West City Properties Limited: FCA regulated?

On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

Registered for 14 years
No FCA actions
Active company since 1973

What does this mean?

Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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

westcity.co.uk (opens in a new tab)
Phone number

020 7535 5242
Address

46 Blandford Street, London, W1U 7HT, United Kingdom

In the full report: 3 background checks

When westcity.co.uk first appeared online, and whether it can receive email
What kind of line 020 7535 5242 is
Who else gives the postcode W1U 7HT

Past FCA permissions and consumer protection

Money-laundering registration only
This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated 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.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number: 01110686 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 30 April 1973 (53 years old)
Registered office: 5 New Street Square, London, EC4A 3TW
Nature of business: Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Ira Sheldon Rapp	Director	Mar 1959	1 Jul 1993	64 other companies
Michael Joel Tannenbaum	Director	Sep 1959	Not published	73 other companies
Michael Joel Tannenbaum	Secretary	Not published	Not published	73 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: 79
closed down: 47
run together: 58

In the full report: all 79 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
The 58 companies these 2 directors run together
All 7 people who have ever been directors, with their dates

Key dates in its history

West City Properties’s history from the FCA register and Companies House, newest first.

Key events (3) All events (11)

2016

6 April 2016

Candice Limited took control (75–100% of shares)

Companies House

2012

24 October 2012

Registered with the FCA

FCA register

1973

30 April 1973

Incorporated at Companies House

Companies House

In the full report: all 11 events

All 11 events in its history (3 shown here)
Every director appointment and resignation: 8

Get the full report on West City Properties

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

79 other companies its directors have run, named
3 background checks on its contact details
All 11 events in its history

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Frequently asked questions about this firm

Is West City Properties Limited FCA authorised?

West City Properties Limited (FRN 588686) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.

What is West City Properties’ phone number and website?

The FCA register lists the phone number 020 7535 5242 and the website westcity.co.uk for West City Properties. If you were given different contact details, use these to check with the firm before going any further.

Is West City Properties a scam or clone?

West City Properties is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.

Is my money safe with West City Properties?

Money you hand to West City Properties is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

Who owns West City Properties?

West City Properties is owned by Candice Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.

Who runs West City Properties?

Companies House lists 2 directors of West City Properties: Ira Sheldon Rapp and Michael Joel Tannenbaum.

How long has West City Properties been in business?

The company was formed on 30 April 1973.