Monaghan Brothers Limited

Reference number: 520244

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

Itc Compliance Limited Reference number: 313486 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Monaghan Brothers Limited (FRN 520244) is an AR of Itc Compliance Limited (FRN 313486). When you use Monaghan Brothers's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Monaghan Brothers, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • 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.

In the full report: 3 background checks

  • When monaghanbros.co.uk first appeared online, and whether it can receive email
  • What kind of line 028 6772 1354 is
  • Who else gives the postcode BT92 0JB
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Other names (2)

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

  • MB Leasing Trading name
  • Monaghan Bros Trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Itc Compliance Limited, 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, free
    You 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 number
NI047832
Company status
Active
Company type
Private limited company
Incorporated
6 September 2003 (23 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Maintenance and repair of motor vehicles (SIC 45200)

Directors and company secretaries

Name Role Born Appointed Other companies
John Patrick Armitage Director Apr 1976 1 Oct 2003 None
Thomas Armitage Director Dec 1977 19 Jul 2017 None
Vincent Oreilly Secretary Not published 6 Sep 2003 –

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
  • All 4 people who have been directors, with their dates
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Filed accounts and finances

Year to 30 November 2025Full accountsAudited

Turnover

£19.4m

−11% from £21.8m

Profit before tax

£21.9k

−86% from £154k

Net assets

£3.53m

−3.4% from £3.65m

Cash at bank

£2.17m

+34% from £1.62m

Turnover and profit

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • Both charts, 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 NI047832. 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

Monaghan Brothers’s history from the FCA register and Companies House, newest first.

Key events (6) All events (14)

2019

28 October 2019

  • Thomas Armitage became a part-owner (25–50% of shares)

Companies House

2017

17 March 2017

  • John Patrick Armitage became the majority owner (50–75% of shares)

Companies House

16 March 2017

  • John James Armitage stopped being the majority owner

Companies House

2016

6 September 2016

  • John James Armitage became the majority owner (50–75% of shares)

Companies House

2010

15 March 2010

  • Became an appointed representative

FCA register

2003

6 September 2003

  • Incorporated at Companies House

Companies House

In the full report: all 14 events

  • All 14 events in its history (6 shown here)
  • Every director appointment and resignation: 6
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Firms connected to Monaghan Brothers

Other FCA-listed firms that share a director, phone number or address with Monaghan Brothers. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Monaghan Brothers

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

In the Belfast (BT) postcode area

Regency Used Cars NI LtdNewtownardsAppointed representativeSammy Mellon and Sons LimitedBangorAppointed representativeDonnelly Bros Bangor LtdNewtownardsAppointed representativeDonnelly Finance & Leasing LtdNewtownabbeyAppointed representativeShelbourne Motors LimitedCraigavonAppointed representativeAuto Sales & Salvage LTDEnniskillenAppointed representative

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 Monaghan Brothers

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 14 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Monaghan Brothers Limited FCA authorised?
Monaghan Brothers Limited (FRN 520244) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Monaghan Brothers?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Monaghan Brothers Limited (FRN 520244) is an AR of Itc Compliance Limited (FRN 313486). When you use Monaghan Brothers's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Monaghan Brothers, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. 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.
What is Monaghan Brothers’ phone number and website?
The FCA register lists the phone number 028 6772 1354 and the website monaghanbros.co.uk for Monaghan Brothers. If you were given different contact details, use these to check with the firm before going any further.
Is Monaghan Brothers a scam or clone?
Monaghan Brothers 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 Monaghan Brothers?
Protection works through Itc Compliance Limited, the principal firm responsible for Monaghan Brothers's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Monaghan Brothers?
Companies House lists 2 people with significant control of Monaghan Brothers: Mr John Patrick Armitage (50–75% of shares) and Mr Thomas Armitage (25–50% of shares). Before that, it was controlled by Mr John James Armitage.
Who runs Monaghan Brothers?
Companies House lists 2 directors of Monaghan Brothers: John Patrick Armitage and Thomas Armitage.
How long has Monaghan Brothers been in business?
The company was formed on 6 September 2003.
What do Monaghan Brothers’ latest accounts show?
Its latest accounts, to 30 November 2025, show turnover of £19.4m (−11% from £21.8m) and profit before tax of £21.9k (−86% from £154k).
Does Monaghan Brothers use any other names?
It trades as MB Leasing and Monaghan Bros.

Sources and links

The full report on Monaghan Brothers Limited

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