Mercury Foreign Exchange Limited

Reference number: 900858

Instant download

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, 1 thing worth a closer look

  • When mercury.global first appeared online, and whether it can receive email
  • What kind of line 020 7199 3790 is
  • Who else gives the postcode SW19 1QT
Instant PDF download
Other names (1)

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

  • Mercury FX Trading name: A name it trades under now.

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

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 status
Active
Company type
Private limited company
Incorporated
5 December 2007 (18 years old)
Registered office
5 Approach Road, Raynes Park, London, SW20 8BA, England
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Alastair Constance Director Feb 1980 5 Dec 2007 7 other companies
Matthew Robert Collins Director Oct 1978 25 Sep 2017 2 other companies

Other companies run by these 2 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
6
run together
1

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 2 directors run together
Instant PDF download

Filed accounts and finances

Year to 31 December 2024Full accountsAudited

Turnover

£551k

−32% from £811k

Profit before tax

−£577k

Down £317k from −£260k

Net assets

£501k

−14% from £584k

Cash at bank

£104k

−69% from £333k

* Cash at bank usually includes customers’ money.

Turnover and profit

In the full report: all 6 years of accounts

  • Every year from 2018 to 2024
  • Both charts, 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.

Accounts filed at Companies House for company 06445887. 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

Mercury Foreign Exchange’s history from the FCA register and Companies House, newest first.

2024

12 December 2024

  • Simon Boddy stopped being a part-owner

Companies House

2018

13 July 2018

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

FCA register

2016

6 April 2016

  • Alastair Constance became a part-owner (25–50% of shares)
  • Simon Boddy became a part-owner (25–50% of shares)

Companies House

2007

5 December 2007

  • Incorporated at Companies House

Companies House

In the full report: all 9 events

  • All 9 events in its history (6 shown here)
  • Every director appointment and resignation: 2
Instant PDF download

Firms like Mercury Foreign Exchange

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

In London

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 Mercury Foreign Exchange

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, 1 flagged
  • 6 years of accounts, charted
  • All 9 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Mercury Foreign Exchange Limited FCA authorised?
Yes, Mercury Foreign Exchange Limited (FRN 900858) 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 no limits on its permissions.
What is Mercury Foreign Exchange’s phone number and website?
The FCA register lists the phone number 020 7199 3790 and the website mercury.global for Mercury Foreign Exchange. If you were given different contact details, use these to check with the firm before going any further.
Is Mercury Foreign Exchange a scam or clone?
Mercury Foreign Exchange 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 Mercury Foreign Exchange?
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 Mercury Foreign Exchange to the Financial Ombudsman Service, free of charge.
Who owns Mercury Foreign Exchange?
Companies House lists one person with significant control of Mercury Foreign Exchange: Mr Alastair Constance (25–50% of shares). Before that, it was controlled by Mr Simon Boddy.
Who runs Mercury Foreign Exchange?
Companies House lists 2 directors of Mercury Foreign Exchange: Alastair Constance and Matthew Robert Collins.
How long has Mercury Foreign Exchange been in business?
The company was formed on 5 December 2007, and has held its current FCA authorisation since July 2018.
What do Mercury Foreign Exchange’s latest accounts show?
Its latest accounts, to 31 December 2024, show turnover of £551k (−32% from £811k) and profit before tax of −£577k (down £317k from −£260k).
Does Mercury Foreign Exchange use any other names?
It trades as Mercury FX.

Sources and links

The full report on Mercury Foreign Exchange Limited

£19.99 · Instant PDF download

Loading secure checkout…