Lycamoney Financial Services Ltd

Reference number: 900153

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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 7536 6450

  • Address

    Walbrook Buliding, 195 Marsh Wall, South Quay, London, E14 9SG, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 7536 6450 is
  • Who else gives the postcode E14 9SG
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Other names (1)

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

  • Lycaremit 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 (8 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
  • g) Execution of payment transactions via telecoms, IT system or network operator
  • h) Issuing Electronic Money

Limits on what they may do

  • Voluntary Undertaking - Cease new business
    1. With immediate effect, Lycamoney Financial Services Limited (“Lycamoney” or “the Firm”) undertakes: a. To refrain from providing any of the services it is currently registered to provide under as an Authorised Electronic Money Institution (as that term is defined under the Electronic Money Regulations 2011 (the “EMRs”)) which includes accepting any new customer funds, providing payment services (as defined in regulation 2(1) of the Payment Services Regulations 2017 (the “PSRs”)), or issuing or redeeming E-Money, except where specifically agreed with the Authority; b. To refrain from onboarding any new customers without prior written consent from the Authority; and c. That the Firm’s CEO will provide written confirmation each month to the Authority by 3pm on Fridays (except public holidays) that it is in compliance with this Voluntary Undertaking. The Firm will remain bound by the Voluntary Undertaking until such time as it is notified in writing by the Authority that they cease to apply.

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

  • Accounts are overdue at Companies House.
Company name
LYCAMONEY FINANCIAL SERVICES LIMITED
Company number
08662355
Company status
Active
Company type
Private limited company
Incorporated
23 August 2013 (13 years old)
Registered office
3rd Floor, Walbrook Building 195 Marsh Wall, London, E14 9SG
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Baskaran Athimuthulingam Director Jul 1978 27 Sep 2022 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
still active
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 8 people who have ever been directors, with their dates
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Key dates in its history

Lycamoney Financial Services’s history from the FCA register and Companies House, newest first.

Key events (6) All events (23)

2025

18 June 2025

  • FCA imposed a requirement (Voluntary Undertaking - Cease new business)

FCA register

2018

12 July 2018

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

FCA register

2016

6 April 2016

  • Allirajah Subaskaran took control (75–100% of shares)

Companies House

2014

1 November 2014

  • Regulated by the FCA from this date

FCA register

2013

23 August 2013

  • Incorporated at Companies House

Companies House

In the full report: all 23 events

  • All 23 events in its history (6 shown here)
  • Every director appointment and resignation: 15
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Firms like Lycamoney Financial Services

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

In London

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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 Lycamoney Financial Services

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
  • All 23 events in its history

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Frequently asked questions about this firm

Is Lycamoney Financial Services Ltd FCA authorised?
Yes, Lycamoney Financial Services Ltd (FRN 900153) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2018 and works as a payment or money transfer firm. The FCA has placed a limit on what it may do.
What is Lycamoney Financial Services’ phone number?
The FCA register lists the phone number 020 7536 6450 for Lycamoney Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Lycamoney Financial Services a scam or clone?
Lycamoney Financial Services 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 Lycamoney Financial Services?
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 Lycamoney Financial Services to the Financial Ombudsman Service, free of charge.
Who owns Lycamoney Financial Services?
Companies House lists one person with significant control of Lycamoney Financial Services: Mr Allirajah Subaskaran (75–100% of shares).
Who runs Lycamoney Financial Services?
Companies House lists one director of Lycamoney Financial Services: Baskaran Athimuthulingam.
How long has Lycamoney Financial Services been in business?
The company was formed on 23 August 2013, and has held its current FCA authorisation since July 2018.
Does Lycamoney Financial Services use any other names?
It trades as Lycaremit.

Sources and links

The full report on Lycamoney Financial Services Ltd

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