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.
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No website on the FCA register
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Phone number
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Address
TOWER 42, 25 OLD BROAD STREET, LONDON, EC2N 1HQ, United Kingdom
In the full report: 2 background checks
- What kind of line +4402038902340 (EXT. 2311) is
- Who else gives the postcode EC2N 1HQ
Other names (2)
If you were contacted under any of these names, it is this firm.
- YeePay Trading name: A name it trades under now.
- YeePay UK Trading name: A name it trades under now.
FCA permissions and consumer protection
- Handle payments & transfers Funds safeguardedYour 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, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (7 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
- h) Issuing Electronic Money
Limits on what they may do
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Account information services and payment initiation services
The institution is required to refrain from providing account information services or payment initiation services for an indefinite period.
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Agents and distributors
The institution will not onboard any agents or distributors.
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Unrelated payment services
The institution will not provide any payment services which are not related to the issuing of e-money i.e. unrelated payment services.
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
- 16038471 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 24 October 2024 (2 years old)
- Registered office
- Tower 42 25 Old Broad Street, London, EC2N 1HQ, England
- Nature of business
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- Information technology consultancy activities (SIC 62020)
- Other information technology service activities (SIC 62090)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Chen Yu | Director | Feb 1971 | 24 Oct 2024 | None |
| Andrew John Dawson | Director | May 1982 | 26 May 2025 | 1 other company |
| Tung Ho Li | Director | Oct 1983 | 1 Aug 2025 | 1 other company |
Other companies run by these 3 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
- 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 these 3 directors sit on each board, and since when
- Any that went into liquidation or administration
Filed accounts and finances
Net assets
−£93.2k
No earlier figure to compare
Cash at bank
£328k
No earlier figure to compare
Employees (average)
3
No earlier figure to compare
Net assets are negative: on its last balance sheet the company owed £93.2k more than it owned.
* Cash at bank usually includes customers’ money.
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 16038471. 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
Cosmolin UK’s history from the FCA register and Companies House, newest first.
2026
11 August 2026
- Regulated by the FCA from this date
- FCA imposed a requirement (Account information services and payment initiation services)
- FCA imposed a requirement (Agents and distributors)
- FCA imposed a requirement (Unrelated payment services)
- Became an authorised e-money institution
FCA register
2024
24 October 2024
- Incorporated at Companies House
- Chen Yu became the majority owner (50–75% of shares)
- Wei Yang became a part-owner (25–50% of shares)
Companies House
In the full report: all 13 events
- All 13 events in its history (8 shown here)
- Every director appointment and resignation: 3
Firms like Cosmolin UK
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 Cosmolin UK
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
- 2 background checks on its contact details
- All 13 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
- 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