SMH Finance LLP: FCA regulated?

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Authorised for 7 years
Your funds are protected by FSCS
No FCA actions
Active company since 2019
Accounts filed up to 31 August 2021

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.

Website

principlefinance.co.uk (opens in a new tab)
Phone number

0114 263 4432
Address

5 Westbrook Court, Sharrow Vale Road, Sheffield, South Yorkshire, S11 8YZ, United Kingdom

In the full report: 3 background checks

When principlefinance.co.uk first appeared online, and whether it can receive email
What kind of line 0114 263 4432 is
Who else gives the postcode S11 8YZ

Other names (4)

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

Principle Finance Trading name: A name it trades under now.
SMH Residential Mortgages Trading name: A name it trades under now.
SMH Residential Mortgages LLP Former name: A name it was registered under before.
Principle Mortgages Former trading name: A name it used to trade under.

FCA permissions and consumer protection

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.
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.
Advise on or arrange mortgages FSCS may apply
Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
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 (10 permissions)

Acting as a CBTL advisor
Acting as a CBTL arranger
Advising on investments (except on Pension Transfers and Pension Opt Outs)
Advising on regulated mortgage contracts
Arranging (bringing about) deals in investments
Arranging (bringing about) regulated mortgage contracts
Credit Broking
Debt-counselling
Making arrangements with a view to regulated mortgage contracts
Making arrangements with a view to transactions in investments

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: OC425865 (opens Companies House in a new tab)
Company status: Active
Company type: Limited liability partnership
Incorporated: 31 January 2019 (7 years old)
Registered office: 5 Westbrook Court, Sharrowvale Road, Sheffield, South Yorkshire, S11 8YZ, England

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
SUTTON MCGRATH HARTLEY LTD	Corporate LLP designated member	Not published	31 Jan 2019	136 other companies
ZINC BIDCO LIMITED	Corporate LLP designated member	Not published	21 Dec 2024	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: 136
closed down: 94
went insolvent: 3

In the full report: all 136 companies, named

What each company does, and whether it is still trading
Which of these 2 directors sit on each board, and since when
The 3 that went into liquidation or administration
The 2 on the FCA register
The 2 companies these 2 directors run together
All 6 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 August 2021Small company accountsNot audited

Cash at bank

£6,637

−40% from £11.0k

Employees (average)

2

+100% from 1

Owed within a year

£17.8k

+322% from £4,214

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 OC425865. Figures are exactly as filed; nothing is estimated.

Key dates in its history

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

Key events (8) All events (19)

2024

21 December 2024

Smh Management Services Limited gained 25–50% of the votes

Companies House

2021

11 January 2021

Changed its registered name from "SMH Residential Mortgages LLP"

FCA register

2019

1 July 2019

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

FCA register

31 January 2019

Incorporated at Companies House
Smh Holdings Ltd gave up control
Smh Holdings Ltd took control (75–100% of shares)
Sutton McGrath Hartley Ltd took control (75–100% of shares)

Companies House

In the full report: all 19 events

All 19 events in its history (8 shown here)
Every director appointment and resignation: 6

Firms connected to SMH Finance

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

connected firms: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: the same postcode (3)
Who links each one: the named directors, with dates

Firms like SMH Finance

Other firms of the same type (mortgage adviser or broker), nearest first.

In Sheffield

AD Finance Group LimitedSheffieldAuthorised Ant Protect LimitedSheffieldAuthorised Assess Protection and Properties LimitedSheffieldAuthorised Fast Track Financial LimitedSheffieldAuthorised Friends Capital LtdSheffieldAuthorised JK Mortgage Links LtdSheffieldAuthorised

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 SMH Finance

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

136 other companies its directors have run, named
3 background checks on its contact details
All 19 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is SMH Finance LLP FCA authorised?

Yes, SMH Finance LLP (FRN 840234) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2019 and works as a mortgage adviser or broker. The FCA has placed no limits on its permissions.

What is SMH Finance’s phone number and website?

The FCA register lists the phone number 0114 263 4432 and the website principlefinance.co.uk for SMH Finance. If you were given different contact details, use these to check with the firm before going any further.

Is SMH Finance a scam or clone?

SMH Finance 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 SMH Finance?

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 SMH Finance to the Financial Ombudsman Service, free of charge.

Who owns SMH Finance?

Companies House lists 2 people with significant control of SMH Finance: Sutton McGrath Hartley Ltd (25–50% of votes) and Smh Management Services Limited (25–50% of votes). Before that, it was controlled by Smh Holdings Ltd.

Who runs SMH Finance?

Companies House lists 2 directors of SMH Finance: Sutton McGrath Hartley Ltd and Zinc Bidco Limited.

How long has SMH Finance been in business?

The company was formed on 31 January 2019, and has held its current FCA authorisation since July 2019.

What do SMH Finance’s latest accounts show?

Its latest accounts, to 31 August 2021, show cash at bank of £6,637 (−40% from £11.0k).

Does SMH Finance use any other names?

It trades as Principle Finance and SMH Residential Mortgages. It has previously used 2 other names: SMH Residential Mortgages LLP and Principle Mortgages.