Wil-Lec GRP Limited

Reference number: 1003716

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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.

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.
  • Wil-Lec GRP Limited (FRN 1003716) introduces customers to IDEAL SALES SOLUTIONS LTD (FRN 703401). Any regulated advice or arranging is done by the principal, not Wil-Lec GRP.
  • Example: if Wil-Lec GRP refers you to a financial adviser, the advice should come from the principal firm, not from Wil-Lec GRP 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 wil-lec.co.uk first appeared online, and whether it can receive email
  • What kind of line 01472 241881 is
  • Who else gives the postcode DN32 7DG
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Ideal Sales Solutions Ltd, 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 status
Active
Company type
Private limited company
Incorporated
8 May 2006 (20 years old)
Registered office
18-24 Kent Street, Grimsby, N E Lincs, DN32 7DG
Nature of business
  • Electrical installation (SIC 43210)

Directors and company secretaries

Name Role Born Appointed Other companies
Stephen Wilson Director Apr 1971 2 Oct 2013 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 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 May 2025Abridged accountsNot audited

Net assets

£125k

−1.1% from £127k

Cash at bank

£264k

−47% from £496k

Employees (average)

18

+64% from 11

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 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 05808955. 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

Wil-Lec GRP’s history from the FCA register and Companies House, newest first.

2026

9 April 2026

  • Steve Wilson gave up control

Companies House

2025

15 August 2025

  • Cytofusion Ltd took control (75–100% of shares)

Companies House

2023

14 October 2023

  • Became an introducer appointed representative

FCA register

2016

1 July 2016

  • Steve Wilson took control (75–100% of shares)

Companies House

2013

12 August 2013

  • Board replaced: its only director left and 2 new directors took over

Companies House

2006

8 May 2006

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (6 shown here)
  • Every director appointment and resignation: 5
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Firms like Wil-Lec GRP

Other firms of the same type (home improvement or trades), nearest first.

In Grimsby

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 Wil-Lec GRP

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
  • 7 years of accounts, charted
  • All 11 events in its history

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Frequently asked questions about this firm

Is Wil-Lec GRP Limited FCA authorised?
Wil-Lec GRP Limited (FRN 1003716) 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 Wil-Lec GRP?
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. Wil-Lec GRP Limited (FRN 1003716) introduces customers to IDEAL SALES SOLUTIONS LTD (FRN 703401). Any regulated advice or arranging is done by the principal, not Wil-Lec GRP. Example: if Wil-Lec GRP refers you to a financial adviser, the advice should come from the principal firm, not from Wil-Lec GRP 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 Wil-Lec GRP’s phone number and website?
The FCA register lists the phone number 01472 241881 and the website wil-lec.co.uk for Wil-Lec GRP. If you were given different contact details, use these to check with the firm before going any further.
Is Wil-Lec GRP a scam or clone?
Wil-Lec GRP 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 Wil-Lec GRP?
Protection works through Ideal Sales Solutions Ltd, the principal firm responsible for Wil-Lec GRP's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Wil-Lec GRP?
Wil-Lec GRP is owned by Cytofusion Ltd, which holds 75–100% of shares and 75–100% of votes, since 15 August 2025. Before that, it was controlled by Mr Steve Wilson.
Who runs Wil-Lec GRP?
Companies House lists one director of Wil-Lec GRP: Stephen Wilson.
How long has Wil-Lec GRP been in business?
The company was formed on 8 May 2006.
What do Wil-Lec GRP’s latest accounts show?
Its latest accounts, to 31 May 2025, show net assets of £125k (−1.1% from £127k) and cash at bank of £264k (−47% from £496k).

Sources and links

The full report on Wil-Lec GRP Limited

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