Paramount Wealth Management Limited

Reference number: 1021390

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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

ValidPath Limited Reference number: 197107 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.
  • Paramount Wealth Management Limited (FRN 1021390) is an AR of ValidPath Limited (FRN 197107). When you use Paramount Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Paramount 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 paramountwealth.co.uk first appeared online, and whether it can receive email
  • What kind of line 07817 389632 is
  • Who else gives the postcode ML1 1XA
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Other names (2)

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

  • Paramount Wealth Trading name
  • Paramount Wealth Management Limted Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through ValidPath 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
SC821317
Company status
Active
Company type
Private limited company
Incorporated
2 September 2024 (2 years old)
Registered office
Oakfield House 378 Brandon Street, Motherwell, ML1 1XA, Scotland
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)
  • Other activities auxiliary to insurance and pension funding (SIC 66290)
  • Financial management (SIC 70221)

Directors and company secretaries

Name Role Born Appointed Other companies
Keith Edward Brooks Director Oct 1987 2 Sep 2024 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

16 months to 31 December 2025Micro-entity accountsNot audited

Total equity

£3,794

No earlier figure to compare

Employees (average)

1

No earlier figure to compare

Owed within a year

£11.0k

No earlier figure to compare

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 SC821317. 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

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

2024

29 November 2024

  • Changed its registered name from "Paramount Wealth Management Limted"

FCA register

28 November 2024

  • Changed its registered name from "Paramount Wealth Management Limited"
  • Became an appointed representative
  • Began trading as "Paramount Wealth"

FCA register

2 September 2024

  • Incorporated at Companies House
  • Keith Edward Brooks took control (75–100% of shares)
  • Keith Edward Brooks appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like Paramount Wealth Management

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

In Motherwell

Bradley Financial Planning LtdMotherwellAppointed representativeTurner Accountancy LtdMotherwellAppointed representativeA.j. Options LimitedMotherwellAuthorisedHonest Wealth Management LtdMotherwellAuthorisedPeter RooneyMotherwellAuthorised

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 Paramount Wealth Management

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

  • Every company its directors have run, named
  • 3 background checks on its contact details
  • All 7 events in its history

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Frequently asked questions about this firm

Is Paramount Wealth Management Limited FCA authorised?
Paramount Wealth Management Limited (FRN 1021390) 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 Paramount 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. Paramount Wealth Management Limited (FRN 1021390) is an AR of ValidPath Limited (FRN 197107). When you use Paramount Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Paramount 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 Paramount Wealth Management’s phone number and website?
The FCA register lists the phone number 07817 389632 and the website paramountwealth.co.uk for Paramount Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Paramount Wealth Management a scam or clone?
Paramount 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 Paramount Wealth Management?
Protection works through ValidPath Limited, the principal firm responsible for Paramount Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Paramount Wealth Management?
Companies House lists one person with significant control of Paramount Wealth Management: Mr Keith Edward Brooks (75–100% of shares).
Who runs Paramount Wealth Management?
Companies House lists one director of Paramount Wealth Management: Keith Edward Brooks.
How long has Paramount Wealth Management been in business?
The company was formed on 2 September 2024.
What do Paramount Wealth Management’s latest accounts show?
Its latest accounts, to 31 December 2025, show total equity of £3,794 (no earlier figure to compare).
Does Paramount Wealth Management use any other names?
It trades as Paramount Wealth. It has previously used the name Paramount Wealth Management Limted.

Sources and links

The full report on Paramount Wealth Management Limited

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