Verso Wealth Management Limited

Reference number: 153871

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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 versowm.com first appeared online, and whether it can receive email
  • What kind of line 0151 375 9848 is
  • Who else gives the postcode EC4N 6HL
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Other names (5)

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

  • Munnypot Trading name
  • Pavis Financial Management Trading name
  • BDO Stoy Hayward Financial Services (North) Ltd Former name
  • Pavis Financial Management Limited Former name
  • Pavis Financial Management Ltd Former 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.
  • Advise on or arrange mortgages · Arrange equity release 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 (16 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL Advisor
  • Acting as a CBTL arranger
  • Acting as a CBTL Arranger
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Arranging safeguarding and administration of assets
  • Debt-counselling
  • Making arrangements with a view to a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

FCA disciplinary action

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
02625986
Company status
Active
Company type
Private limited company
Incorporated
2 July 1991 (35 years old)
Registered office
Cannon Place, 78 Cannon Street, London, EC4N 6HL, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Quentin Mccormick Director Jun 1969 20 May 2013 2 other companies
Simon George Redgrove Director May 1965 26 Jan 2022 11 other companies
Neil Andrew Mcgill Director Feb 1977 12 Mar 2024 65 other companies
Alan Mathewson Director Apr 1970 12 Mar 2024 25 other companies

Other companies run by these 4 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
94
closed down
47
went insolvent
6

In the full report: all 94 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • The 6 that went into liquidation or administration
  • The 8 on the FCA register
  • The 8 companies these 4 directors run together
  • All 20 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 June 2021Small company accountsNot audited

Net assets

£464k

+18% from £395k

Cash at bank

£416k

+37% from £304k

Employees (average)

21

No earlier figure to compare

Owed within a year

£134k

+30% from £103k

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 02625986. 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

Verso Wealth Management’s history from the FCA register and Companies House, newest first.

Key events (14) All events (58)

2024

5 September 2024

  • FCA imposed a requirement (Firm to abide by Deed Poll regarding past business of Heritage Independent Financial Advisors Ltd)

FCA register

11 March 2024

  • FCA imposed a requirement (Firm to abide by Deed Poll regarding past business of IEP Financial Limited.)

FCA register

24 January 2024

  • FCA imposed a requirement (Firm to abide by Deed Poll regarding past business of CDC Wealth Management Limited)

FCA register

2023

17 November 2023

  • Changed its registered name from "Pavis Financial Management Limited"

FCA register

2022

26 January 2022

  • Robert Anthony Newton stopped being the majority owner
  • Vwm Holdco Limited took control (75–100% of shares)

Companies House

2016

1 June 2016

  • Robert Anthony Newton became the majority owner (50–75% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2002

22 August 2002

  • Changed its registered name from "BDO Stoy Hayward Financial Services (North) Ltd"

FCA register

2001

1 December 2001

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

FCA register

1998

3 November 1998

  • Changed its registered name from "Pavis Financial Management Ltd"

FCA register

1995

16 January 1995

  • Regulated by the Personal Investment Authority from this date

FCA register

1991

2 July 1991

  • Incorporated at Companies House

Companies House

In the full report: all 58 events

  • All 58 events in its history (14 shown here)
  • Every director appointment and resignation: 37
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Firms connected to Verso Wealth Management

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

connected firm
1
share a director
1
past links
7

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
  • 7 past links through former directors
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Firms like Verso Wealth Management

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

In London

Ernst & Young LLPLondonAuthorisedGallagher (Administration & Investment) LimitedLondonAuthorisedGallagher Risk & Reward LimitedLondonAuthorisedKroll Securities LtdLondonAuthorisedCambridge Mercantile Risk Management (UK) LtdLondonAuthorisedCapita Pension Solutions LimitedLondonAuthorised

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 Verso Wealth Management

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

  • 94 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 58 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Verso Wealth Management Limited FCA authorised?
Yes, Verso Wealth Management Limited (FRN 153871) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a financial adviser. The FCA has placed no limits on its permissions.
What is Verso Wealth Management’s phone number and website?
The FCA register lists the phone number 0151 375 9848 and the website versowm.com for Verso Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Verso Wealth Management a scam or clone?
Verso 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 Verso 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 Verso Wealth Management to the Financial Ombudsman Service, free of charge.
Who owns Verso Wealth Management?
Verso Wealth Management is owned by Vwm Holdco Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 26 January 2022. Before that, it was controlled by Mr Robert Anthony Newton.
Who runs Verso Wealth Management?
Companies House lists 4 directors of Verso Wealth Management: Quentin McCormick, Simon George Redgrove, Neil Andrew McGill and Alan Mathewson.
How long has Verso Wealth Management been in business?
The company was formed on 2 July 1991, and has held its current FCA authorisation since December 2001.
What do Verso Wealth Management’s latest accounts show?
Its latest accounts, to 30 June 2021, show net assets of £464k (+18% from £395k) and cash at bank of £416k (+37% from £304k).
Does Verso Wealth Management use any other names?
It trades as Munnypot and Pavis Financial Management. It has previously used 3 other names: BDO Stoy Hayward Financial Services (North) Ltd, Pavis Financial Management Limited and Pavis Financial Management Ltd.

Sources and links

The full report on Verso Wealth Management Limited

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