Able Finance & Loans Limited

Reference number: 702834

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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 ableloans.co.uk first appeared online, and whether it can receive email
  • What kind of line 01476 606006 is
  • Who else gives the postcode NG33 5DS
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FCA permissions and consumer protection

  • 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 (3 permissions)
  • Credit Broking
  • Entering into a regulated home credit loan agreement as lender
  • Exercising or having the right to exercise the lender's rights and duties under a regulated home credit loan agreement

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 status
Active
Company type
Private limited company
Incorporated
18 April 2006 (20 years old)
Registered office
16 Westgate, Grantham, NG31 6LT, England
Nature of business
  • Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul Leon Maywood Director May 1953 18 Apr 2006 2 other companies
Wayne Alexander Barrett Director Nov 1974 9 May 2019 2 other companies

Other companies run by these 2 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
4
closed down
2
still active
2

In the full report: all 4 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£73.5k

−13% from £84.2k

Cash at bank

£4,930

−62% from £13.1k

Employees (average)

2

−33% from 3

Owed within a year

£54.5k

+20% from £45.4k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 05782762. 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

Able Finance & Loans’s history from the FCA register and Companies House, newest first.

2026

18 May 2026

  • Paul Leon Maywood gave up control
  • Paul Leon Maywood took control (75–100% of shares)

Companies House

2025

11 March 2025

  • Wayne Alexander Barrett became a part-owner (25–50% of shares)

Companies House

2016

1 July 2016

  • Paul Leon Maywood took control (75–100% of shares)

Companies House

26 February 2016

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2006

18 April 2006

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (7 shown here)
  • Every director appointment and resignation: 2
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Firms like Able Finance & Loans

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

In Grantham

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 Able Finance & Loans

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

  • 4 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history

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Frequently asked questions about this firm

Is Able Finance & Loans Limited FCA authorised?
Yes, Able Finance & Loans Limited (FRN 702834) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2016 and works as a lender. The FCA has placed no limits on its permissions.
What is Able Finance & Loans’ phone number and website?
The FCA register lists the phone number 01476 606006 and the website ableloans.co.uk for Able Finance & Loans. If you were given different contact details, use these to check with the firm before going any further.
Is Able Finance & Loans a scam or clone?
Able Finance & Loans 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 Able Finance & Loans?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Able Finance & Loans handles your money, so check the specific product before you commit. You can also refer complaints about Able Finance & Loans to the Financial Ombudsman Service, free of charge.
Who owns Able Finance & Loans?
Companies House lists 2 people with significant control of Able Finance & Loans: Mr Paul Leon Maywood (75–100% of shares) and Mr Wayne Alexander Barrett (25–50% of shares).
Who runs Able Finance & Loans?
Companies House lists 2 directors of Able Finance & Loans: Paul Leon Maywood and Wayne Alexander Barrett.
How long has Able Finance & Loans been in business?
The company was formed on 18 April 2006, and has held its current FCA authorisation since February 2016.
What do Able Finance & Loans’ latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £73.5k (−13% from £84.2k) and cash at bank of £4,930 (−62% from £13.1k).

Sources and links

The full report on Able Finance & Loans Limited

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