Accendo Markets Limited

Reference number: 475285

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Authorised by the FCA

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

Identity

Check their details

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.

Also trades as
  • Accendo

Company details

From the company's Companies House record.

Company number
06417051
Company status
Active
Company type
Private limited company
Incorporated
2 November 2007 (18 years old)
Registered office
Highstone House, 165 High Street, Barnet, Herts, EN5 5SU, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Gregory Paul White Director Dec 1981 2 Nov 2007
Charles Nicholas Menegatos Director Oct 1982 3 Dec 2007
Shahed Umar-Latif Zaman Director Mar 1981 3 Dec 2007
Gregory Paul White Secretary Not published 3 Dec 2007

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • 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.

    Check your FSCS cover →

Show FCA detail (5 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them

1 fine in 2012, £56,000 in total. This is part of the official register record and is worth reviewing before going ahead.

  • Fined £56,000 on 12 June 2012
    On 29 March 2012 the FSA imposed a financial penalty of £56,000 on Accendo Markets Limited. Accendo agreed to settle at an early stage and qualified for a 20% (stage 2) discount under the FSA's executive settlement procedures. Were it not for this discount, the FSA would have imposed a financial penalty of £70,000. Accendo breached Principles 3 and 9 of the FSA's Principles for Businesses through failing to put in place a robust compliance monitoring programme and failing to gather and record sufficient customer information prior to advising on transactions.

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • Accendo Wealth Management

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Common questions

Frequently asked questions

Is Accendo Markets Limited FCA authorised?
Yes, Accendo Markets Limited (FRN 475285) is authorised by the FCA to carry out regulated activities.
Is my money safe with Accendo Markets?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Accendo Markets to the Financial Ombudsman Service, free of charge.
Is Accendo Markets a scam or clone?
Accendo Markets is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Accendo Markets's Firm Reference Number (FRN)?
Accendo Markets's FRN is 475285. You can verify it on the FCA register.