FCA Restricts Beauforce Corporation and Orders Return of Client Funds

The UK Financial Conduct Authority (FCA) has imposed restrictions on Beauforce Corporation Limited, barring the firm from conducting any regulated activities and instructing it to return all client funds held in its bank accounts. Under the restrictions, Beauforce Corporation Limited is prohibited from providing regulated debt advice or debt management services to consumers. The FCA took action after identifying significant issues regarding the suitability of the firm's senior management and its failure to cooperate transparently with the regulator. According to the watchdog, a primary concern involves a senior manager at the firm, Mr Duckett, who is currently disqualified from being involved in running a company for 10 years. Beauforce Corporation failed to notify the FCA of this disqualification. Furthermore, the company failed to provide requested essential information concerning its debt management activities and client money controls. The regulator noted that in May 2025, it had previously issued a Decision Notice seeking the complete cancellation of the firm's regulatory permissions. Beauforce Corporation has referred that decision to the Upper Tribunal. The FCA has advised consumers who have active debt management plans with Beauforce Corporation to halt their payments and seek alternative support, warning that payments may not reach creditors. Affected individuals are advised to seek free guidance through services such as MoneyHelper or contact the firm directly regarding funds already paid.