Raedex Consortium Limited

Reference number: 668924

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Verified address

    RSM Restructuring Advisory, 25, Farringdon Street, London, EC4A 4AB, United Kingdom

Also trades as
  • Paygo Cars
  • Rent2OwnCars
  • Wheels4Sure

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
07951186
Company status
Liquidation
Company type
Private limited company
Incorporated
15 February 2012 (14 years old)
Registered office
25 Farringdon Street, London, EC4A 4AB
Nature of business
  • Activities of other holding companies not elsewhere classified (SIC 64209)
  • Activities of head offices (SIC 70100)

Current directors and secretaries

Name Role Born Appointed
Reginald Larry-Cole Director May 1970 28 Oct 2013
Scott Andrew Martin Director May 1978 28 Oct 2013

Activities and protection

What the record covers, and how you are protected

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (5 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

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 Raedex Consortium Limited FCA authorised?
Yes, Raedex Consortium Limited (FRN 668924) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm.
Is my money safe with Raedex Consortium?
Raedex Consortium is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Is Raedex Consortium a scam or clone?
Raedex Consortium 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 Raedex Consortium's Firm Reference Number (FRN)?
Raedex Consortium's FRN is 668924. You can verify it on the FCA register.