Positive Wealth Creation Ltd: FCA regulated?

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Authorised for 18 years
Your funds are protected by FSCS
No FCA actions
Active company since 2003
Accounts filed up to 31 March 2026

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

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

01278 788646
Address

55 Victoria Street, Burnham-on-Sea, Somerset, TA8 1AW, United Kingdom

In the full report: 3 background checks

When pwcltd.co.uk first appeared online, and whether it can receive email
What kind of line 01278 788646 is
Who else gives the postcode TA8 1AW

FCA permissions and consumer protection

Give regulated advice FSCS may apply
A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
Manage or trade investments FSCS may apply
Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
Complaints Ombudsman, free
You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Show FCA detail (6 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Advising on P2P agreements
Advising on Pension Transfers and Pension Opt Outs
Arranging (bringing about) deals in investments
Making arrangements with a view to transactions in investments
Providing basic advice on stakeholder products

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: 04802683 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 18 June 2003 (23 years old)
Registered office: Matches the FCA register address ✓
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Alexander James Turco	Director	Jun 1979	18 Jun 2003	3 other companies
Jennifer Renee Turco	Director	Sep 1948	18 Jun 2003	None
Alexander James Turco	Secretary	Not published	18 Jun 2003	3 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: 3
closed down: 1
still active: 2

In the full report: all 3 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
All 4 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 March 2026Small company accountsNot audited

Net assets

£757k

+4.2% from £726k

Cash at bank

£793k

+3.8% from £764k

Employees (average)

8

+14% from 7

Assets and liabilities

In the full report: all 7 years of accounts

Every year from 2020 to 2026
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 04802683. 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

Positive Wealth Creation’s history from the FCA register and Companies House, newest first.

Key events (6) All events (13)

2017

18 June 2017

Alexander James Turco became a part-owner (25–50% of shares)
Jennifer Renee Turco became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

Regulated by the FCA from this date

FCA register

2008

16 June 2008

Regulated by the Financial Services Authority from this date
Became authorised by the FCA

FCA register

2003

18 June 2003

Incorporated at Companies House

Companies House

In the full report: all 13 events

All 13 events in its history (6 shown here)
Every director appointment and resignation: 4

Firms like Positive Wealth Creation

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

In Burnham-on-Sea

Watermark Wealth Management LimitedBurnham-On-SeaAuthorised Stephen Elvin Independent Financial Advice LtdBurnham-on-SeaAppointed representative

In the Taunton (TA) postcode area

121-Advice LtdTauntonAuthorised A M Ruthven & Associates LimitedTauntonAuthorised Albert Goodman Financial Planning LimitedTauntonAuthorised Andrew O'ConnorBridgwaterAuthorised

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 Positive Wealth Creation

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

3 other companies its directors have run, named
3 background checks on its contact details
7 years of accounts, charted
All 13 events in its history

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Frequently asked questions about this firm

Is Positive Wealth Creation Ltd FCA authorised?

Yes, Positive Wealth Creation Ltd (FRN 481182) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2008 and works as a financial adviser. The FCA has placed no limits on its permissions.

What is Positive Wealth Creation’s phone number and website?

The FCA register lists the phone number 01278 788646 and the website pwcltd.co.uk for Positive Wealth Creation. If you were given different contact details, use these to check with the firm before going any further.

Is Positive Wealth Creation a scam or clone?

Positive Wealth Creation 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 Positive Wealth Creation?

Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Positive Wealth Creation to the Financial Ombudsman Service, free of charge.

Who owns Positive Wealth Creation?

Companies House lists 2 people with significant control of Positive Wealth Creation: Mrs Jennifer Renee Turco (25–50% of shares) and Mr Alexander James Turco (25–50% of shares).

Who runs Positive Wealth Creation?

Companies House lists 2 directors of Positive Wealth Creation: Alexander James Turco and Jennifer Renee Turco.

How long has Positive Wealth Creation been in business?

The company was formed on 18 June 2003, and has held its current FCA authorisation since June 2008.

What do Positive Wealth Creation’s latest accounts show?

Its latest accounts, to 31 March 2026, show net assets of £757k (+4.2% from £726k) and cash at bank of £793k (+3.8% from £764k).