Waterspring Ventures Ltd: FCA regulated?

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.

Appointed for 4 years
Protected through the principal
No FCA actions
Active company since 2021
Accounts filed up to 30 November 2025
On its latest accounts it owed £520k more than it owned

Responsible principal firm

The Fund Incubator Limited Reference number: 208716 Authorised View firm →

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.
Waterspring Ventures Ltd (FRN 977010) is an AR of The Fund Incubator Limited (FRN 208716). When you use Waterspring Ventures's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Waterspring Ventures, 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.

Website

waterspring.vc (opens in a new tab)
Phone number

07590 464092
Address

4th Floor, 14 Museum Place, Cardiff, CF10 3BH, United Kingdom

In the full report: 3 background checks

When waterspring.vc first appeared online, and whether it can receive email
What kind of line 07590 464092 is
Who else gives the postcode CF10 3BH

FCA permissions and consumer protection

Protection through the principal firm
Protection works through The Fund Incubator 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 name: WATERSPRING VENTURES LIMITED
Company number: 13734175 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 10 November 2021 (4 years old)
Registered office: 4th Floor 14 Museum Place, Cardiff, CF10 3BH, Wales
Nature of business: Management consultancy activities other than financial management (SIC 70229)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Mark Ashley Huxtable	Director	Sep 1962	10 Nov 2021	8 other companies
Samuel John Huxtable	Director	Jul 1992	10 Nov 2021	None
Darran Huw Evans	Director	Feb 1964	23 Dec 2021	16 other companies
Michael James Owens	Director	Aug 1962	23 Dec 2021	3 other companies

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: 27
closed down: 6
still active: 21

In the full report: all 27 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
All 5 people who have ever been directors, with their dates

Filed accounts and finances

Year to 30 November 2025Full accountsNot audited

Net assets

−£520k

Down £40.6k from −£480k

Cash at bank

£40.0k

−50% from £80.4k

Owed within a year

£248k

−7.6% from £268k

Net assets are negative: on its last balance sheet the company owed £520k more than it owned.

Net assets

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 13734175. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Waterspring Ventures’s history from the FCA register and Companies House, newest first.

Key events (3) All events (9)

2022

8 June 2022

Became an appointed representative

FCA register

2021

10 November 2021

Incorporated at Companies House
Samuel John Huxtable became the majority owner (50–75% of shares)

Companies House

In the full report: all 9 events

All 9 events in its history (3 shown here)
Every director appointment and resignation: 6

Firms connected to Waterspring Ventures

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

connected firms: 5
share its postcode: 5

In the full report: all 5 connected firms, named

How each is linked: the same postcode (5)
Who links each one: the named directors, with dates

Firms like Waterspring Ventures

Other firms of the same type (investment or fund manager), nearest first.

In Cardiff

MV Partners LimitedCardiffAppointed representative Prometheus Tech LTDCardiffAppointed representative Lowndes Halsden & Partners LimitedCardiffAuthorised WestBridge Fund Managers LimitedCardiffAuthorised

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 Waterspring Ventures

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

27 other companies its directors have run, named
3 background checks on its contact details
All 9 events in its history
5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Waterspring Ventures Ltd FCA authorised?

Waterspring Ventures Ltd (FRN 977010) 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 Waterspring Ventures?

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. Waterspring Ventures Ltd (FRN 977010) is an AR of The Fund Incubator Limited (FRN 208716). When you use Waterspring Ventures's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Waterspring Ventures, 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 Waterspring Ventures’ phone number and website?

The FCA register lists the phone number 07590 464092 and the website waterspring.vc for Waterspring Ventures. If you were given different contact details, use these to check with the firm before going any further.

Is Waterspring Ventures a scam or clone?

Waterspring Ventures 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 Waterspring Ventures?

Protection works through The Fund Incubator Limited, the principal firm responsible for Waterspring Ventures's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Waterspring Ventures?

Companies House lists one person with significant control of Waterspring Ventures: Mr Samuel John Huxtable (50–75% of shares).

Who runs Waterspring Ventures?

Companies House lists 4 directors of Waterspring Ventures: Mark Ashley Huxtable, Samuel John Huxtable, Darran Huw Evans and Michael James Owens.

How long has Waterspring Ventures been in business?

The company was formed on 10 November 2021.

What do Waterspring Ventures’ latest accounts show?

Its latest accounts, to 30 November 2025, show net assets of −£520k (down £40.6k from −£480k) and cash at bank of £40.0k (−50% from £80.4k).