Efuluus Limited

Reference number: 916867

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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.

  • No website on the FCA register

  • Phone number

    020 8746 0830

  • Address

    16A, 2 Somerset Road, London, Haringey, N17 9EJ, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 8746 0830 is
  • Who else gives the postcode N17 9EJ
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Other names (1)

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

  • TassaPay Trading name

FCA permissions and consumer protection

  • Handle payments & transfers No FSCS cover
    Safeguarding 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, 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
12167877
Company status
Active
Company type
Private limited company
Incorporated
21 August 2019 (7 years old)
Registered office
16a, 2 Somerset Road, London, N17 9EJ, England
Nature of business
  • Other information technology service activities (SIC 62090)
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Abdirizak Mohamed Director Jan 1986 21 Aug 2019 1 other company
Abdirizak Mohamed Secretary Not published 21 Aug 2019 –

Other companies run by its director

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 company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 August 2025Micro-entity accountsNot audited

Net assets

£6,263

−30% from £9,004

Employees (average)

0

Same as 0

Owed within a year

£1,400

Up £500 from £900

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
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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 12167877. 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

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

2025

5 November 2025

  • Abdulcadir Halane became the majority owner (50–75% of shares)

Companies House

2021

29 October 2021

  • Began trading as "TassaPay"

FCA register

2020

24 April 2020

  • Regulated by the FCA from this date
  • Registered as a small payment institution

FCA register

2019

20 September 2019

  • Abdirizak Mohamed gave up control
  • Onwa Limited became a part-owner (25–50% of shares)

Companies House

21 August 2019

  • Incorporated at Companies House
  • Abdirizak Mohamed took control (75–100% of shares)
  • Abdirizak Mohamed appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like Efuluus

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

In London

StoneX Financial LtdLondonAuthorisedReal Transfer LimitedLondonAuthorisedOnafriq UK LimitedLondonAuthorisedDaytona Capital Management LimitedLondonAuthorisedSable International FX LimitedLondonAuthorisedTrolley Payments UK LtdLondonAuthorised

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 Efuluus

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

  • 1 other company its directors have run, named
  • 2 background checks on its contact details
  • 6 years of accounts, charted
  • All 9 events in its history

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Frequently asked questions about this firm

Is Efuluus Limited FCA authorised?
Yes, Efuluus Limited (FRN 916867) is registered with the FCA and permitted to provide its regulated services.
What is Efuluus’ phone number?
The FCA register lists the phone number 020 8746 0830 for Efuluus. If you were given different contact details, use these to check with the firm before going any further.
Is Efuluus a scam or clone?
Efuluus 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 Efuluus?
Protection depends on which product you hold and how Efuluus handles your money, so check the specific product before you commit. You can also refer complaints about Efuluus to the Financial Ombudsman Service, free of charge.
Who owns Efuluus?
Companies House lists 2 people with significant control of Efuluus: Mr Abdulcadir Halane (50–75% of shares) and Onwa Limited (25–50% of shares). Before that, it was controlled by Mr Abdirizak Mohamed.
Who runs Efuluus?
Companies House lists one director of Efuluus: Abdirizak Mohamed.
How long has Efuluus been in business?
The company was formed on 21 August 2019, and has held its current FCA authorisation since April 2020.
What do Efuluus’ latest accounts show?
Its latest accounts, to 31 August 2025, show net assets of £6,263 (−30% from £9,004).
Does Efuluus use any other names?
It trades as TassaPay.

Sources and links

The full report on Efuluus Limited

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