Asset Wealth Management LLP

Reference number: 226032

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Authorised by the FCA

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

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.

In the full report: 3 background checks

  • When awmifa.co.uk first appeared online, and whether it can receive email
  • What kind of line 0845 170 0000 is
  • Who else gives the postcode SG6 3AU
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FCA permissions and consumer protection

  • 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 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.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • 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.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (15 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • 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 regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

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 number
OC304510
Company status
Active
Company type
Limited liability partnership
Incorporated
22 April 2003 (23 years old)
Registered office
Matches the FCA register address ✓

Directors and company secretaries

Name Role Born Appointed Other companies
Mandeep Singh Basra LLP designated member Apr 1974 25 Apr 2003 27 other companies
Amardip Kaur Basra LLP designated member Oct 1972 18 Apr 2017 6 other companies

Other companies run by these 2 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
31
closed down
1
run together
2

In the full report: all 31 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 companies these 2 directors run together
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2026Small company accountsNot audited

Cash at bank

£86.0k

−23% from £112k

Employees (average)

4

Same as 4

Owed within a year

£102k

+105% from £49.6k

The accounts for the year to 31 March 2026 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £286k, for the year to 31 March 2024.

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company OC304510. Figures are exactly as filed; nothing is estimated.

Key dates in its history

Asset Wealth Management’s history from the FCA register and Companies House, newest first.

Key events (6) All events (17)

2017

18 April 2017

  • Amardip Kaur Basra became a part-owner (25–50% of shares)

Companies House

2016

22 June 2016

  • Mandeep Singh Basra became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2003

26 September 2003

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

22 April 2003

  • Incorporated at Companies House

Companies House

In the full report: all 17 events

  • All 17 events in its history (6 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Asset Wealth Management

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Asset Wealth Management

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

In Letchworth Garden City

Letchworth Garden City Heritage FoundationLetchworth Garden CityAuthorisedComfort Plus Products LimitedLetchworth Garden CityAuthorised

In the Stevenage (SG) postcode area

Crown Woods Finance LimitedHitchenAuthorisedCustom Credit LimitedHertfordAuthorisedJeffery EastHertfordAuthorisedMonopoly Private Finance LimitedBraughingAuthorised

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 Asset Wealth Management

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

  • 31 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 17 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Asset Wealth Management LLP FCA authorised?
Yes, Asset Wealth Management LLP (FRN 226032) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2003 and works as a lender. The FCA has placed no limits on its permissions.
What is Asset Wealth Management’s phone number and website?
The FCA register lists the phone number 0845 170 0000 and the website awmifa.co.uk for Asset Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Asset Wealth Management a scam or clone?
Asset Wealth Management 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 Asset Wealth Management?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Asset Wealth Management to the Financial Ombudsman Service, free of charge.
Who owns Asset Wealth Management?
Companies House lists 2 people with significant control of Asset Wealth Management: Mrs Amardip Kaur Basra (25–50% of votes) and Mr Mandeep Singh Basra (25–50% of votes).
Who runs Asset Wealth Management?
Companies House lists 2 directors of Asset Wealth Management: Mandeep Singh Basra and Amardip Kaur Basra.
How long has Asset Wealth Management been in business?
The company was formed on 22 April 2003, and has held its current FCA authorisation since September 2003.
What do Asset Wealth Management’s latest accounts show?
Its latest accounts, to 31 March 2026, show cash at bank of £86.0k (−23% from £112k).

Sources and links

The full report on Asset Wealth Management LLP

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