Paaysay Ltd
Reference number: 665640
Instant download
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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Phone number
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Address
Suite 3, Floor 3, Exchange Station, Tithebarn Street, Liverpool, L2 2QP, United Kingdom
In the full report: 3 background checks
- When paysay.co.uk first appeared online, and whether it can receive email
- What kind of line 020 7097 7160 is
- Who else gives the postcode L2 2QP
Other names (1)
If you were contacted under any of these names, it is this firm.
- PaySay 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 (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.
- Company number
- 09272315 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 20 October 2014 (12 years old)
- Registered office
- Suite 3, Floor 3 Exchange Station, Tithebarn Street, Liverpool, England, L2 2QP, United Kingdom
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Zahid Mehmood Khan | Director | Dec 1982 | 1 Nov 2014 | 4 other companies |
| Michele Giacomel | Director | May 1970 | 1 Feb 2021 | 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
- 4
- closed down
- 4
In the full report: all 4 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 4 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£3.97m
+4.3% from £3.81m
Cash at bank
£75.2k
No earlier figure to compare
Employees (average)
5
Same as 5
Owed within a year
£6,254
−64% from £17.5k
* Cash at bank usually includes customers’ money.
Assets and liabilities
In the full report: all 5 years of accounts
- Every year from 2020 to 2025
- The chart, over every year
- Every filed figure, year by year
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 09272315. 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
Paaysay’s history from the FCA register and Companies House, newest first.
2021
1 March 2021
- Farrukh Khurshid Mian stopped being a part-owner
Companies House
1 February 2021
- Michele Giacomel became the majority owner (50–75% of shares)
Companies House
2018
2 May 2018
- Became an authorised payment institution
FCA register
20 April 2018
- Farrukh Khushid Mian gave up control
Companies House
2016
6 April 2016
- Farrukh Khurshid Mian became a part-owner (25–50% of shares)
- Farrukh Khushid Mian took control (75–100% of shares)
Companies House
2015
21 August 2015
- Regulated by the FCA from this date
FCA register
23 February 2015
- Supervised by HMRC under the money laundering rules from this date
FCA register
2014
20 October 2014
- Incorporated at Companies House
Companies House
In the full report: all 16 events
- All 16 events in its history (9 shown here)
- Every director appointment and resignation: 6
Firms connected to Paaysay
Other FCA-listed firms that share a director, phone number or address with Paaysay. 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
Firms like Paaysay
Other firms of the same type (payment or money transfer firm), nearest first.
In Liverpool
Elsewhere in the UK
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 Paaysay
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 4 other companies its directors have run, named
- 3 background checks on its contact details
- 5 years of accounts, charted
- All 16 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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How long has Paaysay been in business?
What do Paaysay’s latest accounts show?
Does Paaysay use any other names?
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