Passion Cars Ltd

Reference number: 937823

Instant download

No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 6 July 2026.

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.

  • Last known website

    passioncarsltd.co.uk

  • Last known phone number

    07540 927683

  • Last known address

    1B Pickford Lane, Bexleyheath, Kent, DA7 4RD, United Kingdom

In the full report: 3 background checks

  • When passioncarsltd.co.uk first appeared online, and whether it can receive email
  • What kind of line 07540 927683 is
  • Who else gives the postcode DA7 4RD
Instant PDF download

Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

FCA disciplinary action

FCA action

action
1
most recent
July 2026
  • Permission varied or cancelled on 6 July 2026
    The Authority has cancelled the permission and withdrawn the authorisation of Passion Cars Ltd “the Firm” of 1B Pickford Lane, Bexleyheath, Kent, DA7 4RD, UNITED KINGDOM “(principal place of business address) and 1B Pickford Lane, Bexleyheath, Kent, DA7 4RD, UNITED KINGDOM (registered office address). The reason for this action is that the Authority considers the Firm is carrying on no regulated activities to which its Part 4A permission relates.    The Authority’s action took effect on 6 July 2026, and a copy of the Notice of Decision issued under Schedule 6A of the Financial Services and Markets Act 2000 (the Act), which sets out the reason for the action, is displayed on the Authority’s website and can be accessed using the following link:    https://www.fca.org.uk/publication/decision-notices/passion-cars-ltd-2026.pdf     As a consequence of this action the Firm is no longer an authorised firm for the purposes of the Act and it may not carry on regulated activities which fall within the scope of the Act.

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.

Concerns on the company record

  • Companies House records this company in liquidation.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company status
Liquidation
Company type
Private limited company
Incorporated
13 October 2020 (6 years old)
Registered office
1b Pickford Lane, Bexleyheath, Kent, DA7 4RD, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Nathan Addae Director Aug 1976 13 Oct 2020 1 other company

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 company
1
still active
1

In the full report: all 1 company, 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
Instant PDF download

Filed accounts and finances

Year to 31 October 2024Full accountsNot audited

Turnover

£388k

−32% from £574k

Profit before tax

−£71.5k

Down £73.8k from £2,237

Net assets

−£69.6k

Down £71.5k from £1,889

Cash at bank

£870

Up £730 from £140

Its next accounts are overdue at Companies House.

Net assets are negative: on its last balance sheet the company owed £69.6k more than it owned.

Turnover and profit

In the full report: all 4 years of accounts

  • Every year from 2021 to 2024
  • Both charts, 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 12947865. 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

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

2026

6 July 2026

  • FCA action: Permission varied or cancelled
  • No longer regulated by the FCA
  • Its FCA authorisation was revoked

FCA register

2020

19 November 2020

  • Regulated by the FCA from this date

FCA register

13 October 2020

  • Incorporated at Companies House
  • Nathan Addae took control (75–100% of shares)
  • Nathan Addae appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms connected to Passion Cars

Other FCA-listed firms that share a director, phone number or address with Passion 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
Instant PDF download

Firms like Passion Cars

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

In Kent

In the Dartford (DA) postcode area

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 Passion Cars

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 7 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Passion Cars Ltd FCA authorised?
No. Passion Cars Ltd (FRN 937823) is still listed on the FCA register, but the record is closed: no longer authorised.
Is Passion Cars a scam or clone?
Passion Cars is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Passion Cars?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Passion Cars has no cover, because it is no longer permitted to carry it out.
Who owns Passion Cars?
Companies House lists one person with significant control of Passion Cars: Mr Nathan Addae (75–100% of shares).
Who runs Passion Cars?
Companies House lists one director of Passion Cars: Nathan Addae.
How long has Passion Cars been in business?
The company was formed on 13 October 2020. Companies House now lists it as liquidation.
What do Passion Cars’ latest accounts show?
Its latest accounts, to 31 October 2024, show turnover of £388k (−32% from £574k) and profit before tax of −£71.5k (down £73.8k from £2,237). Its accounts are overdue at Companies House.
Has the FCA taken action against Passion Cars?
Yes. The FCA register records 1 change to its permissions in 2026. The details are in the disciplinary section above, with links to the FCA's notices.

Sources and links

The full report on Passion Cars Ltd

£19.99 · Instant PDF download

Loading secure checkout…