Wattbike Limited

Reference number: 738363

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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 wattbike.com first appeared online, and whether it can receive email
  • What kind of line 0115 945 5450 is
  • Who else gives the postcode NG11 7EP
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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 (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

  • Confirmation statement is overdue at Companies House.
Company number
05554245
Company status
Active
Company type
Private limited company
Incorporated
5 September 2005 (21 years old)
Registered office
Unit 13 Nottingham South & Wilford Industrial Estate, Ruddington Lane, West Bridgford, Nottingham, Nottinghamshire, NG11 7EP, England
Nature of business
  • Manufacture of sports goods (SIC 32300)

Directors and company secretaries

Name Role Born Appointed Other companies
Stephen Desmond Loftus Director Apr 1973 4 May 2023 4 other companies
Trent Alexander Ward Director Jan 1981 1 Jul 2025 2 other companies

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 companies
4
still active
3
went insolvent
1

In the full report: all 4 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The one on the FCA register
  • The 2 companies these 2 directors run together
  • All 15 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 September 2024Full accountsAudited

Profit before tax

−£5.02m

Up £1.40m from −£6.42m

Net assets

−£15.8m

Down £5.26m from −£10.5m

Cash at bank

£755k

+110% from £360k

Owed within a year

£20.8m

+37% from £15.1m

Net assets are negative: on its last balance sheet the company owed £15.8m more than it owned.

The accounts for the year to 30 September 2024 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £32.1m, for the year to 30 September 2021.

Profit before tax

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • 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 05554245. 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

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

Key events (4) All events (33)

2016

6 April 2016

  • Wattbike (Holdings) Limited took control (75–100% of shares)

Companies House

29 February 2016

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

FCA register

2005

5 September 2005

  • Incorporated at Companies House

Companies House

In the full report: all 33 events

  • All 33 events in its history (4 shown here)
  • Every director appointment and resignation: 26
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Firms connected to Wattbike

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

connected firms
3
share its postcode
3
past link
1

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
  • 1 past link through former directors
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Firms like Wattbike

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

In Nottingham

Affinity Asset Finance LimitedNottinghamAuthorisedAndrew HollingsworthNottinghamAuthorisedAndrew MumfordNottinghamAuthorisedClayton & BrewillNottinghamAuthorisedDavid TankNottinghamAuthorisedDoctor Mehul PatelNottinghamAuthorised

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 Wattbike

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

  • 4 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 33 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Wattbike Limited FCA authorised?
Yes, Wattbike Limited (FRN 738363) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2016 and works as a credit broker. The FCA has placed no limits on its permissions.
What is Wattbike’s phone number and website?
The FCA register lists the phone number 0115 945 5450 and the website wattbike.com for Wattbike. If you were given different contact details, use these to check with the firm before going any further.
Is Wattbike a scam or clone?
Wattbike 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 Wattbike?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Wattbike handles your money, so check the specific product before you commit. You can also refer complaints about Wattbike to the Financial Ombudsman Service, free of charge.
Who owns Wattbike?
Wattbike is owned by Wattbike (Holdings) Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs Wattbike?
Companies House lists 2 directors of Wattbike: Stephen Desmond Loftus and Trent Alexander Ward.
How long has Wattbike been in business?
The company was formed on 5 September 2005, and has held its current FCA authorisation since February 2016.
What do Wattbike’s latest accounts show?
Its latest accounts, to 30 September 2024, show profit before tax of −£5.02m (up £1.40m from −£6.42m) and net assets of −£15.8m (down £5.26m from −£10.5m).

Sources and links

The full report on Wattbike Limited

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