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.
- Registered for 10 years
- No FCA actions
- Active company since 2016
- Accounts filed up to 31 December 2023
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.
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No website on the FCA register
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No phone number on the FCA register
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Address
88 Kingsway, London, WC2B 6AA, United Kingdom
In the full report: 1 background check
- Who else gives the postcode WC2B 6AA
Other names (2)
If you were contacted under any of these names, it is this firm.
- Satago Trading name: A name it trades under now.
- Clear Funding Financial Services Ltd Former name: A name it was registered under before.
Past FCA permissions and consumer protection
- Money-laundering registration onlyThis 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
- 09998904 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 10 February 2016 (10 years old)
- Registered office
- 88 Kingsway, London, WC2B 6AA, England
- Nature of business
-
- Business and domestic software development (SIC 62012)
- Data processing, hosting and related activities (SIC 63110)
- Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Sinead Marie Mchale | Director | Oct 1978 | 15 Feb 2017 | 5 other companies |
| James Gereard Van Den Bergh | Director | Feb 1978 | 2 Jun 2017 | 12 other companies |
| Robert James Behardien Mills | Director | Aug 1984 | 26 Feb 2018 | 2 other companies |
| James Hussey | Director | Nov 1972 | 7 Jun 2019 | 1 other company |
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
- 16
- closed down
- 4
- is FCA-registered
- 1
In the full report: all 16 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 one on the FCA register
- The 3 companies these 4 directors run together
- All 9 people who have ever been directors, with their dates
Filed accounts and finances
Turnover
£2.57m
No earlier figure to compare
Profit before tax
−£3.84m
No earlier figure to compare
Net assets
£6.68m
No earlier figure to compare
Cash at bank
£913k
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 09998904. 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
Satago Financial Solutions’s history from the FCA register and Companies House, newest first.
2018
21 February 2018
- Arrowgrass Capital Partners LLP no longer has significant control
- Trufin PLC gave up control
- Trufin PLC took control (75–100% of shares)
Companies House
2017
7 September 2017
- Changed its registered name from "Clear Funding Financial Services Ltd"
FCA register
2016
20 April 2016
- Registered with the FCA
FCA register
6 April 2016
- Arrowgrass Capital Partners LLP gained significant control
- Trufin PLC gained significant control
Companies House
10 February 2016
- Incorporated at Companies House
Companies House
In the full report: all 23 events
- All 23 events in its history (8 shown here)
- Every director appointment and resignation: 14
Firms connected to Satago Financial Solutions
Other FCA-listed firms that share a director, phone number or address with Satago Financial Solutions. 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
Get the full report on Satago Financial Solutions
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 16 other companies its directors have run, named
- 1 background check on its contact details
- All 23 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
Is Satago Financial Solutions Limited FCA authorised?
Is Satago Financial Solutions a scam or clone?
Is my money safe with Satago Financial Solutions?
Who owns Satago Financial Solutions?
Who runs Satago Financial Solutions?
How long has Satago Financial Solutions been in business?
What do Satago Financial Solutions’ latest accounts show?
Does Satago Financial Solutions use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk