We Buy Your Motor Car Limited

Reference number: 1052293

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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

Itc Compliance Limited Reference number: 313486 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.
  • We Buy Your Motor Car Limited (FRN 1052293) introduces customers to Itc Compliance Limited (FRN 313486). Any regulated advice or arranging is done by the principal, not We Buy Your Motor Car.
  • Example: if We Buy Your Motor Car refers you to a financial adviser, the advice should come from the principal firm, not from We Buy Your Motor Car 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 webuyyourmotorcar.com first appeared online, and whether it can receive email
  • What kind of line 0800 011 6122 is
  • Who else gives the postcode CM2 6TX
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Itc Compliance Limited, 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.

Concerns on the company record

  • Confirmation statement is overdue at Companies House.
Company number
13582879
Company status
Active
Company type
Private limited company
Incorporated
24 August 2021 (5 years old)
Registered office
4 Capricorn 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
Lorren Neil O'Leary Director Aug 1986 24 Aug 2021 1 other company
Richard John Smee Director Sep 1985 24 Aug 2021 1 other company

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 company
1
still active
1
run together
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 2 directors run together
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£108k

+750% from £12.7k

Cash at bank

£1,685

−86% from £12.3k

Employees (average)

4

Same as 4

Owed within a year

£192k

−4.1% from £200k

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2022 to 2025
  • 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 13582879. 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

We Buy Your Motor Car’s history from the FCA register and Companies House, newest first.

2026

10 March 2026

  • Became an introducer appointed representative

FCA register

2021

24 August 2021

  • Incorporated at Companies House
  • Lorren Neil O'Leary became a part-owner (25–50% of shares)
  • Richard John Smee became a part-owner (25–50% of shares)
  • Lorren Neil O'leary appointed as a director
  • Richard John Smee appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like We Buy Your Motor Car

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

In Chelmsford

Elms Collection LimitedChelmsfordAppointed representativeStateside Trucks LimitedChelmsfordAppointed representativeVictoria Elliott LtdChelmsfordAppointed representativeAutoid Ltd.ChelmsfordAuthorisedBespoke Automotive LimitedChelmsfordAuthorisedCastle Cars (Essex) LtdChelmsfordAuthorised

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 We Buy Your Motor Car

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
  • 4 years of accounts, charted
  • All 6 events in its history

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Frequently asked questions about this firm

Is We Buy Your Motor Car Limited FCA authorised?
We Buy Your Motor Car Limited (FRN 1052293) 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 We Buy Your Motor Car?
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. We Buy Your Motor Car Limited (FRN 1052293) introduces customers to Itc Compliance Limited (FRN 313486). Any regulated advice or arranging is done by the principal, not We Buy Your Motor Car. Example: if We Buy Your Motor Car refers you to a financial adviser, the advice should come from the principal firm, not from We Buy Your Motor Car 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 We Buy Your Motor Car’s phone number and website?
The FCA register lists the phone number 0800 011 6122 and the website webuyyourmotorcar.com for We Buy Your Motor Car. If you were given different contact details, use these to check with the firm before going any further.
Is We Buy Your Motor Car a scam or clone?
We Buy Your Motor Car 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 We Buy Your Motor Car?
Protection works through Itc Compliance Limited, the principal firm responsible for We Buy Your Motor Car's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns We Buy Your Motor Car?
Companies House lists 2 people with significant control of We Buy Your Motor Car: Mr Lorren Neil O'Leary (25–50% of shares) and Mr Richard John Smee (25–50% of shares).
Who runs We Buy Your Motor Car?
Companies House lists 2 directors of We Buy Your Motor Car: Lorren Neil O'Leary and Richard John Smee.
How long has We Buy Your Motor Car been in business?
The company was formed on 24 August 2021.
What do We Buy Your Motor Car’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £108k (+750% from £12.7k) and cash at bank of £1,685 (−86% from £12.3k).

Sources and links

The full report on We Buy Your Motor Car Limited

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