Modus WM Limited: FCA regulated?

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.

Appointed for 9 years
Protected through the principal
No FCA actions
Active company since 2020
Accounts filed up to 31 May 2025

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.
Modus WM Limited (FRN 791639) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Modus WM's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Modus WM, 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.

Website

modus-wealth.co.uk (opens in a new tab)
Phone number

0151 243 1200
Address

2nd Floor, Edward Pavilion, Albert Dock, Liverpool, Merseyside, L3 4AF, United Kingdom

In the full report: 3 background checks

When modus-wealth.co.uk first appeared online, and whether it can receive email
What kind of line 0151 243 1200 is
Who else gives the postcode L3 4AF

Other names (2)

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

Modus Wealth Management Trading name: A name it trades under now.
Modus Wealth Management LLP Former name: A name it was registered under before.

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: 12575310 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 28 April 2020 (6 years old)
Registered office: C/O Dsg Chartered Accountants Castle Chambers, 43 Castle Street, Liverpool, Merseyside, L2 9TL, United Kingdom
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Neil Ferguson	Director	Apr 1967	28 Apr 2020	1 other company
John Anthony Price	Director	Oct 1978	28 Apr 2020	4 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: 4
closed down: 2
run together: 1

In the full report: all 4 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 1 company these 2 directors run together

Filed accounts and finances

Year to 31 May 2025Full accountsNot audited

Total equity

£490k

−7.4% from £529k

Cash at bank

£148k

+5.6% from £140k

Owed within a year

£184k

−25% from £244k

Assets and liabilities

In the full report: all 5 years of accounts

Every year from 2021 to 2025
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 12575310. 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

Modus WM’s history from the FCA register and Companies House, newest first.

Key events (5) All events (8)

2020

20 May 2020

Changed its registered name from "Modus Wealth Management LLP"

FCA register

28 April 2020

Incorporated at Companies House
John Anthony Price became a part-owner (25–50% of shares)
Neil Ferguson became a part-owner (25–50% of shares)

Companies House

2017

16 October 2017

Became an appointed representative

FCA register

In the full report: all 8 events

All 8 events in its history (5 shown here)
Every director appointment and resignation: 2

Firms like Modus WM

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

In Liverpool

Advocate Financial Planning LtdLiverpoolAppointed representative Aidan BurkeLiverpoolAppointed representative Anthony LanganLiverpoolAppointed representative Bibby & Co Financial Planning LtdLiverpoolAppointed representative Bradley J Lewis Financial Solutions LtdLiverpoolAppointed representative Carl Williams Wealth Management LtdLiverpoolAppointed 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 Modus WM

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

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

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Frequently asked questions about this firm

Is Modus WM Limited FCA authorised?

Modus WM Limited (FRN 791639) 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 Modus WM?

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. Modus WM Limited (FRN 791639) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Modus WM's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Modus WM, 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 Modus WM’s phone number and website?

The FCA register lists the phone number 0151 243 1200 and the website modus-wealth.co.uk for Modus WM. If you were given different contact details, use these to check with the firm before going any further.

Is Modus WM a scam or clone?

Modus WM 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 Modus WM?

Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for Modus WM's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Modus WM?

Companies House lists 2 people with significant control of Modus WM: Mr Neil Ferguson (25–50% of shares) and Mr John Anthony Price (25–50% of shares).

Who runs Modus WM?

Companies House lists 2 directors of Modus WM: Neil Ferguson and John Anthony Price.

How long has Modus WM been in business?

The company was formed on 28 April 2020.

What do Modus WM’s latest accounts show?

Its latest accounts, to 31 May 2025, show total equity of £490k (−7.4% from £529k) and cash at bank of £148k (+5.6% from £140k).

Does Modus WM use any other names?

It trades as Modus Wealth Management. It has previously used the name Modus Wealth Management LLP.