PEAC Business Finance Limited

Reference number: 951709

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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
  • PEAC Finance
  • PEAC Solutions

Company details

From the company's Companies House record.

Company number
00898129
Company status
Active
Company type
Private limited company
Incorporated
14 February 1967 (59 years old)
Registered office
Inspired, Easthampstead Road, Bracknell, RG12 1YQ, England
Nature of business
  • Financial leasing (SIC 64910)
  • Activities of head offices (SIC 70100)

Current directors and secretaries

Name Role Born Appointed
Stephen Geoffrey Bolton Director Feb 1962 1 Apr 2014
David Charles Hawkins Director May 1967 21 May 2014
Justin Staadecker Director Jun 1968 30 Jun 2021
Andrew John Bromfield Director Jul 1988 30 Jun 2021
Jonathan Ashley Director Feb 1966 30 Jun 2021
Anthony Hartis Director Oct 1976 11 May 2022
Benjamin Sze Ern Lim Director Jul 1992 20 Dec 2024
Robert Daniel Stavely Secretary Not published 1 Feb 2024

Activities and protection

What the record covers, and how you are protected

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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.

  • BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

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Common questions

Frequently asked questions

Is PEAC Business Finance Limited FCA authorised?
PEAC Business Finance Limited (FRN 951709) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
Is my money safe with PEAC Business Finance?
Money you hand to PEAC Business Finance is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Is PEAC Business Finance a scam or clone?
PEAC Business Finance is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
What is PEAC Business Finance's Firm Reference Number (FRN)?
PEAC Business Finance's FRN is 951709. You can verify it on the FCA register.