No longer authorised
This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 13 March 2023.
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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Last known address
C/O The Official Receiver Or London, 4 Abbey Orchard Street, London, SW1P 2HT, United Kingdom
In the full report: 1 background check
- Who else gives the postcode SW1P 2HT
Other names (3)
If you were contacted under any of these names, it is this firm.
- Imperial Foreign Exchange Trading name: A name it trades under now.
- Oi! Brasil Limited Former name: A name it was registered under before.
- BRmoney Transfer Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- The record is closedCover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.
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
- Companies House records this company as dissolved.
- This company has insolvency history on record.
- Company number
- 06251816 (opens Companies House in a new tab)
- Company status
- Dissolved
- Company type
- Private limited company
- Incorporated
- 18 May 2007 (19 years old)
- Registered office
- Moda Business Centre, Stirling Way, Borehamwood, Hertfordshire, WD6 2BW
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Shabir Ahmed Raidhan | Director | Jul 1961 | 9 Mar 2015 | 11 other companies |
| Ali Alani | Director | Aug 1981 | 14 Mar 2016 | None |
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
- 11
- closed down
- 6
- still active
- 5
In the full report: all 11 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
- All 7 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£619k
+30% from £475k
Owed within a year
£1.12m
−19% from £1.39m
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 06251816. 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
Oi Brasil Finance’s history from the FCA register and Companies House, newest first.
2023
21 March 2023
- Company dissolved
Companies House
13 March 2023
- No longer regulated by the FCA
- No longer regulated by the Financial Services Authority
- No longer supervised by HMRC
- Status on the FCA register became "Cancelled - Authorised PI"
FCA register
2016
21 October 2016
- Ali Alani took control (75–100% of votes)
Companies House
2014
3 April 2014
- Changed its registered name from "Oi! Brasil Limited"
FCA register
1 January 2014
- Board replaced: its only director left and a new director took over
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2011
5 December 2011
- Regulated by the Financial Services Authority from this date
- Supervised by HMRC under the money laundering rules from this date
FCA register
2007
18 May 2007
- Incorporated at Companies House
Companies House
In the full report: all 27 events
- All 27 events in its history (12 shown here)
- Every director appointment and resignation: 12
Firms like Oi Brasil Finance
Other firms of the same type (payment or money transfer firm), nearest first.
In London
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Get the full report on Oi Brasil Finance
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 11 other companies its directors have run, named
- 1 background check on its contact details
- All 27 events in its history
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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
- Report a scam to the FCA fca.org.uk