Trolley Payments UK Ltd

Reference number: 771016

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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

  • When trolley.com first appeared online, and whether it can receive email
  • What kind of line 020 3868 6355 is
  • Who else gives the postcode EC2M 4PL
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Other names (3)

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

  • Payment Rails Trading name
  • Trolley Trading name
  • Payment Rails Ltd Former 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 (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
10318200
Company status
Active
Company type
Private limited company
Incorporated
8 August 2016 (10 years old)
Registered office
8 Devonshire Square, London, EC2M 4PL, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Timothy Samuel Nixon Director Sep 1980 8 Aug 2016 None
Andreas Farina Vaz Director May 1975 14 Jul 2017 1 other company
Sapna Amritlal Kaur Marwaha Director Nov 1984 4 Oct 2021 None
Jonathan Andrew Skeet Director May 1979 23 Feb 2022 None

Other companies run by these 4 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 company
1
closed down
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£563k

+184% from £199k

Cash at bank

£3.29m

+105% from £1.60m

Employees (average)

9

Same as 9

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 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 10318200. 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

Trolley Payments UK’s history from the FCA register and Companies House, newest first.

Key events (13) All events (23)

2022

20 May 2022

  • Changed its registered name from "Payment Rails Ltd"

FCA register

2021

4 October 2021

  • Andrew Redd no longer has significant control

Companies House

2018

4 July 2018

  • Naureen Ahmed stopped being the majority owner

Companies House

28 March 2018

  • Andreas Farina Vaz gained significant control
  • Ferhan Patel stopped being the majority owner
  • Naureen Ahmed became the majority owner (50–75% of shares)

Companies House

21 March 2018

  • Became an authorised payment institution

FCA register

2017

16 March 2017

  • Supervised by HMRC under the money laundering rules from this date

FCA register

3 February 2017

  • Regulated by the FCA from this date

FCA register

2016

20 December 2016

  • Andrew Redd gained significant control

Companies House

8 August 2016

  • Incorporated at Companies House
  • Ferhan Patel became the majority owner (50–75% of shares)
  • Timothy Samuel Nixon became the majority owner (50–75% of shares)

Companies House

In the full report: all 23 events

  • All 23 events in its history (13 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Trolley Payments UK

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

connected firms
2
no longer authorised
1
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 Trolley Payments UK

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

In London

StoneX Financial LtdLondonAuthorisedReal Transfer LimitedLondonAuthorisedOnafriq UK LimitedLondonAuthorisedDaytona Capital Management LimitedLondonAuthorisedSable International FX LimitedLondonAuthorisedA N Express LimitedLondonAuthorised

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 Trolley Payments UK

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

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 23 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Trolley Payments UK Ltd FCA authorised?
Yes, Trolley Payments UK Ltd (FRN 771016) 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 Trolley Payments UK’s phone number and website?
The FCA register lists the phone number 020 3868 6355 and the website trolley.com for Trolley Payments UK. If you were given different contact details, use these to check with the firm before going any further.
Is Trolley Payments UK a scam or clone?
Trolley Payments UK 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 Trolley Payments UK?
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 Trolley Payments UK to the Financial Ombudsman Service, free of charge.
Who owns Trolley Payments UK?
Companies House lists 2 people with significant control of Trolley Payments UK: Timothy Samuel Nixon (50–75% of shares) and Mr Andreas Farina Vaz (significant influence or control). Before that, it was controlled by Mr Andrew Redd, Mrs Naureen Ahmed and Ferhan Patel.
Who runs Trolley Payments UK?
Companies House lists 4 directors of Trolley Payments UK: Timothy Samuel Nixon, Andreas Farina Vaz, Sapna Amritlal Kaur Marwaha and Jonathan Andrew Skeet.
How long has Trolley Payments UK been in business?
The company was formed on 8 August 2016, and has held its current FCA authorisation since March 2018.
What do Trolley Payments UK’s latest accounts show?
Its latest accounts, to 31 December 2025, show net assets of £563k (+184% from £199k) and cash at bank of £3.29m (+105% from £1.60m).
Does Trolley Payments UK use any other names?
It trades as Payment Rails and Trolley. It has previously used the name Payment Rails Ltd.

Sources and links

The full report on Trolley Payments UK Ltd

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