Frequently Asked Questions
If you have a financial adviser, they should be your first point of contact. However, if you wish to speak with Deepbridge directly please do not hesitate to call the Deepbridge Investor Relations Team.
Tel: 01244 746000
Please note that Deepbridge is not authorised to provide financial advice.
Funds are usually deployed twice a year, so depending on the time of the investment your funds will usually be deployed within approximately 6 months of us receiving their investment.
Please note this is not a guarantee, but merely a guideline.
For each investee company you will receive an SEIS3 certificate. Once you have this you may then claim your potential tax reliefs. Ordinarily SEIS3s will be provided approximately 9-12 months after your funds are deployed. However, please note that this can take longer.
You will normally claim SEIS tax relief when you complete your tax return. You will be asked some information which is included in your SEIS3 certificates.
SEIS3 contain certain information, which you will need:
- The name of the company in which they have invested;
- The amount they have subscribed and on which they can claim tax relief;
- The date the shares were issued (this is usually different from the date they invested); and
- UIR Number.
Alternatively, you could complete the SEIS3 claim form you receive and send it to your HMRC tax office.
There are some circumstances when you should use this method. These include:
- if you want to claim the tax relief against a previous year. This could be the case if you wish to use “carry back” or if you didn’t receive your SEIS3 certificate in time for the tax return deadline.
- if you pay tax via PAYE and want to receive the tax relief through an adjustment of your tax code – this might be an option if you have invested in SEIS and received your SEIS3 certificate early in the tax year. You will also have to enter details of the claim when you file your tax return.
- if you want to claim deferral relief as well as income tax relief.
The Investee Companies in the Deepbridge SEIS have each received advance assurance from the HMRC for SEIS purposes. SEIS tax reliefs are subject to the personal circumstances of each investor.
If any of the Investee Companies cease to carry on business of the type prescribed for SEIS Qualifying Companies during the three-year period, this could prejudice their qualifying status under the Deepbridge SEIS. If Deepbridge does not comply with the rules in relation to utilisation of the invested funds with the applicable time limits then this again could prejudice its qualifying status under SEIS.
The consequences of any of the Investee Companies ceasing to qualify for SEIS purposes could include withdrawal of any tax reliefs already received by an Investor (including repayment for example of any income tax relief to HMRC) and the loss of any future SEIS reliefs.
Deepbridge employs strict investment criteria in preparing and reviewing the investment opportunities it sources from its wide dealflow network. Generally, Deepbridge seeks investment opportunities that exhibit the following qualities:
- Be disruptive to existing markets or be creating new markets.
- Highly innovative with a clear USP, and clearly distinguishable from existing market competitors
- Robust intellectual property which may provide patented or patentable IP protection
- Energetic and experienced founding team
- Companies must be growing with demonstrable customer interest and market traction
- Product or service must be able to service vertical and possibly lateral markets
- Product or service should be scalable and have the potential to be global
- HMRC Advance Assurance received before deployment into companies.
Deepbridge Advisers is not authorised to hold client money or securities. In order to make things simple and cost effective, Kin Capital Partners are appointed as the professional administrator and custodian for your Subscription. Kin Capital Partners is authorised and regulated by the Financial Conduct Authority.
Please contact our Investor Relations Team on:
Tel: 01244 746000
Deepbridge is currently developing an online platform designed to allow advisers and investors online access to their portfolio. We aim to launch this proposition in the coming months and will be in touch when this service is available.
In the meantime, please contact our Investor Relations Team.
Tel: 01244 746000
Deepbridge provides investors with a quarterly valuation statement. These valuation statements will contain details of all of the holdings and will outline the following, for each company your client is invested in:
- Their original subscription amount;
- Their number of allocated shares;
- The current share prices; and
- Overall current value of their shares.
Deepbridge aims to provide investors with an annual investor report, detailing the progress of the underlying Investee Companies.
An investment into a Deepbridge EIS fund should be considered a medium to long term investment. The participations in the Deepbridge EIS will not be listed or traded on any exchange and are unlikely to be transferable and as such are illiquid investments.
Exit events will be sought at the earliest opportunity after the third anniversary of the investment made, but we cannot make any specific promises on when exactly this may be. It could take up to seven years, or longer, for a portfolio to fully exit. Time frames on guiding a company to a successful exit could vary widely from company to company, across all our portfolios. Investments are illiquid and therefore it may be difficult to predict when an exit may take place and there can be no guarantee that an exit will ever take place.
Please call us on 01244 746000 or email firstname.lastname@example.org to request a brochure and we can send you a copy via email or through the post.
You can also download all our product brochures from our website.
Please note that you should seek advice from your financial adviser prior to making any investment decisions.
Deepbridge has established procedures in accordance with the FCA Rules for consideration of complaints. Details of these procedures are available on request. Should an investor have a complaint, they should contact Deepbridge.
You can call us on 01244 746000 or send an email to email@example.com
If Deepbridge cannot resolve the complaint to the satisfaction of the investor, the investor may be entitled to refer it to the Financial Ombudsman Service.
The Financial Ombudsman can be contacted on 0800 023 4567 or by email at: