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.
- Registered for 11 years
- No FCA actions
- Active company since 2010
- Accounts filed up to 31 December 2024
- On its latest accounts it owed £6.03m more than it owned
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.
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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No website on the FCA register
-
Phone number
-
Address
Salisbury House, London Wall, London, EC2M 5QQ, United Kingdom
In the full report: 2 background checks
- What kind of line 020 7788 7690 is
- Who else gives the postcode EC2M 5QQ
Other names (1)
If you were contacted under any of these names, it is this firm.
- TradeRiver Finance Trading name: A name it trades under now.
Warning
Scammers have impersonated this firm
Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.
Fake email addresses (2)
- admin@trade-finance.ltd
- support@trade-finance.ltd
Fake websites (1)
- trade-finance.ltd
The FCA warning these came from
- TradeRiver Finance Ltd 17 June 2020
Scammers change these details often. Always check the live FCA warning.
Past FCA permissions and consumer protection
- Money-laundering registration onlyThis 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.
The clone warnings above are scammers using this firm's name, not something the firm has done.
Companies House record
The company behind the firm: its status, age, registered office and directors.
- Company number
- 07467967 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 13 December 2010 (15 years old)
- Registered office
- 100 Liverpool Street, London, EC2M 2AT, United Kingdom
- Nature of business
-
- Management consultancy activities other than financial management (SIC 70229)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Richard Ian Fossett | Director | Feb 1958 | 13 Dec 2010 | 2 other companies |
| Paula Kim Mcgourty | Director | Oct 1969 | 25 Sep 2014 | 3 other companies |
| MICHELMORES SECRETARIES LIMITED | Corporate secretary | Not published | 24 Sep 2015 | – |
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
- 5
- closed down
- 3
- went insolvent
- 1
In the full report: all 5 companies, named
- What each company does, and whether it is still trading
- Which of these 2 directors sit on each board, and since when
- The one that went into liquidation or administration
- All 7 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£6.03m
Down £669k from −£5.36m
Cash at bank
£19.9k
−74% from £77.4k
Owed within a year
£8.11m
+224% from £2.50m
Net assets are negative: on its last balance sheet the company owed £6.03m more than it owned.
Assets and liabilities
In the full report: all 6 years of accounts
- Every year from 2019 to 2024
- 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 07467967. 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
TradeRiver (UK)’s history from the FCA register and Companies House, newest first.
2021
18 November 2021
- Gemini Fintech Limited took control (75–100% of shares)
- Traderiver Finance Limited gave up control
Companies House
2020
17 June 2020
- FCA warned the public about a scam impersonating this firm
FCA warning list
2016
6 April 2016
- Traderiver Finance Limited took control (75–100% of shares)
Companies House
2015
30 July 2015
- Registered with the FCA
FCA register
2010
13 December 2010
- Incorporated at Companies House
Companies House
In the full report: all 19 events
- All 19 events in its history (6 shown here)
- Every director appointment and resignation: 12
Get the full report on TradeRiver (UK)
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 5 other companies its directors have run, named
- 2 background checks on its contact details
- 6 years of accounts, charted
- All 19 events in its history
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Frequently asked questions about this firm
Is TradeRiver (UK) Limited FCA authorised?
What is TradeRiver (UK)’s phone number?
Is TradeRiver (UK) a scam or clone?
Is my money safe with TradeRiver (UK)?
Who owns TradeRiver (UK)?
Who runs TradeRiver (UK)?
How long has TradeRiver (UK) been in business?
What do TradeRiver (UK)’s latest accounts show?
Does TradeRiver (UK) use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- FCA warning: TradeRiver Finance Ltd fca.org.uk
- Report a scam to the FCA fca.org.uk