The FCA has cancelled the Half 4A permissions of Liverpool-based claims administration firm MJL Focus Advertising (FRN 837145) after concluding that it was not a “a match and correct particular person.”
MJLFM was registered with the FCA on 1 April 2019 and authorised by the Authority on 25 June 2020 to conduct regulated claims administration actions.
Nonetheless, quickly after authorisation a member of the general public complained that the agency was unattainable to contact and regardless of a number of conversations with the FCA the agency did not publish new contact particulars.
In a remaining discover printed this week the FCA mentioned: “Particularly, MJLFM has did not be open and co-operative in all its dealings with the Authority, and because of this, the Authority just isn’t happy that MJLFM’s enterprise is being, or will probably be, managed in such a approach as to make sure that its affairs will probably be carried out in a sound and prudent method.”
The FCA was notified by a client in September 2020 that the agency couldn’t be contacted by phone, web site or put up.
Consequently the regulator informed MJLFM by e-mail to replace its agency particulars attestation (FDA). It mentioned the matter with the agency six occasions by cellphone over the subsequent three months however it nonetheless did not act.
The FCA tried to contact the agency a number of occasions once more over the six months between December 2020 and July 2021 however was unsuccessful. Ultimately letters despatched to its registered tackle in December 2021 have been returned marked ‘now not at this tackle.’
At that time the regulator concluded the agency, “had did not co-operate with the Authority.” It revoked its permissions on 26 February.
In response to Firms Home data the enterprise was included in 2014 with Michael Joseph Lunt its director. Mr Lunt was additionally a director of 9 different Liverpool companies, three of which at the moment are dissolved however shared the identical tackle as MJL Focus Advertising. They have been GW Occasion Administration, JPM Waste Administration and Platinum Social gathering Administration.
In response to the official data, Mr Lunt stays an lively director of MJLFM together with an organization referred to as Inexperienced Wolf Leisure. Different corporations he was a director of however that at the moment are dissolved included GT Regulation Walton Vale, Irwin Lunt, Inexperienced Wolf Promotions, UK Flight Delay Restoration, GW Occasion Mangement [sic] and GW Digital.
