Equity Gap Limited

Reference number: 955933

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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 equitygap.co.uk first appeared online, and whether it can receive email
  • What kind of line 0131 221 1234 is
  • Who else gives the postcode EH3 8EG
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Other names (1)

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

  • Fifty4 Degrees Trading name

FCA permissions and consumer protection

  • Manage or trade investments 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 (2 permissions)
  • Arranging (bringing about) deals in investments
  • Making arrangements with a view to transactions in investments

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 number
SC378060
Company status
Active
Company type
Private company limited by guarantee
Incorporated
5 May 2010 (16 years old)
Registered office
C/O Wright, Johnston & Mackenzie, 12 Hope Street, Edinburgh, EH2 4DB, Scotland
Nature of business
  • Activities of other membership organisations not elsewhere classified (SIC 94990)

Directors and company secretaries

Name Role Born Appointed Other companies
John Gilbert Millican Director Aug 1951 5 May 2010 18 other companies
Fraser Stuart Lusty Director Nov 1966 12 May 2014 1 other company
David Charles Newall Pratt Director Dec 1958 2 Jun 2025 10 other companies
Jennifer Nicoll Director Mar 1964 1 Sep 2025 2 other companies
WJM SECRETARIES LIMITED Corporate secretary Not published 5 May 2010 –

Other companies run by these 4 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
31
closed down
13
are FCA-registered
2

In the full report: all 31 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • All 11 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£169k

−38% from £272k

Cash at bank

£146k

−31% from £212k

Employees (average)

5

−17% from 6

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 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 SC378060. 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

Equity Gap’s history from the FCA register and Companies House, newest first.

Key events (5) All events (26)

2024

5 April 2024

  • Fraser Stuart Lusty gained significant control

Companies House

2022

29 July 2022

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2016

5 May 2016

  • John Gilbert Millican gained significant control

Companies House

2010

5 May 2010

  • Incorporated at Companies House

Companies House

In the full report: all 26 events

  • All 26 events in its history (5 shown here)
  • Every director appointment and resignation: 18
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Firms connected to Equity Gap

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

connected firms
5
share a director
1
share its postcode
4

In the full report: all 5 connected firms, named

  • How each is linked: shared directors (1), the same postcode (4)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Get the full report on Equity Gap

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

  • 31 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 26 events in its history
  • 5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Equity Gap Limited FCA authorised?
Yes, Equity Gap Limited (FRN 955933) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2022. The FCA has placed no limits on its permissions.
What is Equity Gap’s phone number and website?
The FCA register lists the phone number 0131 221 1234 and the website equitygap.co.uk for Equity Gap. If you were given different contact details, use these to check with the firm before going any further.
Is Equity Gap a scam or clone?
Equity Gap 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 Equity Gap?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Equity Gap to the Financial Ombudsman Service, free of charge.
Who owns Equity Gap?
Companies House lists 2 people with significant control of Equity Gap: Mr Fraser Stuart Lusty (significant influence or control) and Mr John Gilbert Millican (significant influence or control).
Who runs Equity Gap?
Companies House lists 4 directors of Equity Gap: John Gilbert Millican, Fraser Stuart Lusty, David Charles Newall Pratt and Jennifer Nicoll.
How long has Equity Gap been in business?
The company was formed on 5 May 2010, and has held its current FCA authorisation since July 2022.
What do Equity Gap’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £169k (−38% from £272k) and cash at bank of £146k (−31% from £212k).
Does Equity Gap use any other names?
It trades as Fifty4 Degrees.

Sources and links

The full report on Equity Gap Limited

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