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.
- Appointed for 24 years
- Protected through the principal
- No FCA actions
- Active company since 2023
- Accounts filed up to 30 September 2025
Responsible principal firm
Openwork Limited Reference number: 408285 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.
- Simon P Dermont Financial Consultants Limited (FRN 216361) is an AR of Openwork Limited (FRN 408285). When you use Simon P Dermont Financial Consultants's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Simon P Dermont Financial Consultants, 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.
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No website on the FCA register
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Phone number
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Address
Simon Dermont Financial Consultants, Wansbeck Workspace, Rotary Parkway, Ashington, Northumberland, NE63 8QZ, United Kingdom
In the full report: 2 background checks
- What kind of line 07860 767102 is
- Who else gives the postcode NE63 8QZ
Other names (5)
If you were contacted under any of these names, it is this firm.
- Dermont Financial Trading name: A name it trades under now.
- Simon Dermont Financial Consultants Trading name: A name it trades under now.
- Simon Dermont Former name: A name it was registered under before.
- Simon Paul Dermont Former name: A name it was registered under before.
- 4Sight Financial Solutions Former trading name: A name it used to trade under.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Openwork 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, freeYou 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
- 15113351 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 4 September 2023 (3 years old)
- Registered office
- Halidon House 17d Windmill Way West, Ramparts Business Park, Berwick Upon Tweed, Northumberland, TD15 1TB, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
- Administration of financial markets (SIC 66110)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Simon Paul Dermont | Director | Sep 1967 | 4 Sep 2023 | 1 other company |
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 company
- 1
- still active
- 1
In the full report: all 1 company, 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
Filed accounts and finances
Net assets
£44.1k
+23% from £36.0k
Cash at bank
£27.6k
+181% from £9,818
Employees (average)
1
Same as 1
Owed within a year
£19.7k
+99% from £9,920
Assets and liabilities
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 15113351. 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
Simon P Dermont Financial Consultants’s history from the FCA register and Companies House, newest first.
2023
16 November 2023
- Changed its registered name from "Simon Paul Dermont"
FCA register
4 September 2023
- Incorporated at Companies House
- Simon Paul Dermont took control (75–100% of shares)
Companies House
2007
26 February 2007
- Changed its registered name from "Simon Dermont"
FCA register
2002
15 July 2002
- Became an appointed representative
FCA register
In the full report: all 10 events
- All 10 events in its history (5 shown here)
- Every director appointment and resignation: 1
Firms like Simon P Dermont Financial Consultants
Other firms of the same type (financial adviser), nearest first.
In Ashington
In the Newcastle (NE) postcode area
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 Simon P Dermont Financial Consultants
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 other company its directors have run, named
- 2 background checks on its contact details
- All 10 events in its history
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk