Ace Cars Ltd

Reference number: 749501

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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 acecarltd.co.uk first appeared online, and whether it can receive email
  • What kind of line 07884 751981 is
  • Who else gives the postcode OL10 3DD
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • Ace car sales Trading name: A name it trades under now.

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 status
Active
Company type
Private limited company
Incorporated
19 March 2015 (11 years old)
Registered office
32 Heywood Street, Bury, BL9 7EA, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Usman Rauf Director Sep 1984 19 Mar 2015 1 other company

Other companies run by its director

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 company
1
closed down
1

In the full report: all 1 company, named

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

Year to 30 April 2025Micro-entity accountsNot audited

Net assets

£197k

+56% from £126k

Employees (average)

9

+13% from 8

Owed within a year

£605k

+44% from £419k

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 09497984. 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

Ace Cars’s history from the FCA register and Companies House, newest first.

2024

1 July 2024

  • Sulaiman Rauf became a part-owner (25–50% of shares)

Companies House

2023

5 January 2023

  • Madiha Nawaz became a part-owner (25–50% of shares)

Companies House

2016

23 June 2016

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

FCA register

6 April 2016

  • Usman Rauf became a part-owner (25–50% of shares)

Companies House

2015

19 March 2015

  • Incorporated at Companies House

Companies House

In the full report: all 10 events

  • All 10 events in its history (6 shown here)
  • Every director appointment and resignation: 1
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Firms like Ace Cars

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

In Heywood

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 Ace Cars

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 10 events in its history

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Frequently asked questions about this firm

Is Ace Cars Ltd FCA authorised?
Yes, Ace Cars Ltd (FRN 749501) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2016 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Ace Cars’ phone number and website?
The FCA register lists the phone number 07884 751981 and the website acecarltd.co.uk for Ace Cars. If you were given different contact details, use these to check with the firm before going any further.
Is Ace Cars a scam or clone?
Ace Cars 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 Ace Cars?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Ace Cars handles your money, so check the specific product before you commit. You can also refer complaints about Ace Cars to the Financial Ombudsman Service, free of charge.
Who owns Ace Cars?
Companies House lists 3 people with significant control of Ace Cars: Mr Sulaiman Rauf (25–50% of shares), Mrs Madiha Nawaz (25–50% of shares) and Mr Usman Rauf (25–50% of shares).
Who runs Ace Cars?
Companies House lists one director of Ace Cars: Usman Rauf.
How long has Ace Cars been in business?
The company was formed on 19 March 2015, and has held its current FCA authorisation since June 2016.
What do Ace Cars’ latest accounts show?
Its latest accounts, to 30 April 2025, show net assets of £197k (+56% from £126k).
Does Ace Cars use any other names?
It trades as Ace car sales.

Sources and links

The full report on Ace Cars Ltd

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