Authorised, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 December 2023
- Company: in liquidation
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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.
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No website on the FCA register
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No phone number on the FCA register
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Address
Huw Powell & Paul Wood both of BTG Begbies Traynor (Central) LLP, 3rd Floor, Castlemead, Lower Castle Street, Bristol, BS1 3AG, United Kingdom
In the full report: 1 background check
- Who else gives the postcode BS1 3AG
Other names (8)
If you were contacted under any of these names, it is this firm.
- Kession Trading name: A name it trades under now.
- Affine Former trading name: A name it used to trade under.
- Fractional Former trading name: A name it used to trade under.
- ICO Incubator Former trading name: A name it used to trade under.
- Kession Advisors Former trading name: A name it used to trade under.
- Kession Investments Former trading name: A name it used to trade under.
- Tokenise Former trading name: A name it used to trade under.
- TokenX Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (7 permissions)
- Advising on investments (except on Pension Transfers and Pension Opt Outs)
- Advising on P2P agreements
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Dealing in investments as agent
- Making arrangements with a view to transactions in investments
- Managing investments
Limits on the record
- 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.
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.
Concerns on the company record
- Companies House records this company in liquidation, but it is still authorised on the FCA register.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 07987057 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 12 March 2012 (14 years old)
- Registered office
- Ground Floor, 16 Columbus Walk, Brigantine Place, Cardiff, CF10 4BY
- Nature of business
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- Security and commodity contracts dealing activities (SIC 66120)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Michael Simon Kessler | Director | Dec 1972 | 12 Mar 2012 | 22 other companies |
Other companies run by its director
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
- 22
- closed down
- 17
- is FCA-registered
- 1
In the full report: all 22 companies, named
- What each company does, and whether it is still trading
- Which of its director sits on each board, and since when
- Any that went into liquidation or administration
- The one on the FCA register
- All 3 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£34.1k
−78% from £157k
Cash at bank
£60.9k
−19% from £75.7k
Employees (average)
1
−67% from 3
Owed within a year
£124k
−40% from £206k
Its next accounts are overdue at Companies House.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2020 to 2023
- The chart, over every year
- Every filed figure, year by year
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 07987057. 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
Kession Capital’s history from the FCA register and Companies House, newest first.
2017
27 October 2017
- Steven Garner stopped being a part-owner
Companies House
2016
6 April 2016
- Michael Simon Kessler took control (75–100% of shares)
- Steven Garner became a part-owner (25–50% of shares)
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2012
16 July 2012
- FCA imposed a requirement (May control but not hold client money)
- Became authorised by the FCA
FCA register
14 June 2012
- Regulated by the Financial Services Authority from this date
FCA register
12 March 2012
- Incorporated at Companies House
Companies House
In the full report: all 33 events
- All 33 events in its history (8 shown here)
- Every director appointment and resignation: 5
Firms connected to Kession Capital
Other FCA-listed firms that share a director, phone number or address with Kession Capital. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share a director
- 1
- share its postcode
- 1
In the full report: all 2 connected firms, named
- How each is linked: shared directors (1), the same postcode (1)
- Who links each one: the named directors, with dates
Firms like Kession Capital
Other firms of the same type (investment or fund manager), nearest first.
In Bristol
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 Kession Capital
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 22 other companies its directors have run, named
- 1 background check on its contact details
- 5 years of accounts, charted
- All 33 events in its history
- 2 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk