Radius Vehicle Solutions (NI) Limited

Reference number: 708901

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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 tractionfinance.com first appeared online, and whether it can receive email
  • What kind of line 028 9030 9000 is
  • Who else gives the postcode BT17 9HY
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Other names (4)

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

  • Traction Finance (NI) Trading name
  • Lease Options Limited Former name
  • Traction Finance (NI) Limited Former name
  • Traction Former trading name

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 Adjusting
  • Debt Administration
  • Debt-collecting
  • Debt-counselling
  • 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
NI046821
Company status
Active
Company type
Private limited company
Incorporated
9 June 2003 (23 years old)
Registered office
Unit 33 City Business Park, Dunmurry, Belfast, BT17 9HY, Northern Ireland
Nature of business
  • Renting and leasing of cars and light motor vehicles (SIC 77110)

Directors and company secretaries

Name Role Born Appointed Other companies
Paul Declan Mcguire Director Jul 1966 12 Jun 2003 4 other companies
Simon Cowley Director Jun 1989 13 Nov 2025 23 other companies
Simeon Thomas Irvine Director Feb 1967 13 Nov 2025 41 other companies
Christopher Woolnough Director Jul 1983 13 Nov 2025 24 other companies

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
60
closed down
4
went insolvent
1

In the full report: all 60 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 7 on the FCA register, including one no longer authorised
  • The 23 companies these 4 directors run together
  • All 12 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2019Abridged accountsNot audited

Net assets

£829k

No earlier figure to compare

Cash at bank

£222k

No earlier figure to compare

Employees (average)

20

No earlier figure to compare

Owed within a year

£1.19m

No earlier figure to compare

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 NI046821. 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

Radius Vehicle Solutions (NI)’s history from the FCA register and Companies House, newest first.

Key events (9) All events (34)

2022

6 December 2022

  • Changed its registered name from "Traction Finance (NI) Limited"

FCA register

29 September 2022

  • Lesley Barbara McGuire stopped being the majority owner
  • Radius Limited became the majority owner (50–75% of shares)

Companies House

2020

6 May 2020

  • Changed its registered name from "Lease Options Limited"

FCA register

2016

29 June 2016

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

FCA register

9 June 2016

  • Lesley Barbara McGuire became the majority owner (50–75% of shares)
  • Paul Declan McGuire became a part-owner (25–50% of shares)

Companies House

2003

9 June 2003

  • Incorporated at Companies House

Companies House

In the full report: all 34 events

  • All 34 events in its history (9 shown here)
  • Every director appointment and resignation: 20
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Firms connected to Radius Vehicle Solutions (NI)

Other FCA-listed firms that share a director, phone number or address with Radius Vehicle Solutions (NI). A link shows who the firm is tied to, not whether either can be trusted.

connected firms
6
no longer authorised
1
share a director
5

In the full report: all 6 connected firms, named

  • How each is linked: shared directors (5), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 2 past links through former directors
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Firms like Radius Vehicle Solutions (NI)

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

In Belfast

Legal & Financial Support Services LtdBelfastAuthorisedMiller James LimitedBelfastAuthorisedConcentrix CX UK LimitedBelfastAuthorisedBelfast City Auctions LimitedBelfastAuthorised

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 Radius Vehicle Solutions (NI)

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

  • 60 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 34 events in its history
  • 6 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Radius Vehicle Solutions (NI) Limited FCA authorised?
Yes, Radius Vehicle Solutions (NI) Limited (FRN 708901) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2016 and works as a debt collector. The FCA has placed no limits on its permissions.
What is Radius Vehicle Solutions (NI)’s phone number and website?
The FCA register lists the phone number 028 9030 9000 and the website tractionfinance.com for Radius Vehicle Solutions (NI). If you were given different contact details, use these to check with the firm before going any further.
Is Radius Vehicle Solutions (NI) a scam or clone?
Radius Vehicle Solutions (NI) 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 Radius Vehicle Solutions (NI)?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Radius Vehicle Solutions (NI) handles your money, so check the specific product before you commit. You can also refer complaints about Radius Vehicle Solutions (NI) to the Financial Ombudsman Service, free of charge.
Who owns Radius Vehicle Solutions (NI)?
Radius Vehicle Solutions (NI) is owned by Radius Limited, which holds 50–75% of shares, 50–75% of votes and can appoint and remove the board, since 29 September 2022. Before that, it was controlled by Mrs Lesley Barbara McGuire.
Who runs Radius Vehicle Solutions (NI)?
Companies House lists 4 directors of Radius Vehicle Solutions (NI): Paul Declan McGuire, Simon Cowley, Simeon Thomas Irvine and Christopher Woolnough.
How long has Radius Vehicle Solutions (NI) been in business?
The company was formed on 9 June 2003, and has held its current FCA authorisation since June 2016.
What do Radius Vehicle Solutions (NI)’s latest accounts show?
Its latest accounts, to 31 December 2019, show net assets of £829k (no earlier figure to compare) and cash at bank of £222k (no earlier figure to compare).
Does Radius Vehicle Solutions (NI) use any other names?
It trades as Traction Finance (NI). It has previously used 3 other names: Lease Options Limited, Traction Finance (NI) Limited and Traction.

Sources and links

The full report on Radius Vehicle Solutions (NI) Limited

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