Precise Cars Limited

Reference number: 973875

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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

  • When precisecars.co.uk first appeared online, and whether it can receive email
  • What kind of line 07588 336762 is
  • Who else gives the postcode BN22 9SE
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FCA permissions and consumer protection

  • Hire out goods to consumers 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 (2 permissions)
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

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
11141893
Company status
Active
Company type
Private limited company
Incorporated
10 January 2018 (8 years old)
Registered office
120 Cavendish Place, Eastbourne, East Sussex, BN21 3TZ, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Raphael Mafe Director Apr 1987 27 Nov 2018 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 31 January 2026Micro-entity accountsNot audited

Net assets

£14.4k

+36% from £10.6k

Employees (average)

2

+100% from 1

Owed within a year

£32.8k

−50% from £65.0k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • 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 11141893. 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

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

Key events (6) All events (10)

2022

1 June 2022

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

FCA register

2018

27 November 2018

  • Nominee Solutions Limited gave up control
  • Raphael Mafe gained significant control

Companies House

10 January 2018

  • Incorporated at Companies House
  • Nominee Solutions Limited took control (75–100% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like Precise Cars

Other firms of the same type (car leasing or hire), nearest first.

In the Brighton (BN) postcode area

Mill Wood Finance LimitedBrightonAuthorisedRastrick LtdBrightonAuthorisedRossetts (UK) LimitedWorthingAuthorisedStewart Mouland Motor caravans LimitedPeacehavenAuthorised

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 Precise Cars

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
  • 7 years of accounts, charted
  • All 10 events in its history

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Frequently asked questions about this firm

Is Precise Cars Limited FCA authorised?
Yes, Precise Cars Limited (FRN 973875) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2022 and works as a car leasing or hire. The FCA has placed no limits on its permissions.
What is Precise Cars’ phone number and website?
The FCA register lists the phone number 07588 336762 and the website precisecars.co.uk for Precise Cars. If you were given different contact details, use these to check with the firm before going any further.
Is Precise Cars a scam or clone?
Precise Cars 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 Precise Cars?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Precise Cars handles your money, so check the specific product before you commit. You can also refer complaints about Precise Cars to the Financial Ombudsman Service, free of charge.
Who owns Precise Cars?
Companies House lists one person with significant control of Precise Cars: Raphael Mafe (significant influence or control). Before that, it was controlled by Nominee Solutions Limited.
Who runs Precise Cars?
Companies House lists one director of Precise Cars: Raphael Mafe.
How long has Precise Cars been in business?
The company was formed on 10 January 2018, and has held its current FCA authorisation since June 2022.
What do Precise Cars’ latest accounts show?
Its latest accounts, to 31 January 2026, show net assets of £14.4k (+36% from £10.6k).

Sources and links

The full report on Precise Cars Limited

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