Banks-Dunnell Wealth Management Limited

Reference number: 823659

Instant download

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.

Responsible principal firm

St. James's Place Wealth Management Plc Reference number: 195351 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.
  • Banks-Dunnell Wealth Management Limited (FRN 823659) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Banks-Dunnell Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Banks-Dunnell Wealth Management, 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.

In the full report: 3 background checks, 1 thing worth a closer look

  • When partnership.sjp.co.uk first appeared online, and whether it can receive email
  • What kind of line 07795 400097 is
  • Who else gives the postcode NR12 8BU
Instant PDF download

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through St. James's Place Wealth Management PLC, 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 name
BANKS-DUNNELL WEALTH MANAGEMENT LTD
Company number
08126532
Company status
Active
Company type
Private limited company
Incorporated
2 July 2012 (14 years old)
Registered office
48 Priorswood, Taverham, Norwich, NR8 6FW, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Karen Christine Banks-Dunnell Director May 1967 2 Jul 2012 None
Kevin Allan Banks-Dunnell Director Oct 1969 2 Jul 2012 None

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
Instant PDF download

Filed accounts and finances

Year to 31 March 2025Abridged accountsNot audited

Net assets

£288k

+38% from £209k

Cash at bank

£225k

No earlier figure to compare

Employees (average)

1

Same as 1

Owed within a year

£35.9k

+51% from £23.8k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 08126532. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

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

2023

3 October 2023

  • Changed its registered name from "Banks Dunnell Wealth Management Limited"

FCA register

2018

18 October 2018

  • Became an appointed representative

FCA register

2016

6 April 2016

  • Kevin Allan Banks-Dunnell became the majority owner (50–75% of shares)

Companies House

2012

2 July 2012

  • Incorporated at Companies House
  • Karen Christine Banks-dunnell appointed as a director
  • Kevin Allan Banks-dunnell appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like Banks-Dunnell Wealth Management

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

In Norwich

Alan Boswell Employee Benefits LtdNorwichAppointed representativeAlan Cook Financial Services LimitedNorwichAppointed representativeAnderson Wealth Planning LimitedNorwichAppointed representativeAnglian Wealth ManagementNorwichAppointed representativeAnna KellettNorwichAppointed representativeBrancaster House Financial Planning LtdNorwichAppointed representative

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 Banks-Dunnell Wealth Management

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

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 6 years of accounts, charted
  • All 6 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Banks-Dunnell Wealth Management Limited FCA authorised?
Banks-Dunnell Wealth Management Limited (FRN 823659) 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 Banks-Dunnell Wealth Management?
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. Banks-Dunnell Wealth Management Limited (FRN 823659) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Banks-Dunnell Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Banks-Dunnell Wealth Management, 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 Banks-Dunnell Wealth Management’s phone number and website?
The FCA register lists the phone number 07795 400097 and the website partnership.sjp.co.uk/partner/kevinbanksdunnell for Banks-Dunnell Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Banks-Dunnell Wealth Management a scam or clone?
Banks-Dunnell 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 Banks-Dunnell Wealth Management?
Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for Banks-Dunnell Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Banks-Dunnell Wealth Management?
Companies House lists one person with significant control of Banks-Dunnell Wealth Management: Mr Kevin Allan Banks-Dunnell (50–75% of shares).
Who runs Banks-Dunnell Wealth Management?
Companies House lists 2 directors of Banks-Dunnell Wealth Management: Karen Christine Banks-Dunnell and Kevin Allan Banks-Dunnell.
How long has Banks-Dunnell Wealth Management been in business?
The company was formed on 2 July 2012.
What do Banks-Dunnell Wealth Management’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £288k (+38% from £209k) and cash at bank of £225k (no earlier figure to compare).

Sources and links

The full report on Banks-Dunnell Wealth Management Limited

£19.99 · Instant PDF download

Loading secure checkout…