VIC YOUNG (SOUTH SHIELDS) LIMITED

Reference number: 309605

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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.

Company details

From the company's Companies House record.

Company number
02270866
Company status
Active
Company type
Private limited company
Incorporated
24 June 1988 (38 years old)
Registered office
Newcastle Road, South Shields, Tyne & Wear, NE34 9QE
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)

Current directors and secretaries

Name Role Born Appointed
Alicia Rose Young Director Feb 1945 Not published
Victor Wyatt Young Director Nov 1945 Not published
Alicia Rose Young Secretary Not published Not published

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • 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.
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  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • 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
  • Making arrangements with a view to transactions in investments

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 VIC YOUNG (SOUTH SHIELDS) LIMITED FCA authorised?
Yes, VIC YOUNG (SOUTH SHIELDS) LIMITED (FRN 309605) is authorised by the FCA to carry out regulated activities.
Is my money safe with VIC YOUNG (SOUTH SHIELDS)?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about VIC YOUNG (SOUTH SHIELDS) to the Financial Ombudsman Service, free of charge.
Is VIC YOUNG (SOUTH SHIELDS) a scam or clone?
VIC YOUNG (SOUTH SHIELDS) 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 VIC YOUNG (SOUTH SHIELDS)'s Firm Reference Number (FRN)?
VIC YOUNG (SOUTH SHIELDS)'s FRN is 309605. You can verify it on the FCA register.