NEL Fund Managers Limited

Reference number: 148550

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

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.

  • Verified website

    nel.co.uk

  • Verified phone number

    0345 369 7007

  • Verified address

    Unit 4, Enterprise House, Kingsway, Team Valley Trading Estate, Gateshead, Tyne and Wear, NE11 0SR, United Kingdom

Company details

From the company's Companies House record.

Company number
02564907
Company status
Active
Company type
Private limited company
Incorporated
3 December 1990 (35 years old)
Registered office
4 Enterprise House, Kingsway, Team Valley Trading Estate, Gateshead, NE11 0SR, England
Nature of business
  • Fund management activities (SIC 66300)

Current directors and secretaries

Name Role Born Appointed
Graham Simon Thrower Director Dec 1966 3 May 2018
Jonathan Swinhoe Luke Director Oct 1968 1 Apr 2022
Trevor Vaughan Castledine Director Feb 1969 1 Apr 2024
Judith Barbara Hartley Director Nov 1965 1 Apr 2024
Paul Scott Director Dec 1969 9 May 2024
Dawn Isa Chambers Secretary Not published 20 Feb 2015

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments · Run or oversee funds FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.

    Check your FSCS cover →

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
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  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Dealing in investments as agent
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Establishing, operating or winding up a collective investment scheme
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Making arrangements with a view to transactions in investments
  • Managing an unauthorised AIF
  • Managing investments

Limits on what they may do

  • Venture Capital & Corporate Finance Business Only
    The firm must not conduct designated investment business other than Venture Capital and Corporate Finance business.
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • Small Authorised UK AIFM (Sub-Threshold)
    The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Previously registered as

The FCA register holds 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • NEL Fund Management Group Limited
  • Northern Enterprise Limited

Names it no longer trades under

This firm has retired 3 trading names. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired names
  • Evolve Finance
  • Insight Capital
  • NEL Capital

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Common questions

Frequently asked questions

Is NEL Fund Managers Limited FCA authorised?
Yes, NEL Fund Managers Limited (FRN 148550) is authorised by the FCA to carry out regulated activities.
Is my money safe with NEL Fund Managers?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about NEL Fund Managers to the Financial Ombudsman Service, free of charge.
Is NEL Fund Managers a scam or clone?
NEL Fund Managers is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is NEL Fund Managers's Firm Reference Number (FRN)?
NEL Fund Managers's FRN is 148550. You can verify it on the FCA register.