First Drove Ltd

Reference number: 823293

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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

  • When 1stopcarsales.co.uk first appeared online, and whether it can receive email
  • What kind of line 01775 302520 is
  • Who else gives the postcode PE11 1QF
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Other names (2)

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

  • 1 Stop Car Sales Trading name: A name it trades under now.
  • 1STOP CAR SALES LTD Former name: A name it was registered under before.

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 status
Active
Company type
Private limited company
Incorporated
10 September 2018 (8 years old)
Registered office
83 Pinchbeck Road, Spalding, PE11 1QF, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Adam Aman Hanif Director May 1992 9 Aug 2022 4 other companies
Yasmin Soraya Hanif Director Feb 1990 9 Aug 2022 4 other companies

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
7
closed down
3
run together
1

In the full report: all 7 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 30 September 2025Full accountsNot audited

Net assets

£671k

+26% from £532k

Cash at bank

£231k

−4.2% from £241k

Owed within a year

£1.87m

+3.7% from £1.81m

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 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 11560042. 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

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

2025

10 February 2025

  • Adam Aman Hanif no longer has significant control
  • First Drove Holdings Ltd took control (75–100% of shares)
  • Yasmin Soraya Hanif no longer has significant control

Companies House

2022

9 August 2022

  • Board replaced: both directors left and a new director took over
  • Adam Aman Hanif gained significant control

Companies House

2021

1 July 2021

  • Nasir Rehman stopped being a part-owner

Companies House

2020

5 March 2020

  • Nasir Rehman became a part-owner (25–50% of shares)
  • Zahoor Rehman stopped being a part-owner

Companies House

2019

11 December 2019

  • Changed its registered name from "1STOP CAR SALES LTD"

FCA register

2 December 2019

  • Zahoor Rehman became a part-owner (25–50% of shares)

Companies House

2018

6 November 2018

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

FCA register

10 September 2018

  • Incorporated at Companies House
  • Yasmin Soraya Hanif gained significant control

Companies House

In the full report: all 27 events

  • All 27 events in its history (14 shown here)
  • Every director appointment and resignation: 10
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Firms like First Drove

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

In Spalding

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 First Drove

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

  • 7 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 27 events in its history

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Frequently asked questions about this firm

Is First Drove Ltd FCA authorised?
Yes, First Drove Ltd (FRN 823293) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2018 and works as a car dealer. The FCA has placed no limits on its permissions.
What is First Drove’s phone number and website?
The FCA register lists the phone number 01775 302520 and the website 1stopcarsales.co.uk for First Drove. If you were given different contact details, use these to check with the firm before going any further.
Is First Drove a scam or clone?
First Drove 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 First Drove?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how First Drove handles your money, so check the specific product before you commit. You can also refer complaints about First Drove to the Financial Ombudsman Service, free of charge.
Who owns First Drove?
First Drove is owned by First Drove Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 10 February 2025. Before that, it was controlled by Mr Zahoor Rehman, Mr Adam Aman Hanif and Mrs Yasmin Soraya Hanif.
Who runs First Drove?
Companies House lists 2 directors of First Drove: Adam Aman Hanif and Yasmin Soraya Hanif.
How long has First Drove been in business?
The company was formed on 10 September 2018, and has held its current FCA authorisation since November 2018.
What do First Drove’s latest accounts show?
Its latest accounts, to 30 September 2025, show net assets of £671k (+26% from £532k) and cash at bank of £231k (−4.2% from £241k).
Does First Drove use any other names?
It trades as 1 Stop Car Sales. It has previously used the name 1STOP CAR SALES LTD.

Sources and links

The full report on First Drove Ltd

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