Cardaq Limited

Reference number: 900088

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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

  • When cardaq.com first appeared online, and whether it can receive email
  • What kind of line 07723 918776 is
  • Who else gives the postcode EC1A 7BL
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Other names (4)

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

  • Pridepay Trading name
  • Teido Trading name
  • COSPAY LIMITED Former name
  • Payco Financial Services Ltd Former trading name

FCA permissions and consumer protection

  • Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
  • 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 (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

Limits on what they may do

  • Restriction on new business
    The Firm must not register, onboard or provide regulated electronic money or payment services (either directly or through outsourced partners) to any New Customers without the prior written consent of the FCA.

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
07805564
Company status
Active
Company type
Private limited company
Incorporated
11 October 2011 (15 years old)
Registered office
Broadfield Law Uk Llp, One Bartholomew Close, London, EC1A 7BL, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Hugo Remi Director Jun 1989 31 Jan 2019 1 other company
Geoffrey William Greer Nicholson Director Mar 1959 12 Feb 2024 None
Leeandra Jane Vaile Director Mar 1973 31 Oct 2024 None
Ajeb Singh Wahiwala Director Oct 1978 8 Sep 2025 8 other companies
Noyan Nihat Director Feb 1969 8 Sep 2025 21 other companies
Dmitrijs Boiko Director Jul 1979 27 Nov 2025 None
BROADWAY SECRETARIES LIMITED Corporate secretary Not published 2 Apr 2020 –

Other companies run by these 6 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 companies
29
closed down
14
are FCA-registered
3

In the full report: all 29 companies, named

  • What each company does, and whether it is still trading
  • Which of these 6 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 3 on the FCA register
  • The 1 company these 6 directors run together
  • All 10 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 29 December 2024Full accountsAudited

Turnover

£13.9m

Not compared: the previous accounts cover a different length of time

Profit before tax

£3.44m

Not compared: the previous accounts cover a different length of time

Net assets

£3.86m

+113% from £1.81m

Cash at bank

£7.18m

−10% from £8.00m

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • Both charts, 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 07805564. 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

Cardaq’s history from the FCA register and Companies House, newest first.

Key events (14) All events (32)

2025

18 December 2025

  • FCA imposed a requirement (Restriction on new business)

FCA register

2023

4 May 2023

  • Changed its registered name from "COSPAY LIMITED"

FCA register

2019

27 February 2019

  • Miles Scott Carroll no longer has significant control

Companies House

2018

30 September 2018

  • Timothy Robin Briggs no longer has significant control

Companies House

18 May 2018

  • Became an authorised e-money institution

FCA register

9 February 2018

  • Eberhard Dollinger no longer has significant control

Companies House

5 January 2018

  • Ixxov Limited took control (75–100% of shares)
  • Miles Scott Carroll gained significant control
  • Payment Company AG Zug In Liquidation no longer has significant control

Companies House

2016

14 June 2016

  • Payment Company AG Zug In Liquidation gained significant control

Companies House

6 April 2016

  • Eberhard Dollinger gained significant control
  • Timothy Robin Briggs gained significant control

Companies House

2013

13 August 2013

  • Regulated by the FCA from this date

FCA register

2011

11 October 2011

  • Incorporated at Companies House

Companies House

In the full report: all 32 events

  • All 32 events in its history (14 shown here)
  • Every director appointment and resignation: 14
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Firms connected to Cardaq

Other FCA-listed firms that share a director, phone number or address with Cardaq. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share a director
1
past links
2

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
  • 2 past links through former directors
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Firms like Cardaq

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

In London

Uber Payments UK LimitedLondonAuthorisedWise Payments LimitedLondonAuthorisedForisgfs UK LimitedLondonAuthorisedWepay Payments Ltd.LondonAuthorisedAirbnb Payments UK LimitedLondonAuthorisedMollie UK Ltd.LondonAuthorised

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 Cardaq

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

  • 29 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 32 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Cardaq Limited FCA authorised?
Yes, Cardaq Limited (FRN 900088) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2018 and works as a payment or money transfer firm. The FCA has placed a limit on what it may do.
What is Cardaq’s phone number and website?
The FCA register lists the phone number 07723 918776 and the website cardaq.com for Cardaq. If you were given different contact details, use these to check with the firm before going any further.
Is Cardaq a scam or clone?
Cardaq 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 Cardaq?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Cardaq to the Financial Ombudsman Service, free of charge.
Who owns Cardaq?
Cardaq is owned by Ixxov Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 5 January 2018. Before that, it was controlled by Mr Eberhard Dollinger, Payment Company AG Zug In Liquidation and Mr Timothy Robin Briggs.
Who runs Cardaq?
Companies House lists 6 directors of Cardaq: Hugo Remi, Geoffrey William Greer Nicholson, Leeandra Jane Vaile, Ajeb Singh Wahiwala, Noyan Nihat and Dmitrijs Boiko.
How long has Cardaq been in business?
The company was formed on 11 October 2011, and has held its current FCA authorisation since May 2018.
What do Cardaq’s latest accounts show?
Its latest accounts, to 29 December 2024, show turnover of £13.9m (not compared: the previous accounts cover a different length of time) and profit before tax of £3.44m (not compared: the previous accounts cover a different length of time).
Does Cardaq use any other names?
It trades as Pridepay and Teido. It has previously used 2 other names: COSPAY LIMITED and Payco Financial Services Ltd.

Sources and links

The full report on Cardaq Limited

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