Authorised, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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
Ian James Corfield and Simon Peter Carvill-Biggs, both of FRP Advisory Trading Limited, 2nd Floor, Churchill House, 26-30 Upper Marlborough Road, St Albans, AL1 3UU, United Kingdom
In the full report: 1 background check
- Who else gives the postcode AL1 3UU
Other names (3)
If you were contacted under any of these names, it is this firm.
- Shojin Trading name: A name it trades under now.
- Shojin Property Partners Former trading name: A name it used to trade under.
- Smartlands Platform Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (5 permissions)
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Making arrangements with a view to transactions in investments
- Managing an unauthorised AIF
- Safeguarding and administration of assets (without arranging)
Limits on the record
- This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
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The Firm must not, without the prior written consent of the FCA, onboard any new clients or accept any new investment from existing clients.
Requirements 1. The Firm must not, without the prior written consent of the FCA, onboard any new clients. 2. The Firm must not, without the prior written consent of the FCA, accept any new investment from existing clients. Publication 3. The Firm consents to the Requirements being published by the FCA against the Firm’s entry on the Financial Services Register. Effective date 4. The Requirements in this application are to take effect immediately on their acceptance by the FCA and notification of such to the Firm by email (“the Effective Date”). 5. The Requirements will stay in effect unless and until varied or cancelled by the FCA (either on application of the Firm or of the FCA’s own volition). Definitions and interpretation 6. Where relevant for interpreting this application, the terms used have the same meaning as in the Glossary of the FCA Handbook. 7. “New client” means any individual or entity who was not a client of the Firm at the time the Requirement came into force. 8. “Onboard” means entering into a new business relationship with a legal or natural person under which regulated services are to be provided to that person, or to any end client. 9. The Requirements apply only to the Firm’s regulated business.
One supervisory condition set by the FCA
These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.
- Small Authorised UK AIFM (Sub-Threshold)
The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA
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
- Companies House records this company in administration, but it is still authorised on the FCA register.
- This company has insolvency history on record.
- Company number
- 09697161 (opens Companies House in a new tab)
- Company status
- Administration
- Company type
- Private limited company
- Incorporated
- 22 July 2015 (11 years old)
- Registered office
- C/O Frp Advisory Trading Limited, 2nd Floor Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Jatin Dineshrai Ondhia | Director | Jan 1975 | 22 Jul 2015 | 17 other companies |
| Noil Porter | Director | May 1972 | 8 Feb 2021 | None |
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
- 17
- closed down
- 6
- still active
- 11
In the full report: all 17 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 5 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£2.91m
+32% from £2.20m
Cash at bank
£75.0k
−26% from £102k
Employees (average)
12
+20% from 10
Owed within a year
£434k
+81% from £239k
No turnover or profit for the year to 30 June 2025: the accounts print them but do not tag them. The last tagged figures are £1.45m turnover and £210k profit, for the year to 30 June 2024.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2020 to 2025
- Both charts, over every year
- Every filed figure, year by year
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 09697161. 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
Shojin Financial Services’s history from the FCA register and Companies House, newest first.
2026
27 February 2026
- FCA imposed a requirement (The Firm must not, without the prior written consent of the FCA, onboard any new clients or accept any new investment from existing clients.)
FCA register
2021
14 June 2021
- Shojin Holdings Limited took control (75–100% of shares)
- Shojin Holdings Limiyed gave up control
Companies House
2017
7 August 2017
- Regulated by the FCA from this date
- FCA imposed a requirement (May control but not hold client money)
- FCA imposed a requirement (Small Authorised UK AIFM (Sub-Threshold))
- Became authorised by the FCA
FCA register
2016
31 July 2016
- Shojin Holdings Limiyed took control (75–100% of shares)
Companies House
2015
22 July 2015
- Incorporated at Companies House
Companies House
In the full report: all 23 events
- All 23 events in its history (9 shown here)
- Every director appointment and resignation: 8
Firms connected to Shojin Financial Services
Other FCA-listed firms that share a director, phone number or address with Shojin Financial Services. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 4
- share its postcode
- 4
In the full report: all 4 connected firms, named
- How each is linked: the same postcode (4)
- Who links each one: the named directors, with dates
Firms like Shojin Financial Services
Other firms of the same type (investment or fund manager), nearest first.
In St Albans
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 Shojin Financial Services
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 17 other companies its directors have run, named
- 1 background check on its contact details
- 5 years of accounts, charted
- All 23 events in its history
- 4 connected firms, named, and who links them
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Frequently asked questions about this firm
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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