Kang Forex Limited

Reference number: 584337

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 5 December 2022.

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

  • Last known phone number

    024 7668 8881

  • Last known address

    342 Foleshill Road, -, Coventry, West Midlands, CV6 5AJ, United Kingdom

In the full report: 2 background checks

  • What kind of line 024 7668 8881 is
  • Who else gives the postcode CV6 5AJ
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Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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.

Concerns on the company record

  • Companies House records this company as dissolved.
Company status
Dissolved
Company type
Private limited company
Incorporated
9 August 2006 (20 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Jagvinder Singh Kang Director Dec 1976 9 Aug 2006 2 other companies
Jagvinder Singh Kang Secretary Not published 4 Mar 2009 2 other companies

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 companies
2
closed down
1
still active
1

In the full report: all 2 companies, 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 March 2025Micro-entity accountsNot audited

Total equity

−£20.4k

Down £240 from −£20.1k

Employees (average)

0

Same as 0

Owed within a year

£20.4k

+1.2% from £20.1k

Total equity is negative: on its last balance sheet the company owed £20.4k more than it owned.

Total equity

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 05900870. Figures are exactly as filed; nothing is estimated.

Key dates in its history

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

2025

4 November 2025

  • Company dissolved

Companies House

2022

5 December 2022

  • No longer regulated by the FCA
  • No longer supervised by HMRC
  • Status on the FCA register became "Cancelled - Small PI"

FCA register

2016

9 August 2016

  • Jagvinder Singh Kang took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

31 March 2013

  • No longer regulated by the Financial Services Authority

FCA register

2012

2 July 2012

  • Regulated by the Financial Services Authority from this date

FCA register

2009

26 May 2009

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

FCA register

2006

9 August 2006

  • Incorporated at Companies House
  • Jagvinder Singh Kang appointed as a director

Companies House

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

Firms connected to Kang Forex

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

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Kang Forex

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

In the Coventry (CV) postcode area

Elsewhere in the UK

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 Kang Forex

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
  • 2 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Kang Forex Limited FCA authorised?
No. Kang Forex Limited (FRN 584337) is still listed on the FCA register, but the record is closed: no longer authorised.
Is Kang Forex a scam or clone?
Kang Forex is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Kang Forex?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Kang Forex has no cover, because it is no longer permitted to carry it out.
Who owns Kang Forex?
Companies House lists one person with significant control of Kang Forex: Mr Jagvinder Singh Kang (75–100% of shares).
Who runs Kang Forex?
Companies House lists one director of Kang Forex: Jagvinder Singh Kang.
How long has Kang Forex been in business?
The company was formed on 9 August 2006. Companies House now lists it as dissolved.
What do Kang Forex’s latest accounts show?
Its latest accounts, to 31 March 2025, show total equity of −£20.4k (down £240 from −£20.1k).

Sources and links

The full report on Kang Forex Limited

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