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
Openwork Limited Reference number: 408285 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.
- Wellspring Financial Ltd (FRN 938417) is an AR of Openwork Limited (FRN 408285). When you use Wellspring Financial's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Wellspring 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.
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No website on the FCA register
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Phone number
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Address
Wellspring Financial, First Floor, 530 Durham Road, Gateshead, NE9 6HU, United Kingdom
In the full report: 2 background checks
- What kind of line 0191 484 1920 is
- Who else gives the postcode NE9 6HU
Other names (1)
If you were contacted under any of these names, it is this firm.
- Wellspring Financial Former name: A name it was registered under before.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Openwork 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
- 16251773 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 14 February 2025 (1 year old)
- Registered office
- 530 Durham Road, Gateshead, NE9 6HU, United Kingdom
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Benjamin Thomas Dawson | Director | Aug 1983 | 14 Feb 2025 | 2 other companies |
| Adam Stephen Finn | Director | Feb 1979 | 14 Feb 2025 | None |
| James Nathan Merton | Director | Nov 1991 | 14 Feb 2025 | 1 other company |
| Jonathan Paul Merton | Director | Oct 1989 | 14 Feb 2025 | 1 other company |
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
- 2
- still active
- 2
- run together
- 1
In the full report: all 2 companies, named
- What each company does, and whether it is still trading
- Which of these 4 directors sit on each board, and since when
- Any that went into liquidation or administration
- The 1 company these 4 directors run together
Key dates in its history
Wellspring Financial’s history from the FCA register and Companies House, newest first.
2025
24 April 2025
- Changed its registered name from "Wellspring Financial"
FCA register
14 February 2025
- Incorporated at Companies House
- Adam Stephen Finn gained significant control
- Benjamin Thomas Dawson gained significant control
- James Nathan Merton gained significant control
- Jonathan Paul Merton gained significant control
Companies House
2020
13 November 2020
- Became an appointed representative
FCA register
In the full report: all 11 events
- All 11 events in its history (7 shown here)
- Every director appointment and resignation: 4
Firms connected to Wellspring Financial
Other FCA-listed firms that share a director, phone number or address with Wellspring Financial. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Firms like Wellspring Financial
Other firms of the same type (financial adviser), nearest first.
In Gateshead
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 Wellspring 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 11 events in its history
- 2 connected firms, 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