Cars 2 Limited

Reference number: 536711

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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 cars2.co.uk first appeared online, and whether it can receive email
  • What kind of line 01924 433423 is
  • Who else gives the postcode WF2 8DH
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Other names (41)

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

  • Cars2 Chery Bradford Trading name
  • Cars2 Geely Bradford Trading name
  • Cars2 Geely Wakefield Trading name
  • Cars2 Hyundai Barnsley Trading name
  • Cars2 Hyundai Bradford Trading name
  • Cars2 Hyundai Wakefield Trading name
  • Cars2 Lepas Barnsley Trading name
  • Cars2 Lepas Bradford Trading name
  • Cars2 Lepas Doncaster Trading name
  • Cars2 Lepas Wakefield Trading name
  • Cars2 MG Barnsley Trading name
  • Cars2 MG Bradford Trading name
  • Cars2 MG Wakefield Trading name
  • Cars2 Nissan Huddersfield Trading name
  • Cars2 Nissan Wakefield Trading name
  • Cars2 Omoda Jaecoo Barnsley Trading name
  • Cars2 Omoda Jaecoo Bradford Trading name
  • Cars2 Omoda Jaecoo Wakefield Trading name
  • Cars2 Renault Dacia Barnsley Trading name
  • Cars2 Renault Dacia Huddersfield Trading name
  • Cars2 Renault Dacia Wakefield Trading name
  • Cars2 Seat Barnsley Trading name
  • Cars2 Seat Wakefield Trading name
  • Pure Cars Trading name
  • Car Depot Former trading name
  • Cars2 Bardford Former trading name
  • Cars2 Barnsley Former trading name
  • Cars2 Bradford Former trading name
  • Cars 2 Citroen Former trading name
  • Cars2 Fiat Former trading name
  • Cars 2 Hyundai Former trading name
  • Cars2 Mazda Former trading name
  • Cars2 Nissan Former trading name
  • Cars2 Omoda Jaecoo Former trading name
  • Cars 2 Peugeot Former trading name
  • Cars2 Renault Dacia Former trading name
  • Cars2 Seat Former trading name
  • Cars2 Wakefield Former trading name
  • Drive Direct Former trading name
  • Drive Direct 2 Insurance Former trading name
  • Pure Cars Wakefield Former trading name

FCA permissions and consumer protection

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • 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 (7 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Making arrangements with a view to transactions in investments

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
05738906
Company status
Active
Company type
Private limited company
Incorporated
10 March 2006 (20 years old)
Registered office
Waldorf Way, Denby Dale Road, Wakefield, West Yorkshire, WF2 8DH
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Maintenance and repair of motor vehicles (SIC 45200)
  • Retail trade of motor vehicle parts and accessories (SIC 45320)

Directors and company secretaries

Name Role Born Appointed Other companies
Allan George Otley Director Apr 1961 10 Mar 2006 8 other companies
Lindsay Anne Collier Director Jan 1977 13 Feb 2012 4 other companies
Scott Ledgard Otley Director Apr 1989 8 Jan 2019 3 other companies
Callum Thomas Otley Director Dec 1991 8 Jan 2019 1 other company
Jeremy Bates Director May 1970 1 Apr 2021 1 other company
Neil Martin Crossley Director Feb 1962 31 Jan 2025 4 other companies
Lindsay Anne Collier Secretary Not published 9 May 2007 –

Other companies run by these 6 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
16
closed down
9
is FCA-registered
1

In the full report: all 16 companies, named

  • What each company does, and whether it is still trading
  • Which of these 6 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 3 companies these 6 directors run together
  • All 8 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Full accountsAudited

Profit before tax

£3.78m

−8% from £4.11m

Net assets

£8.02m

−68% from £24.7m

Cash at bank

£6.65m

−40% from £11.1m

Owed within a year

£39.0m

+42% from £27.5m

Profit before tax

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 05738906. 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

Cars 2’s history from the FCA register and Companies House, newest first.

Key events (7) All events (82)

2025

31 January 2025

  • Allan George Otley gave up control
  • Ascot Eot Limited took control (75–100% of shares)

Companies House

2016

6 April 2016

  • Allan George Otley took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2011

1 April 2011

  • Became authorised by the FCA

FCA register

2010

21 December 2010

  • Regulated by the Financial Services Authority from this date

FCA register

2006

10 March 2006

  • Incorporated at Companies House

Companies House

In the full report: all 82 events

  • All 82 events in its history (7 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Cars 2

Other FCA-listed firms that share a director, phone number or address with Cars 2. 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
1

In the full report: all 2 connected firms, named

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

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

In Wakefield

Bluestone Leasing LimitedWakefieldAuthorisedCch Insurance Brokers LimitedWakefieldAuthorisedGillis Risk Management LimitedWakefieldAuthorisedInsured Windows Guarantees LimitedWakefieldAuthorisedMargison and Simpson LimitedWakefieldSee the registerNetwork Alliance Brokers LtdWakefieldAuthorised

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 Cars 2

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

  • 16 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 82 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Cars 2 Limited FCA authorised?
Yes, Cars 2 Limited (FRN 536711) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2011 and works as an insurance broker. The FCA has placed no limits on its permissions.
What is Cars 2’s phone number and website?
The FCA register lists the phone number 01924 433423 and the website cars2.co.uk for Cars 2. If you were given different contact details, use these to check with the firm before going any further.
Is Cars 2 a scam or clone?
Cars 2 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 Cars 2?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Cars 2 to the Financial Ombudsman Service, free of charge.
Who owns Cars 2?
Cars 2 is owned by Ascot Eot Limited, which holds 75–100% of shares, 75–100% of votes, can appoint and remove the board, significant influence or control and held as a trustee, since 31 January 2025. Before that, it was controlled by Mr Allan George Otley.
Who runs Cars 2?
Companies House lists 6 directors of Cars 2: Allan George Otley, Lindsay Anne Collier, Scott Ledgard Otley, Callum Thomas Otley, Jeremy Bates and Neil Martin Crossley.
How long has Cars 2 been in business?
The company was formed on 10 March 2006, and has held its current FCA authorisation since April 2011.
What do Cars 2’s latest accounts show?
Its latest accounts, to 31 December 2025, show profit before tax of £3.78m (−8% from £4.11m) and net assets of £8.02m (−68% from £24.7m).
Does Cars 2 use any other names?
It trades as Cars2 Chery Bradford, Cars2 Geely Bradford, Cars2 Geely Wakefield, Cars2 Hyundai Barnsley and Cars2 Hyundai Bradford, and 19 more names. It has previously used 17 other names, including Car Depot, Cars2 Bardford and Cars2 Barnsley.

Sources and links

The full report on Cars 2 Limited

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