Lucus Wealth Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 8 years
Your funds are protected by FSCS
No FCA actions
Active company since 2017
Accounts filed up to 30 June 2023

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

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

01923 882531
Address

15 Park Place, Newdigate Road, Harefield, Uxbridge, Hertfordshire, UB9 6EJ, United Kingdom

In the full report: 3 background checks

When lucuswealth.com first appeared online, and whether it can receive email
What kind of line 01923 882531 is
Who else gives the postcode UB9 6EJ

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 (7 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Advising on P2P agreements
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: 10710033 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 5 April 2017 (9 years old)
Registered office: 14 Hanover Square, London, W1S 1HN, England
Nature of business: Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Stuart David Hart	Director	Oct 1972	5 Apr 2017	4 other companies
Rajwinder Singh Basra	Director	Mar 1977	9 Aug 2023	7 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: 10
closed down: 4
are FCA-registered: 2

In the full report: all 10 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 on the FCA register
The 1 company these 2 directors run together

Filed accounts and finances

14 months to 30 June 2023Micro-entity accountsNot audited

Net assets

£42.1k

−69% from £136k

Employees (average)

2

Same as 2

Owed within a year

£100k

+302% from £25.0k

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2020 to 2023
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.

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

Accounts filed at Companies House for company 10710033. 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

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

Key events (6) All events (11)

2023

9 August 2023

Stuart David Hart gave up control
Tacit Holdings Limited took control (75–100% of shares)

Companies House

2017

1 November 2017

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

FCA register

5 April 2017

Incorporated at Companies House
Stuart David Hart took control (75–100% of shares)

Companies House

In the full report: all 11 events

All 11 events in its history (6 shown here)
Every director appointment and resignation: 2

Firms connected to Lucus Wealth

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

connected firms: 2
share a director: 2

In the full report: all 2 connected firms, named

How each is linked: shared directors (2)
Who links each one: the named directors, with dates

Firms like Lucus Wealth

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

In Uxbridge

Able Money LtdUxbridgeAuthorised RSB Financial LtdUxbridgeAuthorised Swakeleys Associates LimitedUxbridgeAuthorised Zinga Financial Services LimitedUxbridgeAuthorised Bourne Financial Options LtdUxbridgeAppointed representative Equity Financial LtdUxbridgeAppointed 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 Lucus Wealth

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

10 other companies its directors have run, named
3 background checks on its contact details
4 years of accounts, charted
All 11 events in its history
2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Lucus Wealth Ltd FCA authorised?

Yes, Lucus Wealth Ltd (FRN 783716) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2017 and works as a financial adviser. The FCA has placed no limits on its permissions.

What is Lucus Wealth’s phone number and website?

The FCA register lists the phone number 01923 882531 and the website lucuswealth.com for Lucus Wealth. If you were given different contact details, use these to check with the firm before going any further.

Is Lucus Wealth a scam or clone?

Lucus 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 Lucus 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 Lucus Wealth to the Financial Ombudsman Service, free of charge.

Who owns Lucus Wealth?

Lucus Wealth is owned by Tacit Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 9 August 2023. Before that, it was controlled by Mr Stuart David Hart.

Who runs Lucus Wealth?

Companies House lists 2 directors of Lucus Wealth: Stuart David Hart and Rajwinder Singh Basra.

How long has Lucus Wealth been in business?

The company was formed on 5 April 2017, and has held its current FCA authorisation since November 2017.

What do Lucus Wealth’s latest accounts show?

Its latest accounts, to 30 June 2023, show net assets of £42.1k (−69% from £136k).