Glo Remit Ltd

Reference number: 916758

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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 gloremit.com first appeared online, and whether it can receive email
  • What kind of line 07783 741003 is
  • Who else gives the postcode RM6 6AX
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Other names (4)

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

  • MoMo Me Trading name
  • Drizzle Former trading name
  • Palm Send Former trading name
  • Send Tango Former trading name

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 (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
10153542
Company status
Active
Company type
Private limited company
Incorporated
28 April 2016 (10 years old)
Registered office
181a North End, Croydon, CR0 1TP, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Munachimso Mctony Ogu-Eke Director Oct 1993 16 May 2025 None
Gilbert Nketiah Secretary Not published 1 May 2025 –

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • All 7 people who have been directors, with their dates
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Filed accounts and finances

Year to 30 April 2026Micro-entity accountsNot audited

Net assets

£22.7k

<1% from £22.9k

Employees (average)

0

Same as 0

Owed within a year

£101k

+29% from £78.4k

Assets and liabilities

In the full report: all 8 years of accounts

  • Every year from 2019 to 2026
  • 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 10153542. 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

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

Key events (12) All events (33)

2025

16 May 2025

  • Board replaced: its only director left and a new director took over
  • Moses Kwabena Baah gave up control
  • Munachimso McTony Ogu-Eke took control (75–100% of shares)

Companies House

2021

23 March 2021

  • Moses Kwabena Baah took control (75–100% of shares)

Companies House

2020

27 November 2020

  • Zeepay Ghana Limited stopped being a part-owner

Companies House

10 November 2020

  • Moses Kwabena Baah gave up control

Companies House

30 October 2020

  • Zeepay Ghana Limited became a part-owner (25–50% of shares)

Companies House

22 February 2020

  • Regulated by the FCA from this date
  • Supervised by HMRC under the money laundering rules from this date
  • Became an authorised payment institution

FCA register

2016

10 September 2016

  • Moses Kwabena Baah took control (75–100% of shares)

Companies House

28 April 2016

  • Incorporated at Companies House

Companies House

In the full report: all 33 events

  • All 33 events in its history (12 shown here)
  • Every director appointment and resignation: 13
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Firms like Glo Remit

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

In the Romford (RM) postcode area

Afrotrade LimitedRainhamAuthorisedBelyfted LimitedDagenhamRegisteredBroad Money Payment & Digital Services LimitedRegisteredIfepay Services LtdRomfordRegisteredIFS Currency LimitedRomfordAuthorisedKBR Foreign Exchange LimitedTilburyAuthorised

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 Glo 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
  • 3 background checks on its contact details
  • 8 years of accounts, charted
  • All 33 events in its history

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Frequently asked questions about this firm

Is Glo Remit Ltd FCA authorised?
Yes, Glo Remit Ltd (FRN 916758) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2020 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Glo Remit’s phone number and website?
The FCA register lists the phone number 07783 741003 and the website gloremit.com for Glo Remit. If you were given different contact details, use these to check with the firm before going any further.
Is Glo Remit a scam or clone?
Glo Remit 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 Glo Remit?
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 Glo Remit to the Financial Ombudsman Service, free of charge.
Who owns Glo Remit?
Companies House lists one person with significant control of Glo Remit: Mr Munachimso McTony Ogu-Eke (75–100% of shares). Before that, it was controlled by Zeepay Ghana Limited and Mr Moses Kwabena Baah.
Who runs Glo Remit?
Companies House lists one director of Glo Remit: Munachimso McTony Ogu-Eke.
How long has Glo Remit been in business?
The company was formed on 28 April 2016, and has held its current FCA authorisation since February 2020.
What do Glo Remit’s latest accounts show?
Its latest accounts, to 30 April 2026, show net assets of £22.7k (<1% from £22.9k).
Does Glo Remit use any other names?
It trades as MoMo Me. It has previously used 3 other names: Drizzle, Palm Send and Send Tango.

Sources and links

The full report on Glo Remit Ltd

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