Transactworld Limited

Reference number: 900405

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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: 3 background checks, 1 thing worth a closer look

  • When twpayz.com first appeared online, and whether it can receive email
  • What kind of line 020 3129 9840 is
  • Who else gives the postcode W1U 6AG
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Other names (2)

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

  • TWPayz Trading name
  • TWPayz.com 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 (8 permissions)
  • a) Services enabling cash placement on a payment account
  • b) Services enabling cash withdrawals from a payment account
  • c) Execution of payment transactions (not covered by a credit line)
  • d) Execution of payment transactions (covered by a credit line)
  • e) Issuing payment instruments or acquiring payment transactions
  • f) Money remittance
  • g) Execution of payment transactions via telecoms, IT system or network operator
  • h) Issuing Electronic Money

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.

Concerns on the company record

  • Confirmation statement is overdue at Companies House.
Company number
08835541
Company status
Active
Company type
Private limited company
Incorporated
7 January 2014 (12 years old)
Registered office
5 Technology Park, Colindeep Lane, Colindale, London, NW9 6BX, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Vaishali Minesh Mehta Director Nov 1968 17 Jun 2014 6 other companies
Hima Shah Director Apr 1972 30 Jan 2018 1 other company
Nirav Patel Director Sep 1984 1 Oct 2025 9 other companies

Other companies run by these 3 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
15
closed down
9
run together
1

In the full report: all 15 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 3 directors run together
  • All 6 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 January 2025Full accountsAudited

Profit before tax

£158k

−30% from £225k

Total equity

£917k

+15% from £801k

Cash at bank

£453k

−70% from £1.52m

Owed within a year

£658k

−35% from £1.01m

The accounts for the year to 31 January 2025 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £260k, for the year to 31 January 2022.

* Cash at bank usually includes customers’ money.

Profit before tax

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • Both charts, 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.

Accounts filed at Companies House for company 08835541. 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

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

Key events (10) All events (21)

2024

13 August 2024

  • Amoolya Harshad Vassa stopped being a part-owner
  • Anupam Harshad Vassa stopped being a part-owner
  • Tw Fintech Ltd took control (75–100% of shares)

Companies House

2018

28 March 2018

  • Regulated by the FCA from this date
  • No longer regulated by the FCA
  • Became an authorised e-money institution

FCA register

2016

6 April 2016

  • Amoolya Harshad Vassa became a part-owner (25–50% of shares)
  • Anupam Harshad Vassa became a part-owner (25–50% of shares)

Companies House

2015

8 May 2015

  • Regulated by the FCA from this date

FCA register

2014

7 January 2014

  • Incorporated at Companies House

Companies House

In the full report: all 21 events

  • All 21 events in its history (10 shown here)
  • Every director appointment and resignation: 9
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Firms like Transactworld

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

In London

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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 Transactworld

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

  • 15 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 7 years of accounts, charted
  • All 21 events in its history

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Frequently asked questions about this firm

Is Transactworld Limited FCA authorised?
Yes, Transactworld Limited (FRN 900405) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Transactworld’s phone number and website?
The FCA register lists the phone number 020 3129 9840 and the website twpayz.com for Transactworld. If you were given different contact details, use these to check with the firm before going any further.
Is Transactworld a scam or clone?
Transactworld 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 Transactworld?
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 Transactworld to the Financial Ombudsman Service, free of charge.
Who owns Transactworld?
Transactworld is owned by Tw Fintech Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 13 August 2024. Before that, it was controlled by Mr Anupam Harshad Vassa and Mr Amoolya Harshad Vassa.
Who runs Transactworld?
Companies House lists 3 directors of Transactworld: Vaishali Minesh Mehta, Hima Shah and Nirav Patel.
How long has Transactworld been in business?
The company was formed on 7 January 2014, and has held its current FCA authorisation since March 2018.
What do Transactworld’s latest accounts show?
Its latest accounts, to 31 January 2025, show profit before tax of £158k (−30% from £225k) and total equity of £917k (+15% from £801k).
Does Transactworld use any other names?
It trades as TWPayz and TWPayz.com.

Sources and links

The full report on Transactworld Limited

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