Spectrum Advice Network Ltd

Reference number: 938972

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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.

Responsible principal firm

Spectrum Wealth Management Ltd Reference number: 771506 Authorised 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.
  • Spectrum Advice Network Ltd (FRN 938972) is an AR of Spectrum Wealth Management Ltd (FRN 771506). When you use Spectrum Advice Network's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Spectrum Advice Network, 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.

In the full report: 3 background checks

  • When spectruman.co.uk first appeared online, and whether it can receive email
  • What kind of line 028 9264 6316 is
  • Who else gives the postcode BT67 0LT
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Other names (8)

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

  • Assure Pensions & Investments Trading name
  • Athena Wealth Management Trading name
  • First Stop Pensions & Investments Trading name
  • Onpoint Wealth Management Trading name
  • Point2Wealth Trading name
  • Velvet Pensions & Investments Trading name
  • Spectrum Advice Network Former name
  • Bowden Wealth Former trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Spectrum Wealth Management Ltd, 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, free
    You 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
NI672434
Company status
Active
Company type
Private limited company
Incorporated
8 September 2020 (6 years old)
Registered office
Suite 1 Davidson House, Glenavy Road Business Park, 20 Glenavy Road, Moira, BT67 0LT, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Neil James Forsythe Director Mar 1974 8 Sep 2020 4 other companies
Robert William Hall Director Aug 1965 5 Oct 2023 6 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
9
closed down
3
are FCA-registered
2

In the full report: all 9 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
  • The 2 on the FCA register
  • The 1 company these 2 directors run together
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Filed accounts and finances

Year to 31 January 2025Micro-entity accountsNot audited

Net assets

£492k

+228% from £150k

Employees (average)

0

Same as 0

Owed within a year

£1.14m

+129% from £497k

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2021 to 2025
  • 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 NI672434. 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

Spectrum Advice Network’s history from the FCA register and Companies House, newest first.

Key events (8) All events (20)

2023

21 November 2023

  • Neil James Forsythe stopped being a part-owner
  • Spectrum Advice Group Ltd took control (75–100% of shares)

Companies House

2021

14 May 2021

  • Robert William Hall stopped being a part-owner

Companies House

2020

10 December 2020

  • Changed its registered name from "Spectrum Advice Network"

FCA register

20 November 2020

  • Became an appointed representative

FCA register

8 September 2020

  • Incorporated at Companies House
  • Neil James Forsythe became a part-owner (25–50% of shares)
  • Robert William Hall became a part-owner (25–50% of shares)

Companies House

In the full report: all 20 events

  • All 20 events in its history (8 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Spectrum Advice Network

Other FCA-listed firms that share a director, phone number or address with Spectrum Advice Network. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share a director
2
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (2), the same postcode (4)
  • Who links each one: the named directors, with dates
Instant PDF download

Firms like Spectrum Advice Network

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

In Moira

NG Wealth Management LtdMoiraAppointed representativeSpectrum Wealth Management LtdMoiraAuthorised

In the Belfast (BT) postcode area

4Front Financial Management LLPBelfastAppointed representativeAbsolute Protection and Wealth LtdDungannonAppointed representativeAccent Financial Planning LimitedCraigavonAppointed representativeAidan KearnsDerryAppointed representative

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 Spectrum Advice Network

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

  • 9 other companies its directors have run, named
  • 3 background checks on its contact details
  • 5 years of accounts, charted
  • All 20 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Spectrum Advice Network Ltd FCA authorised?
Spectrum Advice Network Ltd (FRN 938972) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Spectrum Advice Network?
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. Spectrum Advice Network Ltd (FRN 938972) is an AR of Spectrum Wealth Management Ltd (FRN 771506). When you use Spectrum Advice Network's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Spectrum Advice Network, 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.
What is Spectrum Advice Network’s phone number and website?
The FCA register lists the phone number 028 9264 6316 and the website spectruman.co.uk for Spectrum Advice Network. If you were given different contact details, use these to check with the firm before going any further.
Is Spectrum Advice Network a scam or clone?
Spectrum Advice Network 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 Spectrum Advice Network?
Protection works through Spectrum Wealth Management Ltd, the principal firm responsible for Spectrum Advice Network's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Spectrum Advice Network?
Spectrum Advice Network is owned by Spectrum Advice Group Ltd, which holds 75–100% of shares, since 21 November 2023. Before that, it was controlled by Mr Neil James Forsythe and Mr Robert William Hall.
Who runs Spectrum Advice Network?
Companies House lists 2 directors of Spectrum Advice Network: Neil James Forsythe and Robert William Hall.
How long has Spectrum Advice Network been in business?
The company was formed on 8 September 2020.
What do Spectrum Advice Network’s latest accounts show?
Its latest accounts, to 31 January 2025, show net assets of £492k (+228% from £150k).
Does Spectrum Advice Network use any other names?
It trades as Assure Pensions & Investments, Athena Wealth Management, First Stop Pensions & Investments, Onpoint Wealth Management and Point2Wealth, and 1 more names. It has previously used 2 other names: Spectrum Advice Network and Bowden Wealth.

Sources and links

The full report on Spectrum Advice Network Ltd

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