Telesto Markets LLP

Reference number: 609226

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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.

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

  • Phone number

    020 7382 4940

  • Address

    12th Floor, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 7382 4940 is, and the 2 other firms that give it
  • Who else gives the postcode EC2A 2EW
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Past FCA permissions and consumer protection

  • In an insolvency process
    Money 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 (2 permissions)
  • Arranging safeguarding and administration of assets
  • Safeguarding and administration of assets (without arranging)

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 administration, 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 status
Administration
Company type
Limited liability partnership
Incorporated
10 October 2013 (13 years old)
Registered office
7 More London Riverside, London, SE1 2RT

Directors and company secretaries

Name Role Born Appointed Other companies
SOLO GROUP (HOLDINGS) LIMITED Corporate LLP designated member Not published 2 Feb 2015 2 other companies

Other companies run by its director

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
2
closed down
1
went insolvent
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • The one that went into liquidation or administration
  • The one on the FCA register
  • All 7 people who have ever been directors, with their dates
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Key dates in its history

Telesto Markets’s history from the FCA register and Companies House, newest first.

2014

27 August 2014

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2013

10 October 2013

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (3 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Telesto Markets

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

connected firms
2
share its phone number
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same phone number (2), the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Telesto Markets

Other firms of the same type (investment platform or stockbroker), 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 Telesto Markets

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

  • 2 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 12 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Telesto Markets LLP FCA authorised?
Yes, Telesto Markets LLP (FRN 609226) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since August 2014 and works as an investment platform or stockbroker. The FCA has placed no limits on its permissions.
What is Telesto Markets’ phone number?
The FCA register lists the phone number 020 7382 4940 for Telesto Markets. 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 2 other FCA firms.
Is Telesto Markets a scam or clone?
Telesto Markets 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 Telesto Markets?
Telesto Markets is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who runs Telesto Markets?
Companies House lists one director of Telesto Markets: Solo Group (Holdings) Limited.
How long has Telesto Markets been in business?
The company was formed on 10 October 2013. Companies House now lists it as administration.

Sources and links

The full report on Telesto Markets LLP

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