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.
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Phone number
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Address
Level 30, The Leadenhall Building, 122 Leadenhall Street, City of London, EC3V 4AB, United Kingdom
In the full report: 3 background checks, 1 thing worth a closer look
- When laxcapital.com first appeared online, and whether it can receive email
- What kind of line 020 3355 0440 is
- Whether EC3V 4AB is a shared office: 32 other firms give it
FCA permissions and consumer protection
- Hold or safeguard your money · Manage or trade investments FSCS may applyEligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
- Give regulated advice FSCS may applyA claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (6 permissions)
- Advising on investments (except on Pension Transfers and Pension Opt Outs)
- 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 what they may do
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Restriction on activities related to Cryptoassets, Crypto Tokens, Structured Products and broking arrangements
1. The Firm must not, without prior written consent of the FCA, conduct any regulated activities for which it has a Part 4A permission, in relation to: (i) the Orion Crypto Actively Managed Certificate (ISIN CH1134836233) (ii) the Orion Tokens (iii) financial products involving the tokenisation of investments (iv) structured products (including, but not limited to Actively Managed Certificates) with the exception of those where the Firm is acting as a distributor for an entity, and the relationship between the Firm and that entity has been pre-agreed by the FCA (v) cryptoassets 2. From the date of these Requirements, the Firm must not conduct any regulated activities with, through, on behalf of, and/or involving: (i) Mr Navin Bhal, and/or (ii) Equiti Brokerage (Seychelles ) Limited, a company incorporated with limited liability under the laws of the Republic of Seychelles, under registration number 8428558-1, with its registered address at First Floor, Marina House, Eden Island, Republic of Seychelles. 3. The Firm must not enter into any broking arrangement with a counterparty that is not established in the United Kingdom or the European Union. 4. By 20 August 2025, the Firm must confirm to the FCA: (i) that it has put in place written contracts with all current counterparties, including but not limited to brokers, traders and, investors, and (ii) it will enter into written contracts with all future counterparties, including but not limited to brokers, traders, and investors.
- 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.
- Company number
- 11656526 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 2 November 2018 (7 years old)
- Registered office
- Level 30 The Leadenhall Building, 122 Leadenhall Street, City Of London, EC3V 4AB, England
- Nature of business
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- Fund management activities (SIC 66300)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Devesh Vishwakarma | Director | Dec 1982 | 2 Nov 2018 | None |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
Filed accounts and finances
Net assets
£108k
−45% from £194k
Employees (average)
2
Same as 2
Owed within a year
£102k
+47% from £69.3k
Assets and liabilities
In the full report: all 8 years of accounts
- Every year from 2019 to 2026
- 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.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 11656526. 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
Lax Capital’s history from the FCA register and Companies House, newest first.
2025
8 August 2025
- FCA imposed a requirement (Restriction on activities related to Cryptoassets, Crypto Tokens, Structured Products and broking arrangements)
FCA register
2020
16 March 2020
- Regulated by the FCA from this date
- FCA imposed a requirement (May control but not hold client money)
- Became authorised by the FCA
FCA register
2018
2 November 2018
- Incorporated at Companies House
- Devesh Vishwakarma took control (75–100% of shares)
Companies House
In the full report: all 10 events
- All 10 events in its history (6 shown here)
- Every director appointment and resignation: 1
Firms like Lax Capital
Other firms of the same type (investment or fund manager), nearest first.
In City of London
In the Central London (EC) postcode area
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 Lax Capital
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- Every company its directors have run, named
- 3 background checks on its contact details, 1 flagged
- 8 years of accounts, charted
- All 10 events in its history
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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
- Check your FSCS cover fscs.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk