Coatbridge Commercials Ltd

Reference number: 994199

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • COATBRIDGE COMMERCIALS LTD (FRN 994199) is an AR of Forward Asset Finance Limited (FRN 630723). When you use COATBRIDGE COMMERCIALS's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from COATBRIDGE COMMERCIALS, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • 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.

In the full report: 3 background checks

  • When coatbridgecommercials.co.uk first appeared online, and whether it can receive email
  • What kind of line 01236 652481 is
  • Who else gives the postcode ML5 2AY
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Forward Asset 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, free
    You 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 status
Active
Company type
Private limited company
Incorporated
23 July 2022 (4 years old)
Registered office
Yard 6 100 Burnbank Street, Coatbridge, ML5 2AY, United Kingdom
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Martin Charles Mcshane Director Apr 1987 10 Jun 2025 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 31 July 2025Full accountsNot audited

Total equity

£175k

+60% from £110k

Cash at bank

£43.4k

−36% from £68.4k

Owed within a year

£162k

+17% from £139k

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.

Accounts filed at Companies House for company SC739105. 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

Coatbridge Commercials’s history from the FCA register and Companies House, newest first.

2025

16 September 2025

  • Elizabeth McShane gave up control
  • Martin Charles McShane took control (75–100% of shares)

Companies House

10 June 2025

  • Board replaced: its only director left and a new director took over

Companies House

2023

31 March 2023

  • Became an appointed representative

FCA register

2022

23 July 2022

  • Incorporated at Companies House
  • Elizabeth McShane took control (75–100% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like Coatbridge Commercials

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

In the Motherwell (ML) 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 Coatbridge Commercials

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

  • Every company its directors have run, named
  • 3 background checks on its contact details
  • All 10 events in its history

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Frequently asked questions about this firm

Is Coatbridge Commercials Ltd FCA authorised?
Coatbridge Commercials Ltd (FRN 994199) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Coatbridge Commercials?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Coatbridge Commercials Ltd (FRN 994199) is an AR of Forward Asset Finance Limited (FRN 630723). When you use Coatbridge Commercials's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Coatbridge Commercials, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. 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.
What is Coatbridge Commercials’ phone number and website?
The FCA register lists the phone number 01236 652481 and the website coatbridgecommercials.co.uk for Coatbridge Commercials. If you were given different contact details, use these to check with the firm before going any further.
Is Coatbridge Commercials a scam or clone?
Coatbridge Commercials 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 Coatbridge Commercials?
Protection works through Forward Asset Finance Limited, the principal firm responsible for Coatbridge Commercials's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Coatbridge Commercials?
Companies House lists one person with significant control of Coatbridge Commercials: Mr Martin Charles McShane (75–100% of shares). Before that, it was controlled by Mrs Elizabeth McShane.
Who runs Coatbridge Commercials?
Companies House lists one director of Coatbridge Commercials: Martin Charles McShane.
How long has Coatbridge Commercials been in business?
The company was formed on 23 July 2022.
What do Coatbridge Commercials’ latest accounts show?
Its latest accounts, to 31 July 2025, show total equity of £175k (+60% from £110k) and cash at bank of £43.4k (−36% from £68.4k).

Sources and links

The full report on Coatbridge Commercials Ltd

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