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 December 2021
- Company: in administration
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
- One of its directors is also a director of a firm that is no longer authorised
- 1 thing worth a closer look in the background checks
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
Franklyn Ofonagoro and Allister Manson of Opus Restructuring LLP, 3 Hardman Square, Spinningfields, Manchester,, M3 3EB, United Kingdom
In the full report: 1 background check, 1 thing worth a closer look
- Whether M3 3EB is a shared office: 69 other firms give it
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.
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 administration, 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
- 04461030 (opens Companies House in a new tab)
- Company status
- Administration
- Company type
- Private limited company
- Incorporated
- 13 June 2002 (24 years old)
- Registered office
- C/O OPUS RESTRUCTURING LLP, 1 Radian Court Knowlhill, Milton Keynes, MK5 8PJ
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| James Jonathan Anderson | Director | Sep 1962 | 13 Jun 2002 | 8 other companies |
| Michelle Anderson | Director | Apr 1969 | 12 Nov 2002 | 4 other companies |
| James Jonathan Anderson | Secretary | Not published | 13 Jun 2002 | 8 other companies |
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
- 10
- closed down
- 4
- went insolvent
- 1
In the full report: all 10 companies, named
- What each company does, and whether it is still trading
- Which of these 2 directors sit on each board, and since when
- The one that went into liquidation or administration
- The 2 on the FCA register, including 2 no longer authorised
- The 2 companies these 2 directors run together
- All 5 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£125k
No earlier figure to compare
Cash at bank
£37.2k
No earlier figure to compare
Employees (average)
5
No earlier figure to compare
Owed within a year
£65.6k
No earlier figure to compare
Its next accounts are overdue at Companies House.
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 04461030. 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
Currency Matters’s history from the FCA register and Companies House, newest first.
2018
11 May 2018
- Became an authorised payment institution
FCA register
2016
6 April 2016
- James Jonathan Anderson took control (75–100% of shares)
- Michelle Anderson became a part-owner (25–50% of shares)
Companies House
2011
14 February 2011
- Supervised by HMRC under the money laundering rules from this date
FCA register
2002
13 June 2002
- Incorporated at Companies House
Companies House
In the full report: all 13 events
- All 13 events in its history (5 shown here)
- Every director appointment and resignation: 8
Firms connected to Currency Matters
Other FCA-listed firms that share a director, phone number or address with Currency Matters. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- no longer authorised
- 2
- share a director
- 2
In the full report: all 2 connected firms, named
- How each is linked: shared directors (2)
- Who links each one: the named directors, with dates
Firms like Currency Matters
Other firms of the same type (payment or money transfer firm), nearest first.
In the Manchester (M) postcode area
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 Currency Matters
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- 10 other companies its directors have run, named
- 1 background check on its contact details, 1 flagged
- All 13 events in its history
- 2 connected firms, 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