Introducer appointed representative
This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.
- Appointed for 3 years
- Protected through the principal
- No FCA actions
- Active company since 2017
- Accounts filed up to 31 October 2025
- On its latest accounts it owed £234k more than it owned
Responsible principal firm
Social Money Limited Reference number: 675283 View firm →What does this mean?
- An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
- Wave Direct Limited (FRN 988145) introduces customers to Social Money Limited (FRN 675283). Any regulated advice or arranging is done by the principal, not Wave Direct.
- Example: if Wave Direct refers you to a financial adviser, the advice should come from the principal firm, not from Wave Direct itself.
- 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.
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No website on the FCA register
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Phone number
-
Address
Unit 21B, The Pantry, Bakers Yard, Christon Road, Gosforth, Newcastle upon Tyne, NE3 1XD, United Kingdom
In the full report: 2 background checks
- What kind of line 07498 725958 is
- Who else gives the postcode NE3 1XD
Other names (4)
If you were contacted under any of these names, it is this firm.
- Wave Trading name: A name it trades under now.
- Wave Spas Trading name: A name it trades under now.
- Wave Sups Trading name: A name it trades under now.
- Wave Global Former trading name: A name it used to trade under.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Social Money 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, freeYou 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
- 10899276 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 4 August 2017 (9 years old)
- Registered office
- Unit 21b The Pantry, Bakers Yard, Gosforth, Tyne And Wear, NE3 1XD, England
- Nature of business
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- Wholesale of other machinery and equipment (SIC 46690)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Daniel Simon Luper | Director | Jul 1984 | 4 Aug 2017 | None |
| Tom Nicholas John Jeffrey | Director | May 1986 | 24 Sep 2019 | 3 other companies |
| GROWTH PARTNER LLP | Corporate director | Not published | 24 Apr 2026 | None |
Other companies run by these 3 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
- 3
- closed down
- 3
In the full report: all 3 companies, named
- What each company does, and whether it is still trading
- Which of these 3 directors sit on each board, and since when
- Any that went into liquidation or administration
- All 11 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£234k
Down £122k from −£113k
Cash at bank
£407k
+100% from £203k
Employees (average)
20
+5.3% from 19
Owed within a year
£2.49m
+25% from £1.99m
Net assets are negative: on its last balance sheet the company owed £234k more than it owned.
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
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 10899276. 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
Wave Direct’s history from the FCA register and Companies House, newest first.
2023
10 May 2023
- Thomas Nicholas John Jeffrey stopped being a part-owner
Companies House
2022
2 December 2022
- Became an introducer appointed representative
FCA register
2021
2 March 2021
- Growth Partner LLP became a part-owner (25–50% of shares)
Companies House
2017
25 August 2017
- Thomas Nicholas John Jeffrey became a part-owner (25–50% of shares)
Companies House
4 August 2017
- Incorporated at Companies House
- Daniel Simon Luper became a part-owner (25–50% of shares)
Companies House
In the full report: all 29 events
- All 29 events in its history (6 shown here)
- Every director appointment and resignation: 18
Firms connected to Wave Direct
Other FCA-listed firms that share a director, phone number or address with Wave Direct. 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
Firms like Wave Direct
Other firms of the same type (credit broker), nearest first.
In Newcastle upon Tyne
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 Wave Direct
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 other companies its directors have run, named
- 2 background checks on its contact details
- 7 years of accounts, charted
- All 29 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk