Profit Ability North East Limited

Reference number: 965154

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

Responsible principal firm

Continuum (Financial Services) LLP Reference number: 802331 Authorised 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.
  • Profit Ability North East Limited (FRN 965154) introduces customers to Continuum (Financial Services) LLP (FRN 802331). Any regulated advice or arranging is done by the principal, not Profit Ability North East.
  • Example: if Profit Ability North East refers you to a financial adviser, the advice should come from the principal firm, not from Profit Ability North East 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.

Identity

Check their details

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

  • Verified phone number

    01661 872004

  • Verified address

    1st Floor The Smithyside, 7 Bell Villas, Ponteland, Newcastle Upon Tyne, NE20 9BD, United Kingdom

Company details

From the company's Companies House record.

Company number
04201918
Company status
Active
Company type
Private limited company
Incorporated
19 April 2001 (25 years old)
Registered office
C/O Russell & Co 1st Floor, The Smithyside, 7 Bell Villas, Ponteland, Newcastle Upon Tyne, NE20 9BD
Nature of business
  • Accounting and auditing activities (SIC 69201)

Current directors and secretaries

Name Role Born Appointed
Brian Vernon Russell Director Apr 1964 19 Apr 2001
Susanne Russell Secretary Not published 19 Apr 2001

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through Continuum (Financial Services) LLP, 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: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Profit Ability North East Limited FCA authorised?
Profit Ability North East Limited (FRN 965154) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for Profit Ability North East?
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. Profit Ability North East Limited (FRN 965154) introduces customers to Continuum (Financial Services) LLP (FRN 802331). Any regulated advice or arranging is done by the principal, not Profit Ability North East. Example: if Profit Ability North East refers you to a financial adviser, the advice should come from the principal firm, not from Profit Ability North East 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.
Is my money safe with Profit Ability North East?
Protection works through Continuum (Financial Services) LLP, the principal firm responsible for Profit Ability North East's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Profit Ability North East a scam or clone?
Profit Ability North East is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Profit Ability North East's Firm Reference Number (FRN)?
Profit Ability North East's FRN is 965154. You can verify it on the FCA register.