Read Hyundai Limited

Reference number: 791279

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No longer an appointed representative

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Registration ended 11 October 2017.

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.

  • Last known website

    read-motorgroup.co.uk

  • Last known phone number

    01472 453200

    Also given by 2 firms that are no longer authorised. Check you are dealing with the firm on this page.

  • Last known address

    Altyre Way, Hewitts Avenue Business Park, Humberston, Grimsby, South Humberside, DN36 4RJ, United Kingdom

In the full report: 3 background checks, 1 thing worth a closer look

  • 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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Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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
2 September 2005 (21 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)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael David Read Director Apr 1964 26 Feb 2010 9 other companies
Nicola Jane Read Director Sep 1963 26 Feb 2010 7 other companies
Nicola Jane Read Secretary Not published 26 Feb 2010 –

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 3 no longer authorised
  • The 6 companies these 2 directors run together
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Full accountsAudited

Turnover

£20.8m

−25% from £27.8m

Profit before tax

£102k

−60% from £252k

Net assets

£2.98m

<1% from £3.00m

Cash at bank

£929

−99% from £96.4k

Turnover and profit

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 05553318. 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’s history from the FCA register and Companies House, newest first.

2017

11 October 2017

  • Stopped being an appointed representative

FCA register

2016

6 April 2016

  • Read Automotive Holdings Limited took control (75–100% of shares)

Companies House

2010

26 February 2010

  • Board replaced: its only director left and 2 new directors took over

Companies House

2005

2 September 2005

  • Incorporated at Companies House

Companies House

In the full report: all 9 events

  • All 9 events in its history (4 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Read Hyundai

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

connected firms
7
no longer authorised
4
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

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

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, 1 flagged
  • All 9 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 Limited FCA authorised?
No. Read Hyundai Limited (FRN 791279) is still listed on the FCA register, but the record is closed: no longer an appointed representative.
Is Read Hyundai a scam or clone?
Read Hyundai is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Read Hyundai?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Read Hyundai has no cover, because it is no longer permitted to carry it out.
Who owns Read Hyundai?
Read Hyundai is owned by Read Automotive Holdings Limited, which holds 75–100% of shares, since 6 April 2016.
Who runs Read Hyundai?
Companies House lists 2 directors of Read Hyundai: Michael David Read and Nicola Jane Read.
How long has Read Hyundai been in business?
The company was formed on 2 September 2005.
What do Read Hyundai’s latest accounts show?
Its latest accounts, to 31 December 2024, show turnover of £20.8m (−25% from £27.8m) and profit before tax of £102k (−60% from £252k).

Sources and links

The full report on Read Hyundai Limited

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