Credec Limited: FCA regulated?

Authorised by the FCA

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

Authorised for 8 years
Your funds are safeguarded
No FCA actions
Active company since 2017
Accounts filed up to 30 June 2025

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

CreDec Limited Reference number: 809835 Payment agent

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.

Website

credec.com (opens in a new tab)
Phone number

0131 564 0233
Address

21 Young Street, Edinburgh, Midlothian, EH2 4HU, United Kingdom

In the full report: 3 background checks

When credec.com first appeared online, and whether it can receive email
What kind of line 0131 564 0233 is
Who else gives the postcode EH2 4HU

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 (1 permission)

6. Money remittance.

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: 10821006 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 15 June 2017 (9 years old)
Registered office: 22 Baker Street, London, W1U 3BW, England
Nature of business: Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Craig Farquhar Eadie	Director	Apr 1955	15 Jun 2017	None
Alexander Michael Meynell	Director	Nov 1966	16 May 2018	None

In the full report: every company its directors have run

Confirmation that these 2 directors run no other company

Filed accounts and finances

Year to 30 June 2025Small company accountsAudited

Total equity

£89.4k

−24% from £118k

Cash at bank

£99.9k

−55% from £220k

Employees (average)

2

Up 2 from 0

Owed within a year

£146k

−2% from £149k

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 6 years of accounts

Every year from 2020 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 10821006. 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

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

Key events (4) All events (7)

2018

5 September 2018

Became an authorised payment institution

FCA register

31 July 2018

Regulated by the FCA from this date

FCA register

2017

15 June 2017

Incorporated at Companies House
Ardohr Limited took control (75–100% of shares)

Companies House

In the full report: all 7 events

All 7 events in its history (4 shown here)
Every director appointment and resignation: 2

Firms connected to Credec

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

connected firm: 1
share its postcode: 1

In the full report: the connected firm, named

How it is linked: the same postcode (1)
Who links it to this firm: the named directors, with dates

Firms like Credec

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

In Edinburgh

Transwap Technologies (UK) LimitedEdinburghAuthorised FreeAgent Central LimitedEdinburghRegistered Money Dashboard LtdEdinburghRegistered Mydex Data Services Community Interest CompanyEdinburghRegistered

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 Credec

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

Every company its directors have run, named
3 background checks on its contact details
6 years of accounts, charted
All 7 events in its history
1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Credec Limited FCA authorised?

Yes, Credec Limited (FRN 815633) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.

What is Credec’s phone number and website?

The FCA register lists the phone number 0131 564 0233 and the website credec.com for Credec. If you were given different contact details, use these to check with the firm before going any further.

Is Credec a scam or clone?

Credec 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 Credec?

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 Credec to the Financial Ombudsman Service, free of charge.

Who owns Credec?

Credec is owned by Ardohr Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 15 June 2017.

Who runs Credec?

Companies House lists 2 directors of Credec: Craig Farquhar Eadie and Alexander Michael Meynell.

How long has Credec been in business?

The company was formed on 15 June 2017, and has held its current FCA authorisation since September 2018.

What do Credec’s latest accounts show?

Its latest accounts, to 30 June 2025, show total equity of £89.4k (−24% from £118k) and cash at bank of £99.9k (−55% from £220k).