RM Auctions Limited: FCA regulated?

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.

Appointed for 2 years
Protected through the principal
No FCA actions
Active company since 2006
Accounts filed up to 31 December 2025
1 thing worth a closer look in the background checks

Responsible principal firm

Sotheby's Reference number: 703550 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.
RM Auctions Limited (FRN 1017450) is an AR of Sotheby's (FRN 703550). When you use RM Auctions's services, the FCA authorisation sits with the principal firm.
Example: if you take financial advice from RM Auctions, 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.

Website

rmsothebys.com (opens in a new tab)
Phone number

020 7851 7070
Address

40 Queen Anne Street, London, W1G 9EL, United Kingdom

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

When rmsothebys.com first appeared online, and whether it can receive email
What kind of line 020 7851 7070 is
Who else gives the postcode W1G 9EL

FCA permissions and consumer protection

Protection through the principal firm
Protection works through Sotheby's, 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: 05812660 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 10 May 2006 (20 years old)
Registered office: Matches the FCA register address ✓
Nature of business: Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Robert Joseph Myers	Director	Apr 1956	1 Mar 2007	2 other companies
Shelby Myers	Director	Jul 1983	28 Apr 2015	1 other company
Bryon Ray Madsen	Director	Sep 1964	3 Apr 2023	1 other company
John Douglas Sulman	Director	Mar 1983	3 Apr 2023	None
Ronald Williams Todgham	Director	Apr 1969	20 Jul 2023	1 other company
Gregory Livingstone Anderson	Director	Jul 1978	21 Mar 2024	1 other company
John Douglas Sulman	Secretary	Not published	25 Jul 2017	–

Other companies run by these 6 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: 2
still active: 2
run together: 1

In the full report: all 2 companies, named

What each company does, and whether it is still trading
Which of these 6 directors sit on each board, and since when
Any that went into liquidation or administration
The 1 company these 6 directors run together
All 20 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 December 2025Full accountsAudited

Turnover

£29.2m

+44% from £20.3m

Profit before tax

£5.97m

+150% from £2.38m

Net assets

£35.5m

+14% from £31.0m

Cash at bank

£45.2m

+758% from £5.26m

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 05812660. 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

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

Key events (3) All events (39)

2024

18 September 2024

Became an appointed representative

FCA register

2016

6 April 2016

Rm European Holdings Limited took control (75–100% of shares)

Companies House

2006

10 May 2006

Incorporated at Companies House

Companies House

In the full report: all 39 events

All 39 events in its history (3 shown here)
Every director appointment and resignation: 36

Firms connected to RM Auctions

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

connected firm: 1
share its postcode: 1

In the full report: the connected firm, named

How it is linked: the same postcode (1)
Who links it to this firm: the named directors, with dates

Firms like RM Auctions

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

In London

Car and Classic LimitedLondonAppointed representative MHS Leisure LimitedLondonAppointed representative Bobi.car LimitedLondonAppointed representative Broughtons of Cheltenham LimitedLondonAppointed representative H.R. Owen Dealerships LimitedLondonAppointed representative Jack Barclay LimitedLondonAppointed representative

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 RM Auctions

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

2 other companies its directors have run, named
3 background checks on its contact details, 1 flagged
All 39 events in its history
1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is RM Auctions Limited FCA authorised?

RM Auctions Limited (FRN 1017450) 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 RM Auctions?

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. RM Auctions Limited (FRN 1017450) is an AR of Sotheby's (FRN 703550). When you use RM Auctions's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from RM Auctions, 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 RM Auctions’ phone number and website?

The FCA register lists the phone number 020 7851 7070 and the website rmsothebys.com for RM Auctions. If you were given different contact details, use these to check with the firm before going any further.

Is RM Auctions a scam or clone?

RM Auctions 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 RM Auctions?

Protection works through Sotheby's, the principal firm responsible for RM Auctions's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Who owns RM Auctions?

RM Auctions is owned by Rm European Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.

Who runs RM Auctions?

Companies House lists 6 directors of RM Auctions: Robert Joseph Myers, Shelby Myers, Bryon Ray Madsen, John Douglas Sulman, Ronald Williams Todgham and Gregory Livingstone Anderson.

How long has RM Auctions been in business?

The company was formed on 10 May 2006.

What do RM Auctions’ latest accounts show?

Its latest accounts, to 31 December 2025, show turnover of £29.2m (+44% from £20.3m) and profit before tax of £5.97m (+150% from £2.38m).