City Financial Solutions Limited

Reference number: 575512

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

2 Plan Wealth Management Limited Reference number: 461598 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.
  • City Financial Solutions Limited (FRN 575512) is an AR of 2 Plan Wealth Management Limited (FRN 461598). When you use City Financial Solutions's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from City Financial 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.

In the full report: 3 background checks

  • When cityfinancialsolutions.com first appeared online, and whether it can receive email
  • What kind of line 0191 520 0005 is
  • Who else gives the postcode SR3 3PJ
Instant PDF download
Other names (1)

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

  • cfs Former trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through 2 Plan Wealth Management 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 number
07888479
Company status
Active
Company type
Private limited company
Incorporated
21 December 2011 (14 years old)
Registered office
14 Carlton Crescent, Sunderland, SR3 3PJ, England
Nature of business
  • Management consultancy activities other than financial management (SIC 70229)

Directors and company secretaries

Name Role Born Appointed Other companies
David Edmund Laws Director Jul 1969 6 Jan 2012 1 other company
Mark Dodd Director Nov 1980 6 Jan 2012 2 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
2
closed down
1
run together
1

In the full report: all 2 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 1 company these 2 directors run together
  • All 8 people who have ever been directors, with their dates
Instant PDF download

Key dates in its history

City Financial Solutions’s history from the FCA register and Companies House, newest first.

Key events (5) All events (23)

2017

21 September 2017

  • Mark Dodd became the majority owner (50–75% of shares)
  • Steven Rodger Whitehead no longer has significant control

Companies House

2016

6 April 2016

  • Steven Rodger Whitehead gained significant control

Companies House

2012

20 February 2012

  • Became an appointed representative

FCA register

2011

21 December 2011

  • Incorporated at Companies House

Companies House

In the full report: all 23 events

  • All 23 events in its history (5 shown here)
  • Every director appointment and resignation: 14
Instant PDF download

Firms like City Financial Solutions

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

In Sunderland

Adamson Financial Planning LTDSunderlandAppointed representativeAdvanced IFA LtdSunderlandAppointed representativeBen HughesSunderlandAppointed representativeGKB Financial Planning LtdSunderlandAppointed representativeMark McNally Wealth Management LimitedSunderlandAppointed representativeMatlock Wealth Management LimitedSunderlandAppointed 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 City Financial Solutions

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 23 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is City Financial Solutions Limited FCA authorised?
City Financial Solutions Limited (FRN 575512) 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 City Financial 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. City Financial Solutions Limited (FRN 575512) is an AR of 2 Plan Wealth Management Limited (FRN 461598). When you use City Financial Solutions's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from City Financial 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 City Financial Solutions’ phone number and website?
The FCA register lists the phone number 0191 520 0005 and the website cityfinancialsolutions.com for City Financial Solutions. If you were given different contact details, use these to check with the firm before going any further.
Is City Financial Solutions a scam or clone?
City Financial 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 City Financial Solutions?
Protection works through 2 Plan Wealth Management Limited, the principal firm responsible for City Financial Solutions's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns City Financial Solutions?
Companies House lists one person with significant control of City Financial Solutions: Mr Mark Dodd (50–75% of shares). Before that, it was controlled by Mr Steven Rodger Whitehead.
Who runs City Financial Solutions?
Companies House lists 2 directors of City Financial Solutions: David Edmund Laws and Mark Dodd.
How long has City Financial Solutions been in business?
The company was formed on 21 December 2011.
Does City Financial Solutions use any other names?
It has previously used the name cfs.

Sources and links

The full report on City Financial Solutions Limited

£19.99 · Instant PDF download

Loading secure checkout…