Read Hyundai Boston Limited

Reference number: 794885

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Read Hyundai Boston Limited (FRN 794885) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Boston's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Read Hyundai Boston, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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 read-motorgroup.co.uk first appeared online, and whether it can receive email
  • What kind of line 01472 453200 is, and the 3 other firms that give it
  • Who else gives the postcode DN36 4RJ
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Other names (1)

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

  • Read Hyundai Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Ingeni Services Group Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

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
Private limited company
Incorporated
28 September 2017 (9 years old)
Registered office
Retford Road, Worksop, Nottinghamshire, S80 2QD, United Kingdom
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Maintenance and repair of motor vehicles (SIC 45200)
  • Retail trade of motor vehicle parts and accessories (SIC 45320)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael David Read Director Apr 1964 28 Sep 2017 9 other companies
Nicola Jane Read Director Sep 1963 28 Sep 2017 7 other companies
Nicola Jane Read Secretary Not published 28 Sep 2017 –

Other companies run by these 2 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
10
closed down
2
went insolvent
1

In the full report: all 10 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 5 on the FCA register, including 4 no longer authorised
  • The 6 companies these 2 directors run together
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Filed accounts and finances

Year to 31 December 2024Small company accountsAudited

Net assets

£5,128

−94% from £84.1k

Cash at bank

£3,737

−90% from £37.2k

Employees (average)

17

Same as 17

Owed within a year

£4.42m

+12% from £3.95m

No turnover or profit for the year to 31 December 2024: the accounts print them but do not tag them. The last tagged figures are £16.8m turnover and −£13.1k profit, for the year to 31 December 2023.

Assets and liabilities

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.

Accounts filed at Companies House for company 10985707. 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

Read Hyundai Boston’s history from the FCA register and Companies House, newest first.

2017

23 November 2017

  • Became an appointed representative

FCA register

28 September 2017

  • Incorporated at Companies House
  • Read Motor Group Limited took control (75–100% of shares)

Companies House

In the full report: all 6 events

  • All 6 events in its history (3 shown here)
  • Every director appointment and resignation: 2
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Firms connected to Read Hyundai Boston

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

connected firms
7
no longer authorised
5
share a director
5

In the full report: all 7 connected firms, named

  • How each is linked: shared directors (5), the same phone number (3), the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Read Hyundai Boston

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

In Grimsby

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 Read Hyundai Boston

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

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

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Frequently asked questions about this firm

Is Read Hyundai Boston Limited FCA authorised?
Read Hyundai Boston Limited (FRN 794885) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Read Hyundai Boston?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Read Hyundai Boston Limited (FRN 794885) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Boston's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Read Hyundai Boston, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Read Hyundai Boston’s phone number and website?
The FCA register lists the phone number 01472 453200 and the website read-motorgroup.co.uk for Read Hyundai Boston. 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 3 other FCA firms, 3 of which are no longer authorised.
Is Read Hyundai Boston a scam or clone?
Read Hyundai Boston 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 Read Hyundai Boston?
Protection works through Ingeni Services Group Limited, the principal firm responsible for Read Hyundai Boston's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Read Hyundai Boston?
Read Hyundai Boston is owned by Read Motor Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 28 September 2017.
Who runs Read Hyundai Boston?
Companies House lists 2 directors of Read Hyundai Boston: Michael David Read and Nicola Jane Read.
How long has Read Hyundai Boston been in business?
The company was formed on 28 September 2017.
What do Read Hyundai Boston’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £5,128 (−94% from £84.1k) and cash at bank of £3,737 (−90% from £37.2k).
Does Read Hyundai Boston use any other names?
It trades as Read Hyundai.

Sources and links

The full report on Read Hyundai Boston Limited

£19.99 · Instant PDF download

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