Pelican Exchange Limited

Reference number: 739090

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No longer an appointed representative

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. Registration ended 3 March 2016.

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.

  • Last known website

    pelicantrading.io

  • Last known phone number

    020 3475 4516

  • Last known address

    8 Hermitage Street, London, W2 1BE, United Kingdom

In the full report: 3 background checks

  • When pelicantrading.io first appeared online, and whether it can receive email
  • What kind of line 020 3475 4516 is, and the other firm that gives it
  • Who else gives the postcode W2 1BE
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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 status
Active
Company type
Private limited company
Incorporated
12 February 2015 (11 years old)
Registered office
78 York Street, London, W1H 1DP, England
Nature of business
  • Other information technology service activities (SIC 62090)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael Alexander Leonard Read Director May 1979 12 Feb 2015 2 other companies
Peter Ellery Bruce Read Director Jul 1976 12 Feb 2015 3 other companies

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
still active
4
is FCA-registered
1

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
  • The one on the FCA register
  • The 1 company these 2 directors run together
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 28 February 2021Micro-entity accountsNot audited

Net assets

£1.10m

+18% from £931k

Employees (average)

4

−33% from 6

Owed within a year

£212k

−25% from £283k

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 09437275. 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

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

2022

9 March 2022

  • Michael Alexander Leonard Read stopped being a part-owner
  • Peter Ellery Bruce Read stopped being a part-owner

Companies House

2016

6 April 2016

  • Michael Alexander Leonard Read became a part-owner (25–50% of shares)
  • Peter Ellery Bruce Read became a part-owner (25–50% of shares)

Companies House

3 March 2016

  • Stopped being an appointed representative

FCA register

2015

12 February 2015

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (6 shown here)
  • Every director appointment and resignation: 6
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Firms connected to Pelican Exchange

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

connected firms
2
share a director
1
share its phone number
1

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (1), the same phone number (1), the same postcode (2)
  • Who links each one: the named directors, with dates
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Get the full report on Pelican Exchange

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
  • All 12 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Pelican Exchange Limited FCA authorised?
No. Pelican Exchange Limited (FRN 739090) is still listed on the FCA register, but the record is closed: no longer an appointed representative.
Is Pelican Exchange a scam or clone?
Pelican Exchange 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 Pelican Exchange?
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 Pelican Exchange has no cover, because it is no longer permitted to carry it out.
Who owns Pelican Exchange?
Companies House lists no one with significant control of Pelican Exchange now. Before that, it was controlled by Mr Peter Ellery Bruce Read and Mr Michael Alexander Leonard Read.
Who runs Pelican Exchange?
Companies House lists 2 directors of Pelican Exchange: Michael Alexander Leonard Read and Peter Ellery Bruce Read.
How long has Pelican Exchange been in business?
The company was formed on 12 February 2015.
What do Pelican Exchange’s latest accounts show?
Its latest accounts, to 28 February 2021, show net assets of £1.10m (+18% from £931k).

Sources and links

The full report on Pelican Exchange Limited

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