Acts as a payment agent
This firm does not hold FCA authorisation of its own, and acts as a payment agent under another firm's authorisation.
- Agent for 15 years
- No FCA actions
- Active company since 2011
- Accounts filed up to 31 July 2025
- Your funds are not FSCS protected
This is one of the company's FCA records. It separately holds FCA registration under FRN 910530 →.
Responsible principal firm
Euronet Payment Services Ltd Reference number: 504630 View firm →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.
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No website on the FCA register
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Phone number
-
Address
175 Streatham High Road, London, SW16 6EG, United Kingdom
In the full report: 2 background checks
- What kind of line 07930 519898 is
- Who else gives the postcode SW16 6EG
Past FCA permissions and consumer protection
- Protection works through the principalThis firm acts as an agent of an authorised payment or e-money firm rather than holding its own authorisation. FSCS does not protect money held by an agent. Funds should be safeguarded by the principal, and the Financial Ombudsman Service may still be able to look at a complaint.
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
- 07700996 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 12 July 2011 (15 years old)
- Registered office
- Matches the FCA register address ✓
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Ibrahim Barow | Director | Oct 1969 | 12 Jul 2011 | None |
| Mohamed Ibrahim Osman | Secretary | Not published | 21 Jul 2025 | – |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
Filed accounts and finances
Net assets
£42.3k
+1.6% from £41.6k
Cash at bank
£41.4k
+3.3% from £40.1k
Employees (average)
2
Same as 2
Owed within a year
£5,124
+15% from £4,471
Net assets
In the full report: all 7 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 07700996. Figures are exactly as filed; nothing is estimated.
Key dates in its history
First Exchange’s history from the FCA register and Companies House, newest first.
2016
6 April 2016
- Ibrahim Barow took control (75–100% of shares)
Companies House
2011
10 October 2011
- Status on the FCA register became "PSD Agent"
FCA register
12 July 2011
- Incorporated at Companies House
- Ibrahim Barow appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms connected to First Exchange
Other FCA-listed firms that share a director, phone number or address with First Exchange. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Get the full report on First Exchange
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
- 7 years of accounts, charted
- All 4 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