Rashid Exchange Limited

Reference number: 573340

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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.

  • No website on the FCA register

  • Phone number

    0121 766 8358

  • Address

    364 Stratford Road, Sparkhill, Birmingham, West Midlands, B11 4AB, United Kingdom

In the full report: 2 background checks

  • What kind of line 0121 766 8358 is
  • Who else gives the postcode B11 4AB
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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
04453288
Company status
Active
Company type
Private limited company
Incorporated
31 May 2002 (24 years old)
Registered office
119 Pershore Road, Birmingham, B5 7NX, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Adnan Raza Rashid Director Nov 1978 2 Feb 2017 2 other companies

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 companies
2
still active
2

In the full report: all 2 companies, 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 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£29.4k

−3.8% from £30.6k

Employees (average)

3

Same as 3

Owed within a year

£6,706

−77% from £29.5k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • 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 04453288. 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

Rashid Exchange’s history from the FCA register and Companies House, newest first.

Key events (7) All events (13)

2018

13 November 2018

  • Regulated by the FCA from this date
  • No longer regulated by the FCA
  • Registered as a small payment institution

FCA register

2016

30 June 2016

  • Adnan Raza Rashid became a part-owner (25–50% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2012

26 July 2012

  • Regulated by the Financial Services Authority from this date

FCA register

2002

31 May 2002

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (7 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Rashid Exchange

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

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Rashid Exchange

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

In Birmingham

2Pay LimitedBirminghamRegisteredAbu Exchange LtdBirminghamRegisteredAltras International LimitedBirminghamAuthorisedAps International LimitedBirminghamAuthorisedArise Ventures LtdBirminghamRegisteredBen Saad Services LtdBirminghamRegistered

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 Rashid Exchange

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

  • 2 other companies its directors have run, named
  • 2 background checks on its contact details
  • 6 years of accounts, charted
  • All 13 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Rashid Exchange Limited FCA authorised?
Yes, Rashid Exchange Limited (FRN 573340) is registered with the FCA and permitted to provide its regulated services.
What is Rashid Exchange’s phone number?
The FCA register lists the phone number 0121 766 8358 for Rashid Exchange. If you were given different contact details, use these to check with the firm before going any further.
Is Rashid Exchange a scam or clone?
Rashid Exchange 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 Rashid Exchange?
Protection depends on which product you hold and how Rashid Exchange handles your money, so check the specific product before you commit. You can also refer complaints about Rashid Exchange to the Financial Ombudsman Service, free of charge.
Who owns Rashid Exchange?
Companies House lists one person with significant control of Rashid Exchange: Mr Adnan Raza Rashid (25–50% of shares).
Who runs Rashid Exchange?
Companies House lists one director of Rashid Exchange: Adnan Raza Rashid.
How long has Rashid Exchange been in business?
The company was formed on 31 May 2002, and has held its current FCA authorisation since November 2018.
What do Rashid Exchange’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £29.4k (−3.8% from £30.6k).

Sources and links

The full report on Rashid Exchange Limited

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