Onafriq UK Limited

Reference number: 612459

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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: 3 background checks

  • When onafriq.com first appeared online, and whether it can receive email
  • What kind of line 0333 444 0785 is
  • Who else gives the postcode EC3M 1JP
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Other names (1)

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

  • MFS Africa UK Limited Former name

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 (1 permission)
  • 6. Money remittance.

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
08435446
Company status
Active
Company type
Private limited company
Incorporated
7 March 2013 (13 years old)
Registered office
51 Eastcheap, London, EC3M 1JP, United Kingdom
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Filip Pierre Nilsson Director Apr 1972 7 Mar 2013 1 other company
Dare Atekou Okoudjou Director Jul 1976 5 Jul 2016 None
Patrick Rudolf Gutmann Director Mar 1973 4 Jan 2021 5 other companies
Olufunmilayo Itinuola Dele-Giwa Secretary Not published 1 Oct 2020 –

Other companies run by these 3 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
5
closed down
1
run together
1

In the full report: all 5 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 3 directors run together
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2021Full accountsNot audited

Turnover

£4,701

No earlier figure to compare

Profit before tax

−£1.80m

No earlier figure to compare

Net assets

−£253k

No earlier figure to compare

Cash at bank

£593k

No earlier figure to compare

Net assets are negative: on its last balance sheet the company owed £253k more than it owned.

* Cash at bank usually includes customers’ money.

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 08435446. 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

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

Key events (8) All events (17)

2023

1 November 2023

  • Changed its registered name from "MFS Africa UK Limited"

FCA register

2021

6 August 2021

  • Onafriq UK Holdings Limited took control (75–100% of shares)

Companies House

2018

30 April 2018

  • Became an authorised payment institution

FCA register

2016

6 April 2016

  • Dare Atekou Okoudjou became a part-owner (25–50% of shares)
  • Dare Atekou Okoudjou stopped being a part-owner

Companies House

2014

16 May 2014

  • Regulated by the FCA from this date

FCA register

2013

1 June 2013

  • Supervised by HMRC under the money laundering rules from this date

FCA register

7 March 2013

  • Incorporated at Companies House

Companies House

In the full report: all 17 events

  • All 17 events in its history (8 shown here)
  • Every director appointment and resignation: 9
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Firms connected to Onafriq UK

Other FCA-listed firms that share a director, phone number or address with Onafriq UK. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Firms like Onafriq UK

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

In London

StoneX Financial LtdLondonAuthorisedReal Transfer LimitedLondonAuthorisedDaytona Capital Management LimitedLondonAuthorisedSable International FX LimitedLondonAuthorisedTrolley Payments UK LtdLondonAuthorisedA N Express LimitedLondonAuthorised

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 Onafriq UK

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

  • 5 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 17 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Onafriq UK Limited FCA authorised?
Yes, Onafriq UK Limited (FRN 612459) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Onafriq UK’s phone number and website?
The FCA register lists the phone number 0333 444 0785 and the website onafriq.com for Onafriq UK. If you were given different contact details, use these to check with the firm before going any further.
Is Onafriq UK a scam or clone?
Onafriq UK 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 Onafriq UK?
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 Onafriq UK to the Financial Ombudsman Service, free of charge.
Who owns Onafriq UK?
Onafriq UK is owned by Onafriq UK Holdings Limited, which holds 75–100% of shares, since 6 August 2021. Before that, it was controlled by Mr Dare Atekou Okoudjou.
Who runs Onafriq UK?
Companies House lists 3 directors of Onafriq UK: Filip Pierre Nilsson, Dare Atekou Okoudjou and Patrick Rudolf Gutmann.
How long has Onafriq UK been in business?
The company was formed on 7 March 2013, and has held its current FCA authorisation since April 2018.
What do Onafriq UK’s latest accounts show?
Its latest accounts, to 31 December 2021, show turnover of £4,701 (no earlier figure to compare) and profit before tax of −£1.80m (no earlier figure to compare).
Does Onafriq UK use any other names?
It has previously used the name MFS Africa UK Limited.

Sources and links

The full report on Onafriq UK Limited

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