Lc 303 Ltd: FCA regulated?

On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

Registered for under a year
No FCA actions
Active company since 2026

What does this mean?

Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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.

No website on the FCA register
No phone number on the FCA register
Address

20 North Audley Street, London, W1K 6WE, United Kingdom

In the full report: 1 background check

Who else gives the postcode W1K 6WE

Other names (1)

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

LENDING CAPITAL Trading name: A name it trades under now.

Past FCA permissions and consumer protection

Money-laundering registration only
This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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: 16995291 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 28 January 2026 (less than a year old)
Registered office: Office Gold, Building 7, Floor 5, 566 Chiswick High Road, Chiswick Business Park,, London, W4 5YG, United Kingdom
Nature of business: Activities of mortgage finance companies (SIC 64922)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Sandeep Babber	Director	Feb 1983	28 Jan 2026	None
Saveet Babber	Director	Oct 1979	28 Jan 2026	13 other companies
Akhil Mair	Director	Nov 1983	28 Jan 2026	None

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: 13
closed down: 3
are FCA-registered: 3

In the full report: all 13 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 3 on the FCA register

Key dates in its history

Lc 303’s history from the FCA register and Companies House, newest first.

Key events (3) All events (7)

2026

23 March 2026

Registered with the FCA

FCA register

28 January 2026

Incorporated at Companies House
Lending Capital Limited took control (75–100% of shares)

Companies House

In the full report: all 7 events

All 7 events in its history (3 shown here)
Every director appointment and resignation: 3

Firms connected to Lc 303

Other FCA-listed firms that share a director, phone number or address with Lc 303. A link shows who the firm is tied to, not whether either can be trusted.

connected firms: 3
share a director: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: shared directors (3), the same postcode (3)
Who links each one: the named directors, with dates

Get the full report on Lc 303

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

13 other companies its directors have run, named
1 background check on its contact details
All 7 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Lc 303 Ltd FCA authorised?

Lc 303 Ltd (FRN 1050991) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.

Is Lc 303 a scam or clone?

Lc 303 is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.

Is my money safe with Lc 303?

Money you hand to Lc 303 is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

Who owns Lc 303?

Lc 303 is owned by Lending Capital Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 28 January 2026.

Who runs Lc 303?

Companies House lists 3 directors of Lc 303: Sandeep Babber, Saveet Babber and Akhil Mair.

How long has Lc 303 been in business?

The company was formed on 28 January 2026.

Does Lc 303 use any other names?

It trades as LENDING CAPITAL.