Indigo FX Ltd

Reference number: 594433

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Authorised by the FCA

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

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 7856 2467

  • Address

    1 Canada Square, 9th Floor, London, E14 5AA, United Kingdom

In the full report: 2 background checks, 1 thing worth a closer look

  • What kind of line 020 7856 2467 is
  • Whether E14 5AA is a shared office: 43 other firms give it
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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
08153583
Company status
Active
Company type
Private limited company
Incorporated
23 July 2012 (14 years old)
Registered office
1 Canada Square, 9th Floor, London, E14 5AA, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Karpal Singh Ubhoo Director Apr 1987 24 Jul 2012 1 other company

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
closed down
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
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£1.04m

+8.2% from £961k

Cash at bank

£677k

−5.8% from £719k

Employees (average)

12

+33% from 9

Owed within a year

£136k

−51% from £275k

No turnover or profit for the year to 31 December 2025: the accounts print them but do not tag them. The last tagged figures are £1.12m turnover and £218k profit, for the year to 31 December 2019.

* Cash at bank usually includes customers’ money.

Net assets

In the full report: all 4 years of accounts

  • Every year from 2019 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.

Accounts filed at Companies House for company 08153583. 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

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

Key events (11) All events (16)

2020

3 June 2020

  • Indigo FX Holdings Ltd took control (75–100% of shares)
  • Indigo Global Partners Limited gave up control

Companies House

2018

13 June 2018

  • Became an authorised payment institution

FCA register

2017

5 January 2017

  • Kirpal Singh Ubhoo stopped being a part-owner
  • Neena Ubhoo stopped being a part-owner

Companies House

2016

6 April 2016

  • Indigo Global Partners Limited took control (75–100% of shares)
  • Kirpal Singh Ubhoo became a part-owner (25–50% of shares)
  • Neena Ubhoo became a part-owner (25–50% of shares)

Companies House

2013

11 April 2013

  • Regulated by the FCA from this date
  • Supervised by HMRC under the money laundering rules from this date

FCA register

2012

23 July 2012

  • Incorporated at Companies House

Companies House

In the full report: all 16 events

  • All 16 events in its history (11 shown here)
  • Every director appointment and resignation: 5
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Firms like Indigo FX

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 Indigo FX

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, 1 flagged
  • 4 years of accounts, charted
  • All 16 events in its history

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Frequently asked questions about this firm

Is Indigo FX Ltd FCA authorised?
Yes, Indigo FX Ltd (FRN 594433) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Indigo FX’s phone number?
The FCA register lists the phone number 020 7856 2467 for Indigo FX. If you were given different contact details, use these to check with the firm before going any further.
Is Indigo FX a scam or clone?
Indigo FX 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 Indigo FX?
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 Indigo FX to the Financial Ombudsman Service, free of charge.
Who owns Indigo FX?
Indigo FX is owned by Indigo FX Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and held through a firm, since 3 June 2020. Before that, it was controlled by Neena Ubhoo, Mr Kirpal Singh Ubhoo and Indigo Global Partners Limited.
Who runs Indigo FX?
Companies House lists one director of Indigo FX: Karpal Singh Ubhoo.
How long has Indigo FX been in business?
The company was formed on 23 July 2012, and has held its current FCA authorisation since June 2018.
What do Indigo FX’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £1.04m (+8.2% from £961k) and cash at bank of £677k (−5.8% from £719k).

Sources and links

The full report on Indigo FX Ltd

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