Read Hyundai Kings Lynn Limited

Reference number: 788755

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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 Kings Lynn Limited (FRN 788755) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Kings Lynn's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Read Hyundai Kings Lynn, 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 01553 780213 is
  • Who else gives the postcode PE30 4LP
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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
21 February 2014 (12 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)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael David Read Director Apr 1964 21 Feb 2014 1 other company
Nicola Jane Read Director Sep 1963 21 Feb 2014 None
Nicola Jane Read Secretary Not published 21 Feb 2014 –

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 company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 December 2024Small company accountsAudited

Net assets

£1.27m

+15% from £1.10m

Employees (average)

15

−6.3% from 16

Owed within a year

£3.19m

+34% from £2.37m

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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 08906665. 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 Kings Lynn’s history from the FCA register and Companies House, newest first.

2017

13 September 2017

  • Became an appointed representative

FCA register

2016

6 April 2016

  • Read Motor Group Ltd took control (75–100% of shares)

Companies House

2014

21 February 2014

  • Incorporated at Companies House
  • Michael David Read appointed as a director
  • Nicola Jane Read appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like Read Hyundai Kings Lynn

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

In Kings Lynn

In the Peterborough (PE) postcode area

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 Kings Lynn

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • All 5 events in its history

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Frequently asked questions about this firm

Is Read Hyundai Kings Lynn Limited FCA authorised?
Read Hyundai Kings Lynn Limited (FRN 788755) 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 Kings Lynn?
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 Kings Lynn Limited (FRN 788755) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Kings Lynn's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Read Hyundai Kings Lynn, 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 Kings Lynn’s phone number and website?
The FCA register lists the phone number 01553 780213 and the website read-motorgroup.co.uk for Read Hyundai Kings Lynn. If you were given different contact details, use these to check with the firm before going any further.
Is Read Hyundai Kings Lynn a scam or clone?
Read Hyundai Kings Lynn 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 Kings Lynn?
Protection works through Ingeni Services Group Limited, the principal firm responsible for Read Hyundai Kings Lynn's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Read Hyundai Kings Lynn?
Read Hyundai Kings Lynn is owned by Read Motor Group Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Read Hyundai Kings Lynn?
Companies House lists 2 directors of Read Hyundai Kings Lynn: Michael David Read and Nicola Jane Read.
How long has Read Hyundai Kings Lynn been in business?
The company was formed on 21 February 2014.
What do Read Hyundai Kings Lynn’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £1.27m (+15% from £1.10m).

Sources and links

The full report on Read Hyundai Kings Lynn Limited

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