Registered, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 30 April 2025
- Company: in liquidation
- Confirmation statement is overdue at Companies House
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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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Address
c/o Bai Cham of BTG Begbies Traynor (Central) LLP and Gary Paul Shankland, Innovation Centre Medway, Maidstone Road, Chatham, Kent, ME5 9FD, United Kingdom
In the full report: 1 background check
- Who else gives the postcode ME5 9FD
Other names (3)
If you were contacted under any of these names, it is this firm.
- MTBS Trading name: A name it trades under now.
- MTBS Global Trading name: A name it trades under now.
- PPS Money Trading name: A name it trades under now.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
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.
Concerns on the company record
- Companies House records this company in liquidation, but it is still authorised on the FCA register.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 09891121 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 26 November 2015 (10 years old)
- Registered office
- Btg Begbies Traynor (Central) Llp, Innovation Centre Medway Maidstone Road, Chatham, Kent, ME5 9FD
- Nature of business
-
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Musa Jammeh | Director | Jun 1975 | 1 Nov 2021 | 10 other companies |
| Taimoor Iqbal | Director | May 1983 | 1 Nov 2023 | 5 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
- 10
- closed down
- 3
- went insolvent
- 1
In the full report: all 10 companies, named
- What each company does, and whether it is still trading
- Which of these 2 directors sit on each board, and since when
- The one that went into liquidation or administration
- The one on the FCA register, including one no longer authorised
- The 5 companies these 2 directors run together
- All 6 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£64.4k
−56% from £146k
Cash at bank
£348k
+16% from £301k
Employees (average)
29
+867% from 3
Owed within a year
£886k
+75% from £507k
Net assets
In the full report: all 6 years of accounts
- Every year from 2019 to 2025
- The chart, 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.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 09891121. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Premier Payment Solutions’s history from the FCA register and Companies House, newest first.
2025
14 August 2025
- Adriana Bonomo gave up control
- Tamkanat Shah took control (75–100% of shares)
Companies House
2021
18 March 2021
- Board replaced: its only director left and a new director took over
- Adriana Bonomo took control (75–100% of shares)
- Musa Jammeh gained significant control
- Musa Jammeh gave up control
- Taimoor Iqbal gained significant control
Companies House
2020
18 January 2020
- Regulated by the FCA from this date
- Supervised by HMRC under the money laundering rules from this date
- Registered as a small payment institution
FCA register
2019
20 September 2019
- Musa Jammeh gave up control
- Musa Jammeh took control (75–100% of shares)
Companies House
1 May 2019
- Board replaced: its only director left and 2 new directors took over
Companies House
2016
1 August 2016
- Musa Jammeh took control (75–100% of shares)
Companies House
2015
26 November 2015
- Incorporated at Companies House
Companies House
In the full report: all 34 events
- All 34 events in its history (15 shown here)
- Every director appointment and resignation: 16
Firms connected to Premier Payment Solutions
Other FCA-listed firms that share a director, phone number or address with Premier Payment Solutions. A link shows who the firm is tied to, not whether either can be trusted.
- past links
- 2
In the full report: all 0 connected firms, named
- 2 past links through former directors
Firms like Premier Payment Solutions
Other firms of the same type (payment or money transfer firm), nearest first.
In the Medway (ME) postcode area
Elsewhere in the UK
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 Premier Payment Solutions
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 10 other companies its directors have run, named
- 1 background check on its contact details
- 6 years of accounts, charted
- All 34 events in its history
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Frequently asked questions about this firm
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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