Authorised, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 March 2022
- Company: in liquidation
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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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No phone number on the FCA register
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Address
Kristina Kicks & Michael Leeds, Interpath Ltd,, 5th Floor, 130 St Vincent Street, Glasgow, G2 5HF, United Kingdom
In the full report: 1 background check
- Who else gives the postcode G2 5HF
Other names (1)
If you were contacted under any of these names, it is this firm.
- England.Pl Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (2 permissions)
- 5. Issuing and/or acquiring of payment instruments.
- 6. Money remittance.
Limits on the record
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Undertaking
With immediate effect, Crossbarfx Limited (‘the Firm’) undertakes to: 1) Refrain from providing payment services as defined in Part 1, Schedule 1 of the Payment Services Regulations 2017 (PSRs), other than in relation to funds received on or prior to as of 24/04/2024; 2) To refrain from accepting any new funds from any customer, existing or new. 3) Refrain from on-boarding or registering any new payment service users from the date of this undertaking; 4) Where possible, notify all existing customers in writing and publish in a prominent place on its website and other online communication channels, a statement that Crossbarfx Limited is currently not providing 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.
Concerns on the company record
- Companies House records this company in liquidation, but it is still authorised on the FCA register.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 05515868 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 21 July 2005 (21 years old)
- Registered office
- 10 Fleet Place, London, EC4M 7RB
- Nature of business
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- Banks (SIC 64191)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Rupert Timothy Villiers-Smith | Director | Apr 1967 | 21 Jul 2005 | 3 other companies |
| Christopher Campbell Townsend | Director | Feb 1950 | 1 Dec 2016 | 2 other companies |
| Susan Odling Villiers-Smith | Secretary | Not published | 21 Jul 2005 | – |
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
- 5
- closed down
- 3
- still active
- 2
In the full report: all 5 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 3 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£385k
+24% from £312k
Cash at bank
£434k
+29% from £335k
Employees (average)
14
+27% from 11
Owed within a year
£64.6k
+64% from £39.4k
Its next accounts are overdue at Companies House.
Net assets
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 05515868. 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
Crossbarfx’s history from the FCA register and Companies House, newest first.
2024
24 April 2024
- FCA imposed a requirement (Undertaking)
FCA register
2018
1 May 2018
- Became an authorised payment institution
FCA register
2016
6 April 2016
- Rupert Timothy Villiers-Smith took control (75–100% of shares)
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2010
21 December 2010
- Regulated by the Financial Services Authority from this date
FCA register
2005
21 July 2005
- Incorporated at Companies House
Companies House
In the full report: all 13 events
- All 13 events in its history (6 shown here)
- Every director appointment and resignation: 4
Firms connected to Crossbarfx
Other FCA-listed firms that share a director, phone number or address with Crossbarfx. 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 Crossbarfx
Other firms of the same type (payment or money transfer firm), nearest first.
In Glasgow
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 Crossbarfx
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 5 other companies its directors have run, named
- 1 background check on its contact details
- All 13 events in its history
- 1 connected firm, named, and who links them
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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