Progeny Asset Management Limited

Reference number: 740528

Instant download

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.

In the full report: 3 background checks

  • When theprogenygroup.com first appeared online, and whether it can receive email
  • What kind of line 0330 165 9040 is, and the other firm that gives it
  • Who else gives the postcode LS1 4DL
Instant PDF download
Other names (3)

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

  • Progeny Trading name
  • Altor Law Limited Former name
  • Progeny Asset Management Ltd Former name

FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (5 permissions)
  • 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

  • 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
09415365
Company status
Active
Company type
Private limited company
Incorporated
30 January 2015 (11 years old)
Registered office
1a Tower Square, Leeds, LS1 4DL, United Kingdom
Nature of business
  • Financial management (SIC 70221)

Directors and company secretaries

Name Role Born Appointed Other companies
Thomas Francis Wood Director Apr 1972 29 Jul 2024 36 other companies
Jessica Anne Brescia Director May 1980 9 Dec 2025 6 other companies
Paul Jason Roger Nathan Director Sep 1968 1 Apr 2026 10 other companies

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
49
closed down
9
went insolvent
1

In the full report: all 49 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 15 on the FCA register, including 2 no longer authorised
  • The 3 companies these 3 directors run together
  • All 16 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 31 December 2022Full accountsAudited

Turnover

£3.93m

+41% from £2.78m

Profit before tax

£397k

−53% from £837k

Net assets

£1.41m

+39% from £1.02m

Cash at bank

£130k

−49% from £256k

Turnover and profit

In the full report: all 4 years of accounts

  • Every year from 2019 to 2022
  • Both charts, over every year
  • Every filed figure, year by year
Instant PDF download
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 09415365. 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

Progeny Asset Management’s history from the FCA register and Companies House, newest first.

Key events (8) All events (41)

2023

31 March 2023

  • Changed its registered name from "Progeny Asset Management Ltd"

FCA register

2016

1 September 2016

  • 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

10 June 2016

  • Changed its registered name from "Progeny Asset Management Limited"

FCA register

23 May 2016

  • Changed its registered name from "Altor Law Limited"

FCA register

6 April 2016

  • The Progeny Group Limited took control (75–100% of shares)

Companies House

2015

30 January 2015

  • Incorporated at Companies House

Companies House

In the full report: all 41 events

  • All 41 events in its history (8 shown here)
  • Every director appointment and resignation: 31
Instant PDF download

Firms connected to Progeny Asset Management

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

connected firms
3
share a director
3
share its phone number
1

In the full report: all 3 connected firms, named

  • How each is linked: shared directors (3), the same phone number (1), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 9 past links through former directors
Instant PDF download

Firms like Progeny Asset Management

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

In Leeds

3 W Equity LtdLeedsAuthorisedEndless LLPLeedsAuthorisedJenson Funding Partners LLPLeedsAuthorisedKey Capital Partners LLPLeedsAuthorisedLeodis Wealth LimitedLeedsAuthorisedLink Fund Solutions LimitedLeedsAuthorised

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 Progeny Asset Management

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

  • 49 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 41 events in its history
  • 3 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Progeny Asset Management Limited FCA authorised?
Yes, Progeny Asset Management Limited (FRN 740528) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2016 and works as an investment or fund manager. The FCA has placed a limit on what it may do.
What is Progeny Asset Management’s phone number and website?
The FCA register lists the phone number 0330 165 9040 and the website theprogenygroup.com for Progeny Asset Management. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Progeny Asset Management a scam or clone?
Progeny Asset Management 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 Progeny Asset Management?
It may control client money but not hold it. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Progeny Asset Management to the Financial Ombudsman Service, free of charge.
Who owns Progeny Asset Management?
Progeny Asset Management is owned by The Progeny Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Progeny Asset Management?
Companies House lists 3 directors of Progeny Asset Management: Thomas Francis Wood, Jessica Anne Brescia and Paul Jason Roger Nathan.
How long has Progeny Asset Management been in business?
The company was formed on 30 January 2015, and has held its current FCA authorisation since September 2016.
What do Progeny Asset Management’s latest accounts show?
Its latest accounts, to 31 December 2022, show turnover of £3.93m (+41% from £2.78m) and profit before tax of £397k (−53% from £837k).
Does Progeny Asset Management use any other names?
It trades as Progeny. It has previously used 2 other names: Altor Law Limited and Progeny Asset Management Ltd.

Sources and links

The full report on Progeny Asset Management Limited

£19.99 · Instant PDF download

Loading secure checkout…