Wellesley & Co Limited

Reference number: 631197

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Scammers have impersonated this firm. The FCA has published 1 warning naming the fake phone numbers, emails and websites they used. See the warnings →

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 3201 8000

  • Address

    25A Farringdon Street, London, City Of London, EC4A 4AB, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 3201 8000 is, and the other firm that gives it
  • Who else gives the postcode EC4A 4AB
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Warning

Scammers have impersonated this firm

Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.

Fake phone numbers (3)
  • 020 3745 1015
  • 0800 862 0258
  • 0800 862 0738
Fake email addresses (2)
  • info@wellesley-co.com
  • info@wellesleypropertygroup.com
Fake websites (1)
  • wellesleypropertygroup.com
The FCA warning these came from

Scammers change these details often. Always check the live FCA warning.

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 (4 permissions)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Making arrangements with a view to transactions in investments
  • Safeguarding and administration of assets (without arranging)

Limits on the record

  • Wellesley & Company Limited must not promote or arrange any new investments and must not take any action which has, or may have, the effect of disposing of, dealing with or diminishing the value of any of its assets.
    1. Wellesley must not promote or arrange any new investments regardless of medium. This includes not approving or publishing any new financial promotions. 2. Wellesley must not take any action which has, or may have, the effect of disposing of, dealing with or diminishing the value of any of its assets without the prior written consent of the FCA, save to the extent necessary to support any CVA process impacting Wellesley and/ or other Group entities. For the avoidance of doubt, this is an assets requirement within the meaning of section 55P of FSMA. 3. This requirement does not prohibit Wellesley from dealing with or disposing of any of its assets in the ordinary and proper course of business. 4. For the avoidance of doubt, the following payments are not in the ordinary course of business: a) Unusual or significant payments to Wellesley’s shareholders, employees, officers or directors, or any persons connected thereto; b) Payments to Group entities except those that support expected redemptions and drawdowns; c) bonuses of any kind; d) the making of any gift by Wellesley to any party; e) the making of any capital distribution or dividend; f) payments made as part of a financial restructuring or re-organisation of its business.

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.

The clone warnings above are scammers using this firm's name, not something the firm has done.

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 number
07981279
Company status
Administration
Company type
Private limited company
Incorporated
8 March 2012 (14 years old)
Registered office
C/O Rsm Uk Restructuring Advisory Llp, 25 Farringdon Street, London, EC4A 4AB
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Garret Graham The Earl Of Cowley Director Mar 1965 14 Dec 2012 26 other companies
Andrew Joseph John Turnbull Director Sep 1981 1 May 2013 26 other companies

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
36
closed down
26
went insolvent
3

In the full report: all 36 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The 3 that went into liquidation or administration
  • The one on the FCA register
  • The 16 companies these 2 directors run together
  • All 17 people who have ever been directors, with their dates
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Key dates in its history

Wellesley & Co’s history from the FCA register and Companies House, newest first.

Key events (6) All events (39)

2020

10 September 2020

  • FCA imposed a requirement (Wellesley & Company Limited must not promote or arrange any new investments and must not take any action which has, or may have, the effect of disposing of, dealing with or diminishing the value of any of its assets.)

FCA register

2019

10 June 2019

  • FCA warned the public about a scam impersonating this firm

FCA warning list

15 February 2019

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

FCA register

2016

6 April 2016

  • Wellesley Group Limited took control (75–100% of shares)

Companies House

2012

8 March 2012

  • Incorporated at Companies House

Companies House

In the full report: all 39 events

  • All 39 events in its history (6 shown here)
  • Every director appointment and resignation: 32
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Firms connected to Wellesley & Co

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

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
  • 1 past link through former directors
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Firms like Wellesley & Co

Other firms of the same type (investment platform or stockbroker), nearest first.

In London

Wise Assets UK LtdLondonAuthorisedOANDA Europe LimitedLondonAuthorisedCapital Com (UK) LimitedLondonAuthorisedTrading 212 UK LimitedLondonAuthorisedCMC Markets UK PLCLondonAuthorisedInteractive Brokers (U.K.) LimitedLondonAuthorised

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 Wellesley & Co

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

  • 36 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 39 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Wellesley & Co Limited FCA authorised?
Yes, Wellesley & Co Limited (FRN 631197) 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 February 2019 and works as an investment platform or stockbroker. The FCA has placed a limit on what it may do.
What is Wellesley & Co’s phone number?
The FCA register lists the phone number 020 3201 8000 for Wellesley & Co. 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 one other FCA firm.
Is Wellesley & Co a scam or clone?
Scammers have impersonated Wellesley & Co: the FCA has published a warning about fake versions of it, using contact details that are not the firm's. Only trust the details the FCA register gives for Wellesley & Co, shown on this page.
Is my money safe with Wellesley & Co?
Wellesley & Co 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 owns Wellesley & Co?
Wellesley & Co is owned by Wellesley Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Wellesley & Co?
Companies House lists 2 directors of Wellesley & Co: Garret Graham The Earl Of Cowley and Andrew Joseph John Turnbull.
How long has Wellesley & Co been in business?
The company was formed on 8 March 2012. Companies House now lists it as administration.

Sources and links

The full report on Wellesley & Co Limited

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