Q Wealth Ltd

Reference number: 1020318

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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 4 November 2024.

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.

  • Last known website

    qwealth.co.uk

  • Last known phone number

    07595 640762

  • Last known address

    3 Crossbill Way, Newhall, Harlow, Essex, CM17 9GP, United Kingdom

In the full report: 3 background checks

  • When qwealth.co.uk first appeared online, and whether it can receive email
  • What kind of line 07595 640762 is
  • Who else gives the postcode CM17 9GP
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Past FCA permissions and consumer protection

  • The record is closed
    Cover 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.

Company status
Active
Company type
Private limited company
Incorporated
28 January 2021 (5 years old)
Registered office
411-413 Oxford Street Oxford Street, London, W1C 2PE, England
Nature of business
  • Financial management (SIC 70221)

Directors and company secretaries

Name Role Born Appointed Other companies
Joseph Junior Obeng Director Apr 1989 28 Jan 2021 5 other companies

Other companies run by its director

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
5
closed down
5

In the full report: all 5 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 January 2025Micro-entity accountsNot audited

Net assets

£499

Up £219 from £280

Employees (average)

1

Same as 1

Owed within a year

£4,614

−4.1% from £4,809

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2022 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 13165578. 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

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

2024

4 November 2024

  • Stopped being an appointed representative

FCA register

2021

28 January 2021

  • Incorporated at Companies House
  • Joseph Junior Obeng took control (75–100% of shares)
  • Joseph Junior Obeng appointed as a director

Companies House

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

Firms like Q Wealth

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

In Harlow

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 Q Wealth

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

  • 5 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 4 events in its history

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Frequently asked questions about this firm

Is Q Wealth Ltd FCA authorised?
No. Q Wealth Ltd (FRN 1020318) is still listed on the FCA register, but the record is closed: no longer an appointed representative.
Is Q Wealth a scam or clone?
Q Wealth is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Q Wealth?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Q Wealth has no cover, because it is no longer permitted to carry it out.
Who owns Q Wealth?
Companies House lists one person with significant control of Q Wealth: Mr Joseph Junior Obeng (75–100% of shares).
Who runs Q Wealth?
Companies House lists one director of Q Wealth: Joseph Junior Obeng.
How long has Q Wealth been in business?
The company was formed on 28 January 2021.
What do Q Wealth’s latest accounts show?
Its latest accounts, to 31 January 2025, show net assets of £499 (up £219 from £280).

Sources and links

The full report on Q Wealth Ltd

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