Privat 3 Money Ltd: FCA regulated?

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Authorised for 6 years
Your funds are safeguarded
No FCA actions
Active company since 2018
Accounts filed up to 31 December 2022

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.

Website

privat3money.com (opens in a new tab)
Phone number

020 8175 4025
Address

23 Hill Street, Mayfair, London, W1J 5LW, United Kingdom

In the full report: 3 background checks

When privat3money.com first appeared online, and whether it can receive email
What kind of line 020 8175 4025 is, and the other firm that gives it
Who else gives the postcode W1J 5LW

Other names (1)

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

P3 Trading name: A name it trades under now.

FCA permissions and consumer protection

Handle payments & transfers Funds safeguarded
Your 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, free
You 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: 11700691 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 28 November 2018 (7 years old)
Registered office: 23 Hill Street, Mayfair, London, W1J 5LW, England
Nature of business: Business and domestic software development (SIC 62012)
Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Reda Bedjaoui	Director	Feb 1972	28 Nov 2018	None
Daniel Popov Gould	Director	May 1980	1 Mar 2023	11 other companies
Jazmin Achi Mendez	Director	Jan 1966	16 Dec 2024	None
Andrew William Smith	Director	Jan 1977	1 Apr 2026	8 other companies

Other companies run by these 4 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: 19
still active: 17
went insolvent: 2

In the full report: all 19 companies, named

What each company does, and whether it is still trading
Which of these 4 directors sit on each board, and since when
The 2 that went into liquidation or administration
The one on the FCA register
All 7 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 December 2022Full accountsAudited

Turnover

£6.25m

Not compared: the previous accounts cover a different length of time

Profit before tax

£1.71m

Not compared: the previous accounts cover a different length of time

Net assets

£2.05m

+208% from £666k

Cash at bank

£2.17m

+115% from £1.01m

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 4 years of accounts

Every year from 2019 to 2022
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.

Accounts filed at Companies House for company 11700691. 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

Privat 3 Money’s history from the FCA register and Companies House, newest first.

Key events (5) All events (16)

2024

20 December 2024

P3 Group Holding Ltd. took control (75–100% of shares)

Companies House

2020

4 March 2020

Regulated by the FCA from this date
Became an authorised e-money institution

FCA register

2018

28 November 2018

Incorporated at Companies House
Reda Bedjaoui gained significant control

Companies House

In the full report: all 16 events

All 16 events in its history (5 shown here)
Every director appointment and resignation: 10

Firms connected to Privat 3 Money

Other FCA-listed firms that share a director, phone number or address with Privat 3 Money. A link shows who the firm is tied to, not whether either can be trusted.

connected firms: 4
share a director: 1
share its phone number: 1

In the full report: all 4 connected firms, named

How each is linked: shared directors (1), the same phone number (1), the same postcode (3)
Who links each one: the named directors, with dates

Firms like Privat 3 Money

Other firms of the same type (payment or money transfer firm), nearest first.

In London

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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 Privat 3 Money

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

19 other companies its directors have run, named
3 background checks on its contact details
4 years of accounts, charted
All 16 events in its history
4 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Privat 3 Money Ltd FCA authorised?

Yes, Privat 3 Money Ltd (FRN 900989) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2020 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.

What is Privat 3 Money’s phone number and website?

The FCA register lists the phone number 020 8175 4025 and the website privat3money.com for Privat 3 Money. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.

Is Privat 3 Money a scam or clone?

Privat 3 Money 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 Privat 3 Money?

It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Privat 3 Money to the Financial Ombudsman Service, free of charge.

Who owns Privat 3 Money?

Companies House lists 2 people with significant control of Privat 3 Money: P3 Group Holding Ltd. (75–100% of shares) and Reda Bedjaoui (significant influence or control).

Who runs Privat 3 Money?

Companies House lists 4 directors of Privat 3 Money: Reda Bedjaoui, Daniel Popov Gould, Jazmin Achi Mendez and Andrew William Smith.

How long has Privat 3 Money been in business?

The company was formed on 28 November 2018, and has held its current FCA authorisation since March 2020.

What do Privat 3 Money’s latest accounts show?

Its latest accounts, to 31 December 2022, show turnover of £6.25m (not compared: the previous accounts cover a different length of time) and profit before tax of £1.71m (not compared: the previous accounts cover a different length of time).

Does Privat 3 Money use any other names?

It trades as P3.