The Drivers Union Ltd

Reference number: 947840

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

Responsible principal firm

Lockton Companies LLP Reference number: 523069 Authorised View firm →
What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • The Drivers Union Ltd (FRN 947840) introduces customers to Lockton Companies LLP (FRN 523069). Any regulated advice or arranging is done by the principal, not The Drivers Union.
  • Example: if The Drivers Union refers you to a financial adviser, the advice should come from the principal firm, not from The Drivers Union itself.
  • 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.

In the full report: 3 background checks

  • When thedriversunion.com first appeared online, and whether it can receive email
  • What kind of line 07973 111310 is
  • Who else gives the postcode CR0 8EA
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Lockton Companies LLP, 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 name
THE DRIVERS UNION LIMITED
Company number
12868759
Company status
Active
Company type
Private limited company
Incorporated
9 September 2020 (6 years old)
Registered office
792 Wickham Road, Croydon, CR0 8EA, England
Nature of business
  • Activities of other membership organisations not elsewhere classified (SIC 94990)

Directors and company secretaries

Name Role Born Appointed Other companies
Syeed Ali Director Apr 1966 9 Sep 2020 6 other companies

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
6
closed down
2
still active
4

In the full report: all 6 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 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 September 2024Micro-entity accountsNot audited

Total equity

−£37.7k

Up £15.7k from −£53.4k

Employees (average)

1

Up 1 from 0

Owed within a year

£56.6k

+1.6% from £55.7k

Total equity is negative: on its last balance sheet the company owed £37.7k more than it owned.

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
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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 12868759. 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

The Drivers Union’s history from the FCA register and Companies House, newest first.

Key events (3) All events (7)

2021

24 March 2021

  • Became an introducer appointed representative

FCA register

2020

9 September 2020

  • Incorporated at Companies House
  • Syeed Ali took control (75–100% of shares)

Companies House

In the full report: all 7 events

  • All 7 events in its history (3 shown here)
  • Every director appointment and resignation: 3
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Firms like The Drivers Union

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

In Croydon

Diamond Publishing LtdCroydonAppointed representativeForte Consultants LtdCroydonAppointed representativeH2h Real Estate LimitedCroydonAppointed representativeStreets Ahead Real Estate Group LimitedCroydonAppointed representativeTribe Advisory LtdCroydonAppointed representativeVitta Solutions LimitedCroydonAppointed 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 The Drivers Union

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

  • 6 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 7 events in its history

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Frequently asked questions about this firm

Is The Drivers Union Ltd FCA authorised?
The Drivers Union Ltd (FRN 947840) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for The Drivers Union?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. The Drivers Union Ltd (FRN 947840) introduces customers to Lockton Companies LLP (FRN 523069). Any regulated advice or arranging is done by the principal, not The Drivers Union. Example: if The Drivers Union refers you to a financial adviser, the advice should come from the principal firm, not from The Drivers Union itself. 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 The Drivers Union’s phone number and website?
The FCA register lists the phone number 07973 111310 and the website thedriversunion.com for The Drivers Union. If you were given different contact details, use these to check with the firm before going any further.
Is The Drivers Union a scam or clone?
The Drivers Union 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 The Drivers Union?
Protection works through Lockton Companies LLP, the principal firm responsible for The Drivers Union's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns The Drivers Union?
Companies House lists one person with significant control of The Drivers Union: Mr Syeed Ali (75–100% of shares).
Who runs The Drivers Union?
Companies House lists one director of The Drivers Union: Syeed Ali.
How long has The Drivers Union been in business?
The company was formed on 9 September 2020.
What do The Drivers Union’s latest accounts show?
Its latest accounts, to 30 September 2024, show total equity of −£37.7k (up £15.7k from −£53.4k).

Sources and links

The full report on The Drivers Union Ltd

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