Newcastle Financial Advisers 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 23 years
Protected through the principal
No FCA actions
Active company since 2002

Responsible principal firm

Openwork Limited Reference number: 408285 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.
Newcastle Financial Advisers Limited (FRN 222899) is an AR of Openwork Limited (FRN 408285). When you use Newcastle Financial Advisers's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Newcastle Financial Advisers, 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

newcastle.co.uk (opens in a new tab)
Phone number

0191 244 2000
Address

Cobalt Business Park, 1 Cobalt Park Way, Wallsend, Tyne & Wear, NE28 9EJ, United Kingdom

In the full report: 3 background checks

When newcastle.co.uk first appeared online, and whether it can receive email
What kind of line 0191 244 2000 is
Who else gives the postcode NE28 9EJ

Other names (3)

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

Newcastle Financial Services Trading name: A name it trades under now.
Newcastle Financial Services Ltd Former name: A name it was registered under before.
The Mortgage Advisor Former trading name: A name it used to trade under.

FCA permissions and consumer protection

Protection through the principal firm
Protection works through Openwork 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: 04509702 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 13 August 2002 (24 years old)
Registered office: 1 Cobalt Park Way, Wallsend, NE28 9EJ, England
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Iain Lightfoot	Director	May 1971	20 Apr 2023	None
Andrew Scott Haigh	Director	Jan 1963	19 Sep 2024	10 other companies
Benjamin James Smith	Director	Dec 1984	23 Sep 2026	None
Catherine Emma Bolam	Secretary	Not published	28 Jul 2022	–

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: 10
closed down: 4
is FCA-registered: 1

In the full report: all 10 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 one on the FCA register
All 26 people who have ever been directors, with their dates

Key dates in its history

Newcastle Financial Advisers’s history from the FCA register and Companies House, newest first.

Key events (4) All events (55)

2016

28 November 2016

Changed its registered name from "Newcastle Financial Services Ltd"

FCA register

6 April 2016

Newcastle Building Society took control (75–100% of shares)

Companies House

2003

14 February 2003

Became an appointed representative

FCA register

2002

13 August 2002

Incorporated at Companies House

Companies House

In the full report: all 55 events

All 55 events in its history (4 shown here)
Every director appointment and resignation: 47

Firms connected to Newcastle Financial Advisers

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

connected firms: 3
share a director: 1
share its postcode: 2

In the full report: all 3 connected firms, named

How each is linked: shared directors (1), the same postcode (2)
Who links each one: the named directors, with dates

Firms like Newcastle Financial Advisers

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

In the Newcastle (NE) postcode area

1894 Private WealthNewcastle upon TyneAppointed representative 2mtrustAppointed representative A & K Financial Management LimitedMorpethAppointed representative Abacus Wealth Management Group LimitedNewcastleAppointed representative AFT Wealth Management LtdNewcastle upon TyneAppointed representative Andrew Christopher WrightPrudhoeAppointed 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 Newcastle Financial Advisers

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
All 55 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Newcastle Financial Advisers Limited FCA authorised?

Newcastle Financial Advisers Limited (FRN 222899) 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 Newcastle Financial Advisers?

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. Newcastle Financial Advisers Limited (FRN 222899) is an AR of Openwork Limited (FRN 408285). When you use Newcastle Financial Advisers's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Newcastle Financial Advisers, 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 Newcastle Financial Advisers’ phone number and website?

The FCA register lists the phone number 0191 244 2000 and the website newcastle.co.uk for Newcastle Financial Advisers. If you were given different contact details, use these to check with the firm before going any further.

Is Newcastle Financial Advisers a scam or clone?

Newcastle Financial Advisers 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 Newcastle Financial Advisers?

Protection works through Openwork Limited, the principal firm responsible for Newcastle Financial Advisers's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Newcastle Financial Advisers?

Newcastle Financial Advisers is owned by Newcastle Building Society, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.

Who runs Newcastle Financial Advisers?

Companies House lists 3 directors of Newcastle Financial Advisers: Iain Lightfoot, Andrew Scott Haigh and Benjamin James Smith.

How long has Newcastle Financial Advisers been in business?

The company was formed on 13 August 2002.

Does Newcastle Financial Advisers use any other names?

It trades as Newcastle Financial Services. It has previously used 2 other names: Newcastle Financial Services Ltd and The Mortgage Advisor.