Car Plug Mcr Ltd

Reference number: 964390

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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

    The Official Receiver Or London, 16th Floor, 1 Westfield Avenue, Stratford, London, E20 1HZ, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode E20 1HZ
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Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
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 in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
13570633
Company status
Liquidation
Company type
Private limited company
Incorporated
17 August 2021 (5 years old)
Registered office
13 Balfour Road, Altrincham, WA14 5LS, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Ade Sadiq Director Oct 1992 17 Aug 2021 3 other companies

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 companies
3
closed down
1
still active
2

In the full report: all 3 companies, 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
  • All 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 August 2024Abridged accountsNot audited

Net assets

£78.9k

−40% from £132k

Cash at bank

£3,001

−57% from £6,911

Employees (average)

3

Same as 3

Owed within a year

£156k

+77% from £88.6k

Its next accounts are overdue at Companies House.

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 13570633. 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

Car Plug Mcr’s history from the FCA register and Companies House, newest first.

Key events (5) All events (10)

2022

12 April 2022

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

FCA register

2021

17 August 2021

  • Incorporated at Companies House
  • Ade Sadiq became a part-owner (25–50% of shares)
  • Samson Adefeso became a part-owner (25–50% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (5 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Car Plug Mcr

Other FCA-listed firms that share a director, phone number or address with Car Plug Mcr. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share its postcode
4

In the full report: all 4 connected firms, named

  • How each is linked: the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like Car Plug Mcr

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

In the East London (E) postcode area

1st City Fleet Sales LimitedSouth WoodfordAuthorised3 Star Motors LtdLondonAuthorisedAuto Arcade LimitedLondonAuthorisedBoyton Cross Motors LimitedLondonAuthorisedChingford Cars LtdLondonAuthorisedDifferent Class Cars LimitedAuthorised

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 Car Plug Mcr

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
  • 1 background check on its contact details
  • All 10 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Car Plug Mcr Ltd FCA authorised?
Yes, Car Plug Mcr Ltd (FRN 964390) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since April 2022 and works as a car dealer. The FCA has placed no limits on its permissions.
Is Car Plug Mcr a scam or clone?
Car Plug Mcr 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 Car Plug Mcr?
Car Plug Mcr is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who owns Car Plug Mcr?
Companies House lists 2 people with significant control of Car Plug Mcr: Samson Adefeso (25–50% of shares) and Mr Ade Sadiq (25–50% of shares).
Who runs Car Plug Mcr?
Companies House lists one director of Car Plug Mcr: Ade Sadiq.
How long has Car Plug Mcr been in business?
The company was formed on 17 August 2021. Companies House now lists it as liquidation.
What do Car Plug Mcr’s latest accounts show?
Its latest accounts, to 31 August 2024, show net assets of £78.9k (−40% from £132k) and cash at bank of £3,001 (−57% from £6,911). Its accounts are overdue at Companies House.

Sources and links

The full report on Car Plug Mcr Ltd

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