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 8 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.
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No website on the FCA register
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Last known phone number
020 7252 4444
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Last known address
288 Old Kent Road, London, SE1 5UE, United Kingdom
In the full report: 2 background checks
- What kind of line 020 7252 4444 is
- Who else gives the postcode SE1 5UE
Past FCA permissions and consumer protection
- The record is closedCover 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.
- Company number
- 05835969 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 2 June 2006 (20 years old)
- Registered office
- 288 Old Kent Road, London, London, SE1 5UE
- Nature of business
-
- Activities of call centres (SIC 82200)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Abdullahi Mahamoud Hassan | Director | Jul 1961 | 2 Jun 2006 | None |
| Mohamed Abdullahi Mahamoud | Director | Mar 2003 | 1 Dec 2024 | 2 other companies |
| Abdullahi Mahamoud Hassan | Secretary | Not published | 2 Jun 2006 | None |
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 companies
- 2
- still active
- 2
In the full report: all 2 companies, 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 4 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£17.3k
+13% from £15.3k
Employees (average)
6
Same as 6
Owed within a year
£17.3k
+13% from £15.3k
Net assets
In the full report: all 7 years of accounts
- Every year from 2019 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 05835969. Figures are exactly as filed; nothing is estimated.
Key dates in its history
City Exchange Net’s history from the FCA register and Companies House, newest first.
2023
1 May 2023
- Abdullahi Mahamoud Hassan took control (75–100% of shares)
Companies House
2022
8 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
1 April 2013
- Regulated by the FCA from this date
FCA register
2011
5 August 2011
- Regulated by the Financial Services Authority from this date
FCA register
2006
2 June 2006
- Incorporated at Companies House
Companies House
2002
1 October 2002
- Supervised by HMRC under the money laundering rules from this date
FCA register
In the full report: all 17 events
- All 17 events in its history (8 shown here)
- Every director appointment and resignation: 6
Firms like City Exchange Net
Other firms of the same type (payment or money transfer firm), nearest first.
In London
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Get the full report on City Exchange Net
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- 2 other companies its directors have run, named
- 2 background checks on its contact details
- 7 years of accounts, charted
- All 17 events in its history
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk