Algbra FS UK Limited

Reference number: 952360

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Authorised by the FCA

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

Website, phone number and address

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.

In the full report: 3 background checks

  • When algbra.com first appeared online, and whether it can receive email
  • What kind of line 0808 258 4888 is
  • Who else gives the postcode W1K 7PZ
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • ALGBRA Trading name: A name it trades under now.
  • ALGBRA GROUP LIMITED Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (7 permissions)
  • a) Services enabling cash placement on a payment account
  • b) Services enabling cash withdrawals from a payment account
  • c) Execution of payment transactions (not covered by a credit line)
  • d) Execution of payment transactions (covered by a credit line)
  • e) Issuing payment instruments or acquiring payment transactions
  • f) Money remittance
  • h) Issuing Electronic Money

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
28 May 2020 (6 years old)
Registered office
22 Upper Brook Street, London, W1K 7PZ, England
Nature of business
  • Business and domestic software development (SIC 62012)
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Zeiad Idris Director Feb 1988 28 May 2020 1 other company
Omer Duzyol Director Oct 1986 25 Mar 2026 None

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 June 2023Full accountsNot audited

Net assets

£4.57m

No earlier figure to compare

Cash at bank

£1.69m

No earlier figure to compare

Employees (average)

17

No earlier figure to compare

Owed within a year

£1.05m

No earlier figure to compare

* Cash at bank usually includes customers’ money.

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 12629086. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Algbra FS UK’s history from the FCA register and Companies House, newest first.

2025

1 July 2025

  • Changed its registered name from "ALGBRA GROUP LIMITED"

FCA register

2024

13 November 2024

  • Algbra Group Holdings Limited took control (75–100% of shares)
  • Zeiad Idris stopped being a part-owner

Companies House

2022

31 May 2022

  • Regulated by the FCA from this date
  • Became an authorised e-money institution

FCA register

2020

28 May 2020

  • Incorporated at Companies House
  • Zeiad Idris became a part-owner (25–50% of shares)

Companies House

In the full report: all 14 events

  • All 14 events in its history (7 shown here)
  • Every director appointment and resignation: 6
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Firms connected to Algbra FS UK

Other FCA-listed firms that share a director, phone number or address with Algbra FS UK. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Algbra FS UK

Other firms of the same type (payment or money transfer firm), nearest first.

In the West London (W) postcode area

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Algbra FS UK

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • All 14 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Algbra FS UK Limited FCA authorised?
Yes, Algbra FS UK Limited (FRN 952360) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2022 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Algbra FS UK’s phone number and website?
The FCA register lists the phone number 0808 258 4888 and the website algbra.com for Algbra FS UK. If you were given different contact details, use these to check with the firm before going any further.
Is Algbra FS UK a scam or clone?
Algbra FS UK is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Algbra FS UK?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Algbra FS UK to the Financial Ombudsman Service, free of charge.
Who owns Algbra FS UK?
Algbra FS UK is owned by Algbra Group Holdings Limited, which holds 75–100% of shares, since 13 November 2024. Before that, it was controlled by Mr Zeiad Idris.
Who runs Algbra FS UK?
Companies House lists 2 directors of Algbra FS UK: Zeiad Idris and Omer Duzyol.
How long has Algbra FS UK been in business?
The company was formed on 28 May 2020, and has held its current FCA authorisation since May 2022.
What do Algbra FS UK’s latest accounts show?
Its latest accounts, to 30 June 2023, show net assets of £4.57m (no earlier figure to compare) and cash at bank of £1.69m (no earlier figure to compare).
Does Algbra FS UK use any other names?
It trades as ALGBRA. It has previously used the name ALGBRA GROUP LIMITED.

Sources and links

The full report on Algbra FS UK Limited

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