Elev8 Finance Limited

Reference number: 669015

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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, 1 thing worth a closer look

  • When elev8finance.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 3327 0795 is
  • Who else gives the postcode SM7 1AT
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Other names (1)

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

  • Direct Leasing Limited Former name

FCA permissions and consumer protection

  • 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 (3 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling

Limits on what they may do

  • Not permitted to canvass off trade premises
    The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises

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
07411714
Company status
Active
Company type
Private limited company
Incorporated
19 October 2010 (16 years old)
Registered office
103/105 Brighton Road, Coulsdon, Surrey, CR5 2NG
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul Jaconelli Director Jun 1949 19 Oct 2010 None
Thomas Jaconelli Director Nov 1985 30 Mar 2021 1 other company

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 company
1
still active
1

In the full report: all 1 company, 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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

16 months to 31 December 2019Micro-entity accountsNot audited

Net assets

£12.7k

No earlier figure to compare

Employees (average)

0

No earlier figure to compare

Owed within a year

£6,699

No earlier figure to compare

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 07411714. 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

Elev8 Finance’s history from the FCA register and Companies House, newest first.

Key events (8) All events (15)

2019

10 July 2019

  • Paul Alexander Jaconelli stopped being the majority owner
  • Romans International Limited took control (75–100% of shares)

Companies House

2018

29 January 2018

  • Changed its registered name from "Direct Leasing Limited"

FCA register

2016

6 April 2016

  • Paul Alexander Jaconelli became the majority owner (50–75% of shares)

Companies House

2015

31 July 2015

  • Regulated by the FCA from this date
  • FCA imposed a requirement (Not permitted to canvass off trade premises)
  • Became authorised by the FCA

FCA register

2010

19 October 2010

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (8 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Elev8 Finance

Other FCA-listed firms that share a director, phone number or address with Elev8 Finance. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Elev8 Finance

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

In Banstead

Romans International LimitedBansteadAuthorisedMerrywood Commercials LimitedBansteadAuthorisedSunami MotorcyclesBansteadAppointed 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 Elev8 Finance

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 15 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Elev8 Finance Limited FCA authorised?
Yes, Elev8 Finance Limited (FRN 669015) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2015 and works as a car dealer. The FCA has placed a limit on what it may do.
What is Elev8 Finance’s phone number and website?
The FCA register lists the phone number 020 3327 0795 and the website elev8finance.co.uk for Elev8 Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Elev8 Finance a scam or clone?
Elev8 Finance 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 Elev8 Finance?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Elev8 Finance handles your money, so check the specific product before you commit. You can also refer complaints about Elev8 Finance to the Financial Ombudsman Service, free of charge.
Who owns Elev8 Finance?
Elev8 Finance is owned by Romans International Limited, which holds 75–100% of shares, since 10 July 2019. Before that, it was controlled by Mr Paul Alexander Jaconelli.
Who runs Elev8 Finance?
Companies House lists 2 directors of Elev8 Finance: Paul Jaconelli and Thomas Jaconelli.
How long has Elev8 Finance been in business?
The company was formed on 19 October 2010, and has held its current FCA authorisation since July 2015.
What do Elev8 Finance’s latest accounts show?
Its latest accounts, to 31 December 2019, show net assets of £12.7k (no earlier figure to compare).
Does Elev8 Finance use any other names?
It has previously used the name Direct Leasing Limited.

Sources and links

The full report on Elev8 Finance Limited

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