Net-Rate Limited

Reference number: 659308

Instant download

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 wcs2020.co.uk first appeared online, and whether it can receive email
  • What kind of line 01234 772155 is
  • Who else gives the postcode MK44 2DP
Instant PDF download
Other names (2)

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

  • WCS2020 Trading name
  • Fleet Road Garage Former trading name

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 number
03219034
Company status
Active
Company type
Private limited company
Incorporated
1 July 1996 (30 years old)
Registered office
C/O Azets Burnham Yard, London End, Beaconsfield, Bucks, HP9 2JH, United Kingdom
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Maintenance and repair of motor vehicles (SIC 45200)
  • Other amusement and recreation activities not elsewhere classified (SIC 93290)

Directors and company secretaries

Name Role Born Appointed Other companies
Adrian Bernard Connolly Director Jan 1955 12 Sep 1996 3 other companies
Penelope Connolly Director Sep 1958 12 Sep 1996 1 other company
Penelope Connolly Secretary Not published 19 Jul 1997 1 other company

Other companies run by these 2 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
3
closed down
2
run together
1

In the full report: all 3 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 2 directors run together
  • All 4 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 30 June 2025Full accountsNot audited

Net assets

£310k

+29% from £241k

Cash at bank

£5

−100% from £13.1k

Owed within a year

£171k

−7.3% from £184k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
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 03219034. 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

Net-Rate’s history from the FCA register and Companies House, newest first.

Key events (4) All events (13)

2016

6 April 2016

  • Adrian Bernard Connolly took control (75–100% of shares)

Companies House

2015

16 February 2015

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

FCA register

1996

1 July 1996

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (4 shown here)
  • Every director appointment and resignation: 4
Instant PDF download

Firms like Net-Rate

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

In Bedfordshire

Arlesey Car & Commercials LimitedBedfordshireAuthorisedCar Things LtdBedfordshireAppointed representativeNCL Motors LTDBedfordshireAppointed 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 Net-Rate

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

  • 3 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 13 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Net-Rate Limited FCA authorised?
Yes, Net-Rate Limited (FRN 659308) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2015 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Net-Rate’s phone number and website?
The FCA register lists the phone number 01234 772155 and the website wcs2020.co.uk for Net-Rate. If you were given different contact details, use these to check with the firm before going any further.
Is Net-Rate a scam or clone?
Net-Rate 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 Net-Rate?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Net-Rate handles your money, so check the specific product before you commit. You can also refer complaints about Net-Rate to the Financial Ombudsman Service, free of charge.
Who owns Net-Rate?
Companies House lists one person with significant control of Net-Rate: Mr Adrian Bernard Connolly (75–100% of shares).
Who runs Net-Rate?
Companies House lists 2 directors of Net-Rate: Adrian Bernard Connolly and Penelope Connolly.
How long has Net-Rate been in business?
The company was formed on 1 July 1996, and has held its current FCA authorisation since February 2015.
What do Net-Rate’s latest accounts show?
Its latest accounts, to 30 June 2025, show net assets of £310k (+29% from £241k) and cash at bank of £5 (−100% from £13.1k).
Does Net-Rate use any other names?
It trades as WCS2020. It has previously used the name Fleet Road Garage.

Sources and links

The full report on Net-Rate Limited

£19.99 · Instant PDF download

Loading secure checkout…