Prune Payments Ltd
Reference number: 670226
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
1, 1 Primrose St,, London, EC2A 2JN, United Kingdom
In the full report: 3 background checks
- When prunepayments.com.com first appeared online, and whether it can receive email
- What kind of line 07878 637875 is
- Who else gives the postcode EC2A 2JN
Other names (3)
If you were contacted under any of these names, it is this firm.
- ArcaPay Ltd Former name: A name it was registered under before.
- MB Transfers Ltd Former name: A name it was registered under before.
- ArcaPay Partners Former trading name: A name it used to trade under.
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 (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
- 07762021 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 5 September 2011 (15 years old)
- Registered office
- 35-37 Ludgate Hill, Office 7, London, EC4M 7JN, 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 |
|---|---|---|---|---|
| Toyeeb Ibitade Ibrahim | Director | May 1992 | 1 Mar 2024 | None |
| Abdulaziz Muyiwa Ibraheem | Director | Jun 1987 | 8 Aug 2024 | None |
| Bilkis Omolola Simisola Lawal | Director | Jun 1993 | 22 Oct 2024 | None |
| Kabir Adeyemi Ibraheem | Director | Apr 1996 | 25 Oct 2024 | 1 other company |
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 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 these 4 directors sit on each board, and since when
- Any that went into liquidation or administration
- All 5 people who have ever been directors, with their dates
Filed accounts and finances
Total equity
£100.0k
No earlier figure to compare
Cash at bank
£672k
No earlier figure to compare
Owed within a year
£935k
Up £933k from £1,781
* Cash at bank usually includes customers’ money.
Assets and liabilities
In the full report: all 7 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.
Accounts filed at Companies House for company 07762021. 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
Prune Payments’s history from the FCA register and Companies House, newest first.
2023
21 December 2023
- Changed its registered name from "ArcaPay Ltd"
FCA register
1 December 2023
- Arcapay Holdings Limited gave up control
- Marius Bausys no longer has significant control
- Toyeeb Ibitade Ibrahim took control (75–100% of shares)
Companies House
2022
17 February 2022
- Arcapay Holdings Limited took control (75–100% of shares)
Companies House
2018
18 April 2018
- No longer regulated by the FCA
- Became an authorised payment institution
FCA register
2016
3 December 2016
- Changed its registered name from "MB Transfers Ltd"
FCA register
6 April 2016
- Marius Bausys gained significant control
Companies House
2015
7 October 2015
- Regulated by the FCA from this date
FCA register
2012
1 September 2012
- Supervised by HMRC under the money laundering rules from this date
FCA register
2011
5 September 2011
- Incorporated at Companies House
Companies House
In the full report: all 20 events
- All 20 events in its history (12 shown here)
- Every director appointment and resignation: 6
Firms connected to Prune Payments
Other FCA-listed firms that share a director, phone number or address with Prune Payments. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Firms like Prune Payments
Other firms of the same type (payment or money transfer firm), nearest first.
In London
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 Prune Payments
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 20 events in its history
- 2 connected firms, named, and who links them
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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
- 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