Read Hyundai Worksop Limited

Reference number: 767299

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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.

Responsible principal firm

Ingeni Services Group Limited Reference number: 747381 Authorised View firm →
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 Worksop Limited (FRN 767299) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Worksop's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Read Hyundai Worksop, 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 01909 513300 is
  • Who else gives the postcode S80 2QD
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Other names (1)

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

  • Read Hyundai Trading name

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 number
10501122
Company status
Active
Company type
Private limited company
Incorporated
29 November 2016 (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)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael David Read Director Apr 1964 29 Nov 2016 1 other company
Nicola Jane Read Director Sep 1963 29 Nov 2016 1 other company
Nicola Jane Read Secretary Not published 29 Nov 2016 –

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
is FCA-registered
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
  • The one on the FCA register, including one no longer authorised
  • The 1 company these 2 directors run together
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Filed accounts and finances

Year to 31 December 2024Small company accountsAudited

Net assets

−£223k

Down £125k from −£97.6k

Cash at bank

£19.0k

−88% from £157k

Employees (average)

14

+7.7% from 13

Owed within a year

£4.38m

+17% from £3.76m

Net assets are negative: on its last balance sheet the company owed £223k more than it owned.

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 10501122. 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 Worksop’s history from the FCA register and Companies House, newest first.

Key events (3) All events (6)

2016

14 December 2016

  • Became an appointed representative

FCA register

29 November 2016

  • 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 Worksop

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

connected firms
4
no longer authorised
1
share a director
1

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (1), the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Read Hyundai Worksop

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

In Worksop

BSH Ventures LtdWorksopAppointed representativeMason Motor Group LtdWorksopAppointed representativeD Johnson Vehicle Sales & Motor EngineerWorksopAuthorisedGateford Motor CompanyWorksopAuthorisedLead Hill Garage LimitedWorksopAuthorisedLhd Euro Car LimitedWorksopAuthorised

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 Worksop

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 6 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Read Hyundai Worksop Limited FCA authorised?
Read Hyundai Worksop Limited (FRN 767299) 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 Worksop?
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 Worksop Limited (FRN 767299) is an AR of Ingeni Services Group Limited (FRN 747381). When you use Read Hyundai Worksop's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Read Hyundai Worksop, 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 Worksop’s phone number and website?
The FCA register lists the phone number 01909 513300 and the website read-motorgroup.co.uk for Read Hyundai Worksop. If you were given different contact details, use these to check with the firm before going any further.
Is Read Hyundai Worksop a scam or clone?
Read Hyundai Worksop 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 Worksop?
Protection works through Ingeni Services Group Limited, the principal firm responsible for Read Hyundai Worksop's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Read Hyundai Worksop?
Read Hyundai Worksop 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 29 November 2016.
Who runs Read Hyundai Worksop?
Companies House lists 2 directors of Read Hyundai Worksop: Michael David Read and Nicola Jane Read.
How long has Read Hyundai Worksop been in business?
The company was formed on 29 November 2016.
What do Read Hyundai Worksop’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of −£223k (down £125k from −£97.6k) and cash at bank of £19.0k (−88% from £157k).
Does Read Hyundai Worksop use any other names?
It trades as Read Hyundai.

Sources and links

The full report on Read Hyundai Worksop Limited

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