BNXA UK VASP Limited
Reference number: 999863
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On the register, but not FCA authorised
This firm is registered with the FCA for anti-money-laundering checks only, which is how cryptoasset firms are registered. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.
- Registered for 2 years
- No FCA actions
- Active company since 2021
- Accounts filed up to 30 June 2025
- On its latest accounts it owed £45.4k more than it owned
What does this mean?
- Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
- What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
- It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
- So if the firm fails or treats you badly, there is no compensation to fall back on. The FCA's own position is that crypto is largely unregulated in the UK and that compensation for crypto losses is highly unlikely.
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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Website
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Phone number
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Address
Cannon Place, 78 Cannon Street, London, EC4N 6AF, United Kingdom
In the full report: 3 background checks
- When banxa.com first appeared online, and whether it can receive email
- What kind of line 07784 849966 is
- Who else gives the postcode EC4N 6AF
Other names (1)
If you were contacted under any of these names, it is this firm.
- BANXA Trading name: A name it trades under now.
Past FCA permissions and consumer protection
- Money-laundering registration onlyThis firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service generally does not cover unregulated cryptoasset activity.
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
- 13817450 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 24 December 2021 (4 years old)
- Registered office
- Cannon Place, 78 Cannon Street, London, EC4N 6AF, United Kingdom
- Nature of business
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- Retail sale via mail order houses or via Internet (SIC 47910)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Chao Yang | Director | May 1984 | 6 Mar 2026 | None |
| Lok Wuen Leung | Director | Sep 1992 | 1 Jun 2026 | 1 other company |
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 7 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£45.4k
−162% from £73.5k
Cash at bank
£166k
No earlier figure to compare
Employees (average)
2
Up 2 from 0
Owed within a year
£6.00m
Up £5.95m from £58.0k
Net assets are negative: on its last balance sheet the company owed £45.4k more than it owned.
Net assets
In the full report: all 4 years of accounts
- Every year from 2022 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.
Accounts filed at Companies House for company 13817450. 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
Bnxa UK Vasp’s history from the FCA register and Companies House, newest first.
2024
10 July 2024
- Banxa Holdings Inc gave up control
- Bnxa UK Holding Limited took control (75–100% of shares)
Companies House
14 February 2024
- Banxa Holdings Inc took control (75–100% of shares)
- Bnxa UK Holding Limited gave up control
Companies House
9 February 2024
- Regulated by the FCA from this date
- Registered with the FCA
FCA register
2021
24 December 2021
- Incorporated at Companies House
- Bnxa UK Holding Limited took control (75–100% of shares)
Companies House
In the full report: all 21 events
- All 21 events in its history (8 shown here)
- Every director appointment and resignation: 12
Firms connected to Bnxa UK Vasp
Other FCA-listed firms that share a director, phone number or address with Bnxa UK Vasp. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 4
- no longer authorised
- 1
- share its postcode
- 4
In the full report: all 4 connected firms, named
- How each is linked: the same postcode (4)
- Who links each one: the named directors, with dates
Firms like Bnxa UK Vasp
Other firms of the same type (retailer), 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 Bnxa UK Vasp
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
- 4 years of accounts, charted
- All 21 events in its history
- 4 connected firms, named, and who links them
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Frequently asked questions about this firm
Is BNXA UK VASP Limited FCA authorised?
What is Bnxa UK Vasp’s phone number and website?
Is Bnxa UK Vasp a scam or clone?
Is my money safe with Bnxa UK Vasp?
Who owns Bnxa UK Vasp?
Who runs Bnxa UK Vasp?
How long has Bnxa UK Vasp been in business?
What do Bnxa UK Vasp’s latest accounts show?
Does Bnxa UK Vasp use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Crypto: what the FCA registration means fca.org.uk
- Report a scam to the FCA fca.org.uk