The UK Financial Conduct Authority (FCA) has removed several trading names relating to Promethean Finance Limited from the Financial Services Register.

Between March 2022 and March 2023, Promethean registered several trading names which were listed on the Financial Services Register but which they either did not own or control. The third-party firms who owned or controlled these trading names were not authorised to carry out regulated activities. Promethean currently has permissions for debt counselling, debt adjusting and credit broking.

The FCA does not consider these websites to be genuine trading names of Promethean. If you have referred to these websites and used the third-party firms for debt solutions, you are highly unlikely to have access to the Financial Ombudsman Service if you want to complain.

The regulator has removed the following active trading names of Promethean from the Financial Services Register:

• www.themoneytoolbox.co.uk
• www.moneyworries.co.uk
• www.revolutionmoney.co.uk
• www.debtadviceservice.co.uk
• www.debtrelieftoday.online
• www.pennyplan.co.uk
• www.bankruptcytoday.co.uk
• www.howtogobankrupt.co.uk
• www.iva-expert.co.uk
• www.iva.mydebt-plan.co.uk
• www.debthelperteam.co.uk
• www.getoutofdebt.co.uk
• www.helpwithdebt.co.uk
• www.swiftdebthelp.co.uk
• www.ukdebtrelief.org
• www.bankruptcy-scotland.co.uk
• www.financialworries.co.uk
• www.debt-help.org
• www.advicebureau.co.uk
• www.bailiffhelpline.co.uk
• www.debt-relief.co.uk
• www.mydebt-plan.co.uk
• http://www.debtsolutions-online.co.uk
• www.advicedebt.org.uk
• www.moneyworries.net
• www.stopbailiff.co.uk
• www.ukdebtplan.co.uk
• www.moneyadvice.co.uk
• www.advicecentregroup.co.uk
• www.onlinedebtoptions.co.uk

Promethean has referred the matter to the Upper Tribunal, which will consider representations from Promethean and the FCA. The Tribunal will either dismiss Promethean’s reference or ask the FCA to reconsider its decision.

More information on this matter can be found here.