Tecalemit Garage Equipment Company Ltd

Reference number: 745898

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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

    c/o Lucinda Clare Coleman and Stephen James Hobson, of Francis Clark LLP, Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode EX2 7XE
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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 (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.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company name
TGE REALISATIONS 2024 LIMITED
Company status
Liquidation
Company type
Private limited company
Incorporated
1 March 1973 (53 years old)
Registered office
Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE
Nature of business
  • Repair of other equipment (SIC 33190)
  • Installation of industrial machinery and equipment (SIC 33200)
  • Wholesale of other machinery and equipment (SIC 46690)

Directors and company secretaries

Name Role Born Appointed Other companies
Ivan Vasumini Director Jul 1965 6 Feb 2023 None
Ralph Anthony Evans Director Mar 1954 1 Sep 2023 None

In the full report: every company its directors have run

  • Confirmation that these 2 directors run no other company
  • All 31 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2022Full accountsAudited

Turnover

£10.4m

−3.7% from £10.8m

Profit before tax

−£132k

Up £1.74m from −£1.88m

Net assets

£518k

−36% from £811k

Cash at bank

£281k

+476% from £48.8k

Its next accounts are overdue at Companies House.

Turnover and profit

In the full report: all 4 years of accounts

  • Every year from 2019 to 2022
  • Both charts, 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.

Accounts filed at Companies House for company 01099738. 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

Tecalemit Garage Equipment Company’s history from the FCA register and Companies House, newest first.

2023

25 August 2023

  • Boris Levin gave up control
  • Ivan Vasumini took control (75–100% of shares)

Companies House

2020

31 December 2020

  • Enrico Zanini no longer has significant control

Companies House

2018

16 October 2018

  • Boris Levin took control (75–100% of shares)

Companies House

2016

26 September 2016

  • Enrico Zanini gained significant control

Companies House

9 September 2016

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

FCA register

1973

1 March 1973

  • Incorporated at Companies House

Companies House

In the full report: all 62 events

  • All 62 events in its history (8 shown here)
  • Every director appointment and resignation: 52
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Firms connected to Tecalemit Garage Equipment Company

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

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Tecalemit Garage Equipment Company

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

In Exeter

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 Tecalemit Garage Equipment Company

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

  • Every company its directors have run, named
  • 1 background check on its contact details
  • 4 years of accounts, charted
  • All 62 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Tecalemit Garage Equipment Company Ltd FCA authorised?
Yes, Tecalemit Garage Equipment Company Ltd (FRN 745898) 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 2016 and works as a car dealer. The FCA has placed no limits on its permissions.
Is Tecalemit Garage Equipment Company a scam or clone?
Tecalemit Garage Equipment Company 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 Tecalemit Garage Equipment Company?
Tecalemit Garage Equipment Company 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 Tecalemit Garage Equipment Company?
Companies House lists one person with significant control of Tecalemit Garage Equipment Company: Mr Ivan Vasumini (75–100% of shares). Before that, it was controlled by Mr Enrico Zanini and Mr Boris Levin.
Who runs Tecalemit Garage Equipment Company?
Companies House lists 2 directors of Tecalemit Garage Equipment Company: Ivan Vasumini and Ralph Anthony Evans.
How long has Tecalemit Garage Equipment Company been in business?
The company was formed on 1 March 1973. Companies House now lists it as liquidation.
What do Tecalemit Garage Equipment Company’s latest accounts show?
Its latest accounts, to 31 December 2022, show turnover of £10.4m (−3.7% from £10.8m) and profit before tax of −£132k (up £1.74m from −£1.88m). Its accounts are overdue at Companies House.

Sources and links

The full report on Tecalemit Garage Equipment Company Ltd

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