Pearl Payments Limited

Reference number: 629099

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Registered with the FCA

This firm is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.

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, 2 things worth a closer look

  • When remitally.com first appeared online, and whether it can receive email
  • What kind of line 07459 832226 is
  • Whether WC2H 9JQ is a shared office: 188 other firms give it
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Other names (2)

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

  • RemitAlly Trading name
  • Alalamiya Exchange Limited Former name

FCA permissions and consumer protection

  • Handle payments & transfers No FSCS cover
    Safeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.
  • 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.

Company number
09110151
Company status
Active
Company type
Private limited company
Incorporated
1 July 2014 (12 years old)
Registered office
71-75 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Joseph Ndubisi Nwadukwe Director Jun 1974 15 Jul 2022 1 other company
Julius Oluwafunmisho Okedele Director Apr 1972 6 Mar 2026 1 other company
Omolara Mojibola Adebiyi Director Dec 1976 6 Mar 2026 1 other company

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
3
still active
3

In the full report: all 3 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
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 July 2025Micro-entity accountsNot audited

Net assets

£1,624

−33% from £2,431

Employees (average)

0

Same as 0

Owed within a year

£1,413

−29% from £1,993

Net assets

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • 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 09110151. 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

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

Key events (8) All events (20)

2024

18 July 2024

  • Changed its registered name from "Alalamiya Exchange Limited"

FCA register

2023

25 July 2023

  • Ali Salloomi Hameed gave up control

Companies House

2022

15 July 2022

  • Joseph Ndubisi Nwadukwe took control (75–100% of shares)

Companies House

2018

5 July 2018

  • Registered as a small payment institution

FCA register

2016

1 July 2016

  • Ali Salloomi Hameed took control (25–50% of shares)

Companies House

2014

5 August 2014

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

FCA register

25 July 2014

  • Regulated by the FCA from this date

FCA register

1 July 2014

  • Incorporated at Companies House

Companies House

In the full report: all 20 events

  • All 20 events in its history (8 shown here)
  • Every director appointment and resignation: 11
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Firms like Pearl Payments

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

In London

StoneX Financial LtdLondonAuthorisedReal Transfer LimitedLondonAuthorisedOnafriq UK LimitedLondonAuthorisedDaytona Capital Management LimitedLondonAuthorisedSable International FX LimitedLondonAuthorisedTrolley Payments UK LtdLondonAuthorised

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 Pearl Payments

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
  • 3 background checks on its contact details, 2 flagged
  • 7 years of accounts, charted
  • All 20 events in its history

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Frequently asked questions about this firm

Is Pearl Payments Limited FCA authorised?
Yes, Pearl Payments Limited (FRN 629099) is registered with the FCA and permitted to provide its regulated services.
What is Pearl Payments’ phone number and website?
The FCA register lists the phone number 07459 832226 and the website remitally.com for Pearl Payments. If you were given different contact details, use these to check with the firm before going any further.
Is Pearl Payments a scam or clone?
Pearl Payments 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 Pearl Payments?
Protection depends on which product you hold and how Pearl Payments handles your money, so check the specific product before you commit. You can also refer complaints about Pearl Payments to the Financial Ombudsman Service, free of charge.
Who owns Pearl Payments?
Companies House lists one person with significant control of Pearl Payments: Mr Joseph Ndubisi Nwadukwe (75–100% of shares). Before that, it was controlled by Mr Ali Salloomi Hameed.
Who runs Pearl Payments?
Companies House lists 3 directors of Pearl Payments: Joseph Ndubisi Nwadukwe, Julius Oluwafunmisho Okedele and Omolara Mojibola Adebiyi.
How long has Pearl Payments been in business?
The company was formed on 1 July 2014, and has held its current FCA authorisation since July 2018.
What do Pearl Payments’ latest accounts show?
Its latest accounts, to 31 July 2025, show net assets of £1,624 (−33% from £2,431).
Does Pearl Payments use any other names?
It trades as RemitAlly. It has previously used the name Alalamiya Exchange Limited.

Sources and links

The full report on Pearl Payments Limited

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