Nextgen Autos Ltd

Reference number: 961457

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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

    07896 141186

  • Address

    5 Canberra Crescent, West Bridgford, Nottingham, Nottinghamshire, NG2 7FL, United Kingdom

In the full report: 2 background checks

  • What kind of line 07896 141186 is
  • Who else gives the postcode NG2 7FL
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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 (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
12416228
Company status
Active
Company type
Private limited company
Incorporated
21 January 2020 (6 years old)
Registered office
5 Canberra Crescent, West Bridgford, Nottingham, NG2 7FL, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Amarinder Singh Bedi Director May 1981 1 Oct 2020 3 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
3
closed down
3

In the full report: all 3 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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 October 2024Micro-entity accountsNot audited

Net assets

£20.2k

+19% from £17.0k

Employees (average)

1

Same as 1

Owed within a year

£73.8k

−33% from £110k

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2020 to 2024
  • 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 12416228. 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

Nextgen Autos’s history from the FCA register and Companies House, newest first.

Key events (8) All events (15)

2021

10 November 2021

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

FCA register

2020

23 October 2020

  • Amarinder Singh Bedi stopped being a part-owner

Companies House

1 October 2020

  • Amarinder Singh Bedi took control (75–100% of shares)

Companies House

17 February 2020

  • Kshitij Arora stopped being a part-owner

Companies House

21 January 2020

  • Incorporated at Companies House
  • Amarinder Singh Bedi became a part-owner (25–50% of shares)
  • Kshitij Arora became a part-owner (25–50% of shares)

Companies House

In the full report: all 15 events

  • All 15 events in its history (8 shown here)
  • Every director appointment and resignation: 5
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Firms like Nextgen Autos

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

In Nottingham

A & D Computers LimitedNottinghamAuthorisedWalker Movements LimitedNottinghamAuthorisedAC13 Premier LtdNottinghamAuthorisedAlltruck PLCNottinghamAuthorisedAsk Motor Group LtdNottinghamAuthorisedAutochecked Vehicles LtdNottinghamAuthorised

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 Nextgen Autos

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
  • 2 background checks on its contact details
  • 5 years of accounts, charted
  • All 15 events in its history

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Frequently asked questions about this firm

Is Nextgen Autos Ltd FCA authorised?
Yes, Nextgen Autos Ltd (FRN 961457) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2021 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Nextgen Autos’ phone number?
The FCA register lists the phone number 07896 141186 for Nextgen Autos. If you were given different contact details, use these to check with the firm before going any further.
Is Nextgen Autos a scam or clone?
Nextgen Autos 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 Nextgen Autos?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Nextgen Autos handles your money, so check the specific product before you commit. You can also refer complaints about Nextgen Autos to the Financial Ombudsman Service, free of charge.
Who owns Nextgen Autos?
Companies House lists one person with significant control of Nextgen Autos: Mr Amarinder Singh Bedi (75–100% of shares). Before that, it was controlled by Mr Kshitij Arora.
Who runs Nextgen Autos?
Companies House lists one director of Nextgen Autos: Amarinder Singh Bedi.
How long has Nextgen Autos been in business?
The company was formed on 21 January 2020, and has held its current FCA authorisation since November 2021.
What do Nextgen Autos’ latest accounts show?
Its latest accounts, to 31 October 2024, show net assets of £20.2k (+19% from £17.0k).

Sources and links

The full report on Nextgen Autos Ltd

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