Spectrum Wealth Management Ltd

Reference number: 771506

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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 spectrumwm.co.uk first appeared online, and whether it can receive email
  • What kind of line 028 3889 7012 is
  • Who else gives the postcode BT67 0LT
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Other names (2)

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

  • Core Financial Planning Ltd Former name
  • Bowden Wealth 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 (8 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on Pension Transfers and Pension Opt Outs
  • Arranging (bringing about) deals in investments
  • Credit Broking
  • Debt-counselling
  • 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
NI642090
Company status
Active
Company type
Private limited company
Incorporated
10 November 2016 (9 years old)
Registered office
Suite 1 Davidson House Glenavy Road, Moira, Craigavon, BT67 0LT, Northern Ireland
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Neil James Forsythe Director Mar 1974 10 Nov 2016 2 other companies
Robert William Hall Director Aug 1965 1 Mar 2019 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
7
closed down
3
are FCA-registered
2

In the full report: all 7 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

£105k

−64% from £296k

Employees (average)

12

+140% from 5

Owed within a year

£507k

+205% from £166k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 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 NI642090. 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 Wealth Management’s history from the FCA register and Companies House, newest first.

Key events (9) All events (15)

2024

6 February 2024

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

Companies House

2022

5 September 2022

  • Robert William Hall became a part-owner (25–50% of shares)

Companies House

2017

31 May 2017

  • Changed its registered name from "Core Financial Planning Ltd"

FCA register

3 April 2017

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2016

10 November 2016

  • Incorporated at Companies House
  • Neil James Forsythe took control (75–100% of shares)

Companies House

In the full report: all 15 events

  • All 15 events in its history (9 shown here)
  • Every director appointment and resignation: 2
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Firms connected to Spectrum Wealth Management

Other FCA-listed firms that share a director, phone number or address with Spectrum Wealth Management. 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
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Firms like Spectrum Wealth Management

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

In Moira

NG Wealth Management LtdMoiraAppointed representativeSpectrum Advice Network LtdMoiraAppointed representative

In the Belfast (BT) postcode area

A.B.M. ConsultancyCraigavonAuthorisedAKFP LtdLisburnAuthorisedAlan Reid Financial Services (Ni) LimitedDromoreAuthorisedAndrew Clements Partnership LtdBelfastAuthorised

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 Wealth Management

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

  • 7 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 15 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Spectrum Wealth Management Ltd FCA authorised?
Yes, Spectrum Wealth Management Ltd (FRN 771506) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2017 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Spectrum Wealth Management’s phone number and website?
The FCA register lists the phone number 028 3889 7012 and the website spectrumwm.co.uk for Spectrum Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Spectrum Wealth Management a scam or clone?
Spectrum Wealth Management 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 Wealth Management?
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 Spectrum Wealth Management to the Financial Ombudsman Service, free of charge.
Who owns Spectrum Wealth Management?
Spectrum Wealth Management is owned by Spectrum Advice Group Ltd, which holds 75–100% of shares, since 6 February 2024. Before that, it was controlled by Mr Robert William Hall and Mr Neil James Forsythe.
Who runs Spectrum Wealth Management?
Companies House lists 2 directors of Spectrum Wealth Management: Neil James Forsythe and Robert William Hall.
How long has Spectrum Wealth Management been in business?
The company was formed on 10 November 2016, and has held its current FCA authorisation since April 2017.
What do Spectrum Wealth Management’s latest accounts show?
Its latest accounts, to 31 January 2025, show net assets of £105k (−64% from £296k).
Does Spectrum Wealth Management use any other names?
It has previously used 2 other names: Core Financial Planning Ltd and Bowden Wealth.

Sources and links

The full report on Spectrum Wealth Management Ltd

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