Article ID: 314007def6a8209be4862cc24fc18a0f4d56a13a1894a9448867b399f25ffa3e
Source ID: regulatory:fca.org.uk
Published At: -
Extraction Method: trafilatura
URL: https://www.fca.org.uk/news/news-stories/fca-orders-beauforce-return-client-money
Body Text
We have restricted Beauforce Corporation Limited from carrying out any regulated activities. This means it cannot provide regulated debt advice or debt management services to consumers. We have also ordered the firm to return money held in its bank accounts to its clients. We’ve taken this action following concerns about the suitability of the firm’s senior management and its conduct in dealing with us. Key concerns We found a number of areas of concern about Beauforce Corporation Limited's operations, including: - Senior Manager suitability – the firm’s senior manager, Mr Duckett, is currently disqualified from being involved in running a company for 10 years. - Failure to disclose information – the firm failed to notify us of Mr Duckett’s disqualification and did not supply key pieces of information relating to its debt management activities or client money controls when asked. In May 2025, we also issued Beauforce Corporation Limited with a Decision Notice seeking to cancel the firm’s permissions entirely. This matter has been referred to the Upper Tribunal by the firm. Advice for affected consumers Consumers who currently have a debt management plan arranged with the firm should stop payments and seek alternative support, as payments to creditors may not be made. You can find free debt advice services by visiting the MoneyHelper website. If you have any concerns about payments already made to the firm, please contact Beauforce Corporation Limited directly.
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