SHOJIN FINANCIAL SERVICES LIMITED

Reference number: 716765

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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

    Ian James Corfield and Simon Peter Carvill-Biggs, both of FRP Advisory Trading Limited, 2nd Floor, Churchill House, 26-30 Upper Marlborough Road, St Albans, AL1 3UU, United Kingdom

Also trades as
  • Shojin

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company in administration, but it is still authorised on the FCA register.
  • This company has insolvency history on record.
Company number
09697161
Company status
Administration
Company type
Private limited company
Incorporated
22 July 2015 (11 years old)
Registered office
C/O Frp Advisory Trading Limited, 2nd Floor Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Jatin Dineshrai Ondhia Director Jan 1975 22 Jul 2015
Noil Porter Director May 1972 8 Feb 2021

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 (5 permissions)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Making arrangements with a view to transactions in investments
  • Managing an unauthorised AIF
  • Safeguarding and administration of assets (without arranging)

Limits on the record

  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
  • The Firm must not, without the prior written consent of the FCA, onboard any new clients or accept any new investment from existing clients.
    Requirements 1. The Firm must not, without the prior written consent of the FCA, onboard any new clients. 2. The Firm must not, without the prior written consent of the FCA, accept any new investment from existing clients. Publication 3. The Firm consents to the Requirements being published by the FCA against the Firm’s entry on the Financial Services Register. Effective date 4. The Requirements in this application are to take effect immediately on their acceptance by the FCA and notification of such to the Firm by email (“the Effective Date”). 5. The Requirements will stay in effect unless and until varied or cancelled by the FCA (either on application of the Firm or of the FCA’s own volition). Definitions and interpretation 6. Where relevant for interpreting this application, the terms used have the same meaning as in the Glossary of the FCA Handbook. 7. “New client” means any individual or entity who was not a client of the Firm at the time the Requirement came into force. 8. “Onboard” means entering into a new business relationship with a legal or natural person under which regulated services are to be provided to that person, or to any end client. 9. The Requirements apply only to the Firm’s regulated business.
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • Small Authorised UK AIFM (Sub-Threshold)
    The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA

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 2 trading names. 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 names
  • Shojin Property Partners
  • Smartlands Platform

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Common questions

Frequently asked questions

Is SHOJIN FINANCIAL SERVICES LIMITED FCA authorised?
Yes, SHOJIN FINANCIAL SERVICES LIMITED (FRN 716765) 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 SHOJIN FINANCIAL SERVICES?
SHOJIN FINANCIAL SERVICES 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 SHOJIN FINANCIAL SERVICES a scam or clone?
SHOJIN FINANCIAL SERVICES 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 SHOJIN FINANCIAL SERVICES's Firm Reference Number (FRN)?
SHOJIN FINANCIAL SERVICES's FRN is 716765. You can verify it on the FCA register.