Transwap Technologies (UK) Limited
Reference number: 963951
Instant download
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.
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No phone number on the FCA register
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Address
Transwap Technologies (UK) Ltd, The Bayes Centre, University of Edinburgh, 47 Potterrow, Edinburgh, EH8 9BT, Scotland
In the full report: 2 background checks
- When transwap.com first appeared online, and whether it can receive email
- Who else gives the postcode EH8 9BT
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 (7 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
- 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.
- Company number
- SC663015 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 3 June 2020 (6 years old)
- Registered office
- 50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ, Scotland
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Kien Leong Lim | Director | Jun 1988 | 3 Jun 2020 | None |
| Chan Seng Wong | Director | May 1961 | 3 Jun 2020 | None |
In the full report: every company its directors have run
- Confirmation that these 2 directors run no other company
- All 4 people who have been directors, with their dates
Filed accounts and finances
Turnover
£533k
Up £507k from £26.2k
Profit before tax
−£575k
Down £43.9k from −£531k
Net assets
−£285k
−197% from £294k
Cash at bank
£3.98m
+666% from £520k
Net assets are negative: on its last balance sheet the company owed £285k more than it owned.
* Cash at bank usually includes customers’ money.
Turnover and profit
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 SC663015. 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
Transwap Technologies (UK)’s history from the FCA register and Companies House, newest first.
2024
1 April 2024
- Chan Seng Wong stopped being the majority owner
Companies House
2021
23 December 2021
- Regulated by the FCA from this date
- Became an authorised e-money institution
FCA register
2020
3 June 2020
- Incorporated at Companies House
- Chan Seng Wong became the majority owner (50–75% of shares)
- Chan Seng Wong took control (75–100% of shares)
- Lim Kien Long Lim became a part-owner (25–50% of shares)
- Lim Kien Long Lim stopped being a part-owner
Companies House
In the full report: all 14 events
- All 14 events in its history (8 shown here)
- Every director appointment and resignation: 6
Firms connected to Transwap Technologies (UK)
Other FCA-listed firms that share a director, phone number or address with Transwap Technologies (UK). 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
Firms like Transwap Technologies (UK)
Other firms of the same type (payment or money transfer firm), nearest first.
In Edinburgh
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 Transwap Technologies (UK)
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- Every company its directors have run, named
- 2 background checks on its contact details
- All 14 events in its history
- 2 connected firms, named, and who links them
Instant PDF One-off payment Secure checkout by Stripe
Frequently asked questions about this firm
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Who runs Transwap Technologies (UK)?
How long has Transwap Technologies (UK) been in business?
What do Transwap Technologies (UK)’s latest accounts show?
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