Spence Financial Ltd

Reference number: 982111

Instant download

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

ValidPath Limited Reference number: 197107 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.
  • Spence Financial Ltd (FRN 982111) is an AR of ValidPath Limited (FRN 197107). When you use Spence Financial's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Spence Financial, 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 spencefinancial.co.uk first appeared online, and whether it can receive email
  • What kind of line 029 2252 1935 is
  • Who else gives the postcode CF10 5AD
Instant PDF download

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through ValidPath 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, 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
14213733
Company status
Active
Company type
Private limited company
Incorporated
4 July 2022 (4 years old)
Registered office
Rabble Studio, 103 Bute Street, Cardiff, CF10 5AD, United Kingdom
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Matthew Oliver Spence Director Aug 1981 4 Jul 2022 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
Instant PDF download

Filed accounts and finances

Year to 31 July 2025Micro-entity accountsNot audited

Net assets

£17.1k

+42% from £12.0k

Employees (average)

1

Same as 1

Owed within a year

£5,085

+12% from £4,532

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 14213733. 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

Spence Financial’s history from the FCA register and Companies House, newest first.

2022

31 August 2022

  • Became an appointed representative

FCA register

4 July 2022

  • Incorporated at Companies House
  • Matthew Oliver Spence took control (75–100% of shares)
  • Matthew Oliver Spence appointed as a director

Companies House

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

Firms connected to Spence Financial

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
Instant PDF download

Firms like Spence Financial

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

In Cardiff

Abram Partnership LtdCardiffAppointed representativeAdam Hughes Wealth Management LtdCardiffAppointed representativeAndrew PrattCardiffAppointed representativeAndrew VarleyCardiffAppointed representativeBen PerkinsCardiffAppointed representativeBen StringerCardiffAppointed 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 Spence Financial

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

  • Every company its directors have run, named
  • 3 background checks on its contact details
  • All 4 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Spence Financial Ltd FCA authorised?
Spence Financial Ltd (FRN 982111) 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 Spence Financial?
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. Spence Financial Ltd (FRN 982111) is an AR of ValidPath Limited (FRN 197107). When you use Spence Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Spence Financial, 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 Spence Financial’s phone number and website?
The FCA register lists the phone number 029 2252 1935 and the website spencefinancial.co.uk for Spence Financial. If you were given different contact details, use these to check with the firm before going any further.
Is Spence Financial a scam or clone?
Spence Financial 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 Spence Financial?
Protection works through ValidPath Limited, the principal firm responsible for Spence Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Spence Financial?
Companies House lists one person with significant control of Spence Financial: Mr Matthew Oliver Spence (75–100% of shares).
Who runs Spence Financial?
Companies House lists one director of Spence Financial: Matthew Oliver Spence.
How long has Spence Financial been in business?
The company was formed on 4 July 2022.
What do Spence Financial’s latest accounts show?
Its latest accounts, to 31 July 2025, show net assets of £17.1k (+42% from £12.0k).

Sources and links

The full report on Spence Financial Ltd

£19.99 · Instant PDF download

Loading secure checkout…