Bazar Money Transfer Limited
Reference number: 935784
Instant download
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.
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Phone number
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Address
1 canada square, london, E14 5AA, United Kingdom
In the full report: 3 background checks, 1 thing worth a closer look
- When bazarmoneytransfer.com first appeared online, and whether it can receive email
- What kind of line 07511 287344 is
- Whether E14 5AA is a shared office: 43 other firms give it
FCA permissions and consumer protection
- Handle payments & transfers No FSCS coverSafeguarding 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, freeYou 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.
Limits on what they may do
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Restriction on payment services
The Firm must not register, onboard or provide regulated payment services (either directly or through outsourced partners) to any new customers without the prior written consent of the Authority. The Firm must not provide any regulated payment services (either directly or through outsourced partners) to any existing customers, without the prior written consent of the Authority.
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Payment of liabilities
By 12pm on 28 November 2025, the Firm must pay all liabilities owed to any existing customers. Unless instructed otherwise by the customer, the Firm must make payment to the same payment account the customer (or a third party on the customer’s behalf) used to transfer the funds to the Firm.
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Notification requirements
The Firm must by 12pm on 26 November 2025, notify in writing all customers, banking partners, payment service providers or any other relevant person of the imposition and effect of the Requirements in a form to be agreed in advance with the Authority. By 12pm on 26 November 2025, the Firm must: a. Ensure that a prominent notice is displayed on the front page of its website, and any website that it controls, or mobile app, in terms, font and size to be agreed with the Authority, outlining the effect of the Requirements and providing a link to the relevant website and entry in the Financial Services Register relating to the Firm where the terms of those Requirements will appear. b. Ensure that, when any client of the Firm enters login details to access an account, a prominent notice is immediately displayed to the client, in terms, font and size to be agreed with the Authority, outlining the effect of the Requirements and providing a link to the relevant website address of the entry in the Financial Services Register relating to the Firm, where the terms of these Requirements will appear. Within 24 hours of the notifications at Requirements 4 and 5 being made, the Firm must provide the Authority with: a. copies of the template notification sent to all recipients; and b. confirmation that, to the best of its knowledge, the Firm has sent notifications pursuant to the Requirements 4 and 5. c. A statement to evidence the payment of liabilities to its customers pursuant Requirement 3. The Firm shall send to the Authority via email by 12 noon every Friday, beginning on 28 November 2025 until such time as it is notified otherwise in writing by the Authority up-to-date bank statements for all the Firm’s bank, payments or electronic money accounts.
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Secure records
The Firm must secure and preserve all records and/or information (physical or electronic) relating to payment services in their original form, or in a copy provide to be identical to the source material. These must be retained in a form and at a location within the United Kingdom, to be notified to the Authority in writing by no later than seven days after these Requirements come into force, such that they can be provided to the Authority, or to a person named by the Authority, promptly on its request.
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Direction
The Firm must not carry on any cryptoasset business for which it would require registration with the Authority under regulation 56(1)(f) of the MLR. By 12pm on 28 November 2025 the Firm must provide written confirmation to the Authority that it is in compliance with the Requirements and the Direction.
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 name
- BAZAR MONEY TRANSFER LTD
- Company number
- 12506442 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 9 March 2020 (6 years old)
- Registered office
- 720 Centennial Court Centennial Avenue, Elstree, Borehamwood, WD6 3SY, England
- Nature of business
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- Security and commodity contracts dealing activities (SIC 66120)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Puria Moradi | Director | Sep 1980 | 9 Mar 2020 | 3 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
- 3
- closed down
- 1
- still active
- 2
In the full report: all 3 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
Filed accounts and finances
Net assets
−£174k
Up £30.5k from −£205k
Employees (average)
6
+20% from 5
Owed within a year
£280k
+35% from £207k
Net assets are negative: on its last balance sheet the company owed £174k more than it owned.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2021 to 2025
- The chart, over every year
- Every filed figure, year by year
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 12506442. 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
Bazar Money Transfer’s history from the FCA register and Companies House, newest first.
2025
21 November 2025
- FCA imposed a requirement (Direction)
- FCA imposed a requirement (Notification requirements)
- FCA imposed a requirement (Payment of liabilities)
- FCA imposed a requirement (Restriction on payment services)
- FCA imposed a requirement (Secure records)
FCA register
2021
16 March 2021
- Regulated by the FCA from this date
- Supervised by HMRC under the money laundering rules from this date
- Registered as a small payment institution
FCA register
2020
9 March 2020
- Incorporated at Companies House
- Puria Moradi took control (75–100% of shares)
- Puria Moradi appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms like Bazar Money Transfer
Other firms of the same type (payment or money transfer firm), nearest first.
In london
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 Bazar Money Transfer
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 other companies its directors have run, named
- 3 background checks on its contact details, 1 flagged
- 5 years of accounts, charted
- All 11 events in its history
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Frequently asked questions about this firm
Is Bazar Money Transfer Limited FCA authorised?
What is Bazar Money Transfer’s phone number and website?
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Who runs Bazar Money Transfer?
How long has Bazar Money Transfer been in business?
What do Bazar Money Transfer’s latest accounts show?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- How safeguarding works fca.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk