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
Chase de Vere Independent Financial Advisers limited Reference number: 137914 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.
- Principal & Prosper Limited (FRN 944737) is an AR of Chase de Vere Independent Financial Advisers limited (FRN 137914). When you use Principal & Prosper's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Principal & Prosper, 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.
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No website on the FCA register
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Phone number
-
Address
55 Melville Street, Edinburgh, Midlothian, EH3 7HL, United Kingdom
In the full report: 2 background checks
- What kind of line 0131 243 6700 is
- Who else gives the postcode EH3 7HL
Other names (1)
If you were contacted under any of these names, it is this firm.
- Principal and Prosper Limited Former name: A name it was registered under before.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Chase de Vere Independent Financial Advisers limited, 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, freeYou 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
- 13084116 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 16 December 2020 (5 years old)
- Registered office
- 60 New Broad Street, London, EC2M 1JJ, England
- Nature of business
-
- Activities of financial services holding companies (SIC 64205)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Christopher Alan Purves | Director | Feb 1970 | 16 Dec 2020 | 4 other companies |
| Stephen Kavanagh | Director | Jan 1962 | 28 May 2021 | 18 other companies |
| Gavin Paul Chapman | Director | Sep 1968 | 28 May 2021 | 19 other companies |
| Iain James Mckie | Director | Dec 1970 | 28 May 2021 | 11 other companies |
| Kathleen Mary Gallagher | Director | Apr 1978 | 3 May 2022 | 8 other companies |
Other companies run by these 5 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
- 28
- closed down
- 16
- are FCA-registered
- 3
In the full report: all 28 companies, named
- What each company does, and whether it is still trading
- Which of these 5 directors sit on each board, and since when
- Any that went into liquidation or administration
- The 3 on the FCA register
- The 16 companies these 5 directors run together
- All 7 people who have ever been directors, with their dates
Key dates in its history
Principal & Prosper’s history from the FCA register and Companies House, newest first.
2021
18 May 2021
- Principal & Prosper Group Limited gave up control
- Principal & Prosper IFA Holdings Limited took control (75–100% of shares)
Companies House
3 May 2021
- Principal & Prosper Group Limited took control (75–100% of shares)
- Principal & Prosper Holdings Limited gave up control
Companies House
31 March 2021
- Changed its registered name from "Principal and Prosper Limited"
FCA register
11 February 2021
- Became an appointed representative
FCA register
2020
16 December 2020
- Incorporated at Companies House
- Principal & Prosper Holdings Limited took control (75–100% of shares)
Companies House
In the full report: all 18 events
- All 18 events in its history (8 shown here)
- Every director appointment and resignation: 9
Firms connected to Principal & Prosper
Other FCA-listed firms that share a director, phone number or address with Principal & Prosper. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 3
- share a director
- 3
In the full report: all 3 connected firms, named
- How each is linked: shared directors (3)
- Who links each one: the named directors, with dates
Firms like Principal & Prosper
Other firms of the same type (investment or fund manager), nearest first.
In the Edinburgh (EH) 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 Principal & Prosper
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 28 other companies its directors have run, named
- 2 background checks on its contact details
- All 18 events in its history
- 3 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
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk