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.
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No website on the FCA register
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No phone number on the FCA register
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Address
86-90 Paul Street, London, EC2A 4NE, United Kingdom
In the full report: 1 background check, 1 thing worth a closer look
- Whether EC2A 4NE is a shared office: 82 other firms give it
Other names (3)
If you were contacted under any of these names, it is this firm.
- Navro Trading name: A name it trades under now.
- Nayro Payments Limited Former name: A name it was registered under before.
- Paytrix UK Limited Former name: A name it was registered under before.
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 (7 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
Limits on what they may do
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Provision of e-money services
The firm will not provide e-money services to retail clients.
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Agents and distributors
The firm will not onboard any agents or use any distributors.
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Unrelated payment services
The firm will not provide any payment services which are not related to the issuing of e-money (i.e. unrelated payment 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
- 14173853 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 15 June 2022 (4 years old)
- Registered office
- 86-90 Paul Street, 3rd Floor, London, EC2A 4NE, 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 |
|---|---|---|---|---|
| Aran Michael Brown | Director | Apr 1986 | 15 Jun 2022 | 8 other companies |
| Edward Robert Harrison | Director | Jul 1985 | 15 Jun 2022 | 1 other company |
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
- 5
- is FCA-registered
- 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 one on the FCA register, including one no longer authorised
- The 1 company these 2 directors run together
Filed accounts and finances
Turnover
£2.49m
Up £2.48m from £2,679
Profit before tax
£215k
From a loss of £329k
Total equity
£2.20m
+13% from £1.96m
Cash at bank
£5.89m
+222% from £1.83m
* Cash at bank usually includes customers’ money.
Turnover and profit
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 14173853. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Navro Payments’s history from the FCA register and Companies House, newest first.
2024
5 August 2024
- Aran Michael Brown stopped being a part-owner
Companies House
26 June 2024
- Edward Robert Harrison stopped being a part-owner
Companies House
8 February 2024
- Changed its registered name from "Nayro Payments Limited"
FCA register
22 January 2024
- Changed its registered name from "Paytrix UK Limited"
FCA register
2023
31 August 2023
- Regulated by the FCA from this date
- FCA imposed a requirement (Agents and distributors)
- FCA imposed a requirement (Provision of e-money services)
- FCA imposed a requirement (Unrelated payment services)
- Became an authorised e-money institution
FCA register
2022
15 June 2022
- Incorporated at Companies House
- Aran Michael Brown became a part-owner (25–50% of shares)
- Edward Robert Harrison became a part-owner (25–50% of shares)
- Navro Holdings Limited took control (75–100% of shares)
Companies House
In the full report: all 16 events
- All 16 events in its history (13 shown here)
- Every director appointment and resignation: 2
Firms connected to Navro Payments
Other FCA-listed firms that share a director, phone number or address with Navro Payments. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- no longer authorised
- 1
- share a director
- 1
In the full report: the connected firm, named
- How it is linked: shared directors (1)
- Who links it to this firm: the named directors, with dates
Firms like Navro Payments
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 Navro Payments
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
- 1 background check on its contact details, 1 flagged
- All 16 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
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How long has Navro Payments been in business?
What do Navro Payments’ latest accounts show?
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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