Registered, but in an insolvency process
This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.
- No FCA actions
- Accounts filed up to 31 December 2023
- Company: in liquidation
- Accounts are overdue at Companies House
- Confirmation statement is overdue at Companies House
- Its phone number is also given by a firm that is no longer authorised
- On its latest accounts it owed £612k more than it owned
What the FCA says
ATTENTION - Firm in an insolvency process
This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).
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
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Phone number
Also given by 2 firms that are no longer authorised. Check you are dealing with the firm on this page.
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Address
Official Receiver: Victoria Prime, PO BOX 16662, BIRMINGHAM, B2 2HA, United Kingdom
In the full report: 2 background checks
- What kind of line 0300 678 0016 is, and the 10 other firms that give it
- Who else gives the postcode B2 2HA
Other names (4)
If you were contacted under any of these names, it is this firm.
- Banqfar Trading name: A name it trades under now.
- Freedom Account Trading name: A name it trades under now.
- HustlePay Trading name: A name it trades under now.
- Ryan Daniels UK Limited Former name: A name it was registered under before.
Past FCA permissions and consumer protection
- In an insolvency processMoney the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
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.
Concerns on the company record
- Companies House records this company in liquidation, but it is still authorised on the FCA register.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 10500364 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 28 November 2016 (9 years old)
- Registered office
- 1 Canada Square, London, E14 5AA, England
- Nature of business
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- Business and domestic software development (SIC 62012)
- Other information technology service activities (SIC 62090)
- Data processing, hosting and related activities (SIC 63110)
- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Oluwasijibomi Oluwagbemiga Sanya (Dr) | Director | Dec 1987 | 1 Jan 2018 | 10 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
- 10
- closed down
- 8
- still active
- 2
In the full report: all 10 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 5 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£612k
−371% from £226k
Cash at bank
£110k
−66% from £323k
Employees (average)
19
Same as 19
Owed within a year
£785k
Up £785k from £0
Its next accounts are overdue at Companies House.
Net assets are negative: on its last balance sheet the company owed £612k more than it owned.
Net assets
In the full report: all 5 years of accounts
- Every year from 2019 to 2023
- 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 10500364. 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
Tranzfar’s history from the FCA register and Companies House, newest first.
2019
12 October 2019
- Oluwasijibomi Oluwagbemiga Sanya stopped being a part-owner
- Romeo Taribo Oluwaseun Ryan stopped being a part-owner
- Tranzfar Group Ltd took control (75–100% of shares)
Companies House
2018
18 December 2018
- Registered as a small payment institution
FCA register
20 June 2018
- Changed its registered name from "Ryan Daniels UK Limited"
FCA register
2017
1 April 2017
- Supervised by HMRC under the money laundering rules from this date
FCA register
1 February 2017
- Regulated by the FCA from this date
FCA register
2016
28 November 2016
- Incorporated at Companies House
- Oluwasijibomi Oluwagbemiga Sanya became a part-owner (25–50% of shares)
- Romeo Taribo Oluwaseun Ryan became a part-owner (25–50% of shares)
Companies House
In the full report: all 23 events
- All 23 events in its history (10 shown here)
- Every director appointment and resignation: 9
Firms connected to Tranzfar
Other FCA-listed firms that share a director, phone number or address with Tranzfar. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 12
- no longer authorised
- 2
- share its phone number
- 10
In the full report: all 12 connected firms, named
- How each is linked: the same phone number (10), the same postcode (2)
- Who links each one: the named directors, with dates
Firms like Tranzfar
Other firms of the same type (payment or money transfer firm), nearest first.
In Birmingham
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 Tranzfar
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 10 other companies its directors have run, named
- 2 background checks on its contact details
- 5 years of accounts, charted
- All 23 events in its history
- 12 connected firms, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk