Magenta Cars Ltd

Reference number: 1021995

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Appointed representative

This firm does not hold FCA authorisation of its own. It acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

Quorum Fleet Solutions Ltd Reference number: 736148 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Magenta Cars Ltd (FRN 1021995) is an AR of Quorum Fleet Solutions Ltd (FRN 736148). When you use Magenta Cars's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Magenta Cars, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • 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.

Identity

Check their details

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.

Company details

From the company's Companies House record.

Company number
15838631
Company status
Active
Company type
Private limited company
Incorporated
15 July 2024 (2 years old)
Registered office
41 Collier Gardens, Hazlerigg, Newcastle Upon Tyne, Tyne And Wear, NE13 7FS, United Kingdom
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Sale of other motor vehicles (SIC 45190)

Current directors and secretaries

Name Role Born Appointed
Grant Campbell Wilson Director Mar 1978 15 Jul 2024
Gemma Ruth Wilson Director Oct 1976 4 Jul 2025

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through Quorum Fleet 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: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Magenta Cars Ltd FCA authorised?
Magenta Cars Ltd (FRN 1021995) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Magenta Cars?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Magenta Cars Ltd (FRN 1021995) is an AR of Quorum Fleet Solutions Ltd (FRN 736148). When you use Magenta Cars's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Magenta Cars, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. 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.
Is my money safe with Magenta Cars?
Protection works through Quorum Fleet Solutions Ltd, the principal firm responsible for Magenta Cars's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Magenta Cars a scam or clone?
Magenta Cars is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Magenta Cars's Firm Reference Number (FRN)?
Magenta Cars's FRN is 1021995. You can verify it on the FCA register.