Margetts Wealth Management Limited

Reference number: 453782

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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

Sense Network Limited Reference number: 465124 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.
  • Margetts Wealth Management Limited (FRN 453782) is an AR of Sense Network Limited (FRN 465124). When you use Margetts Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Margetts 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.

In the full report: 3 background checks

  • When margettswealth.co.uk first appeared online, and whether it can receive email
  • What kind of line 0121 236 0550 is
  • Who else gives the postcode B3 1QS
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Sense Network 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
04458263
Company status
Active
Company type
Private limited company
Incorporated
11 June 2002 (24 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Administration of financial markets (SIC 66110)

Directors and company secretaries

Name Role Born Appointed Other companies
Kevin Smith Director Nov 1962 18 Apr 2013 7 other companies
Ian Butler Director Mar 1979 3 Apr 2017 1 other company
James Vickers Director May 1982 24 Oct 2024 1 other company

Other companies run by these 3 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
8
closed down
4
run together
1

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 3 directors run together
  • All 9 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 September 2025Small company accountsNot audited

Total equity

£1.18m

+47% from £804k

Cash at bank

£233k

−14% from £270k

Employees (average)

11

−8.3% from 12

Owed within a year

£337k

−14% from £393k

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.

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

Accounts filed at Companies House for company 04458263. 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

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

Key events (6) All events (19)

2024

25 October 2024

  • Kevin Smith gave up control
  • Sbv Holdings Limited took control (75–100% of shares)

Companies House

2016

12 June 2016

  • Kevin Smith took control (75–100% of shares)

Companies House

2006

22 June 2006

  • Became an appointed representative

FCA register

2003

11 June 2003

  • Board replaced: its only director left and a new director took over

Companies House

2002

11 June 2002

  • Incorporated at Companies House

Companies House

In the full report: all 19 events

  • All 19 events in its history (6 shown here)
  • Every director appointment and resignation: 13
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Firms like Margetts Wealth Management

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

In Birmingham

Affinity Business Services LimitedBirminghamAppointed representativeAndrzej GarwolinskiBirminghamAppointed representativeAtkins Wealth Consultancy LtdBirminghamAppointed representativeBetter Invest Direct limitedBirminghamAppointed representativeCarlatton Capital LimitedBirminghamAppointed representativeCasey Financial Planning LimitedBirminghamAppointed 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 Margetts Wealth Management

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 19 events in its history

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Frequently asked questions about this firm

Is Margetts Wealth Management Limited FCA authorised?
Margetts Wealth Management Limited (FRN 453782) 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 Margetts 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. Margetts Wealth Management Limited (FRN 453782) is an AR of Sense Network Limited (FRN 465124). When you use Margetts Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Margetts 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 Margetts Wealth Management’s phone number and website?
The FCA register lists the phone number 0121 236 0550 and the website margettswealth.co.uk for Margetts Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Margetts Wealth Management a scam or clone?
Margetts 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 Margetts Wealth Management?
Protection works through Sense Network Limited, the principal firm responsible for Margetts Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Margetts Wealth Management?
Margetts Wealth Management is owned by Sbv Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 25 October 2024. Before that, it was controlled by Mr Kevin Smith.
Who runs Margetts Wealth Management?
Companies House lists 3 directors of Margetts Wealth Management: Kevin Smith, Ian Butler and James Vickers.
How long has Margetts Wealth Management been in business?
The company was formed on 11 June 2002.
What do Margetts Wealth Management’s latest accounts show?
Its latest accounts, to 30 September 2025, show total equity of £1.18m (+47% from £804k) and cash at bank of £233k (−14% from £270k).

Sources and links

The full report on Margetts Wealth Management Limited

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