Registered with the FCA
This firm is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.
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
8b Whitmore Road, Birmingham, B10 0NP, United Kingdom
In the full report: 2 background checks
- What kind of line 07754 682011 is
- Who else gives the postcode B10 0NP
Other names (1)
If you were contacted under any of these names, it is this firm.
- Dubai Remit Limited Former name: A name it was registered under before.
FCA permissions and consumer protection
- Handle payments & transfers No FSCS coverSafeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.
- 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 (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
- 10060143 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 13 March 2016 (10 years old)
- Registered office
- 8b Whitmore Road, Birmingham, B10 0NP, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Hassan Salih | Director | Jul 1958 | 13 Mar 2016 | None |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
- Both people who have been directors, with their dates
Filed accounts and finances
Net assets
£119k
+13% from £106k
Cash at bank
£269k
−5.2% from £284k
Employees (average)
8
+14% from 7
Owed within a year
£155k
−16% from £185k
Net assets
In the full report: all 8 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.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 10060143. 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
Direct Remit’s history from the FCA register and Companies House, newest first.
2022
7 December 2022
- Abdel Aziz Hassan Ahmed stopped being the majority owner
Companies House
2019
1 July 2019
- Abdel Aziz Hassan Ahmed became the majority owner (50–75% of shares)
Companies House
31 January 2019
- Changed its registered name from "Dubai Remit Limited"
FCA register
2018
16 November 2018
- Registered as a small payment institution
FCA register
2017
3 March 2017
- Hassan Salih became the majority owner (50–75% of shares)
Companies House
2016
1 December 2016
- Supervised by HMRC under the money laundering rules from this date
FCA register
7 November 2016
- Regulated by the FCA from this date
FCA register
13 March 2016
- Incorporated at Companies House
Companies House
In the full report: all 11 events
- All 11 events in its history (8 shown here)
- Every director appointment and resignation: 3
Firms like Direct Remit
Other firms of the same type (payment or money transfer firm), nearest first.
In Birmingham
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 Direct Remit
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
- 2 background checks on its contact details
- 8 years of accounts, charted
- All 11 events in its history
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Frequently asked questions about this firm
Is Direct Remit Limited FCA authorised?
What is Direct Remit’s phone number?
Is Direct Remit a scam or clone?
Is my money safe with Direct Remit?
Who owns Direct Remit?
Who runs Direct Remit?
How long has Direct Remit been in business?
What do Direct Remit’s latest accounts show?
Does Direct Remit use any other names?
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