PROPEL FINANCE NO 1 LIMITED

Reference number: 751977

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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.

Also trades as 4 other names
  • Apple Financial Services
  • Propel
  • Propel Finance
  • PropelPay

Company details

From the company's Companies House record.

Company number
10003271
Company status
Active
Company type
Private limited company
Incorporated
12 February 2016 (10 years old)
Registered office
Unit 5 Langstone Business Village, Langstone Park, Langstone, Newport, NP18 2LH, United Kingdom
Nature of business
  • Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified (SIC 77390)

Current directors and secretaries

Name Role Born Appointed
Richard James Mcdougall Director Jan 1980 12 Feb 2016
Edward Hugh Mcneill Director Apr 1978 12 Feb 2016
Mark Catton Director May 1966 5 Oct 2018
Anne Williams Director May 1961 5 Oct 2018

Activities and protection

What they can do, and how you are protected

  • Lend or arrange credit · Hire out goods to consumers No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (7 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into Regulated Consumer Hire Agreements as owner
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

Limits on what they may do

  • Not permitted to canvass off trade premises
    The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises

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.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Henry Howard Finance No 1 Limited

Names it no longer trades under

This firm has retired 4 trading names. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired names
  • Henry Howard Asset Finance
  • Henry Howard Commercial and Property Finance
  • Henry Howard Retail Finance
  • Henry Howard Vendor Finance

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Common questions

Frequently asked questions

Is PROPEL FINANCE NO 1 LIMITED FCA authorised?
Yes, PROPEL FINANCE NO 1 LIMITED (FRN 751977) is authorised by the FCA to carry out regulated activities.
Is my money safe with PROPEL FINANCE NO 1?
Protection depends on which product you hold and how PROPEL FINANCE NO 1 handles your money, so check the specific product before you commit. You can also refer complaints about PROPEL FINANCE NO 1 to the Financial Ombudsman Service, free of charge.
Is PROPEL FINANCE NO 1 a scam or clone?
PROPEL FINANCE NO 1 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 PROPEL FINANCE NO 1's Firm Reference Number (FRN)?
PROPEL FINANCE NO 1's FRN is 751977. You can verify it on the FCA register.