South Street Asset Management Limited

Reference number: 745266

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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 southstreetam.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 7258 8443 is
  • Who else gives the postcode W1G 9RL
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FCA permissions and consumer protection

  • Run or oversee funds 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 (2 permissions)
  • Establishing, operating or winding up a collective investment scheme
  • Managing an unauthorised AIF

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.
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • Small Authorised UK AIFM (Sub-Threshold)
    The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA

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 status
Active
Company type
Private limited company
Incorporated
6 March 2010 (16 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Real estate agencies (SIC 68310)

Directors and company secretaries

Name Role Born Appointed Other companies
Asif Rangoonwala Director Nov 1957 6 Mar 2010 42 other companies
Azam Rangoonwala Director Mar 1987 10 Jul 2018 2 other companies

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
42
closed down
31
went insolvent
1

In the full report: all 42 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 2 companies these 2 directors run together
  • All 4 people who have ever been directors, with their dates
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Key dates in its history

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

2016

18 December 2016

  • Asif Rangoonwala gained significant control

Companies House

1 November 2016

  • Regulated by the FCA from this date
  • FCA imposed a requirement (May control but not hold client money)
  • FCA imposed a requirement (Small Authorised UK AIFM (Sub-Threshold))
  • Became authorised by the FCA

FCA register

2010

6 March 2010

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (6 shown here)
  • Every director appointment and resignation: 6
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Firms connected to South Street Asset Management

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like South Street Asset Management

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 South Street Asset Management

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

  • 42 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 13 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is South Street Asset Management Limited FCA authorised?
Yes, South Street Asset Management Limited (FRN 745266) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2016 and works as an investment or fund manager. The FCA has placed a limit on what it may do.
What is South Street Asset Management’s phone number and website?
The FCA register lists the phone number 020 7258 8443 and the website southstreetam.co.uk for South Street Asset Management. If you were given different contact details, use these to check with the firm before going any further.
Is South Street Asset Management a scam or clone?
South Street 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 South Street Asset Management?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about South Street Asset Management to the Financial Ombudsman Service, free of charge.
Who owns South Street Asset Management?
Companies House lists one person with significant control of South Street Asset Management: Mr Asif Rangoonwala (significant influence or control).
Who runs South Street Asset Management?
Companies House lists 2 directors of South Street Asset Management: Asif Rangoonwala and Azam Rangoonwala.
How long has South Street Asset Management been in business?
The company was formed on 6 March 2010, and has held its current FCA authorisation since November 2016.

Sources and links

The full report on South Street Asset Management Limited

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