Vitesse PSP Limited

Reference number: 900646

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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 vitesse.io first appeared online, and whether it can receive email
  • What kind of line 020 3051 5612 is
  • Who else gives the postcode EC4V 6RN
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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 (8 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
  • g) Execution of payment transactions via telecoms, IT system or network operator
  • h) Issuing Electronic Money

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
25 March 2013 (13 years old)
Registered office
9th Floor 107 Cheapside, London, EC2V 6DN, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul Townsend Director Jul 1963 25 Mar 2013 1 other company
Phillip James Mcgriskin Director Jan 1974 5 May 2016 4 other companies
Andrew Paul Gregson Director Jun 1963 1 Jan 2025 3 other companies
Mark Edward O'Brien Director Apr 1971 1 Jan 2025 1 other company
OHS SECRETARIES LIMITED Corporate secretary Not published 28 Jan 2020 –

Other companies run by these 4 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
8
closed down
2
is FCA-registered
1

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 1 company these 4 directors run together
  • All 10 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2024Group accountsAudited

Turnover

£24.8m

No earlier figure to compare

Profit before tax

£630k

No earlier figure to compare

Net assets

£17.3m

No earlier figure to compare

Cash at bank

£426.1m

No earlier figure to compare

* Cash at bank usually includes customers’ money.

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.

These are group figures: the firm and the companies it owns, combined.

Accounts filed at Companies House for company 08461258. Figures are exactly as filed; nothing is estimated.

Key dates in its history

Vitesse PSP’s history from the FCA register and Companies House, newest first.

2024

30 September 2024

  • Vitesse Holdings Ltd took control (75–100% of shares)

Companies House

2023

16 March 2023

  • Sake Bosch stopped being a part-owner

Companies House

2022

31 October 2022

  • Sake Bosch became a part-owner (25–50% of shares)

Companies House

2018

16 April 2018

  • Regulated by the FCA from this date
  • No longer regulated by the FCA
  • Became an authorised e-money institution

FCA register

2017

25 March 2017

  • Christopher James Palmer gained significant control
  • Christopher James Palmer no longer has significant control
  • Paul Townsend gained significant control
  • Paul Townsend no longer has significant control
  • Phillip McGriskin gained significant control
  • Phillip McGriskin no longer has significant control
  • Stefan Burkwood gained significant control
  • Stefan Burkwood no longer has significant control

Companies House

2016

1 November 2016

  • Regulated by the FCA from this date

FCA register

2013

25 March 2013

  • Incorporated at Companies House

Companies House

In the full report: all 36 events

  • All 36 events in its history (16 shown here)
  • Every director appointment and resignation: 20
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Firms connected to Vitesse PSP

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

connected firm
1
share a director
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Vitesse PSP

Other firms of the same type (payment or money transfer firm), 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 Vitesse PSP

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 36 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Vitesse PSP Limited FCA authorised?
Yes, Vitesse PSP Limited (FRN 900646) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Vitesse PSP’s phone number and website?
The FCA register lists the phone number 020 3051 5612 and the website vitesse.io for Vitesse PSP. If you were given different contact details, use these to check with the firm before going any further.
Is Vitesse PSP a scam or clone?
Vitesse PSP 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 Vitesse PSP?
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 Vitesse PSP to the Financial Ombudsman Service, free of charge.
Who owns Vitesse PSP?
Vitesse PSP is owned by Vitesse Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 30 September 2024. Before that, it was controlled by Mr Stefan Burkwood, Mr Christopher James Palmer and Mr Phillip McGriskin.
Who runs Vitesse PSP?
Companies House lists 4 directors of Vitesse PSP: Paul Townsend, Phillip James McGriskin, Andrew Paul Gregson and Mark Edward O'Brien.
How long has Vitesse PSP been in business?
The company was formed on 25 March 2013, and has held its current FCA authorisation since April 2018.
What do Vitesse PSP’s latest accounts show?
Its latest accounts, to 31 March 2024, show turnover of £24.8m (no earlier figure to compare) and profit before tax of £630k (no earlier figure to compare).

Sources and links

The full report on Vitesse PSP Limited

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