Ascension Ventures Limited

Reference number: 833108

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Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When ascension.vc first appeared online, and whether it can receive email
  • What kind of line 020 3576 0332 is
  • Who else gives the postcode W1W 7NY
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FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments · Run or oversee funds FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (5 permissions)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Establishing, operating or winding up a collective investment scheme
  • Making arrangements with a view to transactions in investments
  • Managing an unauthorised AIF

Limits on what they may do

  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
  • Venture Capital Business Only
    The firm must not conduct designated investment business other than Venture Capital business.
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • Small Authorised UK AIFM (Sub-Threshold)
    The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
8 September 2011 (15 years old)
Registered office
9 Appold Street, 6th Floor, London, Greater London, EC2A 2AP, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Jean Francois Rollet De Fougerolles Director Jul 1968 19 Feb 2013 8 other companies
Remigio Richard Carlo Minute Director Dec 1972 25 Apr 2024 3 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
10
closed down
3
run together
1

In the full report: all 10 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 2 directors run together
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2022Full accountsNot audited

Total equity

£475k

+124% from £212k

Cash at bank

£259k

+24% from £209k

Employees (average)

9

+50% from 6

Owed within a year

£471k

+89% from £249k

Assets and liabilities

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 07766902. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Ascension Ventures’s history from the FCA register and Companies House, newest first.

2019

22 November 2019

  • Regulated by the FCA from this date
  • FCA imposed a requirement (May control but not hold client money)
  • FCA imposed a requirement (Small Authorised UK AIFM (Sub-Threshold))
  • FCA imposed a requirement (Venture Capital Business Only)
  • Became authorised by the FCA

FCA register

2017

5 March 2017

  • Ascension (Group) Limited gave up control
  • Ascension Ventures (Holdings) Limited took control (75–100% of shares)

Companies House

2016

6 April 2016

  • Ascension (Group) Limited took control (75–100% of shares)

Companies House

2011

8 September 2011

  • Incorporated at Companies House

Companies House

In the full report: all 17 events

  • All 17 events in its history (9 shown here)
  • Every director appointment and resignation: 6
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Firms connected to Ascension Ventures

Other FCA-listed firms that share a director, phone number or address with Ascension Ventures. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Ascension Ventures

Other firms of the same type (investment or fund manager), nearest first.

In London

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Ascension Ventures

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 10 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 17 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Ascension Ventures Limited FCA authorised?
Yes, Ascension Ventures Limited (FRN 833108) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2019 and works as an investment or fund manager. The FCA has placed 2 limits on what it may do.
What is Ascension Ventures’ phone number and website?
The FCA register lists the phone number 020 3576 0332 and the website ascension.vc for Ascension Ventures. If you were given different contact details, use these to check with the firm before going any further.
Is Ascension Ventures a scam or clone?
Ascension Ventures is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Ascension Ventures?
It may control client money but not hold it. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Ascension Ventures to the Financial Ombudsman Service, free of charge.
Who owns Ascension Ventures?
Ascension Ventures is owned by Ascension Ventures (Holdings) Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 5 March 2017. Before that, it was controlled by Ascension (Group) Limited.
Who runs Ascension Ventures?
Companies House lists 2 directors of Ascension Ventures: Jean Francois Rollet De Fougerolles and Remigio Richard Carlo Minute.
How long has Ascension Ventures been in business?
The company was formed on 8 September 2011, and has held its current FCA authorisation since November 2019.
What do Ascension Ventures’ latest accounts show?
Its latest accounts, to 31 March 2022, show total equity of £475k (+124% from £212k) and cash at bank of £259k (+24% from £209k).

Sources and links

The full report on Ascension Ventures Limited

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