Balu Asiaa Services Limited

Reference number: 560414

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 22 November 2022.

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.

  • Last known website

    baluasia.com

  • Last known phone number

    020 8432 2966

  • Last known address

    225 London Road, Mitcham, Surrey, CR4 3NH, United Kingdom

In the full report: 3 background checks

  • When baluasia.com first appeared online, and whether it can receive email
  • What kind of line 020 8432 2966 is
  • Who else gives the postcode CR4 3NH
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Other names (3)

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

  • £PAY Trading name
  • BANX Trading name
  • iBANK Trading name

Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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 as dissolved.
Company number
07408702
Company status
Dissolved
Company type
Private limited company
Incorporated
15 October 2010 (16 years old)
Registered office
88 Streatham Road, Mitcham, CR4 2AB, England
Nature of business
  • Other service activities not elsewhere classified (SIC 96090)

Directors and company secretaries

Name Role Born Appointed Other companies
Baleswaran Balasingham Director Apr 1964 15 Oct 2010 2 other companies

Other companies run by its director

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 companies
2
closed down
1
still active
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 October 2025Abridged accountsNot audited

Net assets

£13.8k

+2.6% from £13.4k

Employees (average)

0

Same as 0

Owed within a year

£13.8k

+2.6% from £13.4k

Net assets

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • 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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 07408702. Figures are exactly as filed; nothing is estimated.

Key dates in its history

Balu Asiaa Services’s history from the FCA register and Companies House, newest first.

Key events (7) All events (11)

2026

31 March 2026

  • Company dissolved

Companies House

2022

22 November 2022

  • No longer regulated by the FCA
  • No longer supervised by HMRC
  • Status on the FCA register became "Cancelled - Small PI"

FCA register

2013

30 April 2013

  • Regulated by the FCA from this date

FCA register

1 April 2013

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

FCA register

2010

15 October 2010

  • 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: 1
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Firms connected to Balu Asiaa Services

Other FCA-listed firms that share a director, phone number or address with Balu Asiaa Services. 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
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Firms like Balu Asiaa Services

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

In the Croydon (CR) postcode area

Ariana Exchange LimitedThornton HeathAuthorisedCerro Catedral LimitedCroydonRegisteredKanson Services LimitedCroydonRegisteredPamir Travel and Exchange LtdCroydonRegisteredPayron LimitedLondonAuthorisedTeeparam Exchange LimitedCroydonRegistered

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 Balu Asiaa Services

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Balu Asiaa Services Limited FCA authorised?
No. Balu Asiaa Services Limited (FRN 560414) is still listed on the FCA register, but the record is closed: no longer authorised.
Is Balu Asiaa Services a scam or clone?
Balu Asiaa Services is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Balu Asiaa Services?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Balu Asiaa Services has no cover, because it is no longer permitted to carry it out.
Who runs Balu Asiaa Services?
Companies House lists one director of Balu Asiaa Services: Baleswaran Balasingham.
How long has Balu Asiaa Services been in business?
The company was formed on 15 October 2010. Companies House now lists it as dissolved.
What do Balu Asiaa Services’ latest accounts show?
Its latest accounts, to 31 October 2025, show net assets of £13.8k (+2.6% from £13.4k).
Does Balu Asiaa Services use any other names?
It trades as £PAY, BANX and iBANK.

Sources and links

The full report on Balu Asiaa Services Limited

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