Diesels Limited

Reference number: 475451

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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.

Responsible principal firm

Itc Compliance Limited Reference number: 313486 Authorised View firm →
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.
  • Diesels Limited (FRN 475451) is an AR of Itc Compliance Limited (FRN 313486). When you use Diesels's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Diesels, 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 diesels.co.uk first appeared online, and whether it can receive email
  • What kind of line 01392 206306 is
  • Who else gives the postcode EX2 8LW
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Other names (4)

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

  • Exeter Bodyworks Trading name
  • Exeter Diesels Trading name
  • Vans Exeter Trading name
  • Diesels Ltd Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Itc Compliance 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 number
03152251
Company status
Active
Company type
Private limited company
Incorporated
29 January 1996 (30 years old)
Registered office
10 Marsh Barton Road, Exeter, EX2 8LW
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Robert James Palmer Director Sep 1965 29 Jan 1996 5 other companies
Jack William Palmer Director Jan 2006 30 Sep 2026 1 other company
Joanne Palmer Secretary Not published 23 Jun 2026 –

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
5
closed down
1
run together
1

In the full report: all 5 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
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 January 2026Full accountsAudited

Net assets

£1.99m

+7.7% from £1.85m

Cash at bank

£841k

+16% from £726k

Owed within a year

£470k

+23% from £381k

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2023 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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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 03152251. 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

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

Key events (6) All events (15)

2025

1 February 2025

  • Jwp Exeter Limited took control (75–100% of shares)
  • Robert James Palmer gave up control

Companies House

2017

27 January 2017

  • Robert James Palmer took control (75–100% of shares)

Companies House

2015

25 February 2015

  • Changed its registered name from "Diesels Ltd"

FCA register

2007

20 November 2007

  • Became an appointed representative

FCA register

1996

29 January 1996

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (6 shown here)
  • Every director appointment and resignation: 6
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Firms like Diesels

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

In Exeter

AMJ Specialist CarsExeterAppointed representativeBridge Motorcycles LimitedExeterAppointed representativeBYD South West LimitedExeterAppointed representativeCity West Country LimitedExeterAppointed representativeCounty Garage (Newton Abbot) LimitedExeterAppointed representativeDevon Car sales LtdExeterAppointed representative

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 Diesels

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

  • 5 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 15 events in its history

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Frequently asked questions about this firm

Is Diesels Limited FCA authorised?
Diesels Limited (FRN 475451) 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 Diesels?
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. Diesels Limited (FRN 475451) is an AR of Itc Compliance Limited (FRN 313486). When you use Diesels's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Diesels, 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 Diesels’ phone number and website?
The FCA register lists the phone number 01392 206306 and the website DIESELS.CO.UK for Diesels. If you were given different contact details, use these to check with the firm before going any further.
Is Diesels a scam or clone?
Diesels 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 Diesels?
Protection works through Itc Compliance Limited, the principal firm responsible for Diesels's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Diesels?
Diesels is owned by Jwp Exeter Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 1 February 2025. Before that, it was controlled by Mr Robert James Palmer.
Who runs Diesels?
Companies House lists 2 directors of Diesels: Robert James Palmer and Jack William Palmer.
How long has Diesels been in business?
The company was formed on 29 January 1996.
What do Diesels’ latest accounts show?
Its latest accounts, to 31 January 2026, show net assets of £1.99m (+7.7% from £1.85m) and cash at bank of £841k (+16% from £726k).
Does Diesels use any other names?
It trades as Exeter Bodyworks, Exeter Diesels and Vans Exeter. It has previously used the name Diesels Ltd.

Sources and links

The full report on Diesels Limited

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