Sgm - Foreign Exchange Limited: FCA regulated?

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Authorised for 1 year
Your funds are safeguarded
No FCA actions
Active company since 2002
Accounts filed up to 31 March 2025
1 thing worth a closer look in the background checks

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.

Website

sgm-fx.com (opens in a new tab)
Phone number

020 7220 1740
Address

41 Eastcheap, London, EC3M 1DT, United Kingdom

In the full report: 3 background checks, 1 thing worth a closer look

When sgm-fx.com first appeared online, and whether it can receive email
What kind of line 020 7220 1740 is
Whether EC3M 1DT is a shared office: 21 other firms give it

FCA permissions and consumer protection

Handle payments & transfers Funds safeguarded
Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
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 (9 permissions)

a) Services enabling cash placement on a payment account
b) Services enabling cash withdrawals from a payment account
c) Execution of payment transactions (not covered by a credit line)
d) Execution of payment transactions (covered by a credit line)
e) Issuing payment instruments or acquiring payment transactions
f) Money remittance
h) Issuing Electronic Money
i) Payment initiation services
j) Account information services

Limits on what they may do

Agents and distributors

The firm will not onboard any agents or use any distributors.

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: 04529539 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 9 September 2002 (24 years old)
Registered office: Matches the FCA register address ✓
Nature of business: Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Humphrey Richard Percy	Director	Oct 1956	10 Oct 2002	None
Mireille Percy	Director	Aug 1973	12 Aug 2021	1 other company
Charles Michael Porter	Director	Oct 1994	12 Aug 2021	2 other companies
Jamie Peter Kenneth Pritchard	Director	Sep 1989	12 Aug 2021	None
William John Purdy	Director	May 1962	3 Jan 2024	4 other companies
Constantine Thanassoulas	Director	Nov 1952	3 Jan 2024	None

Other companies run by these 6 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: 3
still active: 4

In the full report: all 7 companies, named

What each company does, and whether it is still trading
Which of these 6 directors sit on each board, and since when
Any that went into liquidation or administration
All 9 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 March 2025Full accountsAudited

Net assets

£2.42m

+9% from £2.22m

Cash at bank

£2.11m

−5.9% from £2.24m

Employees (average)

20

+33% from 15

Owed within a year

£857k

−6.4% from £915k

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 6 years of accounts

Every year from 2020 to 2025
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.

Accounts filed at Companies House for company 04529539. 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

Sgm - Foreign Exchange’s history from the FCA register and Companies House, newest first.

Key events (5) All events (15)

2025

3 April 2025

Regulated by the FCA from this date
FCA imposed a requirement (Agents and distributors)
Became an authorised e-money institution

FCA register

2016

6 April 2016

Humphrey Richard Percy took control (75–100% of shares)

Companies House

2002

9 September 2002

Incorporated at Companies House

Companies House

In the full report: all 15 events

All 15 events in its history (5 shown here)
Every director appointment and resignation: 10

Firms like Sgm - Foreign Exchange

Other firms of the same type (payment or money transfer firm), nearest first.

In London

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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 Sgm - Foreign Exchange

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, 1 flagged
6 years of accounts, charted
All 15 events in its history

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Frequently asked questions about this firm

Is Sgm - Foreign Exchange Limited FCA authorised?

Yes, Sgm - Foreign Exchange Limited (FRN 1012490) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2025 and works as a payment or money transfer firm. The FCA has placed a limit on what it may do.

What is Sgm - Foreign Exchange’s phone number and website?

The FCA register lists the phone number 020 7220 1740 and the website sgm-fx.com for Sgm - Foreign Exchange. If you were given different contact details, use these to check with the firm before going any further.

Is Sgm - Foreign Exchange a scam or clone?

Sgm - Foreign Exchange 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 Sgm - Foreign Exchange?

It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Sgm - Foreign Exchange to the Financial Ombudsman Service, free of charge.

Who owns Sgm - Foreign Exchange?

Companies House lists one person with significant control of Sgm - Foreign Exchange: Mr Humphrey Richard Percy (75–100% of shares).

Who runs Sgm - Foreign Exchange?

Companies House lists 6 directors of Sgm - Foreign Exchange: Humphrey Richard Percy, Mireille Percy, Charles Michael Porter, Jamie Peter Kenneth Pritchard, William John Purdy and Constantine Thanassoulas.

How long has Sgm - Foreign Exchange been in business?

The company was formed on 9 September 2002, and has held its current FCA authorisation since April 2025.

What do Sgm - Foreign Exchange’s latest accounts show?

Its latest accounts, to 31 March 2025, show net assets of £2.42m (+9% from £2.22m) and cash at bank of £2.11m (−5.9% from £2.24m).