Wed. Oct 28th, 2026

FP Markets UK service entity moves toward dissolution

ByJohan Shamshad

October 28, 2026 #FP Markets
Forex

FP Markets Services Limited, a UK-registered company linked to the international forex and CFD brokerage group, has entered the formal process for voluntary dissolution after Companies House published its first Gazette notice for strike-off on October 27, 2026.

The development follows a series of corporate filings over two weeks, including the departure of a director and an application to remove the company from the UK register. Its latest financial statements also reveal a remarkably small operation, with just £1 in net assets, no reported annual profit and two employees.

The proposed closure concerns FP Markets Services Limited, company number 11707645, rather than the wider FP Markets brokerage group. There is no evidence in the filings that the group’s internationally regulated trading businesses are closing or that customer accounts are being transferred.

FP Markets UK entity files for voluntary strike-off

According to the company’s official Companies House filing history, the latest corporate developments occurred in three stages.

On October 13, the company recorded the termination of Henrietta Charlotte Allison’s appointment as a director. A week later, on October 20, it filed a DS01 application requesting voluntary strike-off. Companies House subsequently published the first Gazette notice on October 27, formally initiating the public notification stage of the proposed dissolution.

The sequence suggests an organized corporate closure rather than an immediate intervention by a regulator or a compulsory insolvency proceeding. However, the filings do not explain management’s commercial reasons for winding down the entity.

Under the UK’s voluntary strike-off procedure, a company may apply to be removed from the register when it meets specified eligibility requirements. The first Gazette notice allows creditors and other interested parties to raise objections before dissolution proceeds.

For a standard voluntary strike-off, dissolution cannot ordinarily occur until at least two months after the notice is published. A second Gazette notice confirms when the company has legally ceased to exist.

FP Markets Services Limited therefore remains a registered company while the procedure is pending. Its current Companies House status is active, despite the published intention to dissolve it.

The business was incorporated on December 3, 2018, and maintains a registered address at Bank Chambers, Canterbury Road, Lyminge, Kent. Its registered business classification is management consultancy activities other than financial management, rather than the direct provision of forex or CFD brokerage services.

Craig McKinlay Allison remains listed as a director. Another former director, Emma Merilyn Arkenau, resigned in February 2026.

Latest accounts show £1 net assets and two employees

The company’s latest financial statements, filed on September 25, 2026, cover the financial year ending December 31, 2025. They provide additional context for the proposed dissolution.

FP Markets Services Limited reported net assets of just £1, unchanged from the previous financial year. It also recorded zero profit and employed an average of two people, compared with three in 2024.

Cash at bank stood at £23,995, up from £20,689 a year earlier. Current liabilities amounted to £23,994, while trade creditors were approximately £20,911.

Payroll costs declined to £139,939 from £191,763 in 2024, a reduction of approximately 27%. The decrease accompanied the reduction in average employee numbers.

These figures point to a limited UK corporate operation rather than a substantial standalone brokerage business. They do not, however, establish the company’s revenue because turnover was not separately disclosed in the abbreviated financial information.

The £1 net asset position should also be interpreted carefully. It reflects the difference between recorded assets and liabilities, not necessarily a company’s annual operating expenses, transaction volumes or economic importance to related businesses.

The accounts were prepared under small-company reporting provisions and were unaudited. They do not disclose enough information to determine whether the UK company provided administrative, commercial or other internal services to particular FP Markets group entities.

Another UK financial-markets business has recently taken a similar corporate route. Mako Financial Markets filed for UK strike-off following the wind-down of its cash-equities activities, illustrating how corporate dissolution can follow an earlier decision to discontinue a particular operation.

Australian ownership remains separate from global licences

Companies House identifies M K Murphie Holdings Pty Limited, an Australian company registered in New South Wales, as the active person with significant control over FP Markets Services Limited.

The ownership disclosure specifies control of at least 75% of the UK company’s shares. The Australian company has been recorded in this capacity since January 28, 2019.

The ownership connection establishes a link between the UK business and Australian corporate interests associated with FP Markets. It does not mean that dissolving the UK company automatically affects other legal entities operating under the same brokerage brand.

FP Markets operates internationally through separately incorporated businesses and regulatory arrangements, including entities regulated in Australia, Cyprus, South Africa and Seychelles. The group also identifies regulatory operations in Kenya.

For traders, the distinction between a corporate affiliate and the actual brokerage counterparty is important. A firm’s legal obligations, client-money protections and regulatory responsibilities depend on the entity named in its customer agreement, not simply the brand displayed on its website.

DaveFinances previously examined how forex broker licences differ across jurisdictions, including the separate legal protections available through FCA, CySEC, ASIC and offshore regulatory frameworks.

The FP Markets Services Limited filings do not identify a retail client portfolio requiring migration, a surrendered trading licence or a direct impact on customer deposits and withdrawals.

Comparable changes elsewhere in the brokerage industry demonstrate why legal-entity distinctions matter. In another case, 50K’s Seychelles entity surrendered its securities dealer licence while its Cyprus operation remained active. That was a separate regulatory development, but it illustrates how a change affecting one entity need not mean the disappearance of an entire trading brand.

What the closure means for FP Markets and its clients

The most plausible interpretation of these filings is that FP Markets is removing a small UK corporate entity that is no longer considered necessary. That is an interpretation, however, rather than a reason confirmed by the group.

The financial numbers support the idea of a limited operational footprint. A business with two employees, £1 in net assets and no reported profit is unlikely to represent a major standalone source of group earnings. Its importance could nevertheless lie in internal administrative functions, corporate relationships or services that are not apparent from its public accounts.

That distinction matters because companies do not need to generate substantial profits to perform useful roles within larger financial groups. A small subsidiary may manage local staff, provide support services or maintain commercial arrangements on behalf of other entities.

Removing such a company can simplify reporting, governance and compliance obligations. It may also eliminate recurring administrative costs associated with maintaining an otherwise unnecessary legal structure.

But the filings alone cannot establish whether cost reduction, organizational consolidation or a broader jurisdictional strategy motivated this decision.

There is also no basis for treating the voluntary strike-off as evidence of financial distress. The company has not been identified in the reviewed filings as entering compulsory liquidation or administration. Voluntary dissolution and insolvency are legally different processes, even though both can ultimately result in a company ceasing to exist.

For FP Markets customers, the practical question is whether their contractual trading entity has changed. Nothing in the latest UK filings demonstrates that this has happened.

The distinction becomes clearer when compared with actual customer-book transactions. DaveFinances previously reported that FXCM’s UK business agreed to transfer its client book to Trade Nation, a development with direct implications for the affected brokerage’s customers. No equivalent transfer has been established in the FP Markets Services Limited case.

Investors and industry observers should nevertheless monitor the remaining dissolution steps, particularly whether creditors object, the application is withdrawn or a final Gazette notice confirms the entity’s removal.

One unresolved issue is the commercial function the company performed before seeking dissolution. Another is whether its activities have already ceased or been reassigned to another group business. Neither question is answered conclusively by the public filings.

For the broader brokerage industry, the case highlights a recurring feature of internationally operating financial firms: corporate structures can change without a corresponding change to the customer-facing brand.

That makes individual entity filings useful early indicators of organizational activity, but poor substitutes for evidence of changes in licences, customer contracts or actual trading operations.

For now, the confirmed development is narrow but significant. FP Markets Services Limited has taken formal steps toward dissolution, backed by a director resignation, a voluntary strike-off application and a public Gazette notice. Whether this represents routine corporate housekeeping or part of a wider restructuring remains an open question until further information emerges.

Financial Markets Analyst and Journalist at  | More Posts

Johan Shamshad is a financial markets writer at Dave Finances covering cryptocurrencies, trading platforms, brokers, fintech, financial regulation, and developments across global markets. He previously worked at Gulf News, adding newsroom experience to his coverage of fast-moving financial and digital-asset markets.

His work focuses on identifying market-moving events, company developments, regulatory changes, product launches, and shifts in trading and financial infrastructure.

Johan contributes news and analysis designed to help readers understand not only what happened, but why a development matters and how it may affect the wider financial landscape. You can reach out to him via his social media accounts:

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