MAD Automotives Somerset Limited
Reference number: 940825
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Introducer appointed representative
This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.
- Appointed for 5 years
- Protected through the principal
- No FCA actions
- Active company since 2020
- Accounts filed up to 31 July 2025
- On its latest accounts it owed £34.9k more than it owned
Responsible principal firm
Meridian Finance Partners Ltd Reference number: 661646 View firm →What does this mean?
- An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
- MAD Automotives Somerset Limited (FRN 940825) introduces customers to Meridian Finance Partners Ltd (FRN 661646). Any regulated advice or arranging is done by the principal, not MAD Automotives Somerset.
- Example: if MAD Automotives Somerset refers you to a financial adviser, the advice should come from the principal firm, not from MAD Automotives Somerset itself.
- Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
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.
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Phone number
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Address
Unit 54, B W Estates, Oldmixon Crescent, Weston-super-Mare, BS24 9BA, United Kingdom
In the full report: 3 background checks
- When madautomotives.com first appeared online, and whether it can receive email
- What kind of line 01934 429229 is
- Who else gives the postcode BS24 9BA
Other names (1)
If you were contacted under any of these names, it is this firm.
- M.A.D. Automotives Trading name: A name it trades under now.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Meridian Finance Partners Ltd, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
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 name
- MAD AUTOMOTIVES SOMERSET LTD
- Company number
- 12773770 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 28 July 2020 (6 years old)
- Registered office
- 36 High Street, Pwllheli, LL53 5RT, Wales
- Nature of business
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- Sale of used cars and light motor vehicles (SIC 45112)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Jonathan Giles | Director | Mar 1983 | 25 Oct 2024 | 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
Filed accounts and finances
Net assets
−£34.9k
Up £6,136 from −£41.0k
Cash at bank
£36.0k
−54% from £77.9k
Employees (average)
4
−20% from 5
Owed within a year
£245k
−31% from £356k
Net assets are negative: on its last balance sheet the company owed £34.9k more than it owned.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2021 to 2025
- The chart, over every year
- Every filed figure, year by year
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 12773770. 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
MAD Automotives Somerset’s history from the FCA register and Companies House, newest first.
2020
11 December 2020
- Became an introducer appointed representative
FCA register
28 July 2020
- Incorporated at Companies House
- Peter Angelides took control (75–100% of shares)
Companies House
In the full report: all 8 events
- All 8 events in its history (3 shown here)
- Every director appointment and resignation: 3
Firms like MAD Automotives Somerset
Other firms of the same type (car dealer), nearest first.
In Weston-super-Mare
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 MAD Automotives Somerset
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
- 5 years of accounts, charted
- All 8 events in its history
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Frequently asked questions about this firm
Is MAD Automotives Somerset Limited FCA authorised?
What does introducer appointed representative mean for MAD Automotives Somerset?
What is MAD Automotives Somerset’s phone number and website?
Is MAD Automotives Somerset a scam or clone?
Is my money safe with MAD Automotives Somerset?
Who owns MAD Automotives Somerset?
Who runs MAD Automotives Somerset?
How long has MAD Automotives Somerset been in business?
What do MAD Automotives Somerset’s latest accounts show?
Does MAD Automotives Somerset use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk