ELM Motor Company LTD

Reference number: 843922

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Authorised, but flagged by the FCA

The FCA has attached a notice to this firm’s register record. Read it before dealing with them.

What the FCA says

CAUTION:

We are urgently reviewing this firm’s records on the Register and are in contact with the firm. As the firm’s records have not been verified or updated they may not be accurate. If you have any concerns about this firm, please report these to the FCA.

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 elmmotorcompany.co.uk first appeared online, and whether it can receive email
  • What kind of line 07966 889201 is
  • Who else gives the postcode PL7 2HN
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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

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
12041978
Company status
Active
Company type
Private limited company
Incorporated
10 June 2019 (7 years old)
Registered office
5 Sandy Court, Ashleigh Way, Plymouth, Devon, PL7 5JX, 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
Paul Mallett Director Mar 1980 10 Jun 2019 1 other company
Neil Mallett Director Sep 1981 3 Oct 2019 1 other company
Ben Darnell Director Sep 1975 22 Jan 2022 None

Other companies run by these 3 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
2
closed down
2

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 30 June 2025Full accountsNot audited

Net assets

£82.1k

−23% from £106k

Cash at bank

£30.4k

+78% from £17.1k

Employees (average)

3

Same as 3

Owed within a year

£411k

−4% from £427k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • 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 12041978. 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

ELM Motor Company’s history from the FCA register and Companies House, newest first.

Key events (5) All events (10)

2019

3 October 2019

  • Neil Mallett became a part-owner (25–50% of shares)

Companies House

15 July 2019

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

FCA register

10 June 2019

  • Incorporated at Companies House
  • Paul Mallett 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 like ELM Motor Company

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

In the Plymouth (PL) postcode area

AB Car Sales (South West) LtdGunnislakeAuthorisedAndrew Toms Car Sales LimitedSt. AustellAuthorisedAnnears GarageParAuthorisedAutomotion Vehicle Sales LtdPlymouthAuthorisedBateman & Lynch Cars LtdLiskeardAuthorisedBelgrave Commercials LimitedPlymouthAuthorised

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 ELM Motor Company

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 10 events in its history

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Frequently asked questions about this firm

Is ELM Motor Company LTD FCA authorised?
Yes, ELM Motor Company LTD (FRN 843922) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2019 and works as a car dealer. The FCA has placed no limits on its permissions.
What is ELM Motor Company’s phone number and website?
The FCA register lists the phone number 07966 889201 and the website elmmotorcompany.co.uk for ELM Motor Company. If you were given different contact details, use these to check with the firm before going any further.
Is ELM Motor Company a scam or clone?
ELM Motor Company 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 ELM Motor Company?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how ELM Motor Company handles your money, so check the specific product before you commit. You can also refer complaints about ELM Motor Company to the Financial Ombudsman Service, free of charge.
Who owns ELM Motor Company?
Companies House lists 2 people with significant control of ELM Motor Company: Mr Neil Mallett (25–50% of shares) and Mr Paul Mallett (25–50% of shares).
Who runs ELM Motor Company?
Companies House lists 3 directors of ELM Motor Company: Paul Mallett, Neil Mallett and Ben Darnell.
How long has ELM Motor Company been in business?
The company was formed on 10 June 2019, and has held its current FCA authorisation since July 2019.
What do ELM Motor Company’s latest accounts show?
Its latest accounts, to 30 June 2025, show net assets of £82.1k (−23% from £106k) and cash at bank of £30.4k (+78% from £17.1k).

Sources and links

The full report on ELM Motor Company LTD

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