R.S.R. (Rhyl) ltd

Reference number: 673323

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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 second-chance-shop.uk first appeared online, and whether it can receive email
  • What kind of line 01745 338899 is
  • Who else gives the postcode LL18 1AS
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Other names (8)

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

  • Second Chance Trading name
  • Second Chance Rhyl Trading name
  • verterbay Trading name
  • cash converters Former trading name
  • cash converters bangor Former trading name
  • cash converters rhyl Former trading name
  • personal finance centre Former trading name
  • www.cashconverter.co.uk Former 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 (2 permissions)
  • 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)

Limits on what they may do

  • Not permitted to canvass off trade premises
    The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises

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
03753513
Company status
Active
Company type
Private limited company
Incorporated
16 April 1999 (27 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Retail sale of other second-hand goods in stores (not incl. antiques) (SIC 47799)

Directors and company secretaries

Name Role Born Appointed Other companies
Richard Irwin Addison Director Nov 1954 21 Apr 1999 None
Sheila Addison Secretary Not published 21 Apr 1999 –

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 October 2025Micro-entity accountsNot audited

Net assets

£137k

−28% from £190k

Employees (average)

7

Same as 7

Owed within a year

£30.8k

+63% from £18.8k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • 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 03753513. 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

R.S.R. (Rhyl)’s history from the FCA register and Companies House, newest first.

Key events (5) All events (21)

2016

6 April 2016

  • Richard Irwin Addison took control (75–100% of shares)

Companies House

22 January 2016

  • Regulated by the FCA from this date
  • FCA imposed a requirement (Not permitted to canvass off trade premises)
  • Became authorised by the FCA

FCA register

1999

16 April 1999

  • Incorporated at Companies House

Companies House

In the full report: all 21 events

  • All 21 events in its history (5 shown here)
  • Every director appointment and resignation: 1
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Firms like R.S.R. (Rhyl)

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

In Rhyl

Brandon court limitedRhylAuthorised

In the Llandudno (LL) postcode area

Dbw Investments (10) LimitedWrexhamAuthorisedKelvin SavageDolgellauAuthorisedMartin Rees JewellersWrexhamSee the registerRural & Commercial Finance LtdWrexhamAuthorisedBoots Hearingcare LimitedLlandudnoAuthorised

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 R.S.R. (Rhyl)

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 21 events in its history

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Frequently asked questions about this firm

Is R.S.R. (Rhyl) ltd FCA authorised?
Yes, R.S.R. (Rhyl) ltd (FRN 673323) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since January 2016 and works as a lender. The FCA has placed a limit on what it may do.
What is R.S.R. (Rhyl)’s phone number and website?
The FCA register lists the phone number 01745 338899 and the website second-chance-shop.uk for R.S.R. (Rhyl). If you were given different contact details, use these to check with the firm before going any further.
Is R.S.R. (Rhyl) a scam or clone?
R.S.R. (Rhyl) 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 R.S.R. (Rhyl)?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how R.S.R. (Rhyl) handles your money, so check the specific product before you commit. You can also refer complaints about R.S.R. (Rhyl) to the Financial Ombudsman Service, free of charge.
Who owns R.S.R. (Rhyl)?
Companies House lists one person with significant control of R.S.R. (Rhyl): Mr Richard Irwin Addison (75–100% of shares).
Who runs R.S.R. (Rhyl)?
Companies House lists one director of R.S.R. (Rhyl): Richard Irwin Addison.
How long has R.S.R. (Rhyl) been in business?
The company was formed on 16 April 1999, and has held its current FCA authorisation since January 2016.
What do R.S.R. (Rhyl)’s latest accounts show?
Its latest accounts, to 31 October 2025, show net assets of £137k (−28% from £190k).
Does R.S.R. (Rhyl) use any other names?
It trades as Second Chance, Second Chance Rhyl and verterbay. It has previously used 5 other names, including cash converters, cash converters bangor and cash converters rhyl.

Sources and links

The full report on R.S.R. (Rhyl) ltd

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