Speed Remit Worldwide Limited
Reference number: 585100
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Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
This company holds another FCA record
A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.
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
A M C House, 12 Cumberland Avenue, London, Brent, NW10 7QL, United Kingdom
In the full report: 3 background checks
- When speedremit.com first appeared online, and whether it can receive email
- What kind of line 020 8903 8448 is
- Who else gives the postcode NW10 7QL
Other names (1)
If you were contacted under any of these names, it is this firm.
- Speed Remit Trading name: A name it trades under now.
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.
Limits on what they may do
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Restrictions placed on payment services
With immediate effect, Speed Remit Worldwide Limited undertakes to: a) Return all relevant funds to customers as soon as practicable; b) Provide the Financial Conduct Authority (FCA) with the following within 1 week of this undertaking: i. a bank statement(s) to evidence the return of relevant funds under paragraph (a); and ii. written confirmation from the Director of SRWL whether SRWL is holding any relevant funds; c) Not provide payment services, other than in order to comply with paragraph (a); d) Not on-board or register any new payment service users; e) Take all reasonable steps to stop incoming payments from any existing customers, including issuing appropriate communications to discourage further payments and working with banking providers to ensure appropriate controls are implemented to block new payments and; f) Place a statement in a prominent place on its website within 48 hours of signing this undertaking, informing customers that SRWL is not currently providing payment services in the UK, and that customers should contact SRWL if they have any queries.
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
- 04168763 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 27 February 2001 (25 years old)
- Registered office
- 309 Hoe Street, Walthamstow, London, E17 9BG, England
- Nature of business
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- Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Mohammad Salman Iqbal | Director | Oct 1974 | 27 Feb 2001 | 5 other companies |
| Muhammad Yaqoob Iqbal | Director | Sep 1979 | 3 Dec 2015 | 1 other company |
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
- 6
- closed down
- 2
- still active
- 4
In the full report: all 6 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
- All 3 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£1.12m
−17% from £1.36m
Employees (average)
1
Same as 1
Owed within a year
£4.13m
−2.2% from £4.22m
Net assets
In the full report: all 8 years of accounts
- Every year from 2018 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 04168763. Figures are exactly as filed; nothing is estimated.
Key dates in its history
Speed Remit Worldwide’s history from the FCA register and Companies House, newest first.
2026
8 May 2026
- FCA imposed a requirement (Restrictions placed on payment services)
FCA register
2018
4 May 2018
- Became an authorised payment institution
FCA register
2016
6 April 2016
- Mohammad Salman Iqbal gained significant control
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2012
29 November 2012
- Regulated by the Financial Services Authority from this date
- Supervised by HMRC under the money laundering rules from this date
FCA register
2001
27 February 2001
- Incorporated at Companies House
Companies House
In the full report: all 11 events
- All 11 events in its history (7 shown here)
- Every director appointment and resignation: 2
Firms like Speed Remit Worldwide
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 Speed Remit Worldwide
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 6 other companies its directors have run, named
- 3 background checks on its contact details
- 8 years of accounts, charted
- All 11 events in its history
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Frequently asked questions about this firm
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How long has Speed Remit Worldwide been in business?
What do Speed Remit Worldwide’s latest accounts show?
Does Speed Remit Worldwide use any other names?
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