Comet Wealth Ltd

Reference number: 833813

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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, 1 thing worth a closer look

  • When cometwealth.uk first appeared online, and whether it can receive email
  • What kind of line 01252 626200 is
  • Who else gives the postcode GU46 6BB
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Other names (3)

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

  • Comet Wealth Management Trading name
  • Polestar Wealth Management Trading name
  • Polestar Wealth Ltd Former name

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.
  • 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 (6 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on Pension Transfers and Pension Opt Outs
  • Arranging (bringing about) deals in investments
  • Credit Broking
  • Debt-counselling
  • 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
06242781
Company status
Active
Company type
Private limited company
Incorporated
10 May 2007 (19 years old)
Registered office
Hurdcott Barn, Cricket Hill Lane, Yateley, Hampshire, GU46 6BB, England
Nature of business
  • Life insurance (SIC 65110)
  • Pension funding (SIC 65300)

Directors and company secretaries

Name Role Born Appointed Other companies
Ian John Russell Director Feb 1965 10 May 2007 5 other companies
Tracey Elizabeth Russell Director May 1966 1 Jun 2022 2 other companies
Tracey Elizabeth Russell Secretary Not published 10 May 2007 –

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
5
closed down
1
run together
2

In the full report: all 5 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
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Filed accounts and finances

Year to 31 March 2026Small company accountsNot audited

Net assets

£59.9k

+17% from £51.3k

Cash at bank

£252k

+287% from £65.1k

Employees (average)

2

Same as 2

Owed within a year

£315k

+193% from £107k

Assets and liabilities

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.

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

Accounts filed at Companies House for company 06242781. 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

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

Key events (7) All events (14)

2021

4 May 2021

  • Changed its registered name from "Polestar Wealth Ltd"

FCA register

2019

1 October 2019

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

11 May 2019

  • Ian John Russell no longer holds 50–75% of the votes
  • Polestar Holdings Ltd took control (75–100% of shares)

Companies House

2017

6 April 2017

  • Ian John Russell gained 50–75% of the votes

Companies House

2007

10 May 2007

  • Incorporated at Companies House

Companies House

In the full report: all 14 events

  • All 14 events in its history (7 shown here)
  • Every director appointment and resignation: 2
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Firms like Comet Wealth

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

In the Guildford (GU) postcode area

Advised Financial LimitedFarnboroughAuthorisedAJN Wealth Management LtdHampshireAuthorisedAll Aspects Financial Planning LimitedAltonAuthorisedAnglo International Group LimitedGuildfordAuthorisedBastion Financial Planning LimitedGuildfordAuthorisedBates Independent LimitedSurreyAuthorised

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 Comet Wealth

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
  • 3 background checks on its contact details, 1 flagged
  • 7 years of accounts, charted
  • All 14 events in its history

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Frequently asked questions about this firm

Is Comet Wealth Ltd FCA authorised?
Yes, Comet Wealth Ltd (FRN 833813) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2019 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Comet Wealth’s phone number and website?
The FCA register lists the phone number 01252 626200 and the website cometwealth.uk for Comet Wealth. If you were given different contact details, use these to check with the firm before going any further.
Is Comet Wealth a scam or clone?
Comet Wealth 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 Comet Wealth?
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 Comet Wealth to the Financial Ombudsman Service, free of charge.
Who owns Comet Wealth?
Comet Wealth is owned by Polestar Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 11 May 2019. Before that, it was controlled by Mr Ian John Russell.
Who runs Comet Wealth?
Companies House lists 2 directors of Comet Wealth: Ian John Russell and Tracey Elizabeth Russell.
How long has Comet Wealth been in business?
The company was formed on 10 May 2007, and has held its current FCA authorisation since October 2019.
What do Comet Wealth’s latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of £59.9k (+17% from £51.3k) and cash at bank of £252k (+287% from £65.1k).
Does Comet Wealth use any other names?
It trades as Comet Wealth Management and Polestar Wealth Management. It has previously used the name Polestar Wealth Ltd.

Sources and links

The full report on Comet Wealth Ltd

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