Monese Ltd
Reference number: 900960
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Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
This company holds another FCA record
A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.
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.
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No phone number on the FCA register
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Address
Eagle House, 163 City Road, London, EC1V 1NR, United Kingdom
In the full report: 2 background checks
- When monese.com first appeared online, and whether it can receive email
- Who else gives the postcode EC1V 1NR
Other names (1)
If you were contacted under any of these names, it is this firm.
- Monese.com Trading name: A name it trades under now.
FCA permissions and consumer protection
- Handle payments & transfers Funds safeguardedYour 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, freeYou 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.
Concerns on the company record
- Confirmation statement is overdue at Companies House.
- Company number
- 08720992 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 7 October 2013 (13 years old)
- Registered office
- Eagle House, 163 City Road, London, EC1V 1NR, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Virraj Bharatkumar Jatania | Director | Mar 1988 | 17 Dec 2024 | 5 other companies |
| Malcolm Le May | Director | Jan 1958 | 17 Dec 2024 | None |
| Mark Newton-Jones | Director | May 1967 | 17 Dec 2024 | 1 other company |
| Denis Shafranik | Director | Jun 1981 | 17 Dec 2024 | 16 other companies |
Other companies run by these 4 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
- 20
- closed down
- 2
- are FCA-registered
- 3
In the full report: all 20 companies, named
- What each company does, and whether it is still trading
- Which of these 4 directors sit on each board, and since when
- Any that went into liquidation or administration
- The 3 on the FCA register
- The 2 companies these 4 directors run together
- All 20 people who have ever been directors, with their dates
Filed accounts and finances
Turnover
£12.2m
Not compared: the previous accounts cover a different length of time
Profit before tax
−£15.9m
Not compared: the previous accounts cover a different length of time
Net assets
£5.23m
−39% from £8.60m
Cash at bank
£6.16m
−52% from £12.7m
* Cash at bank usually includes customers’ money.
Assets and liabilities
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 08720992. 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
Monese’s history from the FCA register and Companies House, newest first.
2024
17 December 2024
- Board replaced: all 4 directors left and 5 new directors took over
- Norris Koppel no longer has significant control
- Pockit Limited took control (75–100% of shares)
Companies House
2022
2 September 2022
- Kinnevik Ab (Publ) stopped being a part-owner
Companies House
2020
28 July 2020
- Kinnevik Ab (Publ) became a part-owner (25–50% of shares)
Companies House
2019
12 November 2019
- Regulated by the FCA from this date
- Became an authorised e-money institution
FCA register
2016
6 April 2016
- Norris Koppel gained significant control
Companies House
2013
7 October 2013
- Incorporated at Companies House
Companies House
In the full report: all 47 events
- All 47 events in its history (9 shown here)
- Every director appointment and resignation: 36
Firms connected to Monese
Other FCA-listed firms that share a director, phone number or address with Monese. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 3
- share a director
- 3
- share its postcode
- 1
In the full report: all 3 connected firms, named
- How each is linked: shared directors (3), the same postcode (1)
- Who links each one: the named directors, with dates
Firms like Monese
Other firms of the same type (payment or money transfer firm), nearest first.
In the Central London (EC) postcode area
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 Monese
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 20 other companies its directors have run, named
- 2 background checks on its contact details
- All 47 events in its history
- 3 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- How safeguarding works fca.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk