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.
- No FCA actions
- Accounts filed up to 31 December 2018
- Company: in liquidation
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
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).
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.
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No website on the FCA register
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No phone number on the FCA register
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Address
The Official Receiver Or Birmingham, Po Box 16664 18, 18 Priory Queensway, Birmingham, B4 6FD, United Kingdom
In the full report: 1 background check
- Who else gives the postcode B4 6FD
Past FCA permissions and consumer protection
- In an insolvency processMoney 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 (8 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
- g) Execution of payment transactions via telecoms, IT system or network operator
- 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.
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 name
- ALLIED WALLET LTD
- Company number
- 05832811 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 31 May 2006 (20 years old)
- Registered office
- C/O Bdo Llp, 5 Temple Square, Temple Street, Liverpool, L2 5RH
- Nature of business
-
- Data processing, hosting and related activities (SIC 63110)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Ahmad Khawaja | Director | Oct 1971 | 31 May 2006 | None |
| Jason Mark Luker | Secretary | Not published | 10 Sep 2015 | – |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
- Both people who have been directors, with their dates
Filed accounts and finances
Net assets
£827k
−42% from £1.43m
Cash at bank
£5.70m
+33% from £4.30m
Employees (average)
11
+57% from 7
Owed within a year
£9.26m
−28% from £12.9m
Its next accounts are overdue at Companies House.
Net assets
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 05832811. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Allied Wallet’s history from the FCA register and Companies House, newest first.
2018
13 March 2018
- Allied Wallet Inc stopped being the majority owner
Companies House
2 February 2018
- Regulated by the FCA from this date
- Became an authorised e-money institution
FCA register
2016
6 April 2016
- Ahmad Khawaja gained 25–50% of the votes
- Allied Wallet Inc became the majority owner (50–75% of shares)
Companies House
2014
3 February 2014
- Regulated by the FCA from this date
FCA register
2006
31 May 2006
- Incorporated at Companies House
Companies House
In the full report: all 11 events
- All 11 events in its history (7 shown here)
- Every director appointment and resignation: 3
Firms connected to Allied Wallet
Other FCA-listed firms that share a director, phone number or address with Allied Wallet. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Firms like Allied Wallet
Other firms of the same type (payment or money transfer firm), nearest first.
In Birmingham
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 Allied Wallet
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- Every company its directors have run, named
- 1 background check on its contact details
- All 11 events in its history
- 2 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk