David Coates Wealth Management Limited

Reference number: 592768

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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.

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.
  • David Coates Wealth Management Limited (FRN 592768) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use David Coates Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from David Coates 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.

  • No website on the FCA register

  • Phone number

    01392 832959

  • Address

    24 Southernhay West, Exeter, Devon, EX1 1PR, United Kingdom

In the full report: 2 background checks

  • What kind of line 01392 832959 is
  • Who else gives the postcode EX1 1PR
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Other names (1)

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

  • David Coates Former name

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 number
09560492
Company status
Active
Company type
Private limited company
Incorporated
24 April 2015 (11 years old)
Registered office
The Summit Woodwater Park, Pynes Hill, Exeter, Devon, EX2 5WS, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
David Stephen Coates Director Nov 1959 24 Apr 2015 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 31 July 2025Full accountsNot audited

Net assets

£164k

−24% from £215k

Cash at bank

£102k

−23% from £132k

Owed within a year

£10.1k

+2.3% from £9,862

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • 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 09560492. 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

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

2016

6 April 2016

  • David Stephen Coates took control (75–100% of shares)

Companies House

2015

7 July 2015

  • Changed its registered name from "David Coates"

FCA register

24 April 2015

  • Incorporated at Companies House
  • David Stephen Coates appointed as a director

Companies House

2012

12 December 2012

  • Became an appointed representative

FCA register

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

Firms connected to David Coates Wealth Management

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

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like David Coates Wealth Management

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

In Exeter

Anna Gidman Wealth LtdExeterAppointed representativeAstria Payroll LimitedExeterAppointed representativeClearView Wealth Management LimitedExeterAppointed representativeDavid Field Wealth Management LtdExeterAppointed representativeFowler Financial Planning LimitedExeterAppointed representativeJ T Wealth Management LtdExeterAppointed 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 David Coates 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
  • 2 background checks on its contact details
  • 7 years of accounts, charted
  • All 5 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is David Coates Wealth Management Limited FCA authorised?
David Coates Wealth Management Limited (FRN 592768) 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 David Coates 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. David Coates Wealth Management Limited (FRN 592768) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use David Coates Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from David Coates 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 David Coates Wealth Management’s phone number?
The FCA register lists the phone number 01392 832959 for David Coates Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is David Coates Wealth Management a scam or clone?
David Coates 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 David Coates Wealth Management?
Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for David Coates Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns David Coates Wealth Management?
Companies House lists one person with significant control of David Coates Wealth Management: Mr David Stephen Coates (75–100% of shares).
Who runs David Coates Wealth Management?
Companies House lists one director of David Coates Wealth Management: David Stephen Coates.
How long has David Coates Wealth Management been in business?
The company was formed on 24 April 2015.
What do David Coates Wealth Management’s latest accounts show?
Its latest accounts, to 31 July 2025, show net assets of £164k (−24% from £215k) and cash at bank of £102k (−23% from £132k).
Does David Coates Wealth Management use any other names?
It has previously used the name David Coates.

Sources and links

The full report on David Coates Wealth Management Limited

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