Spence (Insurance Services) Ltd.

Reference number: 300017

Instant download

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 spenceinsurance.co.uk first appeared online, and whether it can receive email
  • What kind of line 01506 632055 is
  • Who else gives the postcode EH48 2TQ
Instant PDF download
Other names (1)

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

  • Spence Insurance Trading name

FCA permissions and consumer protection

  • Hold or safeguard your money · 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.
  • 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.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • 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 (7 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Debt Administration
  • Making arrangements with a view to transactions in investments

Limits on what they may do

  • Not permitted to canvass off trade premises
    The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises

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
SC124134
Company status
Active
Company type
Private limited company
Incorporated
2 April 1990 (36 years old)
Registered office
Unit 2 Wester Inch Business Park, Old Well Court, Bathgate, West Lothian, EH48 2TQ
Nature of business
  • Non-life insurance (SIC 65120)

Directors and company secretaries

Name Role Born Appointed Other companies
Stewart William Spence Director Jul 1973 1 Jan 1997 2 other companies
Michael David Simon Edgeley Director Oct 1966 9 Apr 2026 78 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
80
closed down
35
are FCA-registered
11

In the full report: all 80 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 11 on the FCA register, including one no longer authorised
  • All 6 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 31 August 2025Small company accountsNot audited

Net assets

£2.39m

−15% from £2.82m

Cash at bank

£1.40m

+33% from £1.05m

Employees (average)

14

Up 14 from 0

Owed within a year

£442k

+32% from £334k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 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 SC124134. 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 (Insurance Services)’s history from the FCA register and Companies House, newest first.

Key events (12) All events (24)

2026

9 April 2026

  • Clear Group (Holdings) Limited took control (75–100% of shares)
  • Stewart William Spence gave up control

Companies House

12 March 2026

  • Catherine Brand Banks Spence stopped being a part-owner
  • William James Spence stopped being a part-owner

Companies House

2016

21 June 2016

  • FCA imposed a requirement (Not permitted to canvass off trade premises)

FCA register

6 April 2016

  • Catherine Brand Banks Spence became a part-owner (25–50% of shares)
  • Stewart William Spence took control (75–100% of shares)
  • William James Spence became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2005

14 January 2005

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1990

2 April 1990

  • Incorporated at Companies House

Companies House

In the full report: all 24 events

  • All 24 events in its history (12 shown here)
  • Every director appointment and resignation: 8
Instant PDF download

Firms connected to Spence (Insurance Services)

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

connected firms
11
share a director
10
share its postcode
1

In the full report: all 11 connected firms, named

  • How each is linked: shared directors (10), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
Instant PDF download

Firms like Spence (Insurance Services)

Other firms of the same type (insurance broker), nearest first.

In Bathgate

Nine Edge Wealth (Scotland) LimitedBathgateAppointed representative

In the Edinburgh (EH) postcode area

Ckd Galbraith LLPEdinburghAuthorisedArthur TemlettEdinburghAuthorisedEdinburgh Risk Management (General) LimitedHaddingtonAuthorisedFamily & Business Assurance (Services) LimitedEdinburghAuthorisedFirst Class Mortgage Advice LimitedRosewellAuthorised

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 (Insurance Services)

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

  • 80 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 24 events in its history
  • 11 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Spence (Insurance Services) Ltd. FCA authorised?
Yes, Spence (Insurance Services) Ltd. (FRN 300017) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2005 and works as an insurance broker. The FCA has placed a limit on what it may do.
What is Spence (Insurance Services)’s phone number and website?
The FCA register lists the phone number 01506 632055 and the website spenceinsurance.co.uk for Spence (Insurance Services). If you were given different contact details, use these to check with the firm before going any further.
Is Spence (Insurance Services) a scam or clone?
Spence (Insurance Services) 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 (Insurance Services)?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Spence (Insurance Services) to the Financial Ombudsman Service, free of charge.
Who owns Spence (Insurance Services)?
Spence (Insurance Services) is owned by Clear Group (Holdings) Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 9 April 2026. Before that, it was controlled by Mr Stewart William Spence, Mr William James Spence and Mrs Catherine Brand Banks Spence.
Who runs Spence (Insurance Services)?
Companies House lists 2 directors of Spence (Insurance Services): Stewart William Spence and Michael David Simon Edgeley.
How long has Spence (Insurance Services) been in business?
The company was formed on 2 April 1990, and has held its current FCA authorisation since January 2005.
What do Spence (Insurance Services)’s latest accounts show?
Its latest accounts, to 31 August 2025, show net assets of £2.39m (−15% from £2.82m) and cash at bank of £1.40m (+33% from £1.05m).
Does Spence (Insurance Services) use any other names?
It trades as Spence Insurance.

Sources and links

The full report on Spence (Insurance Services) Ltd.

£19.99 · Instant PDF download

Loading secure checkout…