Keel Money Ltd

Reference number: 1020783

Instant download

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.

In the full report: 3 background checks

  • When keel.money first appeared online, and whether it can receive email
  • What kind of line 0800 058 4264 is
  • Who else gives the postcode M30 0DR
Instant PDF download
Other names (3)

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

  • Frost Money Trading name
  • Keel Trading name
  • FROST MONEY LTD Former 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 (9 permissions)
  • a) Services enabling cash placement on a payment account
  • b) Services enabling cash withdrawals from a payment account
  • c) Execution of payment transactions (not covered by a credit line)
  • d) Execution of payment transactions (covered by a credit line)
  • e) Issuing payment instruments or acquiring payment transactions
  • f) Money remittance
  • h) Issuing Electronic Money
  • i) Payment initiation services
  • j) Account information services

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
12231881
Company status
Active
Company type
Private limited company
Incorporated
27 September 2019 (7 years old)
Registered office
Fortunata House, Ground Floor, 15 Wellington Road, Eccles, Manchester, M30 0DR, England
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Pawel Piotr Oltuszyk Director Jan 1987 27 Sep 2019 None
Edyta Sliwinska Director Jun 1983 27 Sep 2019 1 other company
Andrew Willfred Mark Jennings Director May 1971 30 Jan 2023 7 other companies

Other companies run by these 3 directors

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
8
closed down
2
still active
6

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
Instant PDF download

Filed accounts and finances

16 months to 31 December 2024Micro-entity accountsNot audited

Total equity

−£1.41m

Down £252k from −£1.15m

Employees (average)

3

−40% from 5

Owed within a year

£1.74m

+19% from £1.46m

Total equity is negative: on its last balance sheet the company owed £1.41m more than it owned.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
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 12231881. 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

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

Key events (7) All events (13)

2026

11 March 2026

  • Changed its registered name from "FROST MONEY LTD"

FCA register

2025

14 October 2025

  • Regulated by the FCA from this date
  • Became an authorised e-money institution

FCA register

2024

19 November 2024

  • Keel Holdings Ltd took control (75–100% of shares)
  • Pawel Piotr Oltuszyk gave up control

Companies House

2019

27 September 2019

  • Incorporated at Companies House
  • Pawel Piotr Oltuszyk took control (75–100% of shares)

Companies House

In the full report: all 13 events

  • All 13 events in its history (7 shown here)
  • Every director appointment and resignation: 3
Instant PDF download

Firms like Keel Money

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

In Manchester

Ace Money Transfer LimitedManchesterAuthorisedHammock Financial Services LtdManchesterRegisteredAce Union LimitedManchesterAuthorisedBayze Trading LtdManchesterRegisteredDebit Direct LtdManchesterAuthorisedEasy Cash Card LimitedManchesterRegistered

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 Keel Money

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

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 13 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Keel Money Ltd FCA authorised?
Yes, Keel Money Ltd (FRN 1020783) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2025 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Keel Money’s phone number and website?
The FCA register lists the phone number 0800 058 4264 and the website keel.money for Keel Money. If you were given different contact details, use these to check with the firm before going any further.
Is Keel Money a scam or clone?
Keel Money 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 Keel Money?
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 Keel Money to the Financial Ombudsman Service, free of charge.
Who owns Keel Money?
Keel Money is owned by Keel Holdings Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 19 November 2024. Before that, it was controlled by Mr Pawel Piotr Oltuszyk.
Who runs Keel Money?
Companies House lists 3 directors of Keel Money: Pawel Piotr Oltuszyk, Edyta Sliwinska and Andrew Willfred Mark Jennings.
How long has Keel Money been in business?
The company was formed on 27 September 2019, and has held its current FCA authorisation since October 2025.
What do Keel Money’s latest accounts show?
Its latest accounts, to 31 December 2024, show total equity of −£1.41m (down £252k from −£1.15m).
Does Keel Money use any other names?
It trades as Frost Money and Keel. It has previously used the name FROST MONEY LTD.

Sources and links

The full report on Keel Money Ltd

£19.99 · Instant PDF download

Loading secure checkout…