Adil Specialist Cars Ltd

Reference number: 763606

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Authorised, but dissolved at Companies House

Companies House records this company as dissolved, meaning the legal entity no longer exists, while its FCA record is still open. The FCA is looking into it. Do not deal with anyone trading under this name.

What the FCA says

Attention - Dissolved Firm

The FCA has become aware that this firm has a status of ‘Dissolved’ at Companies House and we are currently carrying out further investigations. If you have any concerns about this firm, please contact the FCA.

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Address

    Steven Wright, Dains,, 2nd Floor,, 18 Bothwell Street, ,, Glasgow, G2 6NU, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode G2 6NU
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Other names (1)

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

  • F1 Motor Company Ltd Former name

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.

Concerns on the company record

  • Companies House records this company as dissolved, but it is still authorised on the FCA register.
  • This company has insolvency history on record.
Company number
SC491651
Company status
Dissolved
Company type
Private limited company
Incorporated
20 November 2014 (11 years old)
Registered office
169 West George Street, Glasgow, G2 2LB
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Farrakh Adil Director Nov 1971 20 Nov 2014 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 November 2018Small company accountsNot audited

Total equity

−£1,999

Down £2,270 from £271

Cash at bank

£23.3k

+254% from £6,581

Employees (average)

1

Same as 1

Owed within a year

£217k

+7.2% from £202k

Total equity is negative: on its last balance sheet the company owed £1,999 more than it owned.

Assets and liabilities

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 SC491651. 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

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

Key events (6) All events (9)

2026

27 August 2026

  • Company dissolved

Companies House

2018

14 February 2018

  • Changed its registered name from "F1 Motor Company Ltd"

FCA register

2016

17 November 2016

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

FCA register

1 October 2016

  • Farrakh Adil took control (75–100% of shares)

Companies House

2014

20 November 2014

  • Incorporated at Companies House

Companies House

In the full report: all 9 events

  • All 9 events in its history (6 shown here)
  • Every director appointment and resignation: 1
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Firms like Adil Specialist Cars

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

In Glasgow

A1 Motors (Scotland) LimitedglasgowAuthorisedAudi Technik Centre LtdGlasgowAuthorisedAutozone Ecosse LimitedGlasgowAuthorisedBank Motors LimitedGlasgowAuthorisedCA Motorcycles (Scotland) LtdGlasgowAuthorisedCaledonian Independent Leasing LimitedGlasgowAuthorised

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 Adil Specialist 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
  • 1 background check on its contact details
  • All 9 events in its history

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Frequently asked questions about this firm

Is Adil Specialist Cars Ltd FCA authorised?
Yes, Adil Specialist Cars Ltd (FRN 763606) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2016 and works as a car dealer. The FCA has placed no limits on its permissions.
Is Adil Specialist Cars a scam or clone?
Adil Specialist 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 Adil Specialist Cars?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Adil Specialist Cars handles your money, so check the specific product before you commit. You can also refer complaints about Adil Specialist Cars to the Financial Ombudsman Service, free of charge.
Who owns Adil Specialist Cars?
Companies House lists one person with significant control of Adil Specialist Cars: Mr Farrakh Adil (75–100% of shares).
Who runs Adil Specialist Cars?
Companies House lists one director of Adil Specialist Cars: Farrakh Adil.
How long has Adil Specialist Cars been in business?
The company was formed on 20 November 2014. Companies House now lists it as dissolved.
What do Adil Specialist Cars’ latest accounts show?
Its latest accounts, to 30 November 2018, show total equity of −£1,999 (down £2,270 from £271) and cash at bank of £23.3k (+254% from £6,581).
Does Adil Specialist Cars use any other names?
It has previously used the name F1 Motor Company Ltd.

Sources and links

The full report on Adil Specialist Cars Ltd

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