Power Transfer Limited

Reference number: 503127

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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

  • When pwtransfer.com first appeared online, and whether it can receive email
  • What kind of line 020 7229 4370 is
  • Who else gives the postcode W2 4SA
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Other names (3)

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

  • Power Foreign Exchange & Money Transfers Ltd Former name
  • Power Money Transfer Former trading name
  • Power Transfers Former trading 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
06783402
Company status
Active
Company type
Private limited company
Incorporated
6 January 2009 (17 years old)
Registered office
27 Redan Place, Suite 1, London, W2 4SA, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Leandro Rodrigo Militello Director Aug 1980 1 Sep 2010 1 other company

Other companies run by its director

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 company
1
closed down
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 January 2026Small company accountsNot audited

Net assets

£7,324

−53% from £15.6k

Cash at bank

£12.6k

−53% from £26.8k

Employees (average)

1

−50% from 2

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • 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 06783402. 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

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

Key events (7) All events (15)

2018

20 September 2018

  • Changed its registered name from "Power Foreign Exchange & Money Transfers Ltd"
  • Registered as a small payment institution

FCA register

2016

31 December 2016

  • Director Leandro Rodrigo Militello took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2009

1 November 2009

  • Regulated by the Financial Services Authority from this date

FCA register

29 June 2009

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

FCA register

6 January 2009

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (7 shown here)
  • Every director appointment and resignation: 3
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Firms like Power Transfer

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 Power Transfer

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 15 events in its history

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Frequently asked questions about this firm

Is Power Transfer Limited FCA authorised?
Yes, Power Transfer Limited (FRN 503127) is registered with the FCA and permitted to provide its regulated services.
What is Power Transfer’s phone number and website?
The FCA register lists the phone number 020 7229 4370 and the website pwtransfer.com for Power Transfer. If you were given different contact details, use these to check with the firm before going any further.
Is Power Transfer a scam or clone?
Power Transfer 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 Power Transfer?
Protection depends on which product you hold and how Power Transfer handles your money, so check the specific product before you commit. You can also refer complaints about Power Transfer to the Financial Ombudsman Service, free of charge.
Who owns Power Transfer?
Companies House lists one person with significant control of Power Transfer: Director Leandro Rodrigo Militello (75–100% of shares).
Who runs Power Transfer?
Companies House lists one director of Power Transfer: Leandro Rodrigo Militello.
How long has Power Transfer been in business?
The company was formed on 6 January 2009, and has held its current FCA authorisation since September 2018.
What do Power Transfer’s latest accounts show?
Its latest accounts, to 31 January 2026, show net assets of £7,324 (−53% from £15.6k) and cash at bank of £12.6k (−53% from £26.8k).
Does Power Transfer use any other names?
It has previously used 3 other names: Power Foreign Exchange & Money Transfers Ltd, Power Money Transfer and Power Transfers.

Sources and links

The full report on Power Transfer Limited

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