Shahz Cars Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 4 years
Complaints covered by the Ombudsman
No FCA actions
Active company since 2020
Accounts filed up to 30 September 2024
Accounts are overdue at Companies House

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

shahzcars.co.uk (opens in a new tab)
Phone number

07459 444412
Address

Shahz Cars, Watling Street, Hockliffe, Leighton Buzzard, Bedfordshire, LU7 9LJ, United Kingdom

In the full report: 3 background checks

When shahzcars.co.uk first appeared online, and whether it can receive email
What kind of line 07459 444412 is
Who else gives the postcode LU7 9LJ

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 (3 permissions)

Credit Broking
Debt Adjusting
Debt-counselling

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

Accounts are overdue at Companies House.

Company number: 12878228 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 14 September 2020 (6 years old)
Registered office: Shahz Cars Shahz Cars, Watling Street, Hockliffe, Leighton Buzzard, LU7 9LJ, United Kingdom
Nature of business: Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Khurrum Kamal Syed	Director	Apr 1980	14 Sep 2020	1 other company
Nusrat Toufiq	Director	Jun 1958	28 Jan 2025	None

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
closed down: 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

Filed accounts and finances

Year to 30 September 2024Abridged accountsNot audited

Net assets

£409k

−12% from £463k

Cash at bank

£59.3k

+96% from £30.2k

Employees (average)

5

+67% from 3

Owed within a year

£192k

Up £186k from £6,255

Its next accounts are overdue at Companies House.

No turnover or profit for the year to 30 September 2024: the accounts print them but do not tag them. The last tagged figures are £803k turnover and £55.4k profit, for the year to 30 September 2023.

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2021 to 2024
The chart, over every year
Every filed figure, year by year

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 12878228. 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

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

Key events (4) All events (9)

2022

23 September 2022

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

FCA register

2020

14 September 2020

Incorporated at Companies House
Khurrum Kamal Syed took control (75–100% of shares)

Companies House

In the full report: all 9 events

All 9 events in its history (4 shown here)
Every director appointment and resignation: 2

Firms like Shahz Cars

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

In Leighton Buzzard

786 Motor Traders LimitedLeighton BuzzardAuthorised Bedfordshire Car Sales LtdLeighton BuzzardAuthorised D & J Autos LimitedLeighton BuzzardAuthorised EmotoUK LtdLeighton BuzzardAuthorised GBI Cars LimitedLeighton BuzzardAuthorised Greenshow Motors LimitedLeighton BuzzardAuthorised

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 Shahz Cars

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
4 years of accounts, charted
All 9 events in its history

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Frequently asked questions about this firm

Is Shahz Cars Ltd FCA authorised?

Yes, Shahz Cars Ltd (FRN 982886) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2022 and works as a car dealer. The FCA has placed no limits on its permissions.

What is Shahz Cars’ phone number and website?

The FCA register lists the phone number 07459 444412 and the website shahzcars.co.uk for Shahz Cars. If you were given different contact details, use these to check with the firm before going any further.

Is Shahz Cars a scam or clone?

Shahz Cars 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 Shahz Cars?

Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Shahz Cars handles your money, so check the specific product before you commit. You can also refer complaints about Shahz Cars to the Financial Ombudsman Service, free of charge.

Who owns Shahz Cars?

Companies House lists one person with significant control of Shahz Cars: Mr Khurrum Kamal Syed (75–100% of shares).

Who runs Shahz Cars?

Companies House lists 2 directors of Shahz Cars: Khurrum Kamal Syed and Nusrat Toufiq.

How long has Shahz Cars been in business?

The company was formed on 14 September 2020, and has held its current FCA authorisation since September 2022.

What do Shahz Cars’ latest accounts show?

Its latest accounts, to 30 September 2024, show net assets of £409k (−12% from £463k) and cash at bank of £59.3k (+96% from £30.2k). Its accounts are overdue at Companies House.