Practika Finance Ltd
Reference number: 901061
Instant download
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.
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Phone number
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Address
Office 6 and 7, Canbury Business Park, Elm Crescent, Kingston, KT2 6HL, United Kingdom
In the full report: 3 background checks
- When practika.net first appeared online, and whether it can receive email
- What kind of line 07749 100241 is
- Who else gives the postcode KT2 6HL
FCA permissions and consumer protection
- Handle payments & transfers Funds safeguardedYour money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (7 permissions)
- a) Services enabling cash placement on a payment account
- b) Services enabling cash withdrawals from a payment account
- c) Execution of payment transactions (not covered by a credit line)
- d) Execution of payment transactions (covered by a credit line)
- e) Issuing payment instruments or acquiring payment transactions
- f) Money remittance
- h) Issuing Electronic Money
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
- 12191299 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 5 September 2019 (7 years old)
- Registered office
- 167 - 169 Great Portland Street, Fifth Floor, London, W1W 5PF, United Kingdom
- Nature of business
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- Other information technology service activities (SIC 62090)
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Renat Fasilov | Director | Oct 1981 | 5 Sep 2019 | 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
£251k
−12% from £286k
Employees (average)
1
Same as 1
Owed within a year
£1,371
Same as £1,371
Net assets
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 12191299. 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
Practika Finance’s history from the FCA register and Companies House, newest first.
2020
8 July 2020
- Became an authorised e-money institution
FCA register
2019
25 November 2019
- Regulated by the FCA from this date
FCA register
5 September 2019
- Incorporated at Companies House
- Renat Fasilov took control (75–100% of shares)
Companies House
In the full report: all 9 events
- All 9 events in its history (4 shown here)
- Every director appointment and resignation: 5
Firms like Practika Finance
Other firms of the same type (payment or money transfer firm), nearest first.
In the Kingston upon Thames (KT) 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 Practika Finance
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
- 3 background checks on its contact details
- All 9 events in its history
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Frequently asked questions about this firm
Is Practika Finance Ltd FCA authorised?
What is Practika Finance’s phone number and website?
Is Practika Finance a scam or clone?
Is my money safe with Practika Finance?
Who owns Practika Finance?
Who runs Practika Finance?
How long has Practika Finance been in business?
What do Practika Finance’s latest accounts show?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- How safeguarding works fca.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk