VGC Partners LLP

Reference number: 602730

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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, 1 thing worth a closer look

  • When vgcp.co.uk first appeared online, and whether it can receive email
  • What kind of line 07771 881991 is
  • Who else gives the postcode W1H 6DU
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Other names (2)

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

  • Twenty Ten Capital LLP Former name: A name it was registered under before.
  • Velos Partners (EMEA) LLP Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments · 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.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • 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)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Making arrangements with a view to transactions in investments
  • Managing an unauthorised AIF

Limits on what they may do

  • Venture Capital Business Only
    The firm must not conduct designated investment business other than Venture Capital business.
  • 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
Limited liability partnership
Incorporated
31 October 2011 (14 years old)
Registered office
2 Portman Street, Portman House, London, W1H 6DU, England

Directors and company secretaries

Name Role Born Appointed Other companies
Parminder Singh Basran LLP designated member Jul 1978 31 Oct 2011 21 other companies
Henry William Chamberlain LLP designated member Mar 1980 11 Aug 2018 None

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
21
closed down
7
still active
14

In the full report: all 21 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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2023Full accountsAudited

Employees (average)

8

+33% from 6

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 OC369340. Figures are exactly as filed; nothing is estimated.

Key dates in its history

VGC Partners’s history from the FCA register and Companies House, newest first.

2018

28 February 2018

  • Changed its registered name from "Velos Partners (EMEA) LLP"

FCA register

2017

8 November 2017

  • FCA imposed a requirement (Venture Capital Business Only)

FCA register

2016

22 August 2016

  • FCA imposed a requirement (May control but not hold client money)
  • FCA imposed a requirement (Small Authorised UK AIFM (Sub-Threshold))

FCA register

6 April 2016

  • Parminder Basran gained significant control

Companies House

2015

26 March 2015

  • Changed its registered name from "Twenty Ten Capital LLP"

FCA register

2014

11 February 2014

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

FCA register

2011

31 October 2011

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (9 shown here)
  • Every director appointment and resignation: 4
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Firms like VGC Partners

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 VGC Partners

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

  • 21 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 15 events in its history

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Frequently asked questions about this firm

Is VGC Partners LLP FCA authorised?
Yes, VGC Partners LLP (FRN 602730) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2014 and works as an investment or fund manager. The FCA has placed 2 limits on what it may do.
What is VGC Partners’ phone number and website?
The FCA register lists the phone number 07771 881991 and the website vgcp.co.uk for VGC Partners. If you were given different contact details, use these to check with the firm before going any further.
Is VGC Partners a scam or clone?
VGC Partners 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 VGC Partners?
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 VGC Partners to the Financial Ombudsman Service, free of charge.
Who owns VGC Partners?
Companies House lists one person with significant control of VGC Partners: Mr Parminder Basran (can appoint and remove the board).
Who runs VGC Partners?
Companies House lists 2 directors of VGC Partners: Parminder Singh Basran and Henry William Chamberlain.
How long has VGC Partners been in business?
The company was formed on 31 October 2011, and has held its current FCA authorisation since February 2014.
What do VGC Partners’ latest accounts show?
Does VGC Partners use any other names?
It has previously used 2 other names: Twenty Ten Capital LLP and Velos Partners (EMEA) LLP.

Sources and links

The full report on VGC Partners LLP

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