True Vehicle Sales Limited

Reference number: 741076

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 12 August 2026.

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.

  • Last known website

    truevehiclesales.co.uk

  • Last known phone number

    01284 701900

  • Last known address

    True Vehicle Sales Ltd, Unit B1, Chase Road, Bury St. Edmunds, Suffolk, IP32 6NT, United Kingdom

In the full report: 3 background checks

  • When truevehiclesales.co.uk first appeared online, and whether it can receive email
  • What kind of line 01284 701900 is
  • Who else gives the postcode IP32 6NT
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Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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.
  • Accounts are overdue at Companies House.
  • This company has insolvency history on record.
Company status
Liquidation
Company type
Private limited company
Incorporated
11 January 2016 (10 years old)
Registered office
18a Capricorne Centre Cranes Farm Road, Basildon, Essex, SS14 3JJ
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Thomas True Director Aug 1980 11 Jan 2016 1 other company

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 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 its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2024Small company accountsNot audited

Net assets

−£1.02m

Down £370k from −£649k

Cash at bank

£1,000

Same as £1,000

Employees (average)

2

Same as 2

Owed within a year

£1.93m

−37% from £3.08m

Its next accounts are overdue at Companies House.

Net assets are negative: on its last balance sheet the company owed £1.02m more than it owned.

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2020 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 09943390. 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

True Vehicle Sales’s history from the FCA register and Companies House, newest first.

2026

12 August 2026

  • No longer regulated by the FCA
  • Stopped being authorised by the FCA

FCA register

2020

31 December 2020

  • Karen Kathleen Warsap stopped being a part-owner

Companies House

2016

6 April 2016

  • Karen Kathleen Warsap became a part-owner (25–50% of shares)
  • Thomas True took control (75–100% of shares)

Companies House

1 April 2016

  • Regulated by the FCA from this date

FCA register

11 January 2016

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (7 shown here)
  • Every director appointment and resignation: 5
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Firms like True Vehicle Sales

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

In Bury St. Edmunds

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 True Vehicle Sales

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
  • 5 years of accounts, charted
  • All 12 events in its history

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Frequently asked questions about this firm

Is True Vehicle Sales Limited FCA authorised?
No. True Vehicle Sales Limited (FRN 741076) is still listed on the FCA register, but the record is closed: no longer authorised.
Is True Vehicle Sales a scam or clone?
True Vehicle Sales is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with True Vehicle Sales?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with True Vehicle Sales has no cover, because it is no longer permitted to carry it out.
Who owns True Vehicle Sales?
Companies House lists one person with significant control of True Vehicle Sales: Mr Thomas True (75–100% of shares). Before that, it was controlled by Ms Karen Kathleen Warsap.
Who runs True Vehicle Sales?
Companies House lists one director of True Vehicle Sales: Thomas True.
How long has True Vehicle Sales been in business?
The company was formed on 11 January 2016. Companies House now lists it as liquidation.
What do True Vehicle Sales’ latest accounts show?
Its latest accounts, to 31 March 2024, show net assets of −£1.02m (down £370k from −£649k) and cash at bank of £1,000 (same as £1,000). Its accounts are overdue at Companies House.

Sources and links

The full report on True Vehicle Sales Limited

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