Bakhter Money Transfer Limited

Reference number: 674882

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Registered with the FCA

This firm is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.

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, 1 thing worth a closer look

  • When bakhtermoneytransfer.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8432 6698 is
  • Who else gives the postcode NW9 8UA
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Other names (2)

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

  • Bakhter Money Transfer Limited 1 Trading name
  • Etimad Money Transfer Services Ltd Former name

FCA permissions and consumer protection

  • Handle payments & transfers No FSCS cover
    Safeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.
  • 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 (1 permission)
  • 6. Money remittance.

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 number
09398248
Company status
Active
Company type
Private limited company
Incorporated
20 January 2015 (11 years old)
Registered office
Office S5, Kingsbury House, 468 Church Lane, London, NW9 8UA, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Abdul Safa Afzalzada Director Sep 1987 29 Jan 2018 None

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
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Filed accounts and finances

Year to 31 January 2026Micro-entity accountsNot audited

Net assets

£134k

+22% from £109k

Employees (average)

4

−20% from 5

Owed within a year

£11.7k

+97% from £5,952

No turnover or profit for the year to 31 January 2026: the accounts print them but do not tag them. The last tagged figures are £127k turnover and £33.3k profit, for the year to 31 January 2024.

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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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 09398248. 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

Bakhter Money Transfer’s history from the FCA register and Companies House, newest first.

Key events (10) All events (14)

2018

11 May 2018

  • Registered as a small payment institution

FCA register

29 January 2018

  • Board replaced: its only director left and a new director took over

Companies House

17 January 2018

  • Abdul Safa Afzalzada gave up control
  • Abdul Safa Afzalzada took control (75–100% of shares)
  • Baktash Attaie gave up control

Companies House

2016

6 April 2016

  • Baktash Attaie took control (75–100% of shares)

Companies House

2015

5 August 2015

  • Changed its registered name from "Etimad Money Transfer Services Ltd"

FCA register

22 June 2015

  • Regulated by the FCA from this date

FCA register

2 March 2015

  • Supervised by HMRC under the money laundering rules from this date

FCA register

20 January 2015

  • Incorporated at Companies House

Companies House

In the full report: all 14 events

  • All 14 events in its history (10 shown here)
  • Every director appointment and resignation: 3
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Firms like Bakhter Money Transfer

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

In London

StoneX Financial LtdLondonAuthorisedReal Transfer LimitedLondonAuthorisedOnafriq UK LimitedLondonAuthorisedDaytona Capital Management LimitedLondonAuthorisedSable International FX LimitedLondonAuthorisedTrolley Payments UK LtdLondonAuthorised

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 Bakhter Money Transfer

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
  • 3 background checks on its contact details, 1 flagged
  • 7 years of accounts, charted
  • All 14 events in its history

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Frequently asked questions about this firm

Is Bakhter Money Transfer Limited FCA authorised?
Yes, Bakhter Money Transfer Limited (FRN 674882) is registered with the FCA and permitted to provide its regulated services.
What is Bakhter Money Transfer’s phone number and website?
The FCA register lists the phone number 020 8432 6698 and the website bakhtermoneytransfer.co.uk for Bakhter Money Transfer. If you were given different contact details, use these to check with the firm before going any further.
Is Bakhter Money Transfer a scam or clone?
Bakhter Money Transfer 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 Bakhter Money Transfer?
Protection depends on which product you hold and how Bakhter Money Transfer handles your money, so check the specific product before you commit. You can also refer complaints about Bakhter Money Transfer to the Financial Ombudsman Service, free of charge.
Who owns Bakhter Money Transfer?
Companies House lists one person with significant control of Bakhter Money Transfer: Mr Abdul Safa Afzalzada (75–100% of shares). Before that, it was controlled by Mr Baktash Attaie.
Who runs Bakhter Money Transfer?
Companies House lists one director of Bakhter Money Transfer: Abdul Safa Afzalzada.
How long has Bakhter Money Transfer been in business?
The company was formed on 20 January 2015, and has held its current FCA authorisation since May 2018.
What do Bakhter Money Transfer’s latest accounts show?
Its latest accounts, to 31 January 2026, show net assets of £134k (+22% from £109k).
Does Bakhter Money Transfer use any other names?
It trades as Bakhter Money Transfer Limited 1. It has previously used the name Etimad Money Transfer Services Ltd.

Sources and links

The full report on Bakhter Money Transfer Limited

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