Price:
Asking price: £380,000
Registration of changes & submission of the new owner for FCA approval: £10,000
Details:
May receive & transmit orders and/or give investment advice.
Unable to carry on any investment services and activities (to which MiFID applies) on a regular basis except reception and transmission of orders in relation to one or more financial instruments or investment advice
Suitable for servicing professional & B2B clients. Main activity has been fund raising for corporates.
Date of establishment: May 2018
Office location: registered office in Mayfair, London
Authorized and paid share capital: £60,000
Cash position: £45,000
Bank account: Metro Bank
A fully developed framework of corporate controls, risk management and money laundering prevention policies and procedures;
All regulatory reports filed on time, the company has not received any fines or penalties from the FCA and is in good standing.
Other information
Two directors of the company will facilitate change of control with the FCA and can stay in their roles after the closing of the transaction, if necessary and if there is reasonable compensation.
The owners are also open to JV if there is a partner who wants to develop the financial services business together as a shareholder of the company and/or upgrade the license.
FCA permissions are:
1.Advising on deals in investments:
2.Arranging (bringing about) deals in investments
3.Making arrangements with a view to transactions in investments
Investment Type:
- Binary Bet
- Certificates representing certain security
- Commodity Future
- Commodity option and option on commodity future
- Contract for Differences (excluding a spread bet and, a rolling spot forex contract and a binary bet)
- Debenture
- Future (excluding a commodity future and a rolling spot forex contract)
- Government and public security
- Option (excluding a commodity option and an option on a commodity future)
- Rights to or interests in investments (Contractually Based Investments)
- Rights to or interests in investments (Security)
- Rolling spot forex contract
- Share
- Spread Bet
- Unit
- Warrant
Customer Type: Eligible Counterparty, Professional
Limitation: Investment activity in “rights to or interests in investments (security)” and “rights to or interests in investments (contractually based investment)” is limited to the investment types granted for this activity.
Passports
The firm has Cross border passports for all 31 EEA member states.
Services authorised:
- A(1) Reception and transmission of orders in relation to one or more financial instruments;
- A(5) Investment advice;
- B(3) Advice to undertakings on capital structure, industrial strategy and related matters and advice and services relating to mergers and the purchase of undertakings;
- B(5) Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments.
Details: [email protected]
The information presented in this section is provided for general informational and B2B purposes only. Licensed or regulated companies listed here may be offered for sale by their respective owners or other third parties.
The Company does not sell, issue or provide licences, authorisations, registrations or the underlying regulated services. Any existing licence, registration, authorisation or regulatory status remains subject to applicable law and, where required, regulatory approval, notification, change-of-control, re-registration or other procedures imposed by the competent authority.
The Company acts solely as an independent provider of legal, consultancy and transaction support services and may assist with due diligence, transaction structuring, documentation, ownership transfer, re-registration and related legal or regulatory support.
No listing constitutes financial, investment or brokerage advice, or a guarantee that any licence or regulatory status may be transferred, maintained or used by a prospective purchaser.
