Introducer appointed representative
This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.
- Appointed for under a year
- Protected through the principal
- No FCA actions
- Active company since 2014
- Accounts filed up to 31 March 2026
Responsible principal firm
SHERMIN FINANCE LIMITED Reference number: 727594 View firm →What does this mean?
- An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
- AEL ELECTRICAL SERVICES LTD (FRN 1060501) introduces customers to SHERMIN FINANCE LIMITED (FRN 727594). Any regulated advice or arranging is done by the principal, not AEL ELECTRICAL SERVICES.
- Example: if AEL ELECTRICAL SERVICES refers you to a financial adviser, the advice should come from the principal firm, not from AEL ELECTRICAL SERVICES itself.
- Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
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.
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No website on the FCA register
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Phone number
-
Address
Unit 5, Leaside, Aycliffe Business Park, Newton Aycliffe, County Durham, DL5 6HX, United Kingdom
In the full report: 2 background checks
- What kind of line 07593 580375 is
- Who else gives the postcode DL5 6HX
Other names (1)
If you were contacted under any of these names, it is this firm.
- AEL Electrical Trading name: A name it trades under now.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Shermin Finance Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
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
- 09328226 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 26 November 2014 (11 years old)
- Registered office
- Design House Unit 5 Leaside, Aycliffe Business Park, Newton Aycliffe, Co Durham, DL5 6HX, England
- Nature of business
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- Electrical installation (SIC 43210)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Wayne Dunn | Director | Mar 1970 | 26 Nov 2014 | 1 other company |
| Lee Trevor Willis | Director | Apr 1973 | 26 Nov 2014 | 3 other companies |
| Lee Trevor Willis | Secretary | Not published | 26 Nov 2014 | – |
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
- 3
- closed down
- 1
- run together
- 1
In the full report: all 3 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
- The 1 company these 2 directors run together
Filed accounts and finances
Net assets
£329k
+26% from £262k
Cash at bank
£110k
−8.3% from £120k
Employees (average)
19
−37% from 30
Owed within a year
£460k
−43% from £812k
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2020 to 2026
- The chart, over every year
- Every filed figure, year by year
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.
Accounts filed at Companies House for company 09328226. 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
Ael Electrical Services’s history from the FCA register and Companies House, newest first.
2026
29 July 2026
- Became an introducer appointed representative
FCA register
2025
18 April 2025
- Ael Group (Northern) Limited became a part-owner (25–50% of shares)
- Ael Systems Ltd stopped being a part-owner
Companies House
2016
6 April 2016
- Ael Systems Ltd became a part-owner (25–50% of shares)
- Lee Trevor Willis became the majority owner (50–75% of shares)
- Lee Trevor Willis stopped being the majority owner
- Wayne Dunn became a part-owner (25–50% of shares)
Companies House
2014
26 November 2014
- Incorporated at Companies House
Companies House
In the full report: all 11 events
- All 11 events in its history (8 shown here)
- Every director appointment and resignation: 2
Firms like Ael Electrical Services
Other firms of the same type (home improvement or trades), nearest first.
In Newton Aycliffe
In the Darlington (DL) postcode area
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 Ael Electrical Services
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 other companies its directors have run, named
- 2 background checks on its contact details
- 5 years of accounts, charted
- All 11 events in its history
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk