Virgin Red Limited

Reference number: 947141

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Virgin Red Limited (FRN 947141) is an AR of Cycle Solutions (Cycle to Work) Limited (FRN 722968). When you use Virgin Red's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Virgin Red, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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 virginred.com first appeared online, and whether it can receive email
  • What kind of line 07930 543525 is
  • Who else gives the postcode W1T 2NS
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Cycle Solutions (Cycle to Work) Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

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
30 July 2018 (8 years old)
Registered office
Whitfield Studios, 50a Charlotte Street, London, W1T 2NS, United Kingdom
Nature of business
  • Other professional, scientific and technical activities not elsewhere classified (SIC 74909)

Directors and company secretaries

Name Role Born Appointed Other companies
Peter Michael Russell Norris Director Mar 1955 19 Aug 2018 9 other companies
Ian Philip Woods Director Sep 1974 19 Aug 2018 71 other companies
Joshua Bayliss Director Apr 1973 1 Nov 2018 9 other companies
Perry A. Cantarutti Director Aug 1964 16 Oct 2019 None
Andrea Lisa Burchett Director Oct 1968 26 Sep 2023 4 other companies
Joshua Kaehler Director Jan 1985 20 Oct 2025 None
Juha Tapio Jaervinen Director Feb 1976 1 Jan 2026 10 other companies
Sarah Susan Mumford Secretary Not published 1 Apr 2019 –
Claire Ruth Vertel Vile Secretary Not published 24 Oct 2022 –

Other companies run by these 7 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
83
closed down
40
went insolvent
1

In the full report: all 83 companies, named

  • What each company does, and whether it is still trading
  • Which of these 7 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 5 on the FCA register
  • The 12 companies these 7 directors run together
  • All 21 people who have ever been directors, with their dates
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Key dates in its history

Virgin Red’s history from the FCA register and Companies House, newest first.

2021

15 December 2021

  • Delta Air Lines Inc. stopped being a part-owner

Companies House

15 March 2021

  • Became an appointed representative

FCA register

2019

31 December 2019

  • Richard Charles Nicholas Branson stopped being the majority owner
  • Virgin Holdings Limited took control (75–100% of shares)

Companies House

29 March 2019

  • Delta Air Lines Inc. became a part-owner (25–50% of shares)
  • Richard Charles Nicholas Branson became the majority owner (50–75% of shares)
  • Virgin Atlantic Airways Limited gave up control
  • Virgin Atlantic Limited gave up control
  • Virgin Atlantic Limited took control (75–100% of shares)
  • Virgin Atlantic Two Limited gave up control
  • Virgin Atlantic Two Limited took control (75–100% of shares)
  • Virgin Travel Group Limited gave up control
  • Virgin Travel Group Limited took control (75–100% of shares)

Companies House

2018

20 August 2018

  • Bibi Rahima Ally gave up control
  • Virgin Atlantic Airways Limited took control (75–100% of shares)

Companies House

30 July 2018

  • Incorporated at Companies House
  • Bibi Rahima Ally took control (75–100% of shares)

Companies House

In the full report: all 63 events

  • All 63 events in its history (17 shown here)
  • Every director appointment and resignation: 45
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Firms connected to Virgin Red

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

connected firms
7
share a director
5
share its postcode
4

In the full report: all 7 connected firms, named

  • How each is linked: shared directors (5), the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like Virgin Red

Other firms of the same type (credit broker), 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 Virgin Red

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

  • 83 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 63 events in its history
  • 7 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Virgin Red Limited FCA authorised?
Virgin Red Limited (FRN 947141) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Virgin Red?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Virgin Red Limited (FRN 947141) is an AR of Cycle Solutions (Cycle to Work) Limited (FRN 722968). When you use Virgin Red's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Virgin Red, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Virgin Red’s phone number and website?
The FCA register lists the phone number 07930 543525 and the website virginred.com for Virgin Red. If you were given different contact details, use these to check with the firm before going any further.
Is Virgin Red a scam or clone?
Virgin Red 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 Virgin Red?
Protection works through Cycle Solutions (Cycle to Work) Limited, the principal firm responsible for Virgin Red's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Virgin Red?
Virgin Red is owned by Virgin Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 31 December 2019. Before that, it was controlled by Sir Richard Charles Nicholas Branson, Virgin Travel Group Limited and Virgin Atlantic Limited.
Who runs Virgin Red?
Companies House lists 7 directors of Virgin Red: Peter Michael Russell Norris, Ian Philip Woods, Joshua Bayliss, Perry A. Cantarutti, Andrea Lisa Burchett, Joshua Kaehler and 1 more.
How long has Virgin Red been in business?
The company was formed on 30 July 2018.

Sources and links

The full report on Virgin Red Limited

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