The Bank Safety Deposit Centre Ltd

Reference number: 669260

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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.

In the full report: 3 background checks

  • When thebanksdc.com first appeared online, and whether it can receive email
  • What kind of line 0121 357 3094 is
  • Who else gives the postcode B42 1TW
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Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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
09395442
Company status
Active
Company type
Private limited company
Incorporated
19 January 2015 (11 years old)
Registered office
919 Walsall Road, Great Barr, Birmingham, B42 1TW
Nature of business
  • Security systems service activities (SIC 80200)

Directors and company secretaries

Name Role Born Appointed Other companies
Kulwinder Kaur Malhi Director Aug 1978 19 Jan 2015 4 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
4
closed down
3
still active
1

In the full report: all 4 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 2 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Micro-entity accountsNot audited

Net assets

£4,655

−57% from £10.7k

Employees (average)

3

Same as 3

Owed within a year

£210k

−2.4% from £215k

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
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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 09395442. 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

The Bank Safety Deposit Centre’s history from the FCA register and Companies House, newest first.

Key events (4) All events (7)

2020

1 September 2020

  • Manjit Singh Malhi became a part-owner (25–50% of shares)

Companies House

2017

19 January 2017

  • Kulwinder Kaur Malhi became a part-owner (25–50% of shares)

Companies House

2015

19 February 2015

  • Registered with the FCA

FCA register

19 January 2015

  • Incorporated at Companies House

Companies House

In the full report: all 7 events

  • All 7 events in its history (4 shown here)
  • Every director appointment and resignation: 3
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Get the full report on The Bank Safety Deposit Centre

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

  • 4 other companies its directors have run, named
  • 3 background checks on its contact details
  • 7 years of accounts, charted
  • All 7 events in its history

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Frequently asked questions about this firm

Is The Bank Safety Deposit Centre Ltd FCA authorised?
The Bank Safety Deposit Centre Ltd (FRN 669260) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
What is The Bank Safety Deposit Centre’s phone number and website?
The FCA register lists the phone number 0121 357 3094 and the website thebanksdc.com for The Bank Safety Deposit Centre. If you were given different contact details, use these to check with the firm before going any further.
Is The Bank Safety Deposit Centre a scam or clone?
The Bank Safety Deposit Centre is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with The Bank Safety Deposit Centre?
Money you hand to The Bank Safety Deposit Centre is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns The Bank Safety Deposit Centre?
Companies House lists 2 people with significant control of The Bank Safety Deposit Centre: Mrs Kulwinder Kaur Malhi (25–50% of shares) and Mr Manjit Singh Malhi (25–50% of shares).
Who runs The Bank Safety Deposit Centre?
Companies House lists one director of The Bank Safety Deposit Centre: Kulwinder Kaur Malhi.
How long has The Bank Safety Deposit Centre been in business?
The company was formed on 19 January 2015.
What do The Bank Safety Deposit Centre’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £4,655 (−57% from £10.7k).

Sources and links

The full report on The Bank Safety Deposit Centre Ltd

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