Tungsten Financial Ltd: FCA regulated?

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 2 years
Protected through the principal
No FCA actions
Active company since 2023
Accounts filed up to 31 August 2026
On its latest accounts it owed £2,520 more than it owned

Responsible principal firm

St. James's Place Wealth Management Plc Reference number: 195351 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.
Tungsten Financial Ltd (FRN 1012243) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Tungsten Financial's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from Tungsten 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.

No website on the FCA register
Phone number

07432 888968
Address

6 Ocean Way, Cardiff, CF24 5HF, United Kingdom

In the full report: 2 background checks

What kind of line 07432 888968 is
Who else gives the postcode CF24 5HF

FCA permissions and consumer protection

Protection through the principal firm
Protection works through St. James's Place Wealth Management PLC, 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: 15069286 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 14 August 2023 (3 years old)
Registered office: 15 Neptune Court Vanguard Way, Cardiff, CF24 5PJ, Wales
Nature of business: Life insurance (SIC 65110)
Non-life insurance (SIC 65120)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Gareth Griffiths	Director	Nov 1979	14 Aug 2023	2 other companies

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 companies: 2
closed down: 1
still active: 1

In the full report: all 2 companies, 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

Year to 31 August 2026Micro-entity accountsNot audited

Net assets

−£2,520

Up £10.0k from −£12.6k

Employees (average)

1

Same as 1

Owed within a year

£3,946

−81% from £20.9k

Net assets are negative: on its last balance sheet the company owed £2,520 more than it owned.

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 15069286. 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

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

2024

15 May 2024

Became an appointed representative

FCA register

2023

14 August 2023

Incorporated at Companies House
Gareth Griffiths took control (75–100% of shares)
Gareth Griffiths appointed as a director

Companies House

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

Firms connected to Tungsten Financial

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

connected firms: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: the same postcode (3)
Who links each one: the named directors, with dates

Firms like Tungsten Financial

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

In Cardiff

Abram Partnership LtdCardiffAppointed representative Adam Hughes Wealth Management LtdCardiffAppointed representative Andrew PrattCardiffAppointed representative Andrew VarleyCardiffAppointed representative Ben PerkinsCardiffAppointed representative Ben 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 Tungsten Financial

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

2 other companies its directors have run, named
2 background checks on its contact details
All 4 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Tungsten Financial Ltd FCA authorised?

Tungsten Financial Ltd (FRN 1012243) 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 Tungsten 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. Tungsten Financial Ltd (FRN 1012243) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Tungsten Financial's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Tungsten 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 Tungsten Financial’s phone number?

The FCA register lists the phone number 07432 888968 for Tungsten Financial. If you were given different contact details, use these to check with the firm before going any further.

Is Tungsten Financial a scam or clone?

Tungsten 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 Tungsten Financial?

Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for Tungsten Financial's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns Tungsten Financial?

Companies House lists one person with significant control of Tungsten Financial: Mr Gareth Griffiths (75–100% of shares).

Who runs Tungsten Financial?

Companies House lists one director of Tungsten Financial: Gareth Griffiths.

How long has Tungsten Financial been in business?

The company was formed on 14 August 2023.

What do Tungsten Financial’s latest accounts show?

Its latest accounts, to 31 August 2026, show net assets of −£2,520 (up £10.0k from −£12.6k).