PI Labs Manager Limited

Reference number: 747349

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

Midmar Capital LLP Reference number: 519772 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Pi Labs Manager Limited (FRN 747349) is an AR of Midmar Capital LLP (FRN 519772). When you use Pi Labs Manager's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Pi Labs Manager, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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, 1 thing worth a closer look

  • When pilabs.vc first appeared online, and whether it can receive email
  • What kind of line 020 3927 3707 is
  • Who else gives the postcode W1F 0DQ
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Other names (2)

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

  • Pi Labs Trading name
  • Pi (Property Innovation) Labs Trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Midmar Capital LLP, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

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
09496557
Company status
Active
Company type
Private limited company
Incorporated
18 March 2015 (11 years old)
Registered office
33 Broadwick Street, London, W1F 0DQ, England
Nature of business
  • Management consultancy activities other than financial management (SIC 70229)

Directors and company secretaries

Name Role Born Appointed Other companies
Faisal Shahid Butt Director Mar 1977 18 Mar 2015 27 other companies
Michael Murad Director Oct 1990 14 Apr 2023 1 other company

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
27
closed down
13
is FCA-registered
1

In the full report: all 27 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 7 people who have ever been directors, with their dates
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Key dates in its history

PI Labs Manager’s history from the FCA register and Companies House, newest first.

Key events (6) All events (16)

2022

26 October 2022

  • Changed its registered name from "Pi Labs (Manager) Limited"

FCA register

2017

17 May 2017

  • Faisal Shahid Butt gave up control
  • PI Labs Limited took control (75–100% of shares)

Companies House

2016

1 July 2016

  • Faisal Shahid Butt took control (75–100% of shares)

Companies House

18 May 2016

  • Became an appointed representative

FCA register

2015

18 March 2015

  • Incorporated at Companies House

Companies House

In the full report: all 16 events

  • All 16 events in its history (6 shown here)
  • Every director appointment and resignation: 8
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Firms connected to PI Labs Manager

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

connected firms
3
share its postcode
3
past link
1

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like PI Labs Manager

Other firms of the same type (investment or fund manager), nearest first.

In London

Colliers International Property Advisers UK LLPLondonAppointed representativeChristian AidLondonAppointed representativeBain Capital (UK) LimitedLondonAppointed representativeJTC Employer Solutions (UK) LimitedLondonAppointed representativeHAN ETF LtdLondonAppointed representativeGQG Partners (UK) LtdLondonAppointed representative

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 PI Labs Manager

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

  • 27 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 16 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is PI Labs Manager Limited FCA authorised?
PI Labs Manager Limited (FRN 747349) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for PI Labs Manager?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. PI Labs Manager Limited (FRN 747349) is an AR of Midmar Capital LLP (FRN 519772). When you use PI Labs Manager's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from PI Labs Manager, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is PI Labs Manager’s phone number and website?
The FCA register lists the phone number 020 3927 3707 and the website pilabs.vc for PI Labs Manager. If you were given different contact details, use these to check with the firm before going any further.
Is PI Labs Manager a scam or clone?
PI Labs Manager 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 PI Labs Manager?
Protection works through Midmar Capital LLP, the principal firm responsible for PI Labs Manager's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns PI Labs Manager?
PI Labs Manager is owned by PI Labs Limited, which holds 75–100% of shares and 75–100% of votes, since 17 May 2017. Before that, it was controlled by Mr Faisal Shahid Butt.
Who runs PI Labs Manager?
Companies House lists 2 directors of PI Labs Manager: Faisal Shahid Butt and Michael Murad.
How long has PI Labs Manager been in business?
The company was formed on 18 March 2015.
Does PI Labs Manager use any other names?
It trades as Pi Labs and Pi (Property Innovation) Labs.

Sources and links

The full report on PI Labs Manager Limited

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