Abs (U.K.) Limited

Reference number: 736640

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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 absabetterway.co.uk first appeared online, and whether it can receive email
  • What kind of line 01422 880008 is
  • Who else gives the postcode HX5 9DA
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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
  • Debt Adjusting
  • Debt-counselling

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
02685351
Company status
Active
Company type
Private limited company
Incorporated
7 February 1992 (34 years old)
Registered office
Waddington & Ledger Building Lowfields Business Park, Lacy Way, Elland, Halifax, HX5 9DA, England
Nature of business
  • Other retail sale not in stores, stalls or markets (SIC 47990)

Directors and company secretaries

Name Role Born Appointed Other companies
Brett Charles Abson Director Feb 1973 23 Apr 2001 4 other companies
Paul Stuart Lees Director Aug 1987 1 Sep 2010 8 other companies
David Gareth Lees Director Mar 1986 1 May 2017 1 other company
Daniel Paul Whalley Director May 1985 3 May 2019 None

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
8
closed down
5
is FCA-registered
1

In the full report: all 8 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 one on the FCA register
  • The 4 companies these 4 directors run together
  • All 9 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£220k

−62% from £574k

Cash at bank

£864k

−17% from £1.04m

Employees (average)

15

No earlier figure to compare

Owed within a year

£849k

+14% from £746k

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 02685351. 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

Abs (U.K.)’s history from the FCA register and Companies House, newest first.

Key events (6) All events (22)

2023

4 September 2023

  • John Lees gave up control
  • UK IT Holdings Ltd took control (75–100% of shares)

Companies House

2016

15 June 2016

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

FCA register

6 April 2016

  • John Lees took control (75–100% of votes)

Companies House

1992

7 February 1992

  • Incorporated at Companies House

Companies House

In the full report: all 22 events

  • All 22 events in its history (6 shown here)
  • Every director appointment and resignation: 14
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Firms connected to Abs (U.K.)

Other FCA-listed firms that share a director, phone number or address with Abs (U.K.). A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
1
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (1), the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Abs (U.K.)

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

In Elland

Time4sleep LtdEllandAuthorised

In the Halifax (HX) postcode area

Msofas LimitedHalifaxAuthorisedLister Horsfall LimitedHalifaxAuthorisedWFAD Holdings LtdHalifaxAuthorisedCraggs Energy LimitedHebden BridgeAppointed representativeGEMCO UK LtdHebden BridgeAppointed representative

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 Abs (U.K.)

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 22 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Abs (U.K.) Limited FCA authorised?
Yes, Abs (U.K.) Limited (FRN 736640) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2016 and works as a retailer. The FCA has placed no limits on its permissions.
What is Abs (U.K.)’s phone number and website?
The FCA register lists the phone number 01422 880008 and the website absabetterway.co.uk for Abs (U.K.). If you were given different contact details, use these to check with the firm before going any further.
Is Abs (U.K.) a scam or clone?
Abs (U.K.) 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 Abs (U.K.)?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Abs (U.K.) handles your money, so check the specific product before you commit. You can also refer complaints about Abs (U.K.) to the Financial Ombudsman Service, free of charge.
Who owns Abs (U.K.)?
Abs (U.K.) is owned by UK IT Holdings Ltd, which holds 75–100% of shares, since 4 September 2023. Before that, it was controlled by Mr John Lees.
Who runs Abs (U.K.)?
Companies House lists 4 directors of Abs (U.K.): Brett Charles Abson, Paul Stuart Lees, David Gareth Lees and Daniel Paul Whalley.
How long has Abs (U.K.) been in business?
The company was formed on 7 February 1992, and has held its current FCA authorisation since June 2016.
What do Abs (U.K.)’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £220k (−62% from £574k) and cash at bank of £864k (−17% from £1.04m).

Sources and links

The full report on Abs (U.K.) Limited

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