Magma Cars Limited

Reference number: 1049800

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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 magmacars.com first appeared online, and whether it can receive email
  • What kind of line 07470 701257 is
  • Who else gives the postcode RH1 5GJ
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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 (1 permission)
  • Credit Broking

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
15166296
Company status
Active
Company type
Private limited company
Incorporated
26 September 2023 (3 years old)
Registered office
9 Great Chesterford Court, London Road, Great Chesterford, Essex, CB10 1PF, 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
Jack Edward Taylor Director Apr 1999 26 Sep 2023 8 other companies
Shaun Taylor Director Jul 1973 26 Sep 2023 None
Piers Elliot Hickin Director Nov 1996 3 Jun 2024 3 other companies
Bradley Morrison Lesley Daws Director Jul 1999 30 Aug 2024 8 other companies
Joanna Luan Taylor Secretary Not published 15 Feb 2024 –

Other companies run by these 4 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
15
closed down
5
run together
2

In the full report: all 15 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 companies these 4 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 2025Small company accountsNot audited

Total equity

−£160k

Down £92.7k from −£66.8k

Cash at bank

£1.01m

+260% from £280k

Employees (average)

2

Same as 2

Owed within a year

£3.62m

+164% from £1.37m

Total equity is negative: on its last balance sheet the company owed £160k more than it owned.

Assets and liabilities

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 15166296. 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

Magma Cars’s history from the FCA register and Companies House, newest first.

Key events (4) All events (14)

2026

28 April 2026

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

FCA register

2023

26 September 2023

  • Incorporated at Companies House
  • Jet Investments Limited became the majority owner (50–75% of shares)

Companies House

In the full report: all 14 events

  • All 14 events in its history (4 shown here)
  • Every director appointment and resignation: 7
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Firms connected to Magma Cars

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

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

In Redhill

Fins Motorcycles LimitedRedhillAuthorisedGreenfield Autos LtdRedhillAuthorisedICE Motor Company LimitedRedhillAuthorised

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 Magma Cars

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

  • 15 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 14 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Magma Cars Limited FCA authorised?
Yes, Magma Cars Limited (FRN 1049800) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2026 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Magma Cars’ phone number and website?
The FCA register lists the phone number 07470 701257 and the website magmacars.com for Magma Cars. If you were given different contact details, use these to check with the firm before going any further.
Is Magma Cars a scam or clone?
Magma Cars 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 Magma Cars?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Magma Cars handles your money, so check the specific product before you commit. You can also refer complaints about Magma Cars to the Financial Ombudsman Service, free of charge.
Who owns Magma Cars?
Magma Cars is owned by Jet Investments Limited, which holds 50–75% of shares and 50–75% of votes, since 26 September 2023.
Who runs Magma Cars?
Companies House lists 4 directors of Magma Cars: Jack Edward Taylor, Shaun Taylor, Piers Elliot Hickin and Bradley Morrison Lesley Daws.
How long has Magma Cars been in business?
The company was formed on 26 September 2023, and has held its current FCA authorisation since April 2026.
What do Magma Cars’ latest accounts show?
Its latest accounts, to 30 September 2025, show total equity of −£160k (down £92.7k from −£66.8k) and cash at bank of £1.01m (+260% from £280k).

Sources and links

The full report on Magma Cars Limited

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