TLO Risk Services Limited: FCA regulated?

Authorised by the FCA

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

Authorised for 10 years
Your funds are protected by FSCS
No FCA actions
Active company since 2015
Accounts filed up to 29 February 2024

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

tlorisk.com (opens in a new tab)
Phone number

020 7183 4925
Address

40 St. James's Place, London, SW1A 1NS, United Kingdom

In the full report: 3 background checks

When tlorisk.com first appeared online, and whether it can receive email
What kind of line 020 7183 4925 is
Who else gives the postcode SW1A 1NS

Other names (1)

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

TLO Risk Services www.barristersindemnity.co.uk Trading name: A name it trades under now.

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.
Sell or arrange insurance FSCS may apply
Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
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 (6 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Arranging (bringing about) deals in investments
Assisting in the administration and performance of a contract of insurance
Credit Broking
Dealing in investments as agent
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: 09467441 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 3 March 2015 (11 years old)
Registered office: 40 St James's Place, London, SW1A 1NS, England
Nature of business: Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Vernon Edmund Christopher Taylor	Director	Jun 1965	3 Mar 2015	4 other companies
Duncan Hanson Goodfellow	Director	Jan 1979	3 Mar 2015	2 other companies
Michael Patrick Silcock	Director	Feb 1964	1 May 2018	2 other companies
Joseph James Hanly	Director	Jul 1971	27 Jul 2023	86 other companies
Lee David Anderson	Director	Jan 1972	12 Jan 2024	67 other companies
Warren Downey	Director	Sep 1971	12 Jan 2024	70 other companies

Other companies run by these 6 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: 105
closed down: 22
are FCA-registered: 33

In the full report: all 105 companies, named

What each company does, and whether it is still trading
Which of these 6 directors sit on each board, and since when
Any that went into liquidation or administration
The 33 on the FCA register, including 5 no longer authorised
The 70 companies these 6 directors run together
All 9 people who have ever been directors, with their dates

Filed accounts and finances

Year to 29 February 2024Small company accountsNot audited

Net assets

£2.55m

+88% from £1.36m

Cash at bank

£102k

−92% from £1.35m

Employees (average)

4

−56% from 9

Owed within a year

£72.6k

−79% from £344k

Assets and liabilities

In the full report: all 5 years of accounts

Every year from 2020 to 2024
The chart, 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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 09467441. 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

TLO Risk Services’s history from the FCA register and Companies House, newest first.

Key events (4) All events (19)

2016

6 April 2016

Tlo Holdings Limited took control (75–100% of shares)

Companies House

2015

11 December 2015

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

FCA register

3 March 2015

Incorporated at Companies House

Companies House

In the full report: all 19 events

All 19 events in its history (4 shown here)
Every director appointment and resignation: 12

Firms connected to TLO Risk Services

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

connected firms: 3
share its postcode: 3
past links: 2

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
2 past links through former directors

Firms like TLO Risk Services

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

In London

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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 TLO Risk Services

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

105 other companies its directors have run, named
3 background checks on its contact details
5 years of accounts, charted
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 TLO Risk Services Limited FCA authorised?

Yes, TLO Risk Services Limited (FRN 706586) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2015 and works as an insurance broker. The FCA has placed no limits on its permissions.

What is TLO Risk Services’ phone number and website?

The FCA register lists the phone number 020 7183 4925 and the website tlorisk.com for TLO Risk Services. If you were given different contact details, use these to check with the firm before going any further.

Is TLO Risk Services a scam or clone?

TLO Risk Services 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 TLO Risk Services?

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 TLO Risk Services to the Financial Ombudsman Service, free of charge.

Who owns TLO Risk Services?

TLO Risk Services is owned by Tlo Holdings Limited, which holds 75–100% of shares, since 6 April 2016.

Who runs TLO Risk Services?

Companies House lists 6 directors of TLO Risk Services: Vernon Edmund Christopher Taylor, Duncan Hanson Goodfellow, Michael Patrick Silcock, Joseph James Hanly, Lee David Anderson and Warren Downey.

How long has TLO Risk Services been in business?

The company was formed on 3 March 2015, and has held its current FCA authorisation since December 2015.

What do TLO Risk Services’ latest accounts show?

Its latest accounts, to 29 February 2024, show net assets of £2.55m (+88% from £1.36m) and cash at bank of £102k (−92% from £1.35m).

Does TLO Risk Services use any other names?

It trades as TLO Risk Services www.barristersindemnity.co.uk.