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 10 May 2012.
This FCA record is no longer authorised, but the company is still on the register with FCA registration under FRN 570847 →.
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.
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No website on the FCA register
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No phone number on the FCA register
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Last known address
First Floor, 216-218 Earls Court Road, London, SW5 9QB, United Kingdom
In the full report: 1 background check
- Who else gives the postcode SW5 9QB
Other names (1)
If you were contacted under any of these names, it is this firm.
- Peso Express Trading name: A name it trades under now.
Past FCA permissions and consumer protection
- The record is closedCover 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 name
- HAMAYON EXCHANGE LTD
- Company number
- 02367417 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 31 March 1989 (37 years old)
- Registered office
- 4th Floor, Silverstream House, 45 Fitzroy Street, London, W1T 6EB, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Mustafa Parwani | Director | Jun 1998 | 1 Mar 2024 | None |
In the full report: every company its directors have run
- Confirmation that its director runs no other company
- All 3 people who have been directors, with their dates
Filed accounts and finances
Net assets
£226k
+2.8% from £220k
Cash at bank
£53.2k
+240% from £15.7k
Employees (average)
1
−67% from 3
Owed within a year
£3,810
+27% from £3,000
The accounts for the year to 31 March 2025 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £122k, for the year to 31 March 2021.
The accounts for the year to 31 March 2025 do not tag profit before tax in a form that can be read automatically, so it is not shown. The last tagged figure is £3,515, for the year to 31 March 2024.
Profit before tax
In the full report: all 6 years of accounts
- Every year from 2020 to 2025
- Both charts, 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.
Accounts filed at Companies House for company 02367417. 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
Philippines Remittances Express’s history from the FCA register and Companies House, newest first.
2024
19 July 2024
- Mary Katherine Torno stopped being the majority owner
Companies House
2 May 2024
- Mustafa Parwani became the majority owner (50–75% of shares)
Companies House
2017
11 March 2017
- Mary Katherine Torno became the majority owner (50–75% of shares)
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2012
10 May 2012
- Status on the FCA register became "Cancelled - Small PI"
FCA register
2009
1 November 2009
- Regulated by the Financial Services Authority from this date
FCA register
7 July 2009
- Supervised by HMRC under the money laundering rules from this date
FCA register
1989
31 March 1989
- Incorporated at Companies House
Companies House
In the full report: all 15 events
- All 15 events in its history (8 shown here)
- Every director appointment and resignation: 5
Get the full report on Philippines Remittances Express
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- Every company its directors have run, named
- 1 background check on its contact details
- 6 years of accounts, charted
- All 15 events in its history
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Frequently asked questions about this firm
Is Philippines Remittances Express Ltd FCA authorised?
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What do Philippines Remittances Express’ latest accounts show?
Does Philippines Remittances Express use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk