Nsave Ltd

Reference number: 1047531

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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.

In the full report: 2 background checks, 1 thing worth a closer look

  • When nsave.com first appeared online, and whether it can receive email
  • Whether EC1V 2NX is a shared office: 214 other firms give it
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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 (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

  • Account information services and payment initiation services
    The institution is required to refrain from providing account information services or payment initiation services for an indefinite period.
  • Agents and distributors
    The institution will not onboard any agents or distributors.
  • Unrelated payment services
    The institution 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
14337994
Company status
Active
Company type
Private limited company
Incorporated
5 September 2022 (4 years old)
Registered office
124 City Road, London, EC1V 2NX, United Kingdom
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Abdallah Anees Abuhashem Director Dec 1997 15 Jun 2023 2 other companies
Amer Baroudi Director Apr 1993 15 Jun 2023 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
2
still active
2
run together
2

In the full report: all 2 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 2 companies these 2 directors run together
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£1.25m

+254% from £355k

Cash at bank

£1.53m

+491% from £258k

Employees (average)

17

+89% from 9

* 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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 14337994. 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

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

Key events (6) All events (11)

2026

24 September 2026

  • Regulated by the FCA from this date
  • FCA imposed a requirement (Account information services and payment initiation services)
  • FCA imposed a requirement (Agents and distributors)
  • FCA imposed a requirement (Unrelated payment services)
  • Became an authorised e-money institution

FCA register

2022

5 September 2022

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (6 shown here)
  • Every director appointment and resignation: 4
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Firms like Nsave

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

In London

Uber Payments UK LimitedLondonAuthorisedWise Payments LimitedLondonAuthorisedForisgfs UK LimitedLondonAuthorisedWepay Payments Ltd.LondonAuthorisedAirbnb Payments UK LimitedLondonAuthorisedMollie UK Ltd.LondonAuthorised

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 Nsave

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

  • 2 other companies its directors have run, named
  • 2 background checks on its contact details, 1 flagged
  • All 11 events in its history

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Frequently asked questions about this firm

Is Nsave Ltd FCA authorised?
Yes, Nsave Ltd (FRN 1047531) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since September 2026 and works as a payment or money transfer firm. The FCA has placed 3 limits on what it may do.
What is Nsave’s website?
The FCA register lists the website nsave.com for Nsave. If you were given different contact details, use these to check with the firm before going any further.
Is Nsave a scam or clone?
Nsave 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 Nsave?
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 Nsave to the Financial Ombudsman Service, free of charge.
Who runs Nsave?
Companies House lists 2 directors of Nsave: Abdallah Anees Abuhashem and Amer Baroudi.
How long has Nsave been in business?
The company was formed on 5 September 2022, and has held its current FCA authorisation since September 2026.
What do Nsave’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £1.25m (+254% from £355k) and cash at bank of £1.53m (+491% from £258k).

Sources and links

The full report on Nsave Ltd

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