UAE Exchange UK Limited
Reference number: 504329
Instant download
No longer authorised
This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 23 February 2018.
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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Last known website
corp.uaeexchange.com/gbr
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Last known phone number
020 3960 7625
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Last known address
25, RATHBORNE STREET, LONDON, LONDON, W1T 1NQ, United Kingdom
In the full report: 3 background checks
- When corp.uaeexchange.com first appeared online, and whether it can receive email
- What kind of line 020 3960 7625 is
- Who else gives the postcode W1T 1NQ
Other names (3)
If you were contacted under any of these names, it is this firm.
- Remit2India Trading name: A name it trades under now.
- UAE Exchange Trading name: A name it trades under now.
- Xpressmoneyonline Former trading name: A name it used to trade under.
Past FCA permissions and consumer protection
- The record is closedCover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.
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.
- Accounts are overdue at Companies House.
- Confirmation statement is overdue at Companies House.
- This company has insolvency history on record.
- Company number
- 06937891 (opens Companies House in a new tab)
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 18 June 2009 (17 years old)
- Registered office
- 6th Floor 2 London Wall Place, London, EC2Y 5AU
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Filed accounts and finances
Net assets
£4.42m
No earlier figure to compare
Cash at bank
£111k
No earlier figure to compare
Employees (average)
39
No earlier figure to compare
Its next accounts are overdue at Companies House.
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 06937891. 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
UAE Exchange UK’s history from the FCA register and Companies House, newest first.
2024
12 April 2024
- No longer regulated by the FCA
- No longer supervised by HMRC
FCA register
2019
8 May 2019
- Bavaguthu Raghuram Shetty gave up control
- Finablr PLC took control (75–100% of shares)
Companies House
18 April 2019
- Saeed Mohamed Butti Mohamed Alqebaisi stopped being a part-owner
Companies House
2018
23 February 2018
- Status on the FCA register became "Cancelled - Authorised PI"
FCA register
2016
6 April 2016
- Bavaguthu Raghuram Shetty took control (75–100% of shares)
- Saeed Mohamed Butti Mohamed Alqebaisi became a part-owner (25–50% of shares)
- United Global Holdings LLC became the majority owner (50–75% of shares)
- United Global Holdings LLC stopped being the majority owner
Companies House
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
2009
1 November 2009
- Regulated by the Financial Services Authority from this date
FCA register
17 August 2009
- Supervised by HMRC under the money laundering rules from this date
FCA register
18 June 2009
- Incorporated at Companies House
Companies House
In the full report: all 55 events
- All 55 events in its history (14 shown here)
- Every director appointment and resignation: 36
Firms like UAE Exchange UK
Other firms of the same type (payment or money transfer firm), nearest first.
In London
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 UAE Exchange UK
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 background checks on its contact details
- All 55 events in its history
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Frequently asked questions about this firm
Is UAE Exchange UK Limited FCA authorised?
Is UAE Exchange UK a scam or clone?
Is my money safe with UAE Exchange UK?
Who owns UAE Exchange UK?
How long has UAE Exchange UK been in business?
What do UAE Exchange UK’s latest accounts show?
Does UAE Exchange UK use any other names?
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