Business Loan Network Limited

Reference number: 724062

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
07248014
Company status
Liquidation
Company type
Private limited company
Incorporated
10 May 2010 (16 years old)
Registered office
The Shard, 32 London Bridge Street, London, SE1 9SG
Nature of business
  • Administration of financial markets (SIC 66110)

Current directors and secretaries

Name Role Born Appointed
Kevin David Caley Director Apr 1951 10 May 2010
Peter Brown Director May 1951 11 Jun 2010
Quentin Baer Director Sep 1948 8 Dec 2015

Check on the FCA register → Report a scam →

Activities and protection

What the record covers, and how you are protected

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (1 permission)
  • Operating an electronic system in relation to lending

Limits on the record

  • Closed to new lending business for retail customers
    (Effective from 09/12/2019) Under Section 55L of FSMA, the following requirements are included in the Firm’s permission so that the firm must: Not undertake any new lending business for retail customers, close the secondary market so that retail customers cannot buy or sell existing agreements, and, continue to facilitate the repayment of capital and interest from borrowers until all funds have been repaid or recovery action has been completed.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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
  • ThinCats

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Common questions

Frequently asked questions

Is Business Loan Network Limited FCA authorised?
Yes, Business Loan Network Limited (FRN 724062) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm.
Is my money safe with Business Loan Network?
Business Loan Network is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Is Business Loan Network a scam or clone?
Business Loan Network 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 Business Loan Network's Firm Reference Number (FRN)?
Business Loan Network's FRN is 724062. You can verify it on the FCA register.