Ecospend Technologies Limited

Reference number: 829713

Instant download

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.

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.

In the full report: 3 background checks

  • When ecospend.com first appeared online, and whether it can receive email
  • What kind of line 07557 317190 is, and the other firm that gives it
  • Who else gives the postcode W1D 5DY
Instant PDF download
Other names (2)

If you were contacted under any of these names, it is this firm.

  • Trustly Trading name: A name it trades under now.
  • SpeedyPay Former trading name: A name it used to trade under.

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 (2 permissions)
  • 7. Payment initiation services
  • 8. Account information 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 status
Active
Company type
Private limited company
Incorporated
18 December 2017 (8 years old)
Registered office
The Wingate, Shaftesbury Avenue, London, W1D 5DY, England
Nature of business
  • Business and domestic software development (SIC 62012)
  • Data processing, hosting and related activities (SIC 63110)

Directors and company secretaries

Name Role Born Appointed Other companies
Daniel Philip Hecker Director May 1980 14 May 2025 1 other company
Joanna Marie Hacking Director May 1976 14 Jan 2026 2 other companies
Randall Friend Kern Director Sep 1976 12 Oct 2026 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
still active
2
is FCA-registered
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
  • The one on the FCA register, including one no longer authorised
  • The 1 company these 3 directors run together
  • All 9 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

Year to 31 December 2022Full accountsAudited

Total equity

−£352k

No earlier figure to compare

Cash at bank

£205k

No earlier figure to compare

Employees (average)

13

+30% from 10

Owed within a year

£692k

+141% from £287k

Total equity is negative: on its last balance sheet the company owed £352k more than it owned.

* Cash at bank usually includes customers’ money.

Assets and liabilities

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 11114967. 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

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

2023

27 January 2023

  • Board replaced: its only director left and 2 new directors took over
  • Metin Erkman gave up control
  • Trustly UK Limited took control (75–100% of shares)

Companies House

2019

9 May 2019

  • Became an authorised payment institution

FCA register

2018

19 December 2018

  • Regulated by the FCA from this date

FCA register

2017

18 December 2017

  • Incorporated at Companies House
  • Metin Erkman took control (75–100% of shares)

Companies House

In the full report: all 25 events

  • All 25 events in its history (7 shown here)
  • Every director appointment and resignation: 15
Instant PDF download

Firms connected to Ecospend Technologies

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

connected firm
1
share a director
1
share its phone number
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1), the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
Instant PDF download

Firms like Ecospend Technologies

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 Ecospend Technologies

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
  • 3 background checks on its contact details
  • All 25 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Ecospend Technologies Limited FCA authorised?
Yes, Ecospend Technologies Limited (FRN 829713) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2019 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Ecospend Technologies’ phone number and website?
The FCA register lists the phone number 07557 317190 and the website ecospend.com for Ecospend Technologies. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Ecospend Technologies a scam or clone?
Ecospend Technologies 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 Ecospend Technologies?
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 Ecospend Technologies to the Financial Ombudsman Service, free of charge.
Who owns Ecospend Technologies?
Ecospend Technologies is owned by Trustly UK Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 27 January 2023. Before that, it was controlled by Mr Metin Erkman.
Who runs Ecospend Technologies?
Companies House lists 3 directors of Ecospend Technologies: Daniel Philip Hecker, Joanna Marie Hacking and Randall Friend Kern.
How long has Ecospend Technologies been in business?
The company was formed on 18 December 2017, and has held its current FCA authorisation since May 2019.
What do Ecospend Technologies’ latest accounts show?
Its latest accounts, to 31 December 2022, show total equity of −£352k (no earlier figure to compare) and cash at bank of £205k (no earlier figure to compare).
Does Ecospend Technologies use any other names?
It trades as Trustly. It has previously used the name SpeedyPay.

Sources and links

The full report on Ecospend Technologies Limited

£19.99 · Instant PDF download

Loading secure checkout…