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 1 year
- Protected through the principal
- No FCA actions
- Active company since 2025
- Accounts are overdue at Companies House
Responsible principal firm
Kroll Securities Ltd Reference number: 466588 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.
- Xtellus Capital Limited (FRN 1042879) is an AR of Kroll Securities Ltd (FRN 466588). When you use Xtellus Capital's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Xtellus Capital, 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.
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No website on the FCA register
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Phone number
-
Address
2 New Bailey, 6 Stanley Street, Salford, M3 5GS, United Kingdom
In the full report: 2 background checks
- What kind of line +1 646 527 6310 is
- Who else gives the postcode M3 5GS
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Kroll Securities Ltd, 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, freeYou 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.
Concerns on the company record
- Accounts are overdue at Companies House.
- Company number
- 16348778 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 27 March 2025 (1 year old)
- Registered office
- 2 New Bailey, 6 Stanley Street, Salford, Greater Manchester, M3 5GS, United Kingdom
- Nature of business
-
- Other service activities not elsewhere classified (SIC 96090)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Stephen Zak | Director | Aug 1966 | 27 Mar 2025 | None |
| Waqas Fehmi | Director | Aug 1975 | 1 Jul 2025 | None |
In the full report: every company its directors have run
- Confirmation that these 2 directors run no other company
Key dates in its history
Xtellus Capital’s history from the FCA register and Companies House, newest first.
2025
10 October 2025
- Became an appointed representative
FCA register
1 July 2025
- Waqas Fehmi appointed as a director
Companies House
27 March 2025
- Incorporated at Companies House
- Stephen Zak appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms connected to Xtellus Capital
Other FCA-listed firms that share a director, phone number or address with Xtellus Capital. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- share its postcode
- 1
In the full report: the connected firm, named
- How it is linked: the same postcode (1)
- Who links it to this firm: the named directors, with dates
Firms like Xtellus Capital
Other firms of the same type (financial adviser), nearest first.
In Salford
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 Xtellus Capital
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- Every company its directors have run, named
- 2 background checks on its contact details
- All 4 events in its history
- 1 connected firm, 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
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk