Payescape Ltd

Reference number: 651097

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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 11 January 2019.

This FCA record is no longer authorised, but the company is still on the register with full FCA authorisation under FRN 821826 →.

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

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

  • Last known phone number

    028 2764 1060

  • Last known address

    2 Riada Avenue, Ballymoney, County Antrim, BT53 7LH, United Kingdom

In the full report: 2 background checks

  • What kind of line 028 2764 1060 is
  • Who else gives the postcode BT53 7LH
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Past FCA permissions and consumer protection

  • The record is closed
    Cover 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.

Company number
NI625726
Company status
Active
Company type
Private limited company
Incorporated
17 July 2014 (12 years old)
Registered office
18-20 Church Street, Ballymoney, BT53 6DL, Northern Ireland
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
John Borland Director Jun 1964 17 Jul 2014 11 other companies
Steven Ira Sarowitz Director Nov 1965 17 Jul 2014 None
Vanessa Hamilton Director Aug 1976 1 Sep 2025 None

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
11
closed down
1
still active
10

In the full report: all 11 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
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Filed accounts and finances

Year to 31 March 2024Abridged accountsNot audited

Net assets

£1.28m

+51% from £851k

Cash at bank

£22.3m

−2.6% from £22.9m

Employees (average)

73

+52% from 48

Owed within a year

£21.8m

−4% from £22.7m

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2020 to 2024
  • The chart, over every year
  • Every filed figure, year by year
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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 NI625726. 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

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

Key events (8) All events (11)

2019

13 January 2019

  • No longer regulated by the FCA

FCA register

11 January 2019

  • Status on the FCA register became "Cancelled - Small PI"

FCA register

2018

17 July 2018

  • Adrian Geffert no longer has significant control

Companies House

2017

17 July 2017

  • Adrian Geffert gained significant control
  • Steven Ira Sarowitz became a part-owner (25–50% of shares)

Companies House

2016

16 July 2016

  • John Borland became a part-owner (25–50% of shares)

Companies House

2014

22 October 2014

  • Regulated by the FCA from this date

FCA register

17 July 2014

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (8 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Payescape

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Get the full report on Payescape

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
  • 2 background checks on its contact details
  • 5 years of accounts, charted
  • All 11 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Payescape Ltd FCA authorised?
No. Payescape Ltd (FRN 651097) is still listed on the FCA register, but the record is closed: no longer authorised.
Is Payescape a scam or clone?
Payescape is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Payescape?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Payescape has no cover, because it is no longer permitted to carry it out.
Who owns Payescape?
Companies House lists 2 people with significant control of Payescape: Mr Steven Ira Sarowitz (25–50% of shares) and Mr John Borland (25–50% of shares). Before that, it was controlled by Mr Adrian Geffert.
Who runs Payescape?
Companies House lists 3 directors of Payescape: John Borland, Steven Ira Sarowitz and Vanessa Hamilton.
How long has Payescape been in business?
The company was formed on 17 July 2014.
What do Payescape’s latest accounts show?
Its latest accounts, to 31 March 2024, show net assets of £1.28m (+51% from £851k) and cash at bank of £22.3m (−2.6% from £22.9m).

Sources and links

The full report on Payescape Ltd

£19.99 · Instant PDF download

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