help please with Universal Wealth preservation Trust

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  • jimjames
    jimjames Posts: 17,611 Forumite
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    edited 17 March 2017 at 2:07PM
    racey wrote: »
    I searched Companies House but couldn't find the records for Universal Wealth Trust. Does anyone know the correct company name?

    Posts have now been edited by MSE Investigator.

    Strangely my previous post seems to have been deleted which is bizarre as it contains publicly available info on their website. The company details are:

    Universal Tax Solutions Limited
    Registered in England and Wales
    Company No. 06825924
    VAT Reg. 153 2039 41

    Dencora House
    34 White House Road
    Ipswich, Suffolk
    IP1 5LT

    It would be useful for MSE to explain why information on a companies website cannot be posted here. I also notice that they're recruiting so anyone after a job might find it useful
    https://www.cloudonlinerecruitment.co.uk/Universal/
    Remember the saying: if it looks too good to be true it almost certainly is.
  • jimjames
    jimjames Posts: 17,611 Forumite
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    racey wrote: »
    There is a website for "Universal" which mentions "Universal tax solutions" at the bottom - Steven Peter Long" is the sole director.
    There is a company called Universal Wealth Preservation based in Newcastle.
    It would be useful if someone could clarify which company the above discussion refers to.

    The company details I posted are above. It's definitely the company with director Steven Peter LONG as the company number is the same as their website.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • racey
    racey Posts: 165 Forumite
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    jimjames wrote: »
    Posts have now been edited by MSE Investigator.

    Strangely my previous post seems to have been deleted which is bizarre as it contains publicly available info on their website. The company details are:

    Universal Tax Solutions Limited
    Registered in England and Wales
    Company No. 06825924
    VAT Reg. 153 2039 41

    Dencora House
    34 White House Road
    Ipswich, Suffolk
    IP1 5LT

    It would be useful for MSE to explain why information on a companies website cannot be posted here. I also notice that they're recruiting so anyone after a job might find it useful
    https://www.cloudonlinerecruitment.co.uk/Universal/
    So are we talking about Universal Wealth Preservation? Or Universal Tax Solutions?
    They are two different companies.
  • jimjames
    jimjames Posts: 17,611 Forumite
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    racey wrote: »
    So are we talking about Universal Wealth Preservation? Or Universal Tax Solutions?
    They are two different companies.

    Or is one the trading name? They may be different but it appears they are all part of the same group. Universal Wealth Preservation is the name used on their website where the company details are as above. The website is http://www.universalgroup.co.uk/
    Remember the saying: if it looks too good to be true it almost certainly is.
  • cloud_dog
    cloud_dog Posts: 6,044 Forumite
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    Whilst this (these) situations are extremely serious for both parties (people involved and the company itself) it does make me chortle, in a people power sort of way, that the individuals from the company and the representation from the company appear very frustrated with the delay in responses for a request to post from MSE, or for the inability to defend the comments and information posted on this thread.

    It is probably a fraction of the frustration the OP (and I believe another contributor) has faced in being unable to obtain communications or progress their own issue(s) with the company!
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Doc_N
    Doc_N Posts: 8,268 Forumite
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    Well, goodness me - my posts now also seem to be suffering from an attack of the {Text removed by MSE Investigator} bug.

    The problem with all this is that it's simply causing what appeared to be a fairly insignificant but perfectly justifiable thread to get greater and greater prominence.

    I had no particular interest in, or view on, any of these companies, or Stephen Peter Long before all this started, but I have to admit to being very interested now.

    Perhaps time to revisit one of their seminars with a few more questions.
  • jimjames
    jimjames Posts: 17,611 Forumite
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    Doc_N wrote: »
    Perhaps time to revisit one of their seminars with a few more questions.

    There's actually one on next week close by when I have a day off. I've registered to go so I think I will ask a few questions and see how they respond...wait for an update!
    Remember the saying: if it looks too good to be true it almost certainly is.
  • jimjames wrote: »
    There's actually one on next week close by when I have a day off. I've registered to go so I think I will ask a few questions and see how they respond...wait for an update!

    Let us know how you get on ..... I wish I could be a fly on the wall at the seminar ... There is none near me for a while!!

    Seems some of my posts have been removed!!
  • Doc_N
    Doc_N Posts: 8,268 Forumite
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    http://www.universalgroup.co.uk/seminars

    Quite a few seminars over the next month or so, if anybody's interested:

    ASHFORD
    WILMINGTON
    ESHOTT
    HEXHAM
    STAFFORD
    CREWE
    CHESTER
    BARNSLEY
    CHESTERFIELD
    RETFORD
    EAST GRINSTEAD
    MAIDSTONE
    SELSDON

    The one I attended was interesting, and there was some literature I'd have liked to take away to read through, but it was refused without giving them name and address details, which I wasn't too keen on giving. It all sounded very plausible, but (speaking obviously in general terms here) IHT schemes usually involve losing control of assets (risky), and nursing home fee avoidance schemes tend to get attacked by local authorities because the very act of enquiring about one is usually fatal to its success.
  • UniversalWealthP
    UniversalWealthP Posts: 2 Organisation Representative
    This is an official response from a representative of Universal Wealth Preservation (UWP) in relation to this thread and the various comments made.

    Universal and its large team of dedicated staff are committed to providing a comprehensive quality service to its thousands of clients around the UK. Client satisfaction is a top priority.

    No business is perfect, and we recognise that in recent weeks our service has fallen below that which we expect or that our clients deserve in a handful of cases. This has been caused by the unplanned, unforeseen and unprecedented absence of a Trustee for an extended period. This unfortunate situation was entirely beyond the control of the company or the Trustee.

    We would like to publicly express the sincere apologies that we have made to each of those clients individually and in private for any distress caused by the brief but regrettable delays in completing their transactions.

    This unexpected situation has highlighted a weakness in our processes that we are now working to remedy so that this isolated incident cannot be repeated. New systems and procedures are being introduced to prevent this.

    The Principals, Management and staff at Universal strive to operate with the utmost integrity and professionalism within the parameters of the Law. On occasions, robust procedures designed to protect both our client and his/her beneficiaries can appear to be long-winded or time-consuming but the security and legal integrity of every transaction we undertake is paramount. We will always strive to act in the best interests of our client and in accordance with his wishes which can, at times, be contrary to those of a potential beneficiary.

    Universal operates nationwide and employs a team of highly experienced and qualified lawyers, accountants and tax specialists to provide expert advice. Every week hundreds of people attend our free seminars to obtain valuable estate planning information. Over the years, we have legally protected the wealth of thousands of satisfied clients for them and for the future security of their families.
    Verified
    I am a verified representative of Universal Wealth. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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