Thanks Ben Ltd

Reference number: 967453

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Thanks Ben Ltd (FRN 967453) is an AR of Cyclescheme Limited (FRN 742049). When you use Thanks Ben's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Thanks Ben, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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 thanksben.com first appeared online, and whether it can receive email
  • What kind of line 020 4538 1407 is
  • Who else gives the postcode EC2V 6DN
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Other names (2)

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

  • Ben Trading name: A name it trades under now.
  • Thanks Ben Limited Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Cyclescheme Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

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 status
Active
Company type
Private limited company
Incorporated
27 November 2019 (6 years old)
Registered office
9th Floor 107 Cheapside, London, EC2V 6DN, United Kingdom
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
David Duckworth Director Jul 1987 27 Nov 2019 None
Sebastian Simon Vincent Fallert (Dr) Director Sep 1980 27 Nov 2019 1 other company
Alexandr Vidiborschii Director May 1989 13 Feb 2023 2 other companies
MERCIA FUND MANAGEMENT (NOMINEES) LIMITED Corporate director Not published 4 Nov 2025 173 other companies
OHS SECRETARIES LIMITED Corporate secretary Not published 31 Jul 2022 –

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
176
closed down
37
went insolvent
11

In the full report: all 176 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • The 11 that went into liquidation or administration
  • The 4 on the FCA register, including one no longer authorised
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Filed accounts and finances

Year to 31 December 2025Group accountsAudited

Turnover

£5.18m

+39% from £3.73m

Profit before tax

−£8.52m

Up £1.33m from −£9.85m

Net assets

£7.57m

No earlier figure to compare

Cash at bank

£10.1m

No earlier figure to compare

Turnover and profit

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • Both charts, 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.

Figures from the year to 31 December 2024 are for the group: the company and the businesses it owns. Earlier years are the company’s own accounts, from before it had a group.

The figures for the year to 31 December 2025 were read from the printed accounts, because the filing does not tag them in a form that can be read automatically. They were checked against the accounts’ own totals.

Accounts filed at Companies House for company 12335851. 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

Thanks Ben’s history from the FCA register and Companies House, newest first.

2025

12 February 2025

  • Changed its registered name from "Thanks Ben Limited"

FCA register

2022

28 June 2022

  • David Duckworth stopped being a part-owner
  • Sebastian Simon Vincent Fallert stopped being a part-owner

Companies House

13 January 2022

  • Became an appointed representative

FCA register

2019

27 November 2019

  • Incorporated at Companies House
  • David Duckworth became a part-owner (25–50% of shares)
  • Sebastian Simon Vincent Fallert became a part-owner (25–50% of shares)

Companies House

In the full report: all 13 events

  • All 13 events in its history (7 shown here)
  • Every director appointment and resignation: 3
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Firms like Thanks Ben

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

In London

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 Thanks Ben

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

  • 176 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 13 events in its history

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Frequently asked questions about this firm

Is Thanks Ben Ltd FCA authorised?
Thanks Ben Ltd (FRN 967453) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Thanks Ben?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Thanks Ben Ltd (FRN 967453) is an AR of Cyclescheme Limited (FRN 742049). When you use Thanks Ben's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Thanks Ben, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Thanks Ben’s phone number and website?
The FCA register lists the phone number 020 4538 1407 and the website thanksben.com for Thanks Ben. If you were given different contact details, use these to check with the firm before going any further.
Is Thanks Ben a scam or clone?
Thanks Ben 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 Thanks Ben?
Protection works through Cyclescheme Limited, the principal firm responsible for Thanks Ben's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Thanks Ben?
Companies House lists no one with significant control of Thanks Ben now. Before that, it was controlled by Mr David Duckworth and Dr Sebastian Simon Vincent Fallert.
Who runs Thanks Ben?
Companies House lists 4 directors of Thanks Ben: David Duckworth, Sebastian Simon Vincent Fallert (Dr), Alexandr Vidiborschii and Mercia Fund Management (Nominees) Limited.
How long has Thanks Ben been in business?
The company was formed on 27 November 2019.
What do Thanks Ben’s latest accounts show?
Its latest accounts, to 31 December 2025, show turnover of £5.18m (+39% from £3.73m) and profit before tax of −£8.52m (up £1.33m from −£9.85m).
Does Thanks Ben use any other names?
It trades as Ben. It has previously used the name Thanks Ben Limited.

Sources and links

The full report on Thanks Ben Ltd

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