Powerboats Limited

Reference number: 773923

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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.

In the full report: 3 background checks, 1 thing worth a closer look

  • When boatsmart.co.uk first appeared online, and whether it can receive email
  • What kind of line 01489 660125 is
  • Who else gives the postcode SO31 7GY
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Other names (1)

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

  • Boatsmart 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 (1 permission)
  • Credit Broking

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
05377321
Company status
Active
Company type
Private limited company
Incorporated
28 February 2005 (21 years old)
Registered office
177 Swanwick Lane, Swanwick, Southampton, SO31 7GY, England
Nature of business
  • Other retail sale not in stores, stalls or markets (SIC 47990)

Directors and company secretaries

Name Role Born Appointed Other companies
Daniel James Cross Director Dec 1978 2 Apr 2005 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
closed down
1
still active
1

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
  • All 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Small company accountsNot audited

Net assets

−£76.4k

Down £67.4k from −£8,970

Cash at bank

£0

−100% from £59.6k

Employees (average)

2

Same as 2

Owed within a year

£601k

+56% from £385k

Net assets are negative: on its last balance sheet the company owed £76.4k more than it owned.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 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 05377321. 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

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

Key events (4) All events (8)

2017

21 April 2017

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

FCA register

2016

6 April 2016

  • Daniel James Cross took control (75–100% of shares)

Companies House

2005

28 February 2005

  • Incorporated at Companies House

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 1
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Firms like Powerboats

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

In Southampton

TentBox LimitedSouthamptonAuthorised99 Bikes LimitedSouthamptonAuthorisedMovement, Sound & Lighting LimitedSouthamptonAuthorisedAncasta International Boat Sales LimitedSouthamptonAuthorisedBecketts Music LimitedSouthamptonAuthorisedClipper Marine LimitedSouthamptonAuthorised

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 Powerboats

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
  • 3 background checks on its contact details, 1 flagged
  • 6 years of accounts, charted
  • All 8 events in its history

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Frequently asked questions about this firm

Is Powerboats Limited FCA authorised?
Yes, Powerboats Limited (FRN 773923) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2017 and works as a retailer. The FCA has placed no limits on its permissions.
What is Powerboats’ phone number and website?
The FCA register lists the phone number 01489 660125 and the website boatsmart.co.uk for Powerboats. If you were given different contact details, use these to check with the firm before going any further.
Is Powerboats a scam or clone?
Powerboats 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 Powerboats?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Powerboats handles your money, so check the specific product before you commit. You can also refer complaints about Powerboats to the Financial Ombudsman Service, free of charge.
Who owns Powerboats?
Companies House lists one person with significant control of Powerboats: Mr Daniel James Cross (75–100% of shares).
Who runs Powerboats?
Companies House lists one director of Powerboats: Daniel James Cross.
How long has Powerboats been in business?
The company was formed on 28 February 2005, and has held its current FCA authorisation since April 2017.
What do Powerboats’ latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of −£76.4k (down £67.4k from −£8,970) and cash at bank of £0 (−100% from £59.6k).
Does Powerboats use any other names?
It trades as Boatsmart.

Sources and links

The full report on Powerboats Limited

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