Concept VC Limited

Reference number: 939163

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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

  • When conceptventures.vc first appeared online, and whether it can receive email
  • What kind of line 07712 585919 is
  • Who else gives the postcode SW1W 0LB
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • RLC Ventures Ltd Former name: A name it was registered under before.
  • Concept Ventures Former trading name: A name it used to trade under.

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 (4 permissions)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • 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
13 December 2017 (8 years old)
Registered office
40 Grosvenor Gardens Mews South, London, Greater London, SW1W 0LB, England
Nature of business
  • Activities of venture and development capital companies (SIC 64303)
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Reece Lal Chowdhry Director Jan 1989 13 Dec 2017 3 other companies
Jeffrey Chowdhry Director Jul 1960 22 Aug 2019 6 other companies
Oliver Edward Kicks Director Apr 1996 3 Nov 2025 1 other company

Other companies run by these 3 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
8
closed down
4
is FCA-registered
1

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 2 companies these 3 directors run together
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£863k

+5.6% from £817k

Cash at bank

£358k

+121% from £162k

Employees (average)

6

Same as 6

Owed within a year

£308k

+344% from £69.4k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 11110324. 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

Concept VC’s history from the FCA register and Companies House, newest first.

2024

1 October 2024

  • Rita Chowdhry stopped being a part-owner

Companies House

2022

13 June 2022

  • Changed its registered name from "RLC Ventures Ltd"

FCA register

2021

1 July 2021

  • 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

2019

23 August 2019

  • Jeffrey Chowdhry became a part-owner (25–50% of shares)
  • Rita Chowdhry became a part-owner (25–50% of shares)

Companies House

2017

13 December 2017

  • Incorporated at Companies House
  • Reece Lal Chowdhry became a part-owner (25–50% of shares)

Companies House

In the full report: all 20 events

  • All 20 events in its history (11 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Concept VC

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

past link
1

In the full report: all 0 connected firms, named

  • 1 past link through former directors
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Firms like Concept VC

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 Concept VC

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 20 events in its history

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Frequently asked questions about this firm

Is Concept VC Limited FCA authorised?
Yes, Concept VC Limited (FRN 939163) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2021 and works as an investment or fund manager. The FCA has placed 2 limits on what it may do.
What is Concept VC’s phone number and website?
The FCA register lists the phone number 07712 585919 and the website conceptventures.vc for Concept VC. If you were given different contact details, use these to check with the firm before going any further.
Is Concept VC a scam or clone?
Concept VC 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 Concept VC?
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 Concept VC to the Financial Ombudsman Service, free of charge.
Who owns Concept VC?
Companies House lists 2 people with significant control of Concept VC: Mr Jeffrey Chowdhry (25–50% of shares) and Mr Reece Lal Chowdhry (25–50% of shares). Before that, it was controlled by Mrs Rita Chowdhry.
Who runs Concept VC?
Companies House lists 3 directors of Concept VC: Reece Lal Chowdhry, Jeffrey Chowdhry and Oliver Edward Kicks.
How long has Concept VC been in business?
The company was formed on 13 December 2017, and has held its current FCA authorisation since July 2021.
What do Concept VC’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £863k (+5.6% from £817k) and cash at bank of £358k (+121% from £162k).
Does Concept VC use any other names?
It has previously used 2 other names: RLC Ventures Ltd and Concept Ventures.

Sources and links

The full report on Concept VC Limited

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