Professional Independent Advisers Limited

Reference number: 125921

Instant download

Authorised by the FCA

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

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 piawm.net first appeared online, and whether it can receive email
  • What kind of line 01902 379900 is
  • Who else gives the postcode WV1 4SF
Instant PDF download
Other names (7)

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

  • PIA Mortgage Solutions Trading name
  • PIA Wealth Management Trading name
  • Wall Heath Financial Services Limited Former name
  • Wall Heath Insurance Services Limited Former name
  • Colin Stanley Insurance Consultants Former trading name
  • PIA Mortgages Former trading name
  • Wall Heath Insurance Services Former trading name

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.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • 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 (12 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

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
02598631
Company status
Active
Company type
Private limited company
Incorporated
5 April 1991 (35 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Life insurance (SIC 65110)
  • Life reinsurance (SIC 65201)

Directors and company secretaries

Name Role Born Appointed Other companies
Michaelo Andre Bandurak Director Jan 1956 28 Oct 2003 3 other companies
David Michaelo Bandurak Director Jul 1982 14 Apr 2012 None
David Michaelo Bandurak Secretary Not published 28 Sep 2007 –

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
still active
3

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 5 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 31 March 2026Small company accountsNot audited

Net assets

£252k

−2.9% from £259k

Cash at bank

£357k

−32% from £521k

Employees (average)

31

+11% from 28

Owed within a year

£235k

−50% from £474k

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
Instant PDF download
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 02598631. 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

Professional Independent Advisers’s history from the FCA register and Companies House, newest first.

Key events (9) All events (29)

2017

5 April 2017

  • Michaelo Andre Bandurak took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2004

5 January 2004

  • Changed its registered name from "Wall Heath Financial Services Limited"

FCA register

2003

28 October 2003

  • Board replaced: both directors left and 2 new directors took over

Companies House

2001

1 December 2001

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

FCA register

1994

10 October 1994

  • Regulated by the Personal Investment Authority from this date

FCA register

1991

10 June 1991

  • Changed its registered name from "Wall Heath Insurance Services Limited"

FCA register

5 April 1991

  • Incorporated at Companies House

Companies House

In the full report: all 29 events

  • All 29 events in its history (9 shown here)
  • Every director appointment and resignation: 8
Instant PDF download

Firms like Professional Independent Advisers

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

In Wolverhampton

A.J. Wealth Management LimitedWolverhamptonAuthorisedAllied Financial (W-Ton) LtdWolverhamptonAuthorisedAutonomy Wealth LimitedWolverhamptonAuthorisedClarke Fencott LLPWolverhamptonAuthorisedGravel Hill Wealth Management LLPWolverhamptonAuthorisedHoward Wright LtdWolverhamptonAuthorised

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 Professional Independent Advisers

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 29 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Professional Independent Advisers Limited FCA authorised?
Yes, Professional Independent Advisers Limited (FRN 125921) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Professional Independent Advisers’ phone number and website?
The FCA register lists the phone number 01902 379900 and the website piawm.net for Professional Independent Advisers. If you were given different contact details, use these to check with the firm before going any further.
Is Professional Independent Advisers a scam or clone?
Professional Independent 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 Professional Independent Advisers?
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 Professional Independent Advisers to the Financial Ombudsman Service, free of charge.
Who owns Professional Independent Advisers?
Companies House lists one person with significant control of Professional Independent Advisers: Mr Michaelo Andre Bandurak (75–100% of shares).
Who runs Professional Independent Advisers?
Companies House lists 2 directors of Professional Independent Advisers: Michaelo Andre Bandurak and David Michaelo Bandurak.
How long has Professional Independent Advisers been in business?
The company was formed on 5 April 1991, and has held its current FCA authorisation since December 2001.
What do Professional Independent Advisers’ latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of £252k (−2.9% from £259k) and cash at bank of £357k (−32% from £521k).
Does Professional Independent Advisers use any other names?
It trades as PIA Mortgage Solutions and PIA Wealth Management. It has previously used 5 other names, including Wall Heath Financial Services Limited, Wall Heath Insurance Services Limited and Colin Stanley Insurance Consultants.

Sources and links

The full report on Professional Independent Advisers Limited

£19.99 · Instant PDF download

Loading secure checkout…