Authorised, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 December 2023
- Company: in liquidation
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
- 1 thing worth a closer look in the background checks
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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
Adam Henry Stephens of S&W Partners LLP, 45 Gresham Street, London, EC2V 7BG, United Kingdom
In the full report: 1 background check, 1 thing worth a closer look
- Whether EC2V 7BG is a shared office: 22 other firms give it
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (6 permissions)
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Dealing in investments as principal
- Establishing, operating or winding up a collective investment scheme
- Establishing/operating/winding up a personal pension scheme
- Making arrangements with a view to transactions in investments
Limits on the record
- 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.
-
The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the UK ...
1. The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the United Kingdom or elsewhere). a) For the avoidance of doubt, this restriction includes the sale or transfer of the Firm’s pension business to another authorised firm and/or the sale or transfer of data about the Firm’s clients. 2. The assets restriction does not apply to monetary payments or the disposal of assets made by the Firm in the ordinary course of business, amounting to no more than £20,000 whether as a single transaction or a combination of related transactions. The following payments shall not be regarded as payments in the ordinary course of business: a) Payments of unusual or significant amounts to the Firm’s controllers, shareholders, directors, officers, employees or any connected persons. b) The making of any capital distribution. c) The making of any gift or loan by the Firm to any party. d) Payments made as part of any financial restructuring or reorganisation of its business (whether share or asset based). 3. The assets restriction does not apply to: a) Transactions giving effect to instructions initiated by customers. b) Payments of funds to the Firm’s suppliers in the ordinary course of business and in satisfaction of the Firm’s contractual and legal obligations. c) Usual and proper salary payments made by the Firm.
-
The Firm must not, without the prior written consent of the FCA
1. The Firm must not, without the prior written consent of the FCA: a) appoint directors, shadow directors or any other individuals to the Board or senior management team of the Firm; or b) remove duly appointed directors or members of the Firm's senior management team from the Board. 2. For the avoidance of doubt: a) Written consent from the FCA under these requirements to appoint a new director will not constitute approval for that director to act as a senior management function holder and a Form A application would need to be submitted to the FCA for consideration as in the ordinary course of events. b) The governance restriction does not apply to the day-to-day operational activities of the Firm in the ordinary course of business including employing and dismissing individuals not forming part of the Firm's Board and senior management arrangements.
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.
Concerns on the company record
- Companies House records this company in liquidation, but it is still authorised on the FCA register.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 07030395 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 25 September 2009 (17 years old)
- Registered office
- C/O Rrs Department, S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG
- Nature of business
-
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Duncan Parsons | Director | Nov 1975 | 9 Sep 2010 | 16 other companies |
| Natalie Suzanne Pike | Director | Mar 1983 | 20 Jul 2015 | 16 other companies |
| Natalie Suzanne Pike | Secretary | Not published | 28 May 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
- 16
- closed down
- 2
- run together
- 16
In the full report: all 16 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 16 companies these 2 directors run together
- All 7 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£2.18m
+3.4% from £2.11m
Cash at bank
£1.46m
+39% from £1.05m
Employees (average)
55
+15% from 48
Owed within a year
£133k
+195% from £45.0k
Its next accounts are overdue at Companies House.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2019 to 2023
- The chart, over every year
- Every filed figure, year by year
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.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 07030395. 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
Psg Sipp’s history from the FCA register and Companies House, newest first.
2024
22 May 2024
- FCA imposed a requirement (The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the UK ...)
- FCA imposed a requirement (The Firm must not, without the prior written consent of the FCA)
FCA register
2023
26 June 2023
- Duncan Parsons gained significant control
- Natalie Suzanne Pike gained significant control
Companies House
2020
15 October 2020
- Donre Advisory Limited took control (75–100% of shares)
Companies House
14 October 2020
- Duncan Parsons stopped being a part-owner
- Michael Baker stopped being a part-owner
Companies House
2019
29 April 2019
- Duncan Parsons became a part-owner (25–50% of shares)
- Michael Baker became a part-owner (25–50% of shares)
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2012
4 September 2012
- FCA imposed a requirement (May control but not hold client money)
FCA register
2010
19 October 2010
- Regulated by the Financial Services Authority from this date
- Became authorised by the FCA
FCA register
2009
25 September 2009
- Incorporated at Companies House
Companies House
In the full report: all 29 events
- All 29 events in its history (14 shown here)
- Every director appointment and resignation: 12
Firms like Psg Sipp
Other firms of the same type (investment or fund manager), 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 Psg Sipp
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 16 other companies its directors have run, named
- 1 background check on its contact details, 1 flagged
- 5 years of accounts, charted
- All 29 events in its history
Instant PDF One-off payment Secure checkout by Stripe
Frequently asked questions about this firm
Is PSG SIPP Limited FCA authorised?
Is Psg Sipp a scam or clone?
Is my money safe with Psg Sipp?
Who owns Psg Sipp?
Who runs Psg Sipp?
How long has Psg Sipp been in business?
What do Psg Sipp’s latest accounts show?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk