Transfer Direct Ltd

Reference number: 918589

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Registered with the FCA

This firm is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.

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 transferdirectltd.co.uk first appeared online, and whether it can receive email
  • What kind of line 07587 485989 is
  • Who else gives the postcode HA0 3HS
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Other names (1)

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

  • Oqab Remittance Trading name

FCA permissions and consumer protection

  • Handle payments & transfers No FSCS cover
    Safeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.
  • 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 (1 permission)
  • 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
12194165
Company status
Active
Company type
Private limited company
Incorporated
6 September 2019 (7 years old)
Registered office
37 Court Parade, East Lane, Wembley, Middlesex, HA0 3HS, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Abdul Musawer Nasseri Director May 1989 24 Nov 2022 3 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
3
closed down
2
still active
1

In the full report: all 3 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 30 September 2025Micro-entity accountsNot audited

Net assets

£4,934

−70% from £16.2k

Employees (average)

3

Same as 3

Owed within a year

£37.2k

−25% from £49.7k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 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 12194165. 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

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

Key events (6) All events (10)

2023

17 May 2023

  • Abdul Musawer Nasseri took control (75–100% of shares)
  • Mustafa Cankaya gave up control

Companies House

2020

18 December 2020

  • Regulated by the FCA from this date
  • Registered as a small payment institution

FCA register

2019

6 September 2019

  • Incorporated at Companies House
  • Mustafa Cankaya took control (75–100% of shares)

Companies House

In the full report: all 10 events

  • All 10 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Transfer Direct

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

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Transfer Direct

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

In England

Adam Remit LtdEnglandRegisteredAmal UK LimitedEnglandRegisteredAsia Money Transfer LtdEnglandRegisteredBell Remit LtdEnglandRegisteredFast Track Money Transfer LimitedEnglandAuthorisedGolden Xpress UK LtdEnglandRegistered

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 Transfer Direct

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

  • 3 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 10 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Transfer Direct Ltd FCA authorised?
Yes, Transfer Direct Ltd (FRN 918589) is registered with the FCA and permitted to provide its regulated services.
What is Transfer Direct’s phone number and website?
The FCA register lists the phone number 07587 485989 and the website transferdirectltd.co.uk for Transfer Direct. If you were given different contact details, use these to check with the firm before going any further.
Is Transfer Direct a scam or clone?
Transfer Direct 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 Transfer Direct?
Protection depends on which product you hold and how Transfer Direct handles your money, so check the specific product before you commit. You can also refer complaints about Transfer Direct to the Financial Ombudsman Service, free of charge.
Who owns Transfer Direct?
Companies House lists one person with significant control of Transfer Direct: Mr Abdul Musawer Nasseri (75–100% of shares). Before that, it was controlled by Mr Mustafa Cankaya.
Who runs Transfer Direct?
Companies House lists one director of Transfer Direct: Abdul Musawer Nasseri.
How long has Transfer Direct been in business?
The company was formed on 6 September 2019, and has held its current FCA authorisation since December 2020.
What do Transfer Direct’s latest accounts show?
Its latest accounts, to 30 September 2025, show net assets of £4,934 (−70% from £16.2k).
Does Transfer Direct use any other names?
It trades as Oqab Remittance.

Sources and links

The full report on Transfer Direct Ltd

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