
Company type
Private limited company
Incorporated
6 October 2015 (11 years old)
Registered office
Ground Floor, 26 Great Queen Street, London, WC2B 5BL, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Wasid Raja Director Sep 1983 25 Mar 2016 None
Othman Shoukat Majid Director Aug 1987 29 Mar 2016 2 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
2
still active
2

In the full report: all 2 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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Full accountsAudited

Turnover

£441k

No earlier figure to compare

Profit before tax

£64.7k

No earlier figure to compare

Net assets

£324k

No earlier figure to compare

Cash at bank

£29.6k

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.

Accounts filed at Companies House for company 09811258. 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

Salonica Capital’s history from the FCA register and Companies House, newest first.

Key events (5) All events (11)

2016

6 April 2016

  • Othman Shoukat Majid took control (75–100% of shares)

Companies House

4 April 2016

  • Changed its registered name from "The Levant Mercantile Company Limited"

FCA register

31 March 2016

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

FCA register

2015

6 October 2015

  • 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: 4
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Firms like Salonica Capital

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

In London

Ernst & Young LLPLondonAuthorisedGallagher (Administration & Investment) LimitedLondonAuthorisedGallagher Risk & Reward LimitedLondonAuthorisedKroll Securities LtdLondonAuthorisedCambridge Mercantile Risk Management (UK) LtdLondonAuthorisedCapita Pension Solutions 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 Salonica Capital

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
  • All 11 events in its history

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Frequently asked questions about this firm

Is Salonica Capital Limited FCA authorised?
Yes, Salonica Capital Limited (FRN 720217) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2016 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Salonica Capital’s phone number and website?
The FCA register lists the phone number 020 7099 8888 and the website salonica-group.com for Salonica Capital. If you were given different contact details, use these to check with the firm before going any further.
Is Salonica Capital a scam or clone?
Salonica Capital 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 Salonica Capital?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Salonica Capital to the Financial Ombudsman Service, free of charge.
Who owns Salonica Capital?
Companies House lists one person with significant control of Salonica Capital: Othman Shoukat Majid (75–100% of shares).
Who runs Salonica Capital?
Companies House lists 2 directors of Salonica Capital: Wasid Raja and Othman Shoukat Majid.
How long has Salonica Capital been in business?
The company was formed on 6 October 2015, and has held its current FCA authorisation since March 2016.
What do Salonica Capital’s latest accounts show?
Its latest accounts, to 31 March 2025, show turnover of £441k (no earlier figure to compare) and profit before tax of £64.7k (no earlier figure to compare).
Does Salonica Capital use any other names?
It trades as Salonica Group. It has previously used the name The Levant Mercantile Company Limited.

Sources and links

The full report on Salonica Capital Limited

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