Oracle Consultants Ltd

Reference number: 618258

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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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Verified address

    Dane O’Hara, Leonard Curtis, 5th Floor, Grove House, 248a Marylebone Road, London, NW1 6BB, United Kingdom

Also trades as
  • Incisive Dental
  • Incisive Wealth
  • Incisive Wealth Management

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
08861128
Company status
Liquidation
Company type
Private limited company
Incorporated
24 January 2014 (12 years old)
Registered office
5th Floor Grove House, 248a Marylebone Road, London, NW1 6BB
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

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 (12 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

Limits on the record

  • Requirement 1
    1.1 The Firm must not carry on any regulated activity or ancillary activity unless the FCA has given prior written consent. 1.2 Within [ consider reasonable period ] the Firm must contact in writing (including by email, if appropriate): - all customers for whom it was in the process of carrying on regulated activities; and - any person it was dealing with on behalf of a customer, informing them that it cannot continue to undertake regulated activities until further notice, and referring them to the Firm’s entry on the Financial Services Register for more information. 1.3 Any monies received from customers after the date these requirements are imposed must be returned within 5 day, unless they relate to transactions that are fully concluded. 1.4 In this requirement: “ancillary activity” means an activity which is not a regulated activity but which is: (a) carried on in connection with a regulated activity; or (b) held out as being for the purposes of a regulated activity; “regulated activity” means any activity for which it has a permission under Part 4A of the Act. Effective 11/11/2020
  • Requirement 2
    2.1 Except as provided for in paragraph 2.2, the Firm must not dispose of or deal with any of its assets (including by withdrawing or transferring) without the FCA’s prior written consent. 2.2 This requirement does not prohibit the Firm from using its assets to pay: (a) ongoing running costs, such as utility bills and employee salaries, or (b) legal or other professional fees to third parties. For the avoidance of doubt, Requirement 2 is an asset requirement pursuant to section 55P(4) of the Act. Effective 11/11/2020
  • Requirement 3
    3.1 If the Firm’s professional indemnity insurance coverage is withdrawn or reduced, or the Firm has reason to believe it may be withdrawn or reduced, it must notify the FCA in writing immediately. Effective 11/11/2020

Track record

FCA actions and complaints

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

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Common questions

Frequently asked questions

Is Oracle Consultants Ltd FCA authorised?
Yes, Oracle Consultants Ltd (FRN 618258) 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 Oracle Consultants?
Oracle Consultants 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 Oracle Consultants a scam or clone?
Oracle Consultants 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 Oracle Consultants's Firm Reference Number (FRN)?
Oracle Consultants's FRN is 618258. You can verify it on the FCA register.