Gemini Wealth Management Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 19 years
Your funds are protected by FSCS
No FCA actions
Active company since 2006
Accounts filed up to 31 December 2022
1 thing worth a closer look in the background checks

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.

Website

geminiwealthgroup.com (opens in a new tab)
Phone number

0121 354 2700
Address

Gemini House, 71 Park Road, Sutton Coldfield, West Midlands, B73 6BT, United Kingdom

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

When geminiwealthgroup.com first appeared online, and whether it can receive email
What kind of line 0121 354 2700 is, and the other firm that gives it
Who else gives the postcode B73 6BT

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-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
Providing Credit Information Services

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: 05919877 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 30 August 2006 (20 years old)
Registered office: Matches the FCA register address ✓
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Peter Berwick	Director	Dec 1968	20 Sep 2006	8 other companies
Gary Metcalf	Director	Jul 1958	18 Jun 2007	7 other companies
Amanda Reid	Director	Jul 1975	18 Jun 2007	10 other companies
Paul Anthony Reid	Director	Mar 1971	5 Apr 2022	4 other companies
Mark Alan Thomas	Director	May 1972	30 Jun 2023	6 other companies

Other companies run by these 5 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: 18
closed down: 11
is FCA-registered: 1

In the full report: all 18 companies, named

What each company does, and whether it is still trading
Which of these 5 directors sit on each board, and since when
Any that went into liquidation or administration
The one on the FCA register
The 7 companies these 5 directors run together
All 8 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 December 2022Full accountsAudited

Turnover

£3.64m

Not compared: the previous accounts cover a different length of time

Profit before tax

£289k

Not compared: the previous accounts cover a different length of time

Total equity

£1.07m

−23% from £1.38m

Cash at bank

£183k

−77% from £786k

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2019 to 2022
The chart, over every year
Every filed figure, year by year

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 05919877. 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

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

Key events (5) All events (17)

2022

28 September 2022

Gemini Wealth Group Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

Regulated by the FCA from this date

FCA register

2006

13 December 2006

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

FCA register

30 August 2006

Incorporated at Companies House

Companies House

In the full report: all 17 events

All 17 events in its history (5 shown here)
Every director appointment and resignation: 9

Firms connected to Gemini Wealth Management

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

connected firm: 1
share a director: 1
share its phone number: 1

In the full report: the connected firm, named

How it is linked: shared directors (1), the same phone number (1), the same postcode (1)
Who links it to this firm: the named directors, with dates

Firms like Gemini Wealth Management

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

In Sutton Coldfield

Alan John Charles RobinsonSutton ColdfieldAuthorised Roto Spa LimitedSutton ColdfieldAuthorised

In the Birmingham (B) postcode area

Caterpillar Financial Services (UK) LimitedSolihullAuthorised Creation Consumer Finance LimitedSolihullAuthorised Creation Financial Services LimitedSolihullAuthorised Ei Group LimitedSolihullAuthorised

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 Gemini Wealth Management

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

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

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Gemini Wealth Management Ltd FCA authorised?

Yes, Gemini Wealth Management Ltd (FRN 458880) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2006 and works as a lender. The FCA has placed no limits on its permissions.

What is Gemini Wealth Management’s phone number and website?

The FCA register lists the phone number 0121 354 2700 and the website geminiwealthgroup.com for Gemini Wealth Management. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.

Is Gemini Wealth Management a scam or clone?

Gemini 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 Gemini 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 Gemini Wealth Management to the Financial Ombudsman Service, free of charge.

Who owns Gemini Wealth Management?

Gemini Wealth Management is owned by Gemini Wealth Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 28 September 2022.

Who runs Gemini Wealth Management?

Companies House lists 5 directors of Gemini Wealth Management: Peter Berwick, Gary Metcalf, Amanda Reid, Paul Anthony Reid and Mark Alan Thomas.

How long has Gemini Wealth Management been in business?

The company was formed on 30 August 2006, and has held its current FCA authorisation since December 2006.

What do Gemini Wealth Management’s latest accounts show?

Its latest accounts, to 31 December 2022, show turnover of £3.64m (not compared: the previous accounts cover a different length of time) and profit before tax of £289k (not compared: the previous accounts cover a different length of time).