No longer an appointed representative
This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Registration ended 30 July 2003.
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.
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No website on the FCA register
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Last known phone number
07831 276933
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Last known address
Grove House Grove Lane, Wolverhampton, West Midlands, WV6 8NJ, United Kingdom
In the full report: 2 background checks
- What kind of line 07831 276933 is
- Who else gives the postcode WV6 8NJ
Other names (2)
If you were contacted under any of these names, it is this firm.
- Photay Wealth Management Former name: A name it was registered under before.
- Photay Wealth Management Limited (Suspended) Former name: A name it was registered under before.
Past FCA permissions and consumer protection
- The record is closedCover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.
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.
Concerns on the company record
- Confirmation statement is overdue at Companies House.
- Company name
- PHOTAY WEALTH MANAGEMENT LTD
- Company number
- 05275012 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 1 November 2004 (21 years old)
- Registered office
- Grove House Grove Lane, Wightwick, Wolverhampton, WV6 8NJ
- Nature of business
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- Pension funding (SIC 65300)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Dildar Photay | Director | Nov 1958 | 1 Nov 2004 | None |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
- Both people who have been directors, with their dates
Filed accounts and finances
Net assets
£413
Down £110 from £523
Employees (average)
1
Same as 1
Owed within a year
£14.1k
+81% from £7,779
Assets and liabilities
In the full report: all 7 years of accounts
- Every year from 2018 to 2024
- 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 05275012. 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
Photay Wealth Management’s history from the FCA register and Companies House, newest first.
2019
13 September 2019
- Began trading as "Photay Wealth Management"
FCA register
2016
1 June 2016
- Dildar Photay took control (75–100% of shares)
Companies House
2014
16 September 2014
- Changed its registered name from "Photay Wealth Management Limited (Suspended)"
FCA register
7 August 2014
- Changed its registered name from "Photay Wealth Management Limited"
FCA register
2013
23 January 2013
- Changed its registered name from "Photay Wealth Management Limited (Suspended)"
FCA register
2008
21 November 2008
- Changed its registered name from "Photay Wealth Management"
FCA register
2004
1 November 2004
- Incorporated at Companies House
- Dildar Photay appointed as a director
Companies House
2003
30 July 2003
- Stopped being an appointed representative
FCA register
Director appointments and resignations, and trading names, appear under All events.
Firms like Photay Wealth Management
Other firms of the same type (financial adviser), nearest first.
In Wolverhampton
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 Photay 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
- 2 background checks on its contact details
- 7 years of accounts, charted
- All 9 events in its history
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Frequently asked questions about this firm
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Is Photay Wealth Management a scam or clone?
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Who runs Photay Wealth Management?
How long has Photay Wealth Management been in business?
What do Photay Wealth Management’s latest accounts show?
Does Photay Wealth Management use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk