Icars Automotive Ltd

Reference number: 914292

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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 icarsautomotive.co.uk first appeared online, and whether it can receive email
  • What kind of line 07482 502192 is
  • Who else gives the postcode BS14 0XD
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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 status
Active
Company type
Private limited company
Incorporated
29 August 2019 (7 years old)
Registered office
11 Minehead Road, Bristol, BS4 1BL, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Vasil Velkov Director May 1989 29 Aug 2019 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£17.5k

+18% from £14.8k

Cash at bank

£21.1k

+351% from £4,682

Employees (average)

2

Same as 2

Owed within a year

£112k

+35% from £83.4k

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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 12179025. 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

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

2024

18 July 2024

  • Tsvetomir Velkov stopped being a part-owner

Companies House

2019

22 November 2019

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

FCA register

29 August 2019

  • Incorporated at Companies House
  • Tsvetomir Velkov became a part-owner (25–50% of shares)
  • Vasil Velkov took control (75–100% of shares)

Companies House

In the full report: all 9 events

  • All 9 events in its history (6 shown here)
  • Every director appointment and resignation: 1
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Firms connected to Icars Automotive

Other FCA-listed firms that share a director, phone number or address with Icars Automotive. 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 Icars Automotive

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

In Bristol

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 Icars Automotive

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
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 9 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Icars Automotive Ltd FCA authorised?
Yes, Icars Automotive Ltd (FRN 914292) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2019 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Icars Automotive’s phone number and website?
The FCA register lists the phone number 07482 502192 and the website icarsautomotive.co.uk for Icars Automotive. If you were given different contact details, use these to check with the firm before going any further.
Is Icars Automotive a scam or clone?
Icars Automotive 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 Icars Automotive?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Icars Automotive handles your money, so check the specific product before you commit. You can also refer complaints about Icars Automotive to the Financial Ombudsman Service, free of charge.
Who owns Icars Automotive?
Companies House lists one person with significant control of Icars Automotive: Vasil Velkov (75–100% of shares). Before that, it was controlled by Tsvetomir Velkov.
Who runs Icars Automotive?
Companies House lists one director of Icars Automotive: Vasil Velkov.
How long has Icars Automotive been in business?
The company was formed on 29 August 2019, and has held its current FCA authorisation since November 2019.
What do Icars Automotive’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £17.5k (+18% from £14.8k) and cash at bank of £21.1k (+351% from £4,682).

Sources and links

The full report on Icars Automotive Ltd

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