Propel Finance PLC

Reference number: 689877

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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 propelfinance.co.uk first appeared online, and whether it can receive email
  • What kind of line 01633 415222 is, and the other firm that gives it
  • Who else gives the postcode NP18 2LH
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Other names (11)

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

  • Apple Financial Services Trading name: A name it trades under now.
  • Propel Trading name: A name it trades under now.
  • PropelPay Trading name: A name it trades under now.
  • Henry Howard Finance Plc Former name: A name it was registered under before.
  • Henry Howard Asset Finance Former trading name: A name it used to trade under.
  • Henry Howard Commercial and Property Finance Former trading name: A name it used to trade under.
  • Henry Howard Retail Finance Former trading name: A name it used to trade under.
  • Henry Howard Vendor Finance Former trading name: A name it used to trade under.
  • HH Asset Finance Former trading name: A name it used to trade under.
  • HH Retail Finance Former trading name: A name it used to trade under.
  • HH Vendor Finance Former trading name: A name it used to trade under.

FCA permissions and consumer protection

  • Lend or arrange credit · 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 (7 permissions)
  • Credit Broking
  • Debt Administration
  • Debt-collecting
  • Entering into Regulated Consumer Hire Agreements as owner
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • 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 status
Active
Company type
Public limited company
Incorporated
15 June 2000 (26 years old)
Registered office
Unit 5, Langstone Business Village, Langstone Park Langstone, Newport, NP18 2LH
Nature of business
  • Financial leasing (SIC 64910)

Directors and company secretaries

Name Role Born Appointed Other companies
Richard James Mcdougall Director Jan 1980 3 Jul 2014 53 other companies
Edward Hugh Mcneill Director Apr 1978 3 Jul 2014 54 other companies
Mark Catton Director May 1966 5 Oct 2018 10 other companies
Anne Williams Director May 1961 5 Oct 2018 8 other companies
Catrin Nation Secretary Not published 23 Jan 2020 –

Other companies run by these 4 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
101
closed down
34
are FCA-registered
17

In the full report: all 101 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 17 on the FCA register, including one no longer authorised
  • The 11 companies these 4 directors run together
  • All 9 people who have ever been directors, with their dates
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Key dates in its history

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

2019

16 December 2019

  • Changed its registered name from "Henry Howard Finance Plc"

FCA register

2016

30 June 2016

  • Cabot Square Capital GP IV LLP gained significant control
  • Cabot Square Capital LLP gained significant control

Companies House

6 April 2016

  • Propel Group Finance Limited took control (75–100% of shares)

Companies House

2015

25 September 2015

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

FCA register

2000

15 June 2000

  • Incorporated at Companies House

Companies House

In the full report: all 39 events

  • All 39 events in its history (7 shown here)
  • Every director appointment and resignation: 12
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Firms connected to Propel Finance

Other FCA-listed firms that share a director, phone number or address with Propel Finance. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
9
share a director
6
share its phone number
1

In the full report: all 9 connected firms, named

  • How each is linked: shared directors (6), the same phone number (1), the same postcode (4)
  • Who links each one: the named directors, with dates
  • 6 past links through former directors
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Firms like Propel Finance

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

In Newport

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 Propel Finance

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

  • 101 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 39 events in its history
  • 9 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Propel Finance PLC FCA authorised?
Yes, Propel Finance PLC (FRN 689877) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2015 and works as a lender. The FCA has placed no limits on its permissions.
What is Propel Finance’s phone number and website?
The FCA register lists the phone number 01633 415222 and the website propelfinance.co.uk for Propel Finance. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Propel Finance a scam or clone?
Propel Finance 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 Propel Finance?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Propel Finance handles your money, so check the specific product before you commit. You can also refer complaints about Propel Finance to the Financial Ombudsman Service, free of charge.
Who owns Propel Finance?
Propel Finance is owned by Propel Group Finance Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Propel Finance?
Companies House lists 4 directors of Propel Finance: Richard James McDougall, Edward Hugh McNeill, Mark Catton and Anne Williams.
How long has Propel Finance been in business?
The company was formed on 15 June 2000, and has held its current FCA authorisation since September 2015.
Does Propel Finance use any other names?
It trades as Apple Financial Services, Propel and PropelPay. It has previously used 8 other names, including Henry Howard Finance Plc, Henry Howard Asset Finance and Henry Howard Commercial and Property Finance.

Sources and links

The full report on Propel Finance PLC

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