Union Income Ltd: FCA regulated?

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.

Appointed for 17 years
Protected through the principal
No FCA actions
Active company since 2008
Accounts filed up to 31 December 2025
On its latest accounts it owed £63.0k more than it owned

Responsible principal firm

Union Income Benefit Holdings Limited Reference number: 307575 Authorised View firm →

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.
Union Income Ltd (FRN 493778) is an AR of Union Income Benefit Holdings Limited (FRN 307575). When you use Union Income's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Union Income, 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.

Website

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

020 7428 7203
Address

Unit C, Linton House, 39-51 Highgate Road, London, NW5 1RT, United Kingdom

In the full report: 3 background checks

When unionincome.co.uk first appeared online, and whether it can receive email
What kind of line 020 7428 7203 is
Who else gives the postcode NW5 1RT

Other names (10)

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

ATL Prepaid Plus Trading name: A name it trades under now.
ATL Rewards Trading name: A name it trades under now.
RMT Prepaid Plus Trading name: A name it trades under now.
RMT Rewards Trading name: A name it trades under now.
Union Prepaid Plus Trading name: A name it trades under now.
Union Rewards Trading name: A name it trades under now.
Unison Prepaid Plus Trading name: A name it trades under now.
Unison Rewards Trading name: A name it trades under now.
Unite Prepaid Plus Trading name: A name it trades under now.
Unite Rewards Trading name: A name it trades under now.

FCA permissions and consumer protection

Protection through the principal firm
Protection works through Union Income Benefit Holdings 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 name: UNION INCOME LIMITED
Company number: 06595562 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 16 May 2008 (18 years old)
Registered office: 14th Floor 33 Cavendish Square, London, W1G 0PW, United Kingdom
Nature of business: Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Pat Hayes	Director	Apr 1968	17 Dec 2025	None
Paul Edward Thilo	Director	Jun 1968	17 Dec 2025	16 other companies
Catherine Elizabeth Baxandall	Secretary	Not published	1 Jan 2026	–

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: 16
closed down: 3
went insolvent: 1

In the full report: all 16 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 one that went into liquidation or administration
The 4 on the FCA register
All 12 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 December 2025Full accountsAudited

Turnover

£293k

−6.5% from £314k

Profit before tax

−£514k

Down £139k from −£375k

Net assets

−£63.0k

−120% from £322k

Cash at bank

£48.4k

+163% from £18.4k

Net assets are negative: on its last balance sheet the company owed £63.0k more than it owned.

Turnover and profit

In the full report: all 7 years of accounts

Every year from 2019 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 06595562. 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

Union Income’s history from the FCA register and Companies House, newest first.

Key events (3) All events (36)

2016

6 April 2016

Embignell Limited took control (75–100% of shares)

Companies House

2008

30 December 2008

Became an appointed representative

FCA register

16 May 2008

Incorporated at Companies House

Companies House

In the full report: all 36 events

All 36 events in its history (3 shown here)
Every director appointment and resignation: 22

Firms connected to Union Income

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

connected firms: 5
share a director: 2
share its postcode: 3

In the full report: all 5 connected firms, named

How each is linked: shared directors (2), the same postcode (3)
Who links each one: the named directors, with dates
2 past links through former directors

Firms like Union Income

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 Union Income

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
3 background checks on its contact details
7 years of accounts, charted
All 36 events in its history
5 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Union Income Ltd FCA authorised?

Union Income Ltd (FRN 493778) 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 Union Income?

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. Union Income Ltd (FRN 493778) is an AR of Union Income Benefit Holdings Limited (FRN 307575). When you use Union Income's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Union Income, 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 Union Income’s phone number and website?

The FCA register lists the phone number 020 7428 7203 and the website unionincome.co.uk for Union Income. If you were given different contact details, use these to check with the firm before going any further.

Is Union Income a scam or clone?

Union Income 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 Union Income?

Protection works through Union Income Benefit Holdings Limited, the principal firm responsible for Union Income's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Union Income?

Union Income is owned by Embignell Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.

Who runs Union Income?

Companies House lists 2 directors of Union Income: Pat Hayes and Paul Edward Thilo.

How long has Union Income been in business?

The company was formed on 16 May 2008.

What do Union Income’s latest accounts show?

Its latest accounts, to 31 December 2025, show turnover of £293k (−6.5% from £314k) and profit before tax of −£514k (down £139k from −£375k).

Does Union Income use any other names?

It trades as ATL Prepaid Plus, ATL Rewards, RMT Prepaid Plus, RMT Rewards and Union Prepaid Plus, and 5 more names.