Finance Giant Ltd

Reference number: 726597

Instant download

Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Address

    Or Southend, 2nd Floor, Alexander House, 21 Victoria Avenue, Southend On Sea, Essex, SS99 1AA, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode SS99 1AA
Instant PDF download
Other names (3)

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

  • Car Finance Giant Trading name
  • Caroon Trading name
  • www.carfinancegiant.co.uk Former trading name

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (5 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

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.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
09749034
Company status
Liquidation
Company type
Private limited company
Incorporated
25 August 2015 (11 years old)
Registered office
35a Saffron Road, Biggleswade, SG18 8DJ, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Syed Khusro Kamal Director Apr 1981 2 Jun 2016 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
Instant PDF download

Filed accounts and finances

Year to 31 August 2021Abridged accountsNot audited

Net assets

£1.14m

No earlier figure to compare

Cash at bank

£138k

No earlier figure to compare

Employees (average)

31

No earlier figure to compare

Owed within a year

£1.36m

No earlier figure to compare

Its next accounts are overdue at Companies House.

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 09749034. 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

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

Key events (3) All events (12)

2016

27 May 2016

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

FCA register

2015

25 August 2015

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (3 shown here)
  • Every director appointment and resignation: 3
Instant PDF download

Firms like Finance Giant

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

In the Southend-on-Sea (SS) postcode area

Hardy Finance LimitedEssexAuthorised4Wealth LimitedLeigh-on-SeaAuthorisedAdam & Sons LimitedSouthend-on-SeaAuthorisedClosecourtt LimitedBasildonAuthorisedCNH Industrial Capital Europe LimitedBasildonAuthorisedCrown Finance LimitedRayleighAuthorised

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 Finance Giant

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
  • 1 background check on its contact details
  • All 12 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Finance Giant Ltd FCA authorised?
Yes, Finance Giant Ltd (FRN 726597) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since May 2016 and works as a lender. The FCA has placed no limits on its permissions.
Is Finance Giant a scam or clone?
Finance Giant 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 Finance Giant?
Finance Giant is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who runs Finance Giant?
Companies House lists one director of Finance Giant: Syed Khusro Kamal.
How long has Finance Giant been in business?
The company was formed on 25 August 2015. Companies House now lists it as liquidation.
What do Finance Giant’s latest accounts show?
Its latest accounts, to 31 August 2021, show net assets of £1.14m (no earlier figure to compare) and cash at bank of £138k (no earlier figure to compare). Its accounts are overdue at Companies House.
Does Finance Giant use any other names?
It trades as Car Finance Giant and Caroon. It has previously used the name www.carfinancegiant.co.uk.

Sources and links

The full report on Finance Giant Ltd

£19.99 · Instant PDF download

Loading secure checkout…