Ryetec Industrial Equipment Limited

Reference number: 722540

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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 ryetec.co.uk first appeared online, and whether it can receive email
  • What kind of line 01944 728186 is
  • Who else gives the postcode YO17 8JA
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Other names (2)

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

  • Faraone UK Trading name
  • Ryetec Industrial Equipment Ltd Former name

FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (1 permission)
  • Credit Broking

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
02702611
Company status
Active
Company type
Private limited company
Incorporated
1 April 1992 (34 years old)
Registered office
Mill House, A64, East Knapton, Malton, YO17 8JA, England
Nature of business
  • Manufacture of agricultural and forestry machinery other than tractors (SIC 28302)
  • Wholesale of agricultural machinery, equipment and supplies (SIC 46610)

Directors and company secretaries

Name Role Born Appointed Other companies
Mark John Harrison Director Mar 1967 1 Apr 1992 2 other companies
Sandra Harrison Secretary Not published 1 Apr 1992 –

Other companies run by its director

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

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£1.15m

+41% from £820k

Cash at bank

£185

−99% from £26.2k

Employees (average)

23

Same as 23

Owed within a year

£1.72m

+40% from £1.22m

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 02702611. 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

Ryetec Industrial Equipment’s history from the FCA register and Companies House, newest first.

Key events (7) All events (17)

2025

5 June 2025

  • Changed its registered name from "Ryetec Industrial Equipment Ltd"

FCA register

2020

20 January 2020

  • Sandra Harrison stopped being a part-owner

Companies House

2016

6 April 2016

  • Mark John Harrison became the majority owner (50–75% of shares)
  • Sandra Harrison became a part-owner (25–50% of shares)

Companies House

2015

6 November 2015

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

FCA register

1992

1 April 1992

  • Incorporated at Companies House

Companies House

In the full report: all 17 events

  • All 17 events in its history (7 shown here)
  • Every director appointment and resignation: 7
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Firms like Ryetec Industrial Equipment

Other firms of the same type (credit broker), nearest first.

In Malton

K M BarkerMaltonAuthorisedMajor Oak Ventures LtdMaltonAppointed representativeFlamingo Land LimitedMaltonAuthorisedMalton & Norton Golf Club LtdMaltonAuthorisedRussell's (Kirbymoorside) LimitedMaltonAuthorised

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 Ryetec Industrial Equipment

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
  • 6 years of accounts, charted
  • All 17 events in its history

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Frequently asked questions about this firm

Is Ryetec Industrial Equipment Limited FCA authorised?
Yes, Ryetec Industrial Equipment Limited (FRN 722540) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2015 and works as a credit broker. The FCA has placed no limits on its permissions.
What is Ryetec Industrial Equipment’s phone number and website?
The FCA register lists the phone number 01944 728186 and the website ryetec.co.uk for Ryetec Industrial Equipment. If you were given different contact details, use these to check with the firm before going any further.
Is Ryetec Industrial Equipment a scam or clone?
Ryetec Industrial Equipment 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 Ryetec Industrial Equipment?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Ryetec Industrial Equipment handles your money, so check the specific product before you commit. You can also refer complaints about Ryetec Industrial Equipment to the Financial Ombudsman Service, free of charge.
Who owns Ryetec Industrial Equipment?
Companies House lists one person with significant control of Ryetec Industrial Equipment: Mr Mark John Harrison (50–75% of shares). Before that, it was controlled by Mrs Sandra Harrison.
Who runs Ryetec Industrial Equipment?
Companies House lists one director of Ryetec Industrial Equipment: Mark John Harrison.
How long has Ryetec Industrial Equipment been in business?
The company was formed on 1 April 1992, and has held its current FCA authorisation since November 2015.
What do Ryetec Industrial Equipment’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £1.15m (+41% from £820k) and cash at bank of £185 (−99% from £26.2k).
Does Ryetec Industrial Equipment use any other names?
It trades as Faraone UK. It has previously used the name Ryetec Industrial Equipment Ltd.

Sources and links

The full report on Ryetec Industrial Equipment Limited

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