Openseed Ventures Ltd

Reference number: 1004897

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Appointed representative

This firm does not hold FCA authorisation of its own. It acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

PLUG CAPITAL LTD Reference number: 1048102 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.
  • Openseed Ventures Ltd (FRN 1004897) is an AR of PLUG CAPITAL LTD (FRN 1048102). When you use Openseed Ventures's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Openseed 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.

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.

Also trades as
  • Openseed

Company details

From the company's Companies House record.

Company number
15009474
Company status
Active
Company type
Private limited company
Incorporated
18 July 2023 (3 years old)
Registered office
Suite 27 8 Shepherd Market Mayfair, London, W1J 7JY, United Kingdom
Nature of business
  • Combined office administrative service activities (SIC 82110)
  • Other business support service activities not elsewhere classified (SIC 82990)
  • Other service activities not elsewhere classified (SIC 96090)

Current directors and secretaries

Name Role Born Appointed
Maria Oluwafunmike Rotilu Director Sep 1990 4 Oct 2023

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through PLUG CAPITAL LTD, 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: 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.

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Common questions

Frequently asked questions

Is Openseed Ventures Ltd FCA authorised?
Openseed Ventures Ltd (FRN 1004897) 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 Openseed 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. Openseed Ventures Ltd (FRN 1004897) is an AR of PLUG CAPITAL LTD (FRN 1048102). When you use Openseed Ventures's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Openseed 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.
Is my money safe with Openseed Ventures?
Protection works through PLUG CAPITAL LTD, the principal firm responsible for Openseed Ventures's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Openseed Ventures a scam or clone?
Openseed Ventures 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 Openseed Ventures's Firm Reference Number (FRN)?
Openseed Ventures's FRN is 1004897. You can verify it on the FCA register.