The UK Financial Conduct Authority (FCA) has restricted Beauforce Corporation Limited from carrying out any regulated activities.

This means the firm cannot provide regulated debt advice or debt management services to consumers.

The regulator has also ordered the firm to return money held in its bank accounts to its clients.

The FCA has taken this action following concerns about the suitability of the firm’s senior management and its conduct in dealing with the Authority.

The regulator 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 the FCA 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, the FCA 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.

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.