VSG Car Sales Ltd

Reference number: 1051947

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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 vsggrp.com first appeared online, and whether it can receive email
  • What kind of line 07508 242020 is
  • Who else gives the postcode EN9 2DY
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Other names (2)

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

  • VSG Trading name
  • VSG Group 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 (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

  • Confirmation statement is overdue at Companies House.
Company number
14634267
Company status
Active
Company type
Private limited company
Incorporated
2 February 2023 (3 years old)
Registered office
Unit 16 Mushroom Park Laundry Lane, Nazeing, Essex, EN9 2DY, England
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Directors and company secretaries

Name Role Born Appointed Other companies
Okan Ali Director Dec 1977 15 Nov 2023 2 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
2
closed down
1
still active
1

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 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 28 February 2025Small company accountsNot audited

Net assets

£28.8k

Up £31.5k from −£2,647

Cash at bank

£50.3k

Up £50.1k from £203

Employees (average)

1

Up 1 from 0

Owed within a year

£23.0k

+706% from £2,850

Net assets

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 14634267. Figures are exactly as filed; nothing is estimated.

Key dates in its history

VSG Car Sales’s history from the FCA register and Companies House, newest first.

Key events (8) All events (14)

2026

1 June 2026

  • Changed its registered name from "VSG Group Ltd"

FCA register

29 May 2026

  • Regulated by the FCA from this date
  • Changed its registered name from "VSG CAR SALES LTD"
  • Became authorised by the FCA

FCA register

2023

15 November 2023

  • Okan Ali took control (75–100% of shares)
  • Reiss Nevill Choksi gave up control

Companies House

2 February 2023

  • Incorporated at Companies House
  • Reiss Nevill Choksi took control (75–100% of shares)

Companies House

In the full report: all 14 events

  • All 14 events in its history (8 shown here)
  • Every director appointment and resignation: 3
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Firms like VSG Car Sales

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

In Waltham Abbey

AMS Cars LtdWaltham AbbeyAuthorisedCars of Essex LimitedWaltham AbbeyAuthorisedDyson Cars LtdWaltham AbbeyAuthorisedFirstdirect Motor Company LtdWaltham AbbeyAuthorisedHJT Motors LimitedWaltham AbbeyAuthorisedMeddusa Cars LtdWaltham AbbeyAuthorised

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 VSG Car Sales

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
  • All 14 events in its history

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Frequently asked questions about this firm

Is VSG Car Sales Ltd FCA authorised?
Yes, VSG Car Sales Ltd (FRN 1051947) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2026 and works as a car dealer. The FCA has placed no limits on its permissions.
What is VSG Car Sales’ phone number and website?
The FCA register lists the phone number 07508 242020 and the website vsggrp.com for VSG Car Sales. If you were given different contact details, use these to check with the firm before going any further.
Is VSG Car Sales a scam or clone?
VSG Car Sales 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 VSG Car Sales?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how VSG Car Sales handles your money, so check the specific product before you commit. You can also refer complaints about VSG Car Sales to the Financial Ombudsman Service, free of charge.
Who owns VSG Car Sales?
Companies House lists one person with significant control of VSG Car Sales: Mr Okan Ali (75–100% of shares). Before that, it was controlled by Mr Reiss Nevill Choksi.
Who runs VSG Car Sales?
Companies House lists one director of VSG Car Sales: Okan Ali.
How long has VSG Car Sales been in business?
The company was formed on 2 February 2023, and has held its current FCA authorisation since May 2026.
What do VSG Car Sales’ latest accounts show?
Its latest accounts, to 28 February 2025, show net assets of £28.8k (up £31.5k from −£2,647) and cash at bank of £50.3k (up £50.1k from £203).
Does VSG Car Sales use any other names?
It trades as VSG. It has previously used the name VSG Group Ltd.

Sources and links

The full report on VSG Car Sales Ltd

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