Payless 4 Business Lending Ltd

Reference number: 761138

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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
  • Drake Business Funding
  • Drake Funding

Company details

From the company's Companies House record.

Company number
06303325
Company status
Active
Company type
Private limited company
Incorporated
5 July 2007 (19 years old)
Registered office
22 Lion Road, Bognor Regis, PO21 3JZ, England
Nature of business
  • Other information service activities not elsewhere classified (SIC 63990)
  • Other business support service activities not elsewhere classified (SIC 82990)

Current directors and secretaries

Name Role Born Appointed
Richard John Drake Director Jan 1967 5 Jul 2007
Moira Drake Secretary Not published 12 Sep 2016

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (3 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling

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

Track record

FCA actions and complaints

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

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Payless 4 Bank Charges Limited

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Common questions

Frequently asked questions

Is Payless 4 Business Lending Ltd FCA authorised?
Yes, Payless 4 Business Lending Ltd (FRN 761138) is authorised by the FCA to carry out regulated activities.
Is my money safe with Payless 4 Business Lending?
Protection depends on which product you hold and how Payless 4 Business Lending handles your money, so check the specific product before you commit. You can also refer complaints about Payless 4 Business Lending to the Financial Ombudsman Service, free of charge.
Is Payless 4 Business Lending a scam or clone?
Payless 4 Business Lending 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 Payless 4 Business Lending's Firm Reference Number (FRN)?
Payless 4 Business Lending's FRN is 761138. You can verify it on the FCA register.