MGX Motors Ltd

Reference number: 1008144

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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

MGX MOTOR FINANCE LTD Reference number: 933241 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.
  • MGX Motors Ltd (FRN 1008144) is an AR of MGX MOTOR FINANCE LTD (FRN 933241). When you use MGX Motors's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from MGX Motors, 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.

Concerns on the company record

  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
Company number
15169627
Company status
Active
Company type
Private limited company
Incorporated
27 September 2023 (2 years old)
Registered office
29 Royal Scot Road, Pride Park, Derby, DE24 8AJ, England
Nature of business
  • Sale of other motor vehicles (SIC 45190)

Current directors and secretaries

Name Role Born Appointed
Adrian Paul Jackson Director Jul 1976 27 Sep 2023

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 MGX MOTOR FINANCE 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 MGX Motors Ltd FCA authorised?
MGX Motors Ltd (FRN 1008144) 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 MGX Motors?
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. MGX Motors Ltd (FRN 1008144) is an AR of MGX MOTOR FINANCE LTD (FRN 933241). When you use MGX Motors's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from MGX Motors, 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 MGX Motors?
Protection works through MGX MOTOR FINANCE LTD, the principal firm responsible for MGX Motors's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is MGX Motors a scam or clone?
MGX Motors 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 MGX Motors's Firm Reference Number (FRN)?
MGX Motors's FRN is 1008144. You can verify it on the FCA register.