Ambasna Wealth Solutions LLP

Reference number: 214921

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Appointed representative

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

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.
  • Ambasna Wealth Solutions LLP (FRN 214921) is an AR of Openwork Limited (FRN 408285). When you use Ambasna Wealth Solutions's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Ambasna Wealth Solutions, 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.

Website, phone number and address

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.

  • No website on the FCA register

  • Phone number

    020 3750 9980

  • Address

    6 Snow Hill, London, EC1A 2AY, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 3750 9980 is
  • Who else gives the postcode EC1A 2AY
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Other names (6)

If you were contacted under any of these names, it is this firm.

  • AWS Advice Trading name: A name it trades under now.
  • Devesh Ambasna Former name: A name it was registered under before.
  • Devesh Ambasna Associates Former name: A name it was registered under before.
  • AWS Former trading name: A name it used to trade under.
  • Www.Awsadvice.Com Former trading name: A name it used to trade under.
  • Www.Awsadvice.Co.uk Former trading name: A name it used to trade under.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork Limited, 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 Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Limited liability partnership
Incorporated
24 June 2013 (13 years old)
Registered office
6 Snow Hill, London, EC1A 2AY, England

Directors and company secretaries

Name Role Born Appointed Other companies
Cherie Ambasna LLP designated member Dec 1956 24 Jun 2013 3 other companies
Devesh Ambasna LLP designated member Nov 1957 24 Jun 2013 5 other companies
Louis Serrand LLP designated member May 1995 9 Feb 2026 None

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
5
closed down
4
run together
3

In the full report: all 5 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 3 companies these 3 directors run together
  • All 4 people who have ever been directors, with their dates
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Key dates in its history

Ambasna Wealth Solutions’s history from the FCA register and Companies House, newest first.

2017

6 April 2017

  • Devesh Ambasna took control (75–100% of shares)

Companies House

2014

6 March 2014

  • Changed its registered name from "Devesh Ambasna"

FCA register

2013

24 June 2013

  • Incorporated at Companies House

Companies House

2007

2 November 2007

  • Changed its registered name from "Devesh Ambasna Associates"

FCA register

2003

12 March 2003

  • Became an appointed representative

FCA register

In the full report: all 21 events

  • All 21 events in its history (5 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Ambasna Wealth Solutions

Other FCA-listed firms that share a director, phone number or address with Ambasna Wealth Solutions. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
5
share its postcode
5

In the full report: all 5 connected firms, named

  • How each is linked: the same postcode (5)
  • Who links each one: the named directors, with dates
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Firms like Ambasna Wealth Solutions

Other firms of the same type (financial adviser), nearest first.

In the Central London (EC) postcode area

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Ambasna Wealth Solutions

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 5 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 21 events in its history
  • 5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Ambasna Wealth Solutions LLP FCA authorised?
Ambasna Wealth Solutions LLP (FRN 214921) 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 Ambasna Wealth Solutions?
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. Ambasna Wealth Solutions LLP (FRN 214921) is an AR of Openwork Limited (FRN 408285). When you use Ambasna Wealth Solutions's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Ambasna Wealth Solutions, 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.
What is Ambasna Wealth Solutions’ phone number?
The FCA register lists the phone number 020 3750 9980 for Ambasna Wealth Solutions. If you were given different contact details, use these to check with the firm before going any further.
Is Ambasna Wealth Solutions a scam or clone?
Ambasna Wealth Solutions is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Ambasna Wealth Solutions?
Protection works through Openwork Limited, the principal firm responsible for Ambasna Wealth Solutions's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Ambasna Wealth Solutions?
Companies House lists one person with significant control of Ambasna Wealth Solutions: Mr Devesh Ambasna (75–100% of surplus assets).
Who runs Ambasna Wealth Solutions?
Companies House lists 3 directors of Ambasna Wealth Solutions: Cherie Ambasna, Devesh Ambasna and Louis Serrand.
How long has Ambasna Wealth Solutions been in business?
The company was formed on 24 June 2013.
Does Ambasna Wealth Solutions use any other names?
It trades as AWS Advice. It has previously used 5 other names, including Devesh Ambasna, Devesh Ambasna Associates and AWS.

Sources and links

The full report on Ambasna Wealth Solutions LLP

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