UK First Fintech Limited

Reference number: 901002

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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, 1 thing worth a closer look

  • When firstfintech.co.uk first appeared online, and whether it can receive email
  • What kind of line 07441 392370 is
  • Whether SE1 9SG is a shared office: 32 other firms give it
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Other names (1)

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

  • First Fintech Trading 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 (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
11972677
Company status
Active
Company type
Private limited company
Incorporated
1 May 2019 (7 years old)
Registered office
3rd Floor The News Building, 3 London Bridge Street, London, SE1 9SG, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)
  • Management consultancy activities other than financial management (SIC 70229)

Directors and company secretaries

Name Role Born Appointed Other companies
Fengping Wei Director May 1985 5 Jun 2020 None
Ying Liu Director Dec 1976 15 Aug 2022 2 other companies

Other companies run by these 2 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 companies
2
still active
2
is FCA-registered
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Small company accountsNot audited

Net assets

£1.75m

−12% from £1.98m

Cash at bank

£1.04m

−70% from £3.48m

Employees (average)

3

+50% from 2

Owed within a year

£140k

−46% from £262k

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2020 to 2024
  • 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 11972677. 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

UK First Fintech’s history from the FCA register and Companies House, newest first.

Key events (4) All events (18)

2020

17 April 2020

  • Became an authorised e-money institution

FCA register

2019

20 June 2019

  • Regulated by the FCA from this date

FCA register

1 May 2019

  • Incorporated at Companies House
  • Fengping Wei took control (75–100% of shares)

Companies House

In the full report: all 18 events

  • All 18 events in its history (4 shown here)
  • Every director appointment and resignation: 12
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Firms connected to UK First Fintech

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

connected firm
1
share a director
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
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Firms like UK First Fintech

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

In the South East London (SE) postcode area

SumUp Payments LimitedLondonAuthorisedMartrust Corporation LimitedLondonAuthorisedAlpha & Omega Trading Company LimitedLondonRegisteredAzimo LtdLondonAuthorisedBilex World LimitedLondonRegisteredBlessed Exchange LimitedLondonRegistered

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 UK First Fintech

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 5 years of accounts, charted
  • All 18 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is UK First Fintech Limited FCA authorised?
Yes, UK First Fintech Limited (FRN 901002) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2020 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is UK First Fintech’s phone number and website?
The FCA register lists the phone number 07441 392370 and the website firstfintech.co.uk for UK First Fintech. If you were given different contact details, use these to check with the firm before going any further.
Is UK First Fintech a scam or clone?
UK First Fintech 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 UK First Fintech?
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 UK First Fintech to the Financial Ombudsman Service, free of charge.
Who owns UK First Fintech?
Companies House lists one person with significant control of UK First Fintech: Fengping Wei (75–100% of shares).
Who runs UK First Fintech?
Companies House lists 2 directors of UK First Fintech: Fengping Wei and Ying Liu.
How long has UK First Fintech been in business?
The company was formed on 1 May 2019, and has held its current FCA authorisation since April 2020.
What do UK First Fintech’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £1.75m (−12% from £1.98m) and cash at bank of £1.04m (−70% from £3.48m).
Does UK First Fintech use any other names?
It trades as First Fintech.

Sources and links

The full report on UK First Fintech Limited

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