Payment Assist Ltd

Reference number: 622544

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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 payment-assist.co.uk first appeared online, and whether it can receive email
  • What kind of line 01664 503151 is, and the other firm that gives it
  • Who else gives the postcode LE13 0PB
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FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • 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 (3 permissions)
  • Credit Broking
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

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 status
Active
Company type
Private limited company
Incorporated
29 October 2013 (13 years old)
Registered office
Pera Business Park, Nottingham Road, Melton Mowbray, Leicestershire, LE13 0PB, England
Nature of business
  • Other information technology service activities (SIC 62090)
  • Other credit granting not elsewhere classified (SIC 64929)

Directors and company secretaries

Name Role Born Appointed Other companies
James Brian Andrew Smeed Director Jun 1984 30 Mar 2023 2 other companies
Marcus Gregory Director Dec 1970 8 Apr 2024 5 other companies
Alan Clarke Director Jul 1950 1 Dec 2025 1 other company
Lesley Anne Crossley Secretary Not published 19 Dec 2024 –

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
7
closed down
1
is FCA-registered
1

In the full report: all 7 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 one on the FCA register
  • The 1 company these 3 directors run together
  • All 6 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2021Small company accountsAudited

Net assets

£570k

−64% from £1.60m

Cash at bank

£428k

+558% from £65.0k

Employees (average)

31

+48% from 21

Owed within a year

£20.4m

+7.8% from £19.0m

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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 08752986. 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

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

2022

1 June 2022

  • Colin James Ellard stopped being a part-owner
  • Manx Ventures Limited became the majority owner (50–75% of shares)
  • Manx Ventures Limited stopped being the majority owner
  • Neil Barry Jeffery stopped being a part-owner

Companies House

2016

6 April 2016

  • Colin James Ellard became a part-owner (25–50% of shares)
  • Neil Barry Jeffery became a part-owner (25–50% of shares)

Companies House

2014

2 October 2014

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2013

29 October 2013

  • Incorporated at Companies House

Companies House

In the full report: all 20 events

  • All 20 events in its history (9 shown here)
  • Every director appointment and resignation: 9
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Firms connected to Payment Assist

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

connected firm
1
share its phone number
1
past link
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1)
  • Who links it to this firm: the named directors, with dates
  • 1 past link through former directors
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Firms like Payment Assist

Other firms of the same type (lender), nearest first.

In Melton Mowbray

In the Leicester (LE) postcode area

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 Payment Assist

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

  • 7 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 20 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Payment Assist Ltd FCA authorised?
Yes, Payment Assist Ltd (FRN 622544) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2014 and works as a lender. The FCA has placed no limits on its permissions.
What is Payment Assist’s phone number and website?
The FCA register lists the phone number 01664 503151 and the website payment-assist.co.uk for Payment Assist. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Payment Assist a scam or clone?
Payment Assist 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 Payment Assist?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Payment Assist handles your money, so check the specific product before you commit. You can also refer complaints about Payment Assist to the Financial Ombudsman Service, free of charge.
Who owns Payment Assist?
Companies House lists no one with significant control of Payment Assist now. Before that, it was controlled by Manx Ventures Limited, Mr Neil Barry Jeffery and Mr Colin James Ellard.
Who runs Payment Assist?
Companies House lists 3 directors of Payment Assist: James Brian Andrew Smeed, Marcus Gregory and Alan Clarke.
How long has Payment Assist been in business?
The company was formed on 29 October 2013, and has held its current FCA authorisation since October 2014.
What do Payment Assist’s latest accounts show?
Its latest accounts, to 31 December 2021, show net assets of £570k (−64% from £1.60m) and cash at bank of £428k (+558% from £65.0k).

Sources and links

The full report on Payment Assist Ltd

£19.99 · Instant PDF download

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