Reflex Vehicle Hire Limited

Reference number: 708107

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Address

    Christopher Petts and Jonathan Roden of Grant Thornton UK Advisory & Tax, 116 Quayside, Newcastle upon Tyne, NE1 3DY, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode NE1 3DY
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Other names (2)

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

  • Reflex Trading name: A name it trades under now.
  • LCV Hire Solutions Limited Former name: A name it was registered under before.

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (5 permissions)
  • Credit Broking
  • Debt Adjusting
  • 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.

Concerns on the company record

  • Companies House records this company in administration, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • This company has insolvency history on record.
Company status
Administration
Company type
Private limited company
Incorporated
17 October 2011 (15 years old)
Registered office
C/O Grant Thornton Uk Advisory & Tax Llp Landmark St Peters Square 1, Oxford Street, Manchester, M1 4PB
Nature of business
  • Renting and leasing of cars and light motor vehicles (SIC 77110)

Directors and company secretaries

Name Role Born Appointed Other companies
Lisa Marie Spong Director Jan 1978 21 Sep 2018 None
Oliver Frank Howard Waring Director Mar 1972 7 Jul 2021 11 other companies

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
11
closed down
2
went insolvent
1

In the full report: all 11 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 one on the FCA register
  • All 10 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2023Full accountsAudited

Net assets

£8.80m

+53% from £5.74m

Cash at bank

£849k

−61% from £2.16m

Employees (average)

147

+35% from 109

Owed within a year

£34.7m

+19% from £29.2m

Its next accounts are overdue at Companies House.

No turnover or profit for the year to 31 December 2023: the accounts print them but do not tag them. The last tagged figures are £49.5m turnover and £3.51m profit, for the year to 31 December 2021.

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 07813062. 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

Reflex Vehicle Hire’s history from the FCA register and Companies House, newest first.

2021

6 August 2021

  • Bgf GP Limited stopped being a part-owner

Companies House

19 March 2021

  • David Elias Fine no longer has significant control
  • Oliver Frank Howard Waring gained significant control

Companies House

2019

13 May 2019

  • Changed its registered name from "LCV Hire Solutions Limited"

FCA register

2018

25 September 2018

  • David Elias Fine gained significant control

Companies House

27 June 2018

  • Bgf GP Limited became a part-owner (25–50% of shares)

Companies House

2015

8 September 2015

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

FCA register

2011

17 October 2011

  • Incorporated at Companies House

Companies House

In the full report: all 32 events

  • All 32 events in its history (9 shown here)
  • Every director appointment and resignation: 20
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Firms connected to Reflex Vehicle Hire

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

connected firms
2
share its postcode
2
past link
1

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like Reflex Vehicle Hire

Other firms of the same type (car leasing or hire), nearest first.

In Newcastle upon Tyne

In the Newcastle (NE) 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 Reflex Vehicle Hire

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

  • 11 other companies its directors have run, named
  • 1 background check on its contact details
  • All 32 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Reflex Vehicle Hire Limited FCA authorised?
Yes, Reflex Vehicle Hire Limited (FRN 708107) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since September 2015 and works as a car leasing or hire. The FCA has placed no limits on its permissions.
Is Reflex Vehicle Hire a scam or clone?
Reflex Vehicle Hire 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 Reflex Vehicle Hire?
Reflex Vehicle Hire is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who owns Reflex Vehicle Hire?
Companies House lists one person with significant control of Reflex Vehicle Hire: Mr Oliver Frank Howard Waring (significant influence or control). Before that, it was controlled by Bgf GP Limited and Mr David Elias Fine.
Who runs Reflex Vehicle Hire?
Companies House lists 2 directors of Reflex Vehicle Hire: Lisa Marie Spong and Oliver Frank Howard Waring.
How long has Reflex Vehicle Hire been in business?
The company was formed on 17 October 2011. Companies House now lists it as administration.
What do Reflex Vehicle Hire’s latest accounts show?
Its latest accounts, to 31 December 2023, show net assets of £8.80m (+53% from £5.74m) and cash at bank of £849k (−61% from £2.16m). Its accounts are overdue at Companies House.
Does Reflex Vehicle Hire use any other names?
It trades as Reflex. It has previously used the name LCV Hire Solutions Limited.

Sources and links

The full report on Reflex Vehicle Hire Limited

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