Authorisation being cancelled
This firm has asked the FCA to cancel its authorisation. It is still in force until the FCA processes the application, so existing business keeps its protection, but its regulated work is winding down.
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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Website
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Phone number
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Address
New World Capital Advisors, 22 Upper Brook Street, London, Westminster, W1K 7PZ, United Kingdom
In the full report: 3 background checks
- When nwgp.com first appeared online, and whether it can receive email
- What kind of line 020 3744 4900 is
- Who else gives the postcode W1K 7PZ
FCA permissions and consumer protection
- 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.
- 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.
- 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 (3 permissions)
- Advising on investments (except on Pension Transfers and Pension Opt Outs)
- 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
- 10080229 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 23 March 2016 (10 years old)
- Registered office
- 22 Upper Brook Street, London, W1K 7PZ, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Adam Sadiq | Director | Apr 1984 | 23 Mar 2016 | 7 other companies |
| Alexander Tsirigotis | Director | Aug 1982 | 11 Mar 2020 | 1 other company |
| Alexander Tsirigotis | Secretary | Not published | 14 Aug 2018 | – |
Other companies run by these 2 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
- 7
- closed down
- 2
- is FCA-registered
- 1
In the full report: all 7 companies, named
- What each company does, and whether it is still trading
- Which of these 2 directors sit on each board, and since when
- Any that went into liquidation or administration
- The one on the FCA register
- The 1 company these 2 directors run together
- All 3 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£903k
No earlier figure to compare
Cash at bank
£266k
No earlier figure to compare
Owed within a year
£366k
No earlier figure to compare
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 10080229. 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
New World Capital Advisors’s history from the FCA register and Companies House, newest first.
2026
25 August 2026
- New World Group Holdings Ltd gave up control
Companies House
2023
15 November 2023
- Adam Sadiq became a part-owner (25–50% of shares)
- Adam Sadiq stopped being a part-owner
- New World Group Holdings Limited no longer has significant control
- Zeiad Idris became a part-owner (25–50% of shares)
- Zeiad Idris stopped being a part-owner
Companies House
2021
9 July 2021
- Adam Muhammad Sadiq took control (75–100% of shares)
- New World Group Holdings Ltd took control (75–100% of shares)
Companies House
2018
9 July 2018
- Adam Sadiq stopped being a part-owner
- New World Group Holdings Limited gained significant control
- Zeiad Idris stopped being a part-owner
Companies House
27 April 2018
- Zeiad Idris became a part-owner (25–50% of shares)
Companies House
2017
1 February 2017
- Regulated by the FCA from this date
- Applied to cancel its FCA authorisation
FCA register
2016
6 April 2016
- Adam Sadiq became a part-owner (25–50% of shares)
Companies House
23 March 2016
- Incorporated at Companies House
Companies House
In the full report: all 23 events
- All 23 events in its history (16 shown here)
- Every director appointment and resignation: 4
Firms connected to New World Capital Advisors
Other FCA-listed firms that share a director, phone number or address with New World Capital Advisors. 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 New World Capital Advisors
Other firms of the same type (financial adviser), 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 New World Capital Advisors
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 7 other companies its directors have run, named
- 3 background checks on its contact details
- All 23 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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What do New World Capital Advisors’ latest accounts show?
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