The Prime Drive Watford Ltd

Reference number: 1040992

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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
  • Prime Drive

Company details

From the company's Companies House record.

Company number
16506799
Company status
Active
Company type
Private limited company
Incorporated
9 June 2025 (1 year old)
Registered office
Unit 1 Cp House,, Otterspool Way, Watford, WD25 8HU, United Kingdom
Nature of business
  • Sale of used cars and light motor vehicles (SIC 45112)

Current directors and secretaries

Name Role Born Appointed
Devang Patel Director Aug 1988 9 Jun 2025
Suchitaben Patel Director Jun 1988 25 Jun 2025

Activities and protection

What they can do, and how you are protected

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (3 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling

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 The Prime Drive Watford Ltd FCA authorised?
Yes, The Prime Drive Watford Ltd (FRN 1040992) is authorised by the FCA to carry out regulated activities.
Is my money safe with The Prime Drive Watford?
Protection depends on which product you hold and how The Prime Drive Watford handles your money, so check the specific product before you commit. You can also refer complaints about The Prime Drive Watford to the Financial Ombudsman Service, free of charge.
Is The Prime Drive Watford a scam or clone?
The Prime Drive Watford 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 The Prime Drive Watford's Firm Reference Number (FRN)?
The Prime Drive Watford's FRN is 1040992. You can verify it on the FCA register.