I have no idea how work the Startup in England, but they are claiming to be so. I'm finding no proof of this, even from them.
Our company registration just went through today actually. We'll follow up on our site with more details in around a week, you can check at the following link.
http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo
We ourselves would only recommend to store funds on an exchange for trading only, otherwise keep it in your wallet.
mintpal is full of shitcoin
Thank you for that wonderful feedback.
Mintpal is corrupt
Looking forward to hearing how.
I stopped using mintpal since I once saw something really strange. I had an open sell order, and I saw some one bought my sell order and some of the sell orders above me. And this all was visible in the transaction history, where you can see the buys & sells that people made. Then suddenly everything changed, my sell order and other sell orders that were bought by some one now again appeared as open sell order section, like nothing has happened. This is very weird, my coins were sold, I had the BTC in my balance, then my BTC balance was gone, and I had my coins back. 
This is simply not possible and not true.
Looks like the haters are out in full force today trying to spread FUD.