Paid Technology Ltd: FCA regulated?

On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

Registered for 5 years
No FCA actions
Active company since 2018
Accounts filed up to 30 April 2026
On its latest accounts it owed £4.11m more than it owned

What does this mean?

Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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.

No website on the FCA register
No phone number on the FCA register
Address

Great North House, 20 Alington Way, Darlington, DL1 4QB, United Kingdom

In the full report: 1 background check

Who else gives the postcode DL1 4QB

Past FCA permissions and consumer protection

Money-laundering registration only
This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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: 11557688 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 7 September 2018 (8 years old)
Registered office: Great North House, 20 Allington Way, Darlington, DL1 4QB, United Kingdom
Nature of business: Business and domestic software development (SIC 62012)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Thomas Frazer Howsam	Director	Dec 1981	7 Sep 2018	3 other companies

Other companies run by its director

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: 3
still active: 3

In the full report: all 3 companies, named

What each company does, and whether it is still trading
Which of its director sits on each board, and since when
Any that went into liquidation or administration
All 2 people who have ever been directors, with their dates

Filed accounts and finances

Year to 30 April 2026Micro-entity accountsNot audited

Net assets

−£4.11m

Down £225k from −£3.88m

Employees (average)

4

+33% from 3

Owed within a year

£4.03m

+1.3% from £3.98m

Net assets are negative: on its last balance sheet the company owed £4.11m more than it owned.

Assets and liabilities

In the full report: all 8 years of accounts

Every year from 2019 to 2026
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 11557688. 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

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

Key events (5) All events (8)

2021

3 June 2021

Registered with the FCA

FCA register

2018

21 December 2018

Paid Group Ltd took control (75–100% of shares)
Thomas Frazer Howsam gave up control

Companies House

7 September 2018

Incorporated at Companies House
Thomas Frazer Howsam took control (75–100% of shares)

Companies House

In the full report: all 8 events

All 8 events in its history (5 shown here)
Every director appointment and resignation: 3

Get the full report on Paid Technology

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

3 other companies its directors have run, named
1 background check on its contact details
8 years of accounts, charted
All 8 events in its history

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Frequently asked questions about this firm

Is Paid Technology Ltd FCA authorised?

Paid Technology Ltd (FRN 949478) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.

Is Paid Technology a scam or clone?

Paid Technology is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.

Is my money safe with Paid Technology?

Money you hand to Paid Technology is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

Who owns Paid Technology?

Paid Technology is owned by Paid Group Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 21 December 2018. Before that, it was controlled by Mr Thomas Frazer Howsam.

Who runs Paid Technology?

Companies House lists one director of Paid Technology: Thomas Frazer Howsam.

How long has Paid Technology been in business?

The company was formed on 7 September 2018.

What do Paid Technology’s latest accounts show?

Its latest accounts, to 30 April 2026, show net assets of −£4.11m (down £225k from −£3.88m).