Milton Automotive Ltd

Reference number: 950005

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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.

  • No website on the FCA register

  • Phone number

    01234 604183

  • Address

    500 Goldington Road, Bedford, MK41 0DX, United Kingdom

In the full report: 2 background checks

  • What kind of line 01234 604183 is
  • Who else gives the postcode MK41 0DX
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Other names (2)

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

  • Milton Motor Centre Trading name: A name it trades under now.
  • Milton Car Sales Former trading name: A name it used to trade under.

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
8 February 2019 (7 years old)
Registered office
71 Chestnut Avenue, Bedford, MK40 4EZ, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Waqas Ali Director Oct 1986 8 Feb 2019 2 other companies

Other companies run by its director

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
2
still active
2

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 7 February 2025Micro-entity accountsNot audited

Net assets

£64.0k

+19% from £53.9k

Employees (average)

4

Same as 4

Owed within a year

£505k

+56% from £324k

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 11815105. 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

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

2021

21 August 2021

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

FCA register

2019

8 February 2019

  • Incorporated at Companies House
  • Waqas Ali took control (75–100% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (4 shown here)
  • Every director appointment and resignation: 1
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Firms like Milton Automotive

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

In Bedford

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 Milton Automotive

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

  • 2 other companies its directors have run, named
  • 2 background checks on its contact details
  • 6 years of accounts, charted
  • All 10 events in its history

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Frequently asked questions about this firm

Is Milton Automotive Ltd FCA authorised?
Yes, Milton Automotive Ltd (FRN 950005) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since August 2021 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Milton Automotive’s phone number?
The FCA register lists the phone number 01234 604183 for Milton Automotive. If you were given different contact details, use these to check with the firm before going any further.
Is Milton Automotive a scam or clone?
Milton 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 Milton Automotive?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Milton Automotive handles your money, so check the specific product before you commit. You can also refer complaints about Milton Automotive to the Financial Ombudsman Service, free of charge.
Who owns Milton Automotive?
Companies House lists one person with significant control of Milton Automotive: Mr Waqas Ali (75–100% of shares).
Who runs Milton Automotive?
Companies House lists one director of Milton Automotive: Waqas Ali.
How long has Milton Automotive been in business?
The company was formed on 8 February 2019, and has held its current FCA authorisation since August 2021.
What do Milton Automotive’s latest accounts show?
Its latest accounts, to 7 February 2025, show net assets of £64.0k (+19% from £53.9k).
Does Milton Automotive use any other names?
It trades as Milton Motor Centre. It has previously used the name Milton Car Sales.

Sources and links

The full report on Milton Automotive Ltd

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