Sonali Pay UK Limited

Reference number: 977519

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.

In the full report: 2 background checks

  • When sonalipay.co.uk first appeared online, and whether it can receive email
  • Who else gives the postcode B10 0UF
Instant PDF download
Other names (1)

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

  • SonaliPay Trading name

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 (2 permissions)
  • 5. Issuing and/or acquiring of payment instruments.
  • 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
14075288
Company status
Active
Company type
Private limited company
Incorporated
28 April 2022 (4 years old)
Registered office
380 Coventry Road, Small Heath, Birmingham, B1O 0UF, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Khawja Md Masum Billah Director Feb 1967 6 May 2022 2 other companies
Md Shawkat Ali Khan Director Dec 1970 2 Sep 2025 None
Jack Georgiou Secretary Not published 23 Jul 2025 –

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
2
still active
2
are FCA-registered
2

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • All 8 people who have ever been directors, with their dates
Instant PDF download

Filed accounts and finances

8 months to 31 December 2022Micro-entity accountsNot audited

Net assets

£888k

No earlier figure to compare

Employees (average)

5

No earlier figure to compare

Owed within a year

£192k

No earlier figure to compare

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 14075288. 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

Sonali Pay UK’s history from the FCA register and Companies House, newest first.

Key events (4) All events (21)

2023

15 June 2023

  • Regulated by the FCA from this date
  • Became an authorised payment institution

FCA register

2022

28 April 2022

  • Incorporated at Companies House
  • Sonali Bank Limited took control (75–100% of shares)

Companies House

In the full report: all 21 events

  • All 21 events in its history (4 shown here)
  • Every director appointment and resignation: 14
Instant PDF download

Firms connected to Sonali Pay UK

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

connected firm
1
share a director
1
past link
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
  • 1 past link through former directors
Instant PDF download

Firms like Sonali Pay UK

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 Sonali Pay UK

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
  • All 21 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Sonali Pay UK Limited FCA authorised?
Yes, Sonali Pay UK Limited (FRN 977519) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2023 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Sonali Pay UK’s website?
The FCA register lists the website sonalipay.co.uk for Sonali Pay UK. If you were given different contact details, use these to check with the firm before going any further.
Is Sonali Pay UK a scam or clone?
Sonali Pay UK 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 Sonali Pay UK?
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 Sonali Pay UK to the Financial Ombudsman Service, free of charge.
Who owns Sonali Pay UK?
Companies House lists one person with significant control of Sonali Pay UK: Sonali Bank Limited (75–100% of shares).
Who runs Sonali Pay UK?
Companies House lists 2 directors of Sonali Pay UK: Khawja Md Masum Billah and Md Shawkat Ali Khan.
How long has Sonali Pay UK been in business?
The company was formed on 28 April 2022, and has held its current FCA authorisation since June 2023.
What do Sonali Pay UK’s latest accounts show?
Its latest accounts, to 31 December 2022, show net assets of £888k (no earlier figure to compare).
Does Sonali Pay UK use any other names?
It trades as SonaliPay.

Sources and links

The full report on Sonali Pay UK Limited

£19.99 · Instant PDF download

Loading secure checkout…